Corel Corp. Message Board

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Technology Stocks : Corel Corp.

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To: Robert Lewis who wrote (618)	6/14/1997 12:26:00 PM
From: Irv Paton	of 9798

"Don't forget that the PE ratio is going to be out of sight for 52 weeks." It will almost certainly be negative for the rest of the year, which is reported as non-applicable (or something like that). My understanding though is that some places calc P/E based on last year, some on 1/2 last year and 1/2 projected future year. But most analysts use the current quarter P/E since they don't care about history (other that as a projector of the future). So, if that's so, Q3 reporting should be when the numbers start to look good. However, I suspect that we'll have a good feel for where Corel is headed by the end of the day on Tuesday, June 24th, one day after Q2 results. If earnings without the write-off are above 20c, that should get the stock moving up. If it doesn't, then I'll just have to admit my naivete about what makes stocks go up and down. regards irv

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