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Technology Stocks : Corel Corp.

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To: Steve who wrote (696)6/18/1997 1:26:00 PM
From: A. Hayer   of 9798
 
You're not the only one who is feeling confident. The article below (orginally published on June 15th) has one analyst with the same feelings.

Michel DeLavergne, an analyst with Dlouhy Investments Ltd. in Montreal, likes Corel's move back to a more focused business strategy and a lower and more stable cost structure as it improves cash flow from its operations. He thinks there is currently "hidden value" in Corel shares, and he has rated the stock a buy because he believes it is cheap now.

He has an ambitious six-month target of $12.40 to $14.50 for Corel shares.


ottawacitizen.com

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