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Technology Stocks : Corel Corp.
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To: Vijay Raghavan who wrote (752)6/23/1997 7:05:00 PM
From: Vanni Resta   of 9798
 
Briefing.com is garbage. IBES has Q2 consensus at 4.2 US cents. So Corel surprised by almost 50%. More importantly, analysts have revised upwards their FY1 estimates by 140% since about June 12, and the stock has hardly moved. I would advise against selling into tomorrow's rally (if there is one), since this is clearly a good long-term buy. Likewise, if you can get this stock tomorrow between $6 and $6 1/2, you should do so. The upward revisions in earnings estimates have been amazingly strong.

Happy Investing!

Vanni
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