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Technology Stocks : Corel - Investors with no Humor

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To: hdl who wrote (1092)12/10/2001 7:05:45 AM
From: A. Reader   of 1094
 
Got out of the stock during the Linux hype phase/craze. I still use Corel products everyday.
This kind of news wears me out. It just never ends with Corel:

OTTAWA (CBS.MW) - Canadian software maker Corel on Wednesday announced that fiscal 2002 revenue would be higher than this year's but the company would still report a loss.

The company (CORL: news, chart, profile ) expects revenue to come in between $170 million and $180 million and the loss before amortization charges to be $23 million to $31 million, or 20 cents to 27 cents a share.

The two analysts that follow Corel and polled by Thomson Financial/First Call expected an average 6-cent per share profit for the Ottawa-based company in 2002....
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