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Technology Stocks : Corel Corp.

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To: J Fieb who wrote (876)7/4/1997 3:13:00 PM
From: White Shoes   of 9798
 
Hmm? No I don't have any orders in at the moment. The TSE spread is often a nickel so I'll just buy at the market if the price backs off a bit to, say, $7.90 Cdn. Not saying it should happen but that's why I have some cash right now, waiting for a possible market correction.

I am interested in another value play, also Canadian, right now. CLCDF, CLV:VSE Clearly Canadian. The stock came way down as low as $1.50 Cdn (now at $2, dirt cheap, trading around book level) and the company is now on a very solid footing and set to grow again. A happy combination I think. Sometimes stocks get walked down so options can be issued at low prices...have we seen this happening anywhere else?

P.S. Wonder if Corel was buying back its own shares the week after Cowpland said to an interviewer that they were "dead" if the Java office suite didn't pan out.
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