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Technology Stocks : Corel Corp.

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To: A. Reader who wrote (934)7/14/1997 4:40:00 PM
From: Graham Marshman   of 9798
 
An interesting quote from WSJ. Corel doesn't qualify on the never-heard-of requirement but sure does in lack of analyst coverage.

" Wall Street's ignorance can be bliss for small-stock investors.

As the second-quarter earnings-reporting season gets under way in earnest this
week, expect to see some of the best performances come from companies you have
never heard of. A report by Prudential Securities has found that the less a
small stock is followed by brokerage-firm analysts, the more it rallies when it
beats those analysts' expectations. That buttresses many investors' belief that
one of the best ways to beat passive indexes is to hunt for neglected stocks
whose value has yet to be discovered by hordes of analysts and investors."

Graham
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