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Technology Stocks : Corel Corp.

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To: micromike who wrote (1050)7/25/1997 7:42:00 PM
From: Alex Wulder   of 9798
 
Mike, it seems that you missed my point instead. Nothing
new there, you're in the business of missing all kind of
points.
For one, the point for any company is not to be doing
'cool technology', but to generate profits.

It doesn't matter how many articles, links and other
interesting or less so material you post about the
greatness and neatness of NC's and/or Java, and how
Microsoft is losing its monopoly etcetera - if it
doesn't change the Corel bottom line, then it's not
interesting, at least not for Corel shareholders.
So far, Corel has been a very shaky financial performer,
in very sharp contrast to Microsoft.

So, what do investors (most of them NOT infected by
your type of severe reality distortion) see in all
this great new stuff Corel is doing?
Very little indeed, considering the stock price.
Is the world right, or should they put their trust
with mike assad instead? Allow me to think the first!
Corel, incredibly, is putting money in a Java PC (!)
and is releasing its Office for Java way late for
dubious reasons. Moreover, even that office had been
released on schedule months back, the question pops
up: who is going to actually buy it?

On another front, I certainly believe Microsoft to be a
much better software developer than Corel based on
my own experiences with software of both companies.
But quite apart from that, 'better' doesn't mean a
thing to the end user if it doesn't actually and
directly benefit him or her.

Microsoft IS better, and it doesn't even need to be
because it's got the market, the installed base and
the brand name. Not to mention the money. Also, as if
it were necessary to bring the old example up again:
remember 'better than VHS' Betamax - just in case Corel
might become better than Microsoft, at any time in the future...

But ok, back to the new Corel products. Are these products
going to produce such advantages for its to-be users
that they will be a success? That they will convert Corel
into a little money factory? I think it'll be unlikely.
By the time Office for Java will be ready for real use
you can bet that there will be sealed Windows PC's produced
in tremendous volume that will be as cheap as any NC, of which
tens of versions will be produced in much lower volume.
At the same time Microsoft, with a Zero-admin version of
Windows and Win-UI version of Java, will have captured the
NC market by providing the same capabilities as other NC's
combined with the ability to run existing PC software.
Oh, and Corel will of course be redoing its Office for Java
to be Win-Java compatible. Of course, they'll sell copies, too!
Are you seeing the future?

If you want to be a simple one-sided Corel cheerleader, then
just go ahead with your rather dumb propaganda. However, anyone
with some serious amount of money invested in Corel should
probably think more seriously.
Finally, for those reading this thread it would certainly
not hurt the level of the conversation if you could just be a
little more critical of Corel, Java or the NC - not to mention
your own credibility, or what's left of it.

-Alex
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