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Technology Stocks : Corel - What is the deal with this company?

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To: Aloysius Lo who wrote (178)7/25/1996 11:29:00 AM
From: Chee Keong Loh   of 347
 
Corel/Packard deal- give away

Aloysius, COS' CEO was on the radio this morning, as usual he sounded
"encouraging". However, Corel isn't going to make anything serious
from this deal. They're virtually giving it away. I'm not sure but
the deal is only worth a few million. One can say that Corel is just
trying to strategically position it's products using the OEM route.
But Packard Bell isn't exactly the greatest computer brand. Now if COS can nail a deal with IBM, that's something :) In the meantime
enjoy the uptick.

CK
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