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Technology Stocks : Corel Corp.

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To: A. Hayer who wrote (1322)	8/14/1997 1:51:00 PM
From: tom pope	of 9798

AH -- you've put your finger on the point that i find most baffling in the analysts' estimates. zacks is still at .07 for the quarter, and first call actually shows one analyst estimating .00! assuming this latter analyst is factoring in the favorable effect of no longer charging off the wp acquisition cost, he is actually predicting that corel will lose more in this quarter - on a comparable basis - than it has in any quarter since the acquisition. and this in the quarter which should show a revenue boost from wp8 sales (unless they so stuffed the pipeline in may that this q's revenues will be hugely adversely affected.) does this make sense, or are we setting up for a huge earnings surprise?? or am i smoking something??? tom

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