Corel Corp. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Corel Corp.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Vanni Resta who wrote (1439)	8/19/1997 5:08:00 PM
From: A. Hayer	of 9798

Quote from the Dow Jones News Release: "Corel will spend more of its research and development funds on Java, Cowpland said. The annual research budget of about C$80 million (US $57.6 million) won't increase, but Cowpland expects Java to account for 50% of the budget, up from about 30% now" ------------------- If this is the case, then R&D expenses for Q3 and Q4 should be dramatically lower than the first half of this year. The lower expense would give a boost to second half earnings compared to what analysts are projecting. For the six months ending May 31/97, R&D expenditures stand at US$41.1 million. That leaves US$16.5 million in the total R&D budget for Q3 and Q4. The analysts are basing projections on US$20 million R&D per quarter. ah

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next