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Technology Stocks : Corel Corp.

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To: Vanni Resta who wrote (1491)	8/21/1997 1:18:00 PM
From: tom pope	of 9798

vanni, i sympathize with your frustration. i did a quick calculation last nite and found that since jan 1 my stocks are up 27% - and that's with the corel accounting for about 6/7% of the overall portfolio. i'm beginning to understand the meaning of dead money. with the exception of some gold shares i bailed out of in the spring, i think corel is my only stock under water. the confusion between what the toronto papers had on monday and what the company was trying to correct on tuesday certainly doesn't inspire confidence, especially when the pr department appeared to have no idea what cowpland had actually said. still and all, i'm staying in until the earnings. the basic premise for the investment is still there - little downside (given the apparent success of wp8), lots of upside if things work out. the problem is that the "if" gets murkier and murkier. we'll miss you, so stick around in a lurking mode at least. tom

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