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Technology Stocks : Corel Corp.

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To: tom pope who wrote (1941)	9/10/1997 10:27:00 AM
From: Alomex	of 9798

<< gotta say though that 96mm in revenues, if comparable to the streams we've been talking about, is disappointing. >> Indeed. I'd say the news are really bad. Not because a change in accounting, but because of those $96 M in revenues. I have to assume that given the bad figures they decided that sooner or later they would have to take a loss for a stuffed channel that was just not selling enough. They decided to take the plunge and recognize a bigger loss at once. This should have been a strong quarter for Corel having released new versions of several of its products...

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