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Technology Stocks : Corel Corp.
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To: Alomex who wrote (1943)9/10/1997 10:54:00 AM
From: Mr. Bean   of 9798
 
They made zippo.

With 96m in Revenue at a Margin at 23%.

The Revenue adjustment downward of 42m would cost 9.7m if booked.

with a loss of 32m added to revenues of 54m this would have translated to a breakeven of 32m+54m+9.7m= 95.7m

With Sales of 96 and COS And overhead of 95.7, as I said Zippo.

No change in cash position confirms this.

Cowpland is pulling out all the stops today to show good profit in the future.

B.C.
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