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Technology Stocks : Corel Corp.

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To: bcoch who wrote (1953)9/10/1997 12:35:00 PM
From: Mr. Bean   of 9798
 
bcoch wrote: "it is not the major blood bath one would expect on an annoucment like this."

There is no doubt all of this has been discounted over the past few months. We discussed all of the risks associated with this stock on this thread. We wondered why most analysts did not recommend this stock as a buy. They viewed it as a hold! WHY? They knew!

After the storm (cleaning up the Balance Sheet, comes the calm, (the rebuilding of the P&L to good profit).

I think we all hoped that the storm has passed, obviously it had not.

My guess is the analysts will start to move to a buy position from a hold. Remember, buy low, sell high

How low can it go? We hit that at 6.90 in April.

I view this as good news to buyers, I happen to be one of them.

B.C.
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