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Technology Stocks : Corel Corp.

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To: Mr. Bean who wrote (2001)9/11/1997 12:25:00 PM
From: Alomex   of 9798
 
Yeap, this stock is starting to lock like Apple. We even have the die hards who recast every single disaster in a positive light.

-If the stock goes down, it's good, because it makes a take over more likely.

-If they have a write down, it's good, because they are starting from a clean slate.

-Then they routinely point to some major gaffes by Microsoft to show why the stock is bound to go up.

-There's is also a long list of reasons why this product is technologically superior and ought to dominate.

-They also give undue importance to market niches.

-Everybody agrees that the ads and their communication strategy in general stink, but somehow discount that as irrelevant.

-There's never much disagreement that management is below par, but this is also considered irrelevant.

All in all, the same sort of deep analysis that followed Apple from a high of $60 to a low of $12.

To top it off, Bean Counter predicts: "next quarter [which btw is always the strongest] will show profits". Hey, I think Cowpland is an idiot, but if he can't pull that one after two massive write offs, he would be the first person in history to achieve negative IQ.

Btw, I'm out with marginal profits, while you've lost over 20% in the last two days. I wonder who is the one on the way to the slaughter house...
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