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Technology Stocks : Corel Corp.
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To: Scott Volmar who wrote (2056)9/11/1997 4:46:00 PM
From: Leo Mitkievicz   of 9798
 
Scott

I still don't think the accounting surprise was voluntary on Cowpland's part. That Suite 8 release on the last day of Q3 indicates that the game was to continue for at least another quarter. (Nothing was said that this was not to be counted in the 96mm, though I am with you, it will go in Q4.)

I haven't examined the documents closely, but it seems to me that there are some discrepancies between the company release and the newspaper report. Indicates the whole thing was a rush job. Interesting that there has been no clarification in light of the drop in stock price.

Same with the cockroaches applies to rattlesnakes, copperheads, and fieldmice in the kitchen.

Regards

Leo
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