Corel - Investors with no Humor Message Board

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Technology Stocks : Corel - Investors with no Humor

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To: micromike who wrote (90)	9/24/1997 11:08:00 PM
From: micromike	of 1094

Corel share price are going to be down big time tomorrow IMHO. It's going to get real ugly tomorrow. I hope I'm wrong. Corel: Bad news in spades www5.zdnet.com However, some analysts were taken aback by the fourth quarter earnings warning and wondered how long it would take Corel to return to profitability. "That Q4 number was a surprise," said Howard Lis, an analyst with Griffiths, McBurney and Partners in Toronto. "We had been looking at $100 million in revenue. Now they're talking about $70 million to $75 million. It's going to be a real stretch for them to break even next year." --- This is how I based MHO. Mike

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