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Technology Stocks : Corel Corp.

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To: Leo Mitkievicz who wrote (2482)9/25/1997 2:17:00 AM
From: Scott Volmar   of 9798
 
Leo, The reduction in revenue across the board from the conference call was stunning. All categories were significantly reduced. Either the market is caving in faster than expected, or the overstatement of sales was even worse than expected.

The Q4 projection of some $75 M is also breathtaking. Q4, is usually the best for Corel. Hope MANAGEMENT GETS THE MESSAGE! They need some effective cockroach pesticide to clean up the kitchen!

Up, Up, & Away!

Scott
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