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Technology Stocks : Corel Corp.
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To: Pete who wrote (2496)9/25/1997 9:42:00 AM
From: Mr. Bean   of 9798
 
Wait till 10 to 10:30 if it hits low and appears a slight "INTRADAY" move up then its looks like a time to buy in. This is only for the "INTRADAY FLIPPERS LIKE ME". Where is the documented proof of Cowpland saying that they could stand to lose a further 20 million.

If the markets discounts this 20 million loss in the 4th quarter and the low is reached based on "Panic selling", Its seems a buying opportunity. With cost cutting measures to come and a Focus on Corporate Sales, I feel the worst is behind us as of today. Then Corel has certainly poised themselves for a potential massive turnaround. A Turnaround in the stock price somewhere in the First Qtr 1998.

Any thoughts (we know what Vanni thinks)

Mr. Bean
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