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Technology Stocks : Corel Corp.

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To: Scott Volmar who wrote (2501)	9/25/1997 11:06:00 AM
From: Mr. Bean	of 9798

Try to think like Cowpland for a minute. (difficult, yes) You run a company on hype. Hype no payoff. You bite the bullet and pass the bad news on early (to avoid legal suits?) You are now in a position to do one of three things. 1)Continue Hype (No one believes you) 2)Take middle road and say that things will be better (No one still believes you) 3)Make things appear to be what they are today and what could be down the road. The comment projecting a loss of 20m in 4th Qtr is a sign that not only is Corel cleaning up the Balance sheet but further reducing the price of its stock to reflect the future "true value" of the company on Dec. 31st 1997. Any news from this point is from the bottom looking up. Lets say that all unrequired costs are cut to the bone. Let the sales happen on good old fashion selling, and not "waste of our money" A&P. The 4th Qtr could be a nice surprise. A nice surprise is far more beneficial for 1998's stock price than no surprise followed by unfulfilled promises. JMHO Mr. Bean

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