Corel - Investors with no Humor Message Board

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Technology Stocks : Corel - Investors with no Humor

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To: David A. Lethe who wrote (94)	9/25/1997 12:20:00 PM
From: Irv Paton	of 1094

I guess I was a day early and now I'm a dollar short. Well you were right about where the stock was going. I can just about kiss my options good bye. One thing I read from the experts was never try to predict a turn-a-round. That's what I was trying to do, and as I often find, the experts' advice is pretty good. The Q4 suprised the analysts too, but that's no saving grace. I think your position is smart, to not go into the ocean when there's a rip tide. I just started "playing" the market this year. The success I have had so far has been with companies that are going great guns. This is the second time I've lost by betting on a turn-a-round at corel. They may do it, but I am becoming more humble on my ability to predict it. The good news is that you only learn what you pay for, and I feel like I am learning. In that case corell should be a university, not a for profit business? regards.

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