Scott,
Sadly, Skye sold his Corel shares. That was a classic panic example and unfortunately many investors today did the same thing.
We need a new Corel shareholder leader in this forum and I think you are the right person to take the Skye's role before. No more "$100 in 1998", just plain value, bottom line, and help Corel to focus on, or develop (if not exist), the right product strategy.
Personally, I just do not believe MSFT is the only boy in town. If Adobe and others can survive, why not Corel?
I am a Corel shareholder since my days working in Ottawa (for NorTel). I own Corel shares in my diversified portfolio and have a keen interest in investing world (see my site: isir.com.
Being a product line manager for a few years in a high tech company, I believe that Corel should do well if they look there $ numbers more seriously with good long term and short term strategies. Every quater is important to investors. Most Corel strategies seem heading towards right long term directions. However, short term cost control disciplines are simply not there!
After all, Cost reduction -> PROFIT -> Buy back stocks -> Build up confidence. A wise man should always learn the lessons. For that, I have to trust Copeland. He did many right things in leading Corel, just need a little fine tuning on finance side.
Charlie |