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Technology Stocks : Corel - What is the deal with this company?

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To: Wildcat who wrote (251)8/19/1996 12:08:00 AM
From: White Shoes   of 347
 
I think this week it could really take off, starting Monday. I actually believe a few of the people who have been posting on SI are excited and made a few discoveries over the last three or four days. I believe they will buy Monday. I also think it will run up until news release Thursday. It may then go up again. It may then drift sideways or plunge as the excitement from the news dies off. I see a short term (this month) target of $10-12. It's a long term play but people also like to make money. The primary reason to give it a spin now is as people say... it's tightly held (which also may explain its quick drops last week). I really like the whole concept actually...I'd like to own some long term but if it runs up too fast it would probably be stupid not to sell at 12...for those of you who are confused (sorry) I'm talking about Data Race (RACE)...check out that thread...
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