Corel - Investors with no Humor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Corel - Investors with no Humor

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: David A. Lethe who wrote (131)	9/28/1997 6:17:00 PM
From: revbill	of 1094

hello again david out of respect for the other users of this thread i think we should keep our comments focused on corel. excerpts of our earlier posts with additional comments follow: 3. CEO resigns?? Stock goes up 75%?!! i suggested if cowpland packed it in the stock might go up $2CDN which would be just under 40%. i exaggerated slightly for comedic effect but him leaving would definitely cause a move up. 4. New blood comes in and figures out how to sell the product line. *OK, I'll accept that. We agree that this is possible, even probable. so the guy from dell appears to be the best chance at turning things around. someone else has said that corel has hired 30 new salespeople. if they target a market niche, do an excellent job of selling and servicing it, they may be able to gain enough market share to succeed. remember that they only need a small slice of the huge suite pie to be profitable. 5. BOD purposely underestimates Q4 to surprise stockholders?!! This just isn't done, and I am sure you were kidding on it :) i made this comment as an observation on past practices. in previous quarters they have stuffed the channels and reported better results than they should have. my cynical side could see them underestimating Q4 dropping the stock price even further (which did happen) and then showing better results them expected (say $90 to $100 million). when these results are reported and the stock moves up Dr. C pats himself on the back for increasing shareholder value and then throws a big party at investor expense of course. i concluded my post by saying >i fully realize that there are at least as many negative scenarios but i'm not sure if selling now is the right thing to do. experienced investors use times like this to average down. your reply was >I disagree, again. More experienced investors DON'T HAVE to average down. They saw it coming, and got out with a 10-15% loss. you are probably right, although they pre-announced bad results but dr.c suggested at that time that good results were just ahead. when the actual results were released they dropped the other shoe. was this foreseeable? at this point i would like to invite mr. bean to respond to the average down versus sell at 10-15% loss question.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next