Corel - Investors with no Humor Message Board

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Technology Stocks : Corel - Investors with no Humor

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To: revbill who wrote (133)	9/28/1997 6:46:00 PM
From: Mr. Bean	of 1094

Greg (revbill): It's kinda funny hearing someone else refer to Corel as long term. You're right that so many investors are only concerned what the next Qtr will bring. They regard any large decrease in stock value as the "end". They call it a "Dog". That's cool for the short term investor. I see their point. I have many stocks in my portfolio. Some are within my RRSP. These stocks were bought with the 5 to 10 year focus. Corel is one of them. I have also bought Corel for good Intraday profits. Usually after "Bad news", I move in while the "Panic Investors" Flee. This has done well for me. Cognos is a perfect example of what I will buy. After Newbridge fell last summer on speculation , I picked it up and flipped it one day later for an easy profit. Should have held for the long term. Nothing is perfect. Even Gandalf made me a few bucks in the last dying days. The only loss I have in the stock market was keeping a token 100 shares in Bre-ex at $2.00 per share. This was done to retain a stock certificate which I proudly display in a picture frame. I have only a small number of shares in Corel as of today. Never lost a penny. I know that being patient with Corel will bring me a return far greater than any GIC on the remaining shares. Some Investors (like David) have valid opinions that might work for them. They feel that taking a hit today, taking the money and investing it elsewhere is a good idea. Good for him. Not for Mr. Bean. Corel is not a Bre-ex (fraud) or a Gandalf (Dog to the very end), It is a professional software company with great products and a learning curve that overnight investors won't put up with. My advise hang tight. IBM doubled within time after a major drop. Chrysler (need not explain). Remember JMHO! Mr. Bean

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