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Technology Stocks : Corel - Investors with no Humor

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To: Mr. Bean who wrote (138)9/29/1997 8:56:00 PM
From: micromike   of 1094
 
Still lurking around and still mad at Cowpland. Vanni bailed out -unbelievable- because he predicted this downturn when the stock was in the 8's and never bailed out then. Volume is slowing dropping off, now will be the real test if Corel can hold its price when the buyers dry up.

Also I can't believe it! A positive comment on Corel. I just had to post it for all the longs out there. The focus group should like it too.

Corel sells CAD unit, loses Java evangelist
infoworld.com
"I think what we're seeing is the next step in the company's attempt to reinvent itself," said Jeffrey Tarter, an analyst and editor of Softletter, a Watertown, Mass.-based newsletter that covers industry trends.

"I think they're actually one of the strongest players out there," Tarter said. "I think one of the reasons that they're as strong as they are is that they understand that the market is driven less by sexy technology and more by brilliant marketing offers. The customers have changed. They are, in classic terms, late adopters. They don't like technology. They like lots of stuff in the box."
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Mike
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