Mary,
Well, they have some great products, WordPerfect and the office suites etc., that they have been unable to sell. Bad sign. They brought in someone from Dell, a highly successful company, to try to fix the problem. Good sign. They have badly managed public relations and management of the analysts, witness the Java confusion and 1000% plus downward revisions two months ago. Bad sign.
All you have now is Cowpland's promise that a series of announcements in the next few months will surprise everyone and should lift the stock price. Does anyone trust Cowpland at this point?
Everyday, the stock keeps getting closer and closer to:
$3 by Halloween!
In essence it is already there, at $3 and change, as I predicted.
Meanwhile, there are tons of excellent companies with great prospects everywhere you look.
So why would anybody want to invest in Corel, or keep money there if they already have shares?
Beats me.
Vanni |
