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Technology Stocks : Corel Corp.

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To: opalapril who wrote (3330)10/29/1997 1:22:00 PM
From: Scott Volmar  Read Replies (1) of 9798
 
Opalapril, The only announcement that will cause a bounce in COS/COSFF is EARNINGS! Each new twist Management adds to its arsenal of widely diffused projects only adds more doubt to the company's viability. Until the "SUITE" begins selling in large numbers, the prospect for sustained profitability is just not there.

Corel can greatly improve the Suite, its image, and mass appeal if Management will make the choice to do so. Unfortunately, like Office for Java, the NC will not likely be a panacea for Corel's woes. Unless the Suite becomes the vehicle for cash, Corel will have to turn to layoffs and scale down considerably to survive, irrespective of appeasing investors.

As to your "trial balloon" of the name "Connexus" for the Remagen product, it sounds pretty good. At least you don't need to know Latin to understand that the software is intended to be a "bridge" connecting two things together. I think "Resero" could have simply been named "Corel Reveal" to give the software clearer identity.

Which way is Up?

Scott
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