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Technology Stocks : Corel - What is the deal with this company?

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To: Jo_Bidou who wrote (321)9/5/1996 10:39:00 PM
From: Wildcat   of 347
 
No, I have not been able to buy any calls. I filled out the option forms and my broker said it would take about 3 weeks for his compliance dept. to OK them. He is very sceptical about options and I am concerned he is delaying the approval. Well, I still have 3400 shares and have seen a nice paper profit in the last while.
I have noticed that this stock does better on rumour than actual news. If it keeps up this pace I might sell before the official results come out and buy back in before the next quarter. I think Dr. Mike is on the the right track and (to the disapproval of analysts) his advertising expense is quite high. He seems to cut it right to the wire and knows exactly how much he can spend. He's either winging it or he is really good.

Eric
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