Corel - What is the deal with this company? Message Board

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

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To: Wildcat who wrote (333)	9/7/1996 11:37:00 AM
From: White Shoes	of 347

OK, babies, let's fly on the new thread. Good hype Skye, $100, that oughta perk up a few people. :) Now if I owned 3400 shares, at $100 each, <tap tap tap> YES!!!! :) I am in a similar "waiting game" with my discount broker. In my case I am waiting for margin to be approved, merely a formality but a time consuming one. I hope it stays at $14 Cdn for a few more days so I can double my position. The chartists must be going crazy over this one. Has anyone been noticing how relentless the buying seems to be? No weakness is evident at all in the stock--heavy volumes on the bid side at all times, and far less selling than one might expect. Should be a great breakout after $17 too. To respond to Eric's blurb about layoffs, I don't know how much that affected the market as it was mixed in with 6 or 7 other pieces of news...but it probably satisfied a number of investors that the WP acquisition has been finalized with good results for the bottom line. BTW the number of layoffs in the story I read was "60 to 70". Anyway, see you on the other thread...we were right!

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