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Technology Stocks : Corel Corp.

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To: Vanni Resta who wrote (3720)	11/26/1997 1:52:00 PM
From: Maher Sid-Ahmed	Read Replies (1) of 9798

Most of us who had invested in this company did so because of the quality of their products. I prefer WP to Word or WordPro. I have used Corel Draw and it is an excellent product. However, this is a very poorly managed company. The share price has no level of support and could continue to fall to close to $1. Compare this company with Mitel. When it was managed by the same incompetent fool it tumbled to as low as $(15/16). Sales don't mean anything unless associated with profit and growth. Service Merchandise (SME) has sales of over $3.5 billion and share price is now $3.25 and Cineplex with sales $549 million is now $1, because of continuous loss from operations, although they own over 600 theatres. I have sold my shares sometimes back and I will not be looking for an entry price until I see change in management.

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