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Technology Stocks : Corel - Investors with no Humor

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To: A. Reader who wrote (240)11/28/1997 8:29:00 AM
From: bcoch   of 1094
 
Obviously the reason for the re recoginition of earnings for Q3. What did the article say? It takes a year for this to filter through. Ugh!

ottawacitizen.com

Also here is a reply to a few questions I sent to John Hladkowicz

Subject:
Re: Reply
Date:
Thu, 27 Nov 1997 17:34:50 -0500
From:
"John Hladkowicz" <johnh@COREL.CA>


Regarding the $2 million plus contract, most States do not want a press release issued when a contract is signed, therefore we must oblige. We are in ongoing discussions not only with Dell but with most other PC manufacturers as well. In November we purchased almost 800,000 Corel shares as part of our stock buyback. And lastly, I am unable to comment on any insider trades, if in fact there were any, as these are reported by the insiders to the various securities commissions at the end of every month. I do not, however anticipate an announcement of that nature (ie. insiders selling large quantities of stock).

Regards,

John Hladkowicz
Director, Investor Relations
Corel Corporation
1600 Carling Avenue
Ottawa, Ontario
K1Z 8R7
p: 613-728-0826, ext. 1194
f: 613-761-9350
e: johnh@corel.com
www.corel.com
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