Corel - Investors with no Humor Message Board

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Technology Stocks : Corel - Investors with no Humor

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To: A. Reader who wrote (250)	12/2/1997 6:07:00 PM
From: bcoch	Read Replies (1) of 1094

Good volume today, I guess interpret as you will. I was reading an article in last weekend's Financial Post about high tech companies positioning themselves against uncertainties in the financing market & how banks as a rule will not finance their operations (nothing tangiable). A number of CFO's were interviewed among them Corel's CFO who said that Corel has a cash burn rate between $2 & & $7 million per month. Also said that they would be returning to a positive cash flow for fiscal 98. Just a little something for the number crunchers out there.

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