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Technology Stocks : Corel Corp.

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To: Joe Antol who wrote (3800)12/11/1997 2:23:00 PM
From: vinod Khurana  Read Replies (2) of 9798
 
Joe, I am getting ready to buy this junk for a quick buck.
Corel bought back over $5 million CDN worth of its stock recently (you may so what...NOVL bought theirs at $12 1/2 - $15 and loookie what happened to them).

Well, for a quick buck, I would invest at least $2,000. I see the stock about to spike at least $1 going into the new year. How low can a stock go after a bad earnings report. There has got to be a rebound before this no good stock falls below $2 CDN which in Canada is no big deal. Look at Air Canada...went as los as $1.20 - $1.40 before rebounding to $15.
In Canada, we are use to seeing stocks go to $1 and when they rebound 1/8 on the day, they make BIG headlines. I mean really BIG headlines.

V.K
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