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Technology Stocks : Corel Corp.
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To: Pete who wrote (4040)12/22/1997 10:07:00 AM
From: Ulrich Santo  Read Replies (2) of 9798
 
Corels rising Cash level can only be explained with
stuffing the channel with Draw and Office Products,
collecting the cash, but not accounting it as sale.

Therefore Corel might face a liquidy/cash problem in future quarters,
when they reduce the shipments into the distribution channels and
stop borrowing money from their distributors.

Ulrich
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