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Technology Stocks : Corel Corp.
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To: Mr. Bean who wrote (4048)12/22/1997 3:29:00 PM
From: Gnarly  Read Replies (2) of 9798
 
I may buy back in....but I'm out until the 15th for tax purposes. Corel is operationally profitable. I has agreements with distributors to "rotate stock" (i.e rotate it back to Ottawa) so this is part of a clearing of old inventory. The only card in this that REALLY concerns me is the resignation of their CFO....he OBVIOUSLY was in the know...and I doubt he would quit when his stock options were about to become valuble.

Gnarly
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