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Technology Stocks : Corel Corp.
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To: Alomex who wrote (3969)12/22/1997 5:00:00 PM
From: Bill G.  Read Replies (1) of 9798
 
Corel doesn't have the cash to buy back stock. if they did they would. In my oppinion that is the reason they have done so poorly because when they purchased WP they used all thier cash. Novell could afford to take the losses because they had huge cash reserves. Corel didn't and don't. It will be a long haul back to the top but they can do it. Only through strict fiscal money management.
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