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Technology Stocks : Corel Corp.

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To: bcoch who wrote (4066)	12/23/1997 11:56:00 AM
From: Mr. Bean	Read Replies (1) of 9798

bcoch, from your article which "optics" is the best article on the "public perception = stock value" issue. "The company did, before write downs, write-offs and discontinuances, record $102 million US in "point-of-sale" revenue, products and services out of distribution channels into the retail level or corporate customers or to partners and end customers. It was the best quarter for sales and basically all new products and services." The last sentence says it all for me. Look past the "optics". Corel is not a dying company with 102 million in sales, a decreasing and better controlled expense side and 30 million in the bank. It appears Corel is worth more today at $2.20 Cdn than it was at $15.00 Cdn. It might be the right time to average down. Mr. Bean

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