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Technology Stocks : Corel Corp.

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To: Mr. Bean who wrote (4089)12/24/1997 11:34:00 AM
From: Kashish King  Read Replies (1) of 9798
 
Corel went out of their way, it seemed, to announce that there were no plans for layoffs and no mention was made of any serious cost cutting measures. What do they hope to achieve by deliberately sabotaging their own stock with such non-action in the face of such a large loss? It's almost as if they wanted it to be ugly, and Santa didn't let them down on that wish.
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