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Technology Stocks : Corel Corp.
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To: Kashish King who wrote (4102)12/25/1997 11:01:00 PM
From: micromike  Read Replies (1) of 9798
 
The question raised was whether that was deliberate.

Okay I'll bite.
Do you mean the master of deception wants to buy back more shares or
does he personnally want more shares.

With his 24 mil in previous sales all he has to do is drive the stock down to about $.40 CDN so he can then buy the rest of the company to prevent the unhappy shareholders from tossing him out in 1998. Then he could make a unbelievable turn around to once again sell his share back to Joe idiot public.

This is one way it could unfold.
The master of deception is a very poor accountant. He finds out that he has some debts to pay and can't afford to buy any shares but must sell the rest of his shares at $0.40. He then gets tossed out in 1998 and tries to becomes a pro-tennis player.

He fails miserably on the pro tour in 1998 and once again running out of money he is forced to look for a job in 1999. He is unable to get a job since most possible employers have figured out he is lacking accounting skills and managerial skills due to his previous record of running Corel.

In the mean time the new CEO turns Corel around in 1998 and in 1999 the shares are at $100 bucks.

As fate would have it, a glorious opportunity arrises for the master of deception. The Zomboni driver (machine that cleans the ice in a ice arena) in the Corel Centre who is only 35 years old takes a early retirement since he has made a killing on Corel shares that he purchased in 1988 at $0.40 and sold them at $100 in 1999. The master of deception gets his job and appears to be able to manage it and all the shareholder who were long live happly ever after.

Mike
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