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Technology Stocks : Corel Corp.

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To: Mr. Bean who wrote (4184)1/1/1998 8:04:00 PM
From: Kashish King  Read Replies (1) of 9798
 
I think what the market is saying is that sales out do not equal sales in and you can't dump two quarters together and get away with it. The market also knows that the name of the game is profits and loosing 130 million is going to require about 1000 million in sales to break even given a 10% margin, or a mere half billion with a 20% margin. That's why the stock is where it is. I really don't think that it takes any particular insight to see that Cowpland is not a competent executive and he makes that crystal clear ever time he opens his mouth to veer off in another direction.
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