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Technology Stocks : Corel Corp.

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To: Joe Antol who wrote (4269)1/13/1998 11:53:00 AM
From: Leo Mitkievicz  Read Replies (1) of 9798
 
Joe

It doesn't matter! >>"numbers" must be reaaaalllllllly bad ..<< except for short term market reaction. As long as O'Reilly gets all the old skeletons out of all the closets, basements, attics... dungeons. Just so he heaps em all in a nice lumpy pile and shrouds the mess in a fog of write-offs.

Worst thing could happen would be to beat estimates. (OUCH) Cause that might mean he's not up to the job of cleaning up the books. Best would be to find a few million more to dump into the pile.

Lots of things here might push down to 1 1/2 or so. I won't be expecting much less than that without some serious panic selling. Not sure I'd want to buy at $1.00

Leo
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