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Technology Stocks : Corel Corp.

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To: Picanoc who wrote (4314)1/15/1998 2:44:00 PM
From: Vanni Resta  Read Replies (2) of 9798
 
Ian Carter wrote: "There are indications that revenues are picking up - and that some expenses are going to be cut in Feb."

Yes, they are going to eliminate all marketing, and production and development, and just have a shell company left that does absolutely nothing except throw a few lavish parties each year so that the wives of Corel management can pretend to be elegant and important. Each party will reduce the cash position, which will make the stock price slip. Having no revenue, the company, and the value of its stock, will eventually just vanish. :)

Glad you did not take my reducto ad absurdum comments about Canada the wrong way. I happen to personally think it is a great place. Who wouldn't?

Happy Investing!

Vanni
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