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Technology Stocks : Corel Corp.

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To: revbill who wrote (4346)1/21/1998 2:24:00 PM
From: Vanni Resta  Read Replies (1) of 9798
 
revbill: It doesn't really change the amount of the write off, or the profit/loss for the year, as I believe Kurt Petersen was saying. It just redistributes losses throughout the year into different quarters.

Might some people be fooled by this because of the upcoming quarterly comparison? Maybe. But not enough to move the stock price. Barnum was right when he said that a sucker is born every minute, so there are surely enough of them out there. Some of them probably even use Tarot cards to chose stocks. It is just that, being suckers, they don't have enough money to move stock prices.

Yippity Yappity!

Vanni
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