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Technology Stocks : Corel Corp.
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To: Vanni Resta who wrote (4352)1/21/1998 3:35:00 PM
From: Alomex  Read Replies (2) of 9798
 
The resiliency that this stock has shown lately is amazing. The announcement of Cowpland that he does not intend to resign should have sent the stock back to $1.50. Couple it with his denial of impending personnel cuts and the stock would seem overvalued even at $1.00.

But something is keeping this stock above $1 3/4, on light volume. I still think Cowpland is trying to take Corel private, and that Corel or some shell corporation is buying shares at a rate of 50K a day or so...
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