Corel Corp. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Corel Corp.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mr. Bean who wrote (4783)	2/18/1998 6:02:00 PM
From: Vanni Resta	Read Replies (1) of 9798

ANNOUNCEMENTS HAVE ARRIVED!!! FORTUNE 1,000,000 STYLE!!! "A change in the way Corel Corp. reports sales will mean its revenue this quarter could be as much as 25% lower than expected, the struggling software company said yesterday....Corel wants to decrease the amount of products to its distributors so their inventories will be smaller, said chief financial officer Michael O'Reilly. This moves the company closer to a just-in-time sales inventory model (or as close as a software company can comfortably get), he said. Although he doesn't know for sure, indications are that inventory is down significantly, which will have a short-term impact on revenue." Jokes aside, didn't they already do this? And if so, why do they have to do it again? Happy Investing! Vanni

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next