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Technology Stocks : Corel - Investors with no Humor

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To: A. Reader who wrote (457)	2/28/1998 2:07:00 PM
From: A. Reader	Read Replies (1) of 1094

Illustration heating up Macromedia, Corel challenge Illustrator's market dominance ...More competitive pressure is promised from Version 8 of CorelDraw. Corel Vice President of Marketing Kim Dixon said that with the upgrade of the $695 suite, "We're moving into the area of tools for the graphic design professional." Dixon said CorelDraw 6.x currently commands only minimal market share among Mac users, but the June revision will offer feature parity with the company's Windows suite and give CorelDraw a compatibility edge over competing stand-alone products. John Geleynse, Corel product manager for alternative platforms, said CorelDraw 6.0 marked the product's entry on the Mac and wasn't targeted at any one graphics segment, "but with 8 we're really targeting the high end -- professional designers and graphic artists." He said the revision will offer features to support both print and Web professionals. The suite, which Ottawa-based Corel will preview next month at Seybold Seminars New York 98, will include the PhotoPaint image-editing tool. www8.zdnet.com

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