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Technology Stocks : Corel - Investors with no Humor

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To: Leo Mitkievicz who wrote (489)3/17/1998 2:23:00 PM
From: Leo Mitkievicz   of 1094
 
Interesting reaction to the Upgrade price cuts
From Computer Reseller News.

techweb.com

>>Ottawa -- Troubled software vendor Corel Corp. will
drop prices for upgrade versions of its WordPerfect productivity suite
beginning this month. The move is causing some concern among corporate
resellers, which fear shrinking profit margins.<<

----

>>The company's new strategy might bode well for its retail business, but it
probably will not impress the company's significant base of government or
legal customers, said Paul Jarvie, vice president of marketing for ASAP
Software Express, Buffalo Grove, Ill. The government and legal areas are
among Corel's strongest vertical markets.<<
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