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Technology Stocks : Corel - Investors with no Humor

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To: Mark Sobkowicz who wrote (514)3/31/1998 5:25:00 PM
From: Mark Sobkowicz  Read Replies (1) of 1094
 
Corel launches family of software tools for Java
" Whether this strategy proves more lucrative than the last one remains to be seen. Even Corel admits there's not much chance of revenue from the new products this year.
Don Sylvester, senior sales vice-president, predicts they will offer a "hyper-growth revenue opportunity" for the company.
That's not an unrealistic prediction, analysts say. One of the strongest themes in the software industry is the desire to take
software applications off the computer and put them on
the server, making them cheaper and easier to control
and change. Java, designed to run on any type of
operating system, is the most logical way to achieve
that."

canoe.com
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