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Technology Stocks : Corel Corp.

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To: bdog who wrote (5116)4/20/1998 10:18:00 PM
From: Alomex  Read Replies (3) of 9798
 
On the other hand, notwithstanding past errors, is there possibly method to his madness?

Nope.

Why would he hesitate to cut employees if that was the solution? Surely he didn't get where he is by being a wimp?

I honestly believe the man is mentally ill. He is pathologically optimistic about the outlook of his company. I can remember statements about the rosy future of Corel dating back to the summer of 1995, which caused a short term spike up, only to fall back when actual figures were released.

He has repeated those optimistic projections in one form or another for the last ten quarters, while revenues, earnings and the stock price go down unabatedly.

Do you think Rhapsody has the potential to give serious challenge to Windows?

The odds are against it. The window of opportunity (no pun intended) is closing rapidly. Perhaps if Rhapsody had seen the light of day substantially in advance of NT 5.0 it might have had a chance, but not any more. I could say more, but we are getting off topic here...
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