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Technology Stocks : Corel Corp.

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To: Alomex who wrote (5145)4/25/1998 4:17:00 PM
From: JC  Read Replies (2) of 9798
 
Alomex, you hyped Corel when it was far higher than it is today. You call it a dog when it is low and you sell it.

You called Apple a dog when it was low. You are growing more bullish on Apple with every 1/8th point rise.

You don't see this as a money-losing strategy? Besides, if you made these triple figure ROIs that you claim you could make following your own advice, you should easily be a multi-millionaire by now.

I'm starting to get a little nervous now that you are becoming progressively more bullish on Apple, as I have a significant long position in Apple. Just out of curiousity, have you ever even held a position in Apple, long or short?

You once arrogantly bet Soup that Corel would double (at $6) before Apple (at $13) would. Not only that, but you said it in a public forum where thousands of people could potentially read about it. You were wrong. Dead wrong. Don't you feel like a jackass now? At the very least, isn't it about time that you ate some humble pie and shut up?

You have proved to us all that you are a very good historian, but you are a terrible fortune teller. Whether or not Apple was higher in the past is irrelevant. The fact remains that I have a 70% gain today, that is completely real and not hypothetical as your models are. It is also true that Corel has fallen a lot in the past, but history doesn't follow linear trends. Things change. The fact remains that in 1998 Corel's movement has only been upwards. If Corel stock rises another $2, I will be sitting on a handsome profit. Harping on the events of two years ago has little relevance to today's stock movement.

Stick to history books.
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