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Technology Stocks : Corel - Investors with no Humor
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To: A. Reader who wrote (686)6/17/1998 4:22:00 PM
From: A. Reader  Read Replies (1) of 1094
 
...Despite the questionable quality of the material and the enormous room for abuse, online stock-message boards set up to allow investors to discuss publicly traded companies are growing in popularity - and are increasingly controversial.

...Companies like Ottawa software-maker Corel Corp. have been hammered online by investors angry about financial results and about stock-trading by Michael Cowpland, who sold $20.5 million worth of Corel shares last year, before unexpectedly bad results were announced.

As Philip, YBM Magnex, the TSE and Corel have proved, the flood of information on these sites is impossible to regulate or to monitor. Investors, analysts, securities regulars, company public-relations officers - and, of course, scam artists - are posting thousands of messages on dozens of discussion areas.
montrealgazette.com
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