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Technology Stocks : Corel - Investors with no Humor

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To: hdl who wrote (790)9/26/1998 9:46:00 PM
From: Mark Sobkowicz  Read Replies (1) of 1094
 
Corel gains 10% on improved outook

OTTAWA ­ Corel Corp. shares jumped almost 10% on Friday after the company reported the closest thing to a profit it has
seen in almost two years. ...

... "This company will be profitable next quarter at least to the tune of $6 million," said Duncan Stewart, a partner at Tera Capital
Corp. who manages the Navigator Canadian Technology Fund.
Stewart bought Corel shares Friday for the first time since he dumped his entire holdings in the stock last June."

canoe.com

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