Corel - Investors with no Humor Message Board

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Technology Stocks : Corel - Investors with no Humor

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To: A. Reader who wrote (893)	1/4/1999 7:51:00 AM
From: A. Reader	of 1094

Ottawa-area companies orchestrated 25 deals that totalled $8.6 billion U.S. in value .....Ottawa-based Corel Corp. is, if anything, playing things even more carefully. The graphics software company paid an even stiffer price for its 1996 acquisition of Utah-based WordPerfect, racking up heavy losses in 1997 and 1998. For much of this year, Corel has gone on a crash diet, conserving cash and getting its operating procedures in order. Only now does it look like it's ready to start reaping the benefits of the WordPerfect purchase. Along the way, Corel has offered a vivid reminder to this year's corporate acquirers of the potential dangers in this sort of growth.... ottawacitizen.com

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