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Technology Stocks : Corel Corp.

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To: frijo who wrote (5989)	1/10/1999 11:20:00 PM
From: micromike	Read Replies (1) of 9798

The market has given the company the benefit of the doubt despite the constant bombardment from the negitivos. Obviously you are a new Corel shareholder because if you happen to be a old one like me then you wouldn't have said that. I have bought Corel when it was $16 CDN and watched it soar to $24 CDN. Back then I always gave Cowpland slack when he ventured into new products considering most analysts keep saying Corel can't survive on Corel Draw alone. When the stock started dropping I still hung in because Cowpland keep saying don't worry this is just a product transition and WP is selling like hot cakes. Mean while he dumps 1/3 of his holding and what's happens a US class action suit is filed. Does anybody know how that's going? Eventually all his promises didn't turn out and as all the old investors know the stock tanked to $2 CDN but lucky for me I bailed out at $6 Cdn. Now if Cowpland could have fullfilled just one of his promises I wouldn't be a negitivo and might have not sold. All indications from the bullish stock say of a company turnaround. This is a good indicator if you can prove to me that the big boys are in and it's not just the small fries speculating. JMHO Mike

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