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Technology Stocks : Corel Corp.

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To: A. Reader who wrote (6009)1/15/1999 4:02:00 PM
From: 16bit  Read Replies (1) of 9798
 
Corel looks to be flirting with $5.00US again. On 1/5/99 we crossed over $5.00US and then fell back to low $4.00US and even dipped below $4.00US on Wednesday. So, will it happen again? Is this the time to take profits and buy back on a dip? Also, how will the market react to a Corel profit? It's been so long since they have had a profit it's hard to predict. I don't believe the market really trust Corel yet nor does it believe Corel has a long term potential. That also seems to be the markets feelings about AAPL. My feeling is that Corel may react the same way APPL has, a run up prior to earnings announcement with a subsequent sell off after earnings.
Byron

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