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Gold/Mining/Energy : Position Trading in Canada
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To: Ward Nicholson who wrote (555)1/22/1999 10:41:00 AM
From: Wizzer  Read Replies (1) of 2259
 
I'm not sure if Corel has any fundamental strength left due to recent developments. I looked at the numbers and although the bottom line improved, our feeling about where the profit would come from was very accurate-reduced expenses. Sales were down for the year, but up for the quarter that Corel normally did well in.

I think the buying that caused it to go up to $7.70 was not smart money, but lemming money. What did you think of the numbers?

I say it will break down to less than $6 by next week. JMHO.

Regards, Wisam
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