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Technology Stocks : Corel Corp.

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To: Flip who wrote (6229)2/10/1999 10:53:00 PM
From: micromike  Read Replies (1) of 9798
 
This stock has been active this week because of take-over rumors.

The stock has been very active for the past few weeks.
I new something was up with all the volume but no price increase. Somebody sure has accumulated lots of shares.

I think Adobe would be a good fit for Corel. Now the question is how much are they going to pay and who has bought all those Corel shares.
My guess is that Corel won't go for more than $10Cdn.
I'm wonder if Adobe has a deal with a few brokerage houses to scoop up the shares so they can say they haven't bought any.

This would be sweet revenge for all the old Shareholders who got sucked in by Cowpie if Adobe bought out Corel and fired him :-) :-).
Maybe a Corel employee could use the Corel video network to record the big event when they kick him out the door.

JMHO
Mike
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