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Technology Stocks : Corel - Investors with no Humor
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To: A. Reader who wrote (968)3/20/1999 7:56:00 AM
From: A. Reader   of 1094
 
Shootout looms at not-so-OK Corel
A year ago, shareholders wanted CEO Michael Cowpland's head. Fortunes haven't improved, but is it Mr. Cowpland's fault? Christopher Guly reports.
...Corel is blaming its poor financial performance on a drop in demand for its WordPerfect word-processing software and the CorelDraw graphics program, both of which haven't had new versions in 24 months and 18 months respectively. However, Corel plans to begin shipping WordPerfect Office Suite 2000 and CorelDraw 9 Graphics Suite next month to be in stores by May.
ottawacitizen.com
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