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Technology Stocks : Corel Corp.

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To: A. Reader who wrote (6381)	3/24/1999 6:38:00 PM
From: Scott Volmar	Read Replies (1) of 9798

"Ugly," ain't the word Kurt. One more quarter like this and equity will nearly be gone. Management had better cut back on personnel now and not bank on Q2 sales. Mr. O'Reilly's "restructuring" comment is disturbing. If WP 9 follows the WP8 pattern, new sales in Q3 will be marginal. If the alarm bells aren't going off in the executive suite, imagine where the stock will be after another quarter of this kind of continued revenue/expense mismatch. Maybe 9/16. Add another Q3 disappointment and this thing is headed for Chapter 11. Maybe then the Board will "get it." Cheers? Scott

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