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Technology Stocks : Corel Corp.
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To: hdl who wrote (6637)5/18/1999 9:52:00 AM
From: Big K  Read Replies (1) of 9798
 
Revenues have always been good the quarter Corel releases new products, the problem they've had in the past is maintaining these revenues. When you look at the stock over the last year or so, it always performs strongly when Corel's management stay's out of the limelight. We have not heard any warnings yet, which is positive, however I would only be in for the short term as Corel has not shown the ability to consistently post strong results.

I think analyst are expecting revenues around the 80 million mark...based on the history and everything I've heard to date I'm confident they will report at least this amount. The problem, as I mentioned yesterday, how have they managed there expenses?

I am predicting the stock will hit $6.50, but I am confident they will report 80+ million in revenues.

Easy money!!
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