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Technology Stocks : Corel Corp.
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To: Frank Ferrari who wrote (6641)5/18/1999 11:25:00 AM
From: Big K  Read Replies (1) of 9798
 
I think your numbers are fairly accurate however your missing one of the key elements to there recent success....Corporate & Government sales. The licensing of Corel products has generated approximately 10 - 15 million per quarter and has been growing consistently year to year. Based on there Q2 numbers last year I suspect Q2 this year will produce 13 - 14 million in revenues.

Based on your figures and my assumption your looking at revenues around 80+ million.

The stock has already started to move!! It is up 0.60 from yesterday's low. My prediction of $6.50 may not be to far down the road!!

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