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Technology Stocks : Corel Corp.

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To: Frank Ferrari who wrote (6647)5/18/1999 1:48:00 PM
From: Big K  Read Replies (1) of 9798
 
I was just posting the financial statements to support my comments.

I agree that the first month or two of the quarter were probably tough but the key success factor for Corel is there retail channel. The good thing about retail is that when they buy, they buy a lot, so it wouldn't surprise me to see a good portion of the retail business done in the last three weeks of the quarter. All indications show that the rest of the company is on pace with there projections, which is an indication to me that strong revenues will be posted!! When retail sells well Corel does well!! When retail numbers are low, it doesn't matter how the rest of the company is doing, they always seem to post a loss. I think for once all aspects of the company will come in with strong results which should be a postive thing when looking at the revenues and the stock price. My concern, and the concern of most analysts is that Corel needs to do this on a consistent basis, something they have not done since the purchase of WordPerfect!!

Don't be to long, I don't see the stock getting much higher then $6.50!!
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