Corel Corp. Message Board

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Technology Stocks : Corel Corp.

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To: A. Reader who wrote (6651)	5/19/1999 9:05:00 AM
From: Big K	Read Replies (1) of 9798

I don't think the selling of Corel shares by Novell is any indication of the upcoming release of Corel's Q2 financial figures. Novell has been dumping shares for over two years as there situation has been dismal at best. I think it was about two years ago when they were forced to lay off 20% of there staff!! With regards to Corel's Q2 financial situation. I'm still very confident Corel will report better then expected revenues. I did some projections based on the 1997 & 1998 Q2 figures. As long as they can keep there expenses at a relatively consistent level I'm predicting a profit of approximately 0.13 to 0.15 per share. Let's hope my predictions come true!! Currently there our 60,411,209 shares outstanding on the TSE. Big K

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