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Technology Stocks : Corel--$100 in 1998

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To: micromike who wrote (1785)	3/14/1997 11:10:00 PM
From: A. Hayer	of 2329

I really don't know too much about what Sun is up to, but here is an article from Feb/97 that tells us what Oracle is planning -- the interview is with Oracle vice-president Jeffrey Henley: ottawacitizen.com Some of the questions and answers that relate to Corel: Q. The network computer is the focal point of your fight against Microsoft chairman Bill Gates and his domination of the desktop computer software market. Michael Cowpland of course is one of your allies in this fight. Do you visit him when you're in town? Henley: I don't know who he is. Q. Mike Cowpland? Woodley: He's the president and chief executive of Corel. Henley: I have read of his name. His product isn't something that we would naturally align ourselves to. Q. What exactly is your contribution to the network computer? Henley: We have been a champion of the concept. We are providing a little operating system that's going to be embedded on a smart card. Basically, you just slip your smart card into the device, push your 'on' button and the device is instantly ready. There is no booting up as with Windows. We're also building a little suite of software that includes a word processer, a spreadsheet and a graphics package. It is less functional than the office suites made by Microsoft or Corel. Q. Isn't this similar to what Corel is doing with WordPerfect in Java? Henley: Yes, it's in Java and we will compete with Corel. Because they have a lot more experience than us, they may end up winning that market, we don't know. Q. Why get into this, then? Henley: We jumped into it before Corel did. We were concerned that to make the network computer work we had to have software available for customers. It won't trouble us even if Corel does do well. Whatever it takes to help promote the concept of a network computer is good for us. Q. Why not pull out? Henley: We have a dedicated team and they want to see it through. Time will tell. What if Corel goes broke and maybe there's no alternative? We're close to having it finished so we'll get it out and the market will decide over the course of a year whether this is something customers want.

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