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Technology Stocks : Corel Corp. -- Ignore unavailable to you. Want to Upgrade?

To: Guaranteed who wrote (6793)	6/19/1999 11:25:00 PM
From: micromike	Read Replies (1) \| Respond to of 9798

Corel takes some heat for massaging expectations canoe.ca Analysts were surprised by the pre-announcement, especially those who say they were asked by the firm to revise down their earnings estimates for the second quarter in May. "There's no mention in this press release of the fact that everyone was carrying revenue estimates last month of more than $70-million for the second quarter and Corel talked us down," said one analyst, speaking on condition of anonymity. Corel denies it asked analysts to lower their earnings and revenue estimates for the period. Boy does Cowpland ever play that smoke and mirror game good. Still haven't heard on how that US class action suit is going. Does anybody know. JMHO Mike