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


To: David E. Taylor who wrote (7028)7/16/1999 9:15:00 PM
From: David Wise  Respond to of 9798
 
David E.T., preservation of capital ensures you can play again later, even if you miss out on a gain by being cautious. I'm glad you saw the writing on the wall two years ago before it was worse. Been there...

I do tend to take higher risks when I think the reward merits the risk. But I try not to be foolish. With your history, I'd probably do the same thing. So far, CORL has been good to me, and I think they've found the direction for continued growth. I like the idea of competing with Microsoft for the low end computers, including those running on Linux. This low end market didn't exist just 2 years ago. It kind of levels the playing field - MSFT doesn't want to lower their price too fast, too far when they have the "brand name" product. That's fine. That opens up the market for Corel - especially when it can be bundled with Linux. And this happens to be the growth segment of the PC market.

Anyway, this is what I'm hanging my hat on. And as someone who owned EMC at the equivalent of $5.00 (accounting for 2 splits), and several others that I let go of way too soon, this time I hope to ride one farther up. I've been fortunate to have owned at least 3 stocks this year that at least doubled. Corel should be another.

Good luck to you!
David