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

To: Kip518 who wrote (7688)	11/2/1999 9:32:00 AM
From: Astro59	Respond to of 9798

Some COREL news not widely reported yesterday. "CorelVIDEO(tm) Division Acquired by simply.com Inc. OTTAWA, ONTARIO--(Canadian Corp News, November 1, 1999)--Corel Corporation (NASDAQ: CORL, TSE: COR) today announced that it has signed a deal to transfer substantially all of its assets related to the CorelVIDEO(tm) product line to simply.com Inc. Terms oThe sale of CorelVIDEO completes the business plan that Corel put into place in 1998 to concentrate on its core technologies, WordPerfect(r) and CorelDRAW(r). In December, 1998, Corel signed a deal to sell its jBridge(tm) software to GraphOn Corporation.And in January, 1999, Corel announced that it had sold its Corel Computer NetWinder(tm) division to Hardware Canada Computing (now Rebel.com).simply.com Inc. is a privately-held company with offices in Mississauga, Ontario and Tempe, Arizona. Manufacturing is based in Montreal, Quebec. The company's Web site is WeAreSimply.com. * * * * *"