Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: A. Reader who wrote (7869)	11/30/1999 7:35:00 AM
From: eyewatch	Respond to of 9798

I noticed yesterday before the market open that Yahoo was quoting Corel's bid higher then the ask price, anyone explain. ( I wonder is Corel thinking about suing Microsoft) Thanking you in advance JOhn

To: A. Reader who wrote (7869)	12/1/1999 7:48:00 AM
From: A. Reader	Respond to of 9798

New lesson in Linux Corel counters Red Hat ...Immediately after a demonstration to staff of Corel's new Linux desktop system, chief executive Michael Cowpland said Corel is the Linux move investors should watch. "We have the world's biggest Linux story, and I think people are beginning to recognize that," he said. Cowpland said Corel's Linux downloads hit 20,000 in the last week compared to only 4,000 for Red Hat. Yet, after Monday's spectacular market action, Corel's market capitalization was $1.1 billion compared to $14 billion for Red Hat. "Even though we've got some of the Linux sizzle, Red Hat is way ahead of us, even though we have five times more popular downloads. So there's definitely a big story there for Wall Street," Cowpland said. But Jean W. Orr, an analyst with BlueStone Capital Partners, said Corel, which is profitable, will never hit a share price comparable to Red Hat, which is not profitable. "In terms of valuation, Red Hat is unfathomable. Some people are overvaluing stocks," she said. "People can fantasize about the potential of something new and unproven. But Corel is a real company with real earnings. Corel's doubling in stock price is still a better value than Red Hat by a significant amount." canoe.com

To: A. Reader who wrote (7869)	12/1/1999 7:55:00 AM
From: A. Reader	Read Replies (4) \| Respond to of 9798

Corel on the acquisition trail Stock surge adds $600-million to market value in a month; purchase a 'definite possibility,' CEO says Ottawa -- Armed with a surging stock price, software maker Corel Corp. is shopping for acquisitions, its top executive said yesterday. Michael Cowpland, Corel's president and chief executive officer, said an acquisition -- either a technology or a company -- is a "definite possibility" in the near future now that its market capitalization has taken a dramatic turn for the better.... globetechnology.com