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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Bald Eagle who wrote (75778)12/1/1999 8:59:00 AM
From: kathyh  Respond to of 90042
 
asfd could be a good trade today but i would watch it at this point to see if all the run up is premarket... if you decide to buy i would wait for a dip... jmo...

kahty :)



To: Bald Eagle who wrote (75778)12/1/1999 9:00:00 AM
From: woody  Read Replies (1) | Respond to of 90042
 
Copied from CORL thread...fyi

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



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