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 (7915)	12/8/1999 3:20:00 PM
From: eyewatch	Read Replies (1) \| Respond to of 9798

We're attributing a lot of it to Linux, but I think also Corel is back -- we are beginning to be profitable and we are growing,'' said company spokeswoman Stefania Allevato. ''People are starting to take a second look at Corel. Not just because of Linux, but because we're being profitable and we hope to have a very profitable Q4.'' I like that word profitable Q4. JOhn

To: A. Reader who wrote (7915)	12/9/1999 6:02:00 AM
From: A. Reader	Respond to of 9798

Corel sustains stock surge ..."Is Corel's price realistic compared to its (price/earnings) multiple a year ago? No," Baluta asked. "Is it realistic to what its multiple might be a year from now? Perhaps. Linux is a disruptive technology that could spell opportunity. We'll just have to wait and see." canoe.com

To: A. Reader who wrote (7915)	12/9/1999 6:20:00 AM
From: A. Reader	Respond to of 9798

Linux craze lifts Corel Stock tops intraday high set 10 days ago SIMON TUCK Thursday, December 9, 1999 ...Avner Mandelman of Giraffe Capital Corp. in Toronto said Corel shares got a boost from the splash made by Andover.Net. And Corel got a mention as a Linux play on a high-profile CNBC television show. Mr. Mandelman said the success of Andover.Net and earlier Linux initial public offerings is sure to trigger even more public offerings in the sector. "Whenever it's hot, they fly into it." ...Proponents say the announcement gave the Linux players their most important entry to date into the mainstream market. Both Red Hat and Corel say they're also talking to other giant computer makers about installing their Linux products. Mr. Mandelman said the Dell deal is a significant endorsement of Linux. "Dell is an enormous distribution machine," he said. "It's very valid." Mr. Mandelman said Corel has a chance to become the major Linux player in its niche. "If Corel becomes the standard on the desktop, it's going to become a legitimate stock on Bay Street." Alex Baluta of Merrill Lynch Canada Inc. in Toronto said the Dell deal -- and Linux in general -- may never amount to any significant revenue. "It could go either way." But Linux has already been a boon in the markets for Corel and other members of the Linux gang. Corel has been flying high ever since it released its Linux operating system for desktop computers last month, even though the basic versions of the new product can be downloaded free off the Internet. Corel officials say they expect to record only two days worth of revenue from its Linux operating system when it reports its fourth-quarter and year-end results on Jan. 18. news.globetechnology.com