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


To: Mare Britton who wrote (8251)12/21/1999 2:56:00 PM
From: Mark S.  Read Replies (1) | Respond to of 9798
 
your question should be answered using your Gut feeling. Before you bought such a stock on Margin, did you read their 10k or 10q? Risk vs. Reward, equalibrim. year low 2 year high 32**. pe There is one. Linux, nobody has really showed an acceptable model how this will make each respective company money. COREL has other Core (LOL) products. But this stock is worth what the market will bare, not what the tech charts show. Margining such a volatile stock is not very prudent. Ask yourself this question. Do I still like the story that enticed me to buy this stock in the first place?



To: Mare Britton who wrote (8251)12/21/1999 2:59:00 PM
From: Mohammed Bhimji  Read Replies (2) | Respond to of 9798
 
Hi,

I was going to hold until the rebound, but it became clear that this was not going to happen. Happily I sold yesterday around $33, and seeing what happened today I am glad that I did.

I still believe in Corel, and know it will do well -- however (taking the blinders off of my eyes) with the recent negative news it's probably better to get out now then get back in when the price is lower.

You need to decide what to do...

Mohammed



To: Mare Britton who wrote (8251)12/21/1999 7:39:00 PM
From: Steve Johnston  Read Replies (2) | Respond to of 9798
 
It is dropping like a stone because people were buying blindly on all of the Linux hype. Their greed has now turned to panic, I am afraid. As for any technical patterns, they really don't apply to Corel's recent performance. It could go all the way back down to below $10 U.S. Who'se to know. I wish you well. Sweating it out on margin is no fun, I have been there. Regards.