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

To: james paterson who wrote (8313)	12/23/1999 8:35:00 AM
From: James P Shaw	Respond to of 9798

"This setback in the Windows market will encourage us even further to push hard into the enormous potential of Linux," chief executive Michael Cowpland said in a conference call with analysts and reporters. Today's Ottawa Citizen. This should be scaring the hell out of Corel investors. The Windows products should be a cash cow for the company. Maybe Dr. C is trying to run the company like RedHat and all the other 'e-hype' and 'Linux-hype' companies; run at a loss forever, and trade on 'potential'. History may be repeating itself here. He seems to be betting the farm on Linux much as he did with Java. We all know that he is betting the farm, but he shouldn't be telling the investment community at large. I would assume that this would have been the reason for the CFO to resign. It was most probably a business fundamentals disagreement with Dr. C which prompted his departure. I think someone should give Dr C an accounting and economics 101 course lecture. Ciao! Jim Shaw

To: james paterson who wrote (8313)	12/23/1999 10:22:00 PM
From: Bob Duncan	Respond to of 9798

Just curious, are people here long because of a short squeeze (from the low of 12 earlier this week) or for valuation comparisons the LNUX and RHAT? I'm simply long for the short term pop honestly, this company and its products have no future I agree with the shorts on that. But frankly I have made money going long on "obvious" shorts and CORL is one of those, which is why I am long now. I have to admit, I miss the days when the market was rational. Still making money, but I dont like doing it this way. Can't wait till the days when PE means something again, but right now hype is the way of the future I guess. Only in this market could a company with an earnings warning like Corels be up this much the next day! Something is rotten in the state of Denmark... bob