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


To: micromike who wrote (8372)12/27/1999 11:16:00 PM
From: Kashish King  Read Replies (2) | Respond to of 9798
 
Attention Suckers

This company is microscopic in terms of revenues and in terms of profits there are none. They ship products they acquired to makers of cheap PCs who can't afford the real thing from Microsoft. The CEO continually invents stories about future revenue potential from Network PCs to Linux office suites to Online Analytical Processing tools to you name it. He's a master at manipulating retail investors but generally only generates laughter among those aware of his tactics. He's the classic all-talk-no-action touter of his own stock: even going so far as to suggest a specific time frame for a substantial rise in price.

The Linux operating sytem is just the latest addition to his act. There has been a buzz in the industry for at least four years regarding that eight-year-old effort. Cowpland claims that Corel has the most Linux technology, yet they have little or nothing. Believe me, your pet monkey can have a Linux distribution and Corel doesn't even that. They use Debian's Linux, not surprisingly never mentioned in press releases. They ported the old Windows boat anchor of an office suite they inherited form Novell over to Linux where they will compete with free offerings from Sun's Star office suite.

Don't let yourself get sucked in. If Corel delivers, that's great but so far they have demonstrated that they are incapable of walking the walk. I can't imagine any scenario whereby they will be successful. I wonder if Corel's blaming of Sun for Corel's failure with Java is still something Sun will remember? I doubt it, this company isn't even a speck on Sun's radar screen. There are hundreds if not thousands of credible Linux companies out there, this ain't one of them.



To: micromike who wrote (8372)12/29/1999 2:49:00 PM
From: mowa  Respond to of 9798
 
Mike,

And for those who put a lot of hope in Star Office/Sun consider this, Sun was the architect and guiding hand of Java and bears principle responsibility for it's lack of success in the market. How much of Corel's Word Perfect/Java failure was tied to Java's larger failure? ...was a real question. How large a roll did Java's failure to deliver on it's promise to *effectively* "write once run everywhere" contribute to the failure of WP/Java edition?

I am not a big supporter of Cowpland, he often seems to me to be "a day late and a dollar short". Just raising question s about Sun/Java and it's possible competition to WP Office 2000 for Linux.

Corel was steamrolled by MS (as were many other companies, some much more competitively astute) and it seems to be a company floundering around for a life preserver. The gist of my post was that I *believe* they have finally found one in Linux that even Cowpland would have a hard time not making good on. Thus it seems to me that the company has some up-side playability that will materialize.

My statements on Java remain, it was slow to adoption, has yet to fulfill expectations, has generally slow performance (it is a type of emulator, Java *Virtual* Machine) and it's level of usage is yet to be fully determined (by many accounts it's planned usage is scaled down from original hopes and expectations).

Yes I agree Cowpland is crying *anything* he thinks will reverse his fortune.

Peace

mowa