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

To: Scott Volmar who wrote (8688)	2/16/2000 9:51:00 AM
From: bigcoley	Read Replies (2) \| Respond to of 9798

Why has the stock price dropped from 21 to 16 in the last week or so? I am baffled to why this is happening. Do any of you have any predictions to what will happen to Corel in the next 2-3 months? Jason

To: Scott Volmar who wrote (8688)	2/16/2000 10:07:00 AM
From: Fred Gohlke	Respond to of 9798

Scott, I'm not at all sure that "posing a threat to Microsoft" is a good, or valuable, goal. While one cannot close one's eyes to the competition, it is usually counterproductive to become obsessed about it. It is far more important to keep one's own house in order ... which, I'm sorry to say, Corel seems to have a problem with ... and execute one's own plan as flawlessly as possible. I have no doubt there will be a Linux niche. The size the niche will attain is pure speculation. I have no doubt that (conceptually) Corel/Inprise are well positioned to flourish in that niche. Because the target is, by definition, a niche, MicroSoft is, also by definition, just an outsider. Will Linux ever grow beyond a niche product? I don't know. But you can be sure it won't unless Corel/Inprise are successful in broadening its appeal. The important thing to remember is that, for Corel/Inprise, dominating even a small niche (viewed on an international scale) would be wonderfully profitable. I am long both companies, but substantially less so than I was a few weeks ago. Fred