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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Trumptown who wrote (22674)3/28/2000 12:27:00 PM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
What is the impetus for the momentum on CORL? As I keep saying, the day they oust their CEO, CORL will run toward $100. Remember, you should know what is driving. . . it seems that Corel's subsidiary, GraphicCorp has received a licensing deal. That is not enough to fill the gap back to $13 in my opinion. . . especially since short-sellers are controlling this stock. . . looks like a knee-jerk run to cover to me.

About all we can do is wait for the selling and shorting to weaken. . . or wait on word of any board of directors or shareholder meetings in the near future. Like you, I like the company, but cannot stand the management. But with this latest trouble for the CEO. . . we may yet see a change. . . worth watching.

Rande Is