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


To: JC Jaros who wrote (9058)5/15/2000 11:08:00 AM
From: eyewatch  Read Replies (1) | Respond to of 9798
 
That's what I thought too, have to keep an eye an the east (China), you know Corel went down after this deal was made, maybe no one likes the look of INPR. We maybe better off with out them, the only money they have is because of a law suit. You will see them line up if things brake in China.



To: JC Jaros who wrote (9058)5/15/2000 3:04:00 PM
From: Kashish King  Respond to of 9798
 
How does telling the press you've "inked deals with Compaq and Toshiba" for Corel Linux and that you will soon release versions in up to "25 languages" build trust? Those public comments were made last November and nobody has seen hide nor hair of this since. Where are all the revenues from that Corel Linux channel stuffing festival? Too many returns?

What we're seeing is nothing more than the same pattern repeated over and over again for the benefit of naive new retail investors. They are either unaware or dismiss the historical failure of this company to deliver after pump pieces are released to the press. Given the irreparable damage this has done to Cowpland, why does it continue? Just who is cashing in on this annual crash and bounce activity? It takes about a year or so to recharge but just when enough suckers have lined up, he pulls the release. Next thing you know the stock pops then crashes back down after reality sets in.

JC has only hollow words to offer in defense. Another empty promise that things will be different from now on. What a crock that is.



To: JC Jaros who wrote (9058)5/16/2000 9:27:00 AM
From: zax  Read Replies (1) | Respond to of 9798
 
Inprise/Borland and Corel Terminate Proposed Merger
Business Wire - May 16, 2000 09:15
SCOTTS VALLEY, Calif.--(BUSINESS WIRE)--May 16, 2000--

Inprise/Borland to Continue to Pursue
Increasingly Successful Internet Strategy
Inprise/Borland Corporation (Nasdaq: INPR) today announced that its merger agreement with Corel Corporation (Nasdaq: CORL; TSE: COR) has been terminated by mutual agreement of the two companies without payment of any termination fees. The reciprocal stock option agreements have also been terminated.

Dale Fuller, Inprise/Borland interim president and CEO said, "Much has changed since the merger was agreed to more than three months ago, and our board concluded that it would be best to cancel the merger on an amicable basis."

Commenting on Inprise/Borland's future, Fuller said, "Inprise/Borland is well positioned today with improving operating results and substantial liquid assets. Future operations will continue to follow our increasingly successful strategy of creating solutions that enable companies to move their businesses to the Internet. We will create the tools necessary to leverage new platforms for Linux, Solaris, and Windows 2000, and provide superior services to Application Service Providers. In addition, Inprise/Borland will continue to invest in companies and technologies that complement this strategy."

In January of 2000, Inprise/Borland and Corel entered into a confidentiality agreement that included a standard three-year standstill covenant. That agreement remains in effect.

About Inprise/Borland Corporation

Inprise/Borland is a leading provider of Internet access infrastructure and application development tool and services for all major platforms, including Linux, Solaris and Windows. Founded in 1983, Inprise/Borland is headquartered in the Silicon Valley, California, with operations worldwide. To learn more, visit Inprise/Borland at borland.com, the community site at community.borland.com call the company at (800) 632-2864.