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


To: JC Jaros who wrote (9067)5/16/2000 3:10:00 PM
From: Alomex  Read Replies (1) | Respond to of 9798
 
I don't think so. Both stocks are up. Corel is up twice as much. --- I think overall investors saw INPR as an albatross for Corel.

If investors had liked the news, CORL would have moved up and stayed there. If arbitrageurs were closing their positions we would see a lot of activity in the first hour of trading with a steady drop afterwards.

Now go and check the intraday chart ( quote.yahoo.com ), and you'll see which of the two explanations is the correct one.



To: JC Jaros who wrote (9067)5/16/2000 7:19:00 PM
From: Tom C  Read Replies (1) | Respond to of 9798
 
JCJ,

Sometimes you're too funny. Good luck with your CORL promotion efforts. Don't worry about INPR the stock holders will do fine. I think overall investors saw INPR as an albatross for Corel Ha ha... are you ever serious?

why Inprise was such a great acquisition (besides the cash). duh.. It was about the cash from the CORL perspective. No one pro merger has ever been able to explain why it was good for INPR holders.

Tom



To: JC Jaros who wrote (9067)5/16/2000 8:56:00 PM
From: zax  Read Replies (1) | Respond to of 9798
 
I don't think so. Both stocks are up. Corel is up twice as much. --- I think overall investors saw INPR as an albatross for Corel

I agree. I would have liked to see a strong Linux contender to Red Hat and adding development tools sure seemed it would have been a good avenue.

Nonetheless, it appears some INPR holders became convinced it was a cash grab - one thing INPR does have.

Its pretty short-sighted to think Corel will run out of money without the Inprise merger. As the most noticable software company in Canada, Corel is practically a national icon. Getting some money to get through the current crunch will not be a problem.

Corel has a powerful line-up of products, loyal customers, a Linux distribution (yes, based on Debian) with a great graphical interface, installation program and full office suite.

It was interesting to see INPR got less of a bump then Corel today.



To: JC Jaros who wrote (9067)5/17/2000 12:42:00 AM
From: Kashish King  Respond to of 9798
 
I think JC does us a favor in serving as bad example of investor advise. Corel tanked far under Inprise while Inprise rebounded over 25% in the past couple of days. After the foreshadowed announcement there is motion in both stocks, and he's calling that evidence of an albatross view of Inprise? Excuse me, but if that's true then Corel must be a 10,000 pound lead anchor given the 25% pop Inprise following the clarity with which investors rejected this merger. It was not a lack of articulation on Corel's part that doomed this, as JC so naively states. He still doesn't get it.

Once Inprise investors got wind of how bad the deal was, it was only a matter of time.
upside.com

Merger Collapse Could Cause Corel to Crash and Burn
thestreet.com