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


To: Kashish King who wrote (9197)5/26/2000 12:24:00 PM
From: Drew  Read Replies (5) | Respond to of 9798
 
Very professional Rod, Here's my take:

I am still long on CORL because I just missed my exit point.

I did not want to take more than a small loss, and I believe I will actually profit if I hold till next Wednesday or Thursday.

Why? --> We all knew that with this new financing the stock would have a quick rally up due to the news, and dive for 4 Canadian trading days so that the new financiers would get the stock for a song. After which they will buy long and cover. Stock price goes up as does their new investment.

I know you will find some or all of this wrong in your mind Rod, but I couldn't care less. I have very little of this stock, and devote very little time to it. I guess the time I do devote to it may be due to the fact that I am Canadian, and I use and like Corel's products.

Have a nice weekend.