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


To: Drew who wrote (9311)6/11/2000 1:14:00 PM
From: Kashish King  Read Replies (2) | Respond to of 9798
 
I think you're going to see a major selloff as Cashless Corel and the Crashing Revenue Streams starts to lose its audience of naive day traders. The company is poised for crushing losses for the foreseeable future. Linux is not going to save Corel. It's interesting that sales dropped almost 30% (not that there were many sales) while every other Linux distribution company continued soaring upward. Now, that doesn't mean that Corel won't stuff the channel again and then take the hit later when the product comes back from the retailers as unsold goods. They're really good at that, particulary when the chips are down, which is one of a thousand reasons not to trust them.