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

To: micromike who wrote (9408)	6/22/2000 10:12:00 AM
From: Hawkmoon	Respond to of 9798

Considering Corel is laying off the talent and their market shares is falling like a rock. What does Canaccord gain by putting the screws to Cowpland. Were would they get security from a software company. I'm referring to pressuring MC to resign or take a non-managerial demotion, while they bring in a turn-around specialist who can straighten this mess out and bring back value to the product line, as well as the stock. And completely disagree with you about their Linux products being smoke and mirrors. Dell just signed with RedHat, and if CORL gets their act together and can show they have financial viability, they can attract other clients (who are mainly more concerned about CORL's longevity, than the obvious quality of their product line which is difficult to dispute. Linux will continue to build momentum throughout 2000-2001 and beyond. Certainly the first GUI based applications will be versions ported from other OS's, and most expect that. And if CORL captures a sizable portion of that market, then if will provide a nice base off of which to fully convert to the Linux OS. So what Canaccord has to look at is whether CORL has a viable product line that can bring profitability, and what barriers prevent the company from achieving success and securing the value of their investment. The only real obstacles I see in the short term are in the managerial level, and obviously with cash flow/burn. It is clearly apparent that knowledgable reviews are seeing CORL as a potential category killer in the linux applications market. But the shorts are just too busy focusing on MC and the short-term cash crunch, instead of focusing on the intermediate and long-term value and potential. Regards, Ron

To: micromike who wrote (9408)	6/24/2000 1:10:00 AM
From: Kashish King	Respond to of 9798

"Considering Corel is laying off the talent and their market shares is falling like a rock." Well, their revenues are dropping like a rock but as for talent, what talent? What talent took an old warmed-over DOS product and made some changes to the font end? If the company ever had talent, it left long ago. "What does Canaccord gain by putting the screws to Cowpland." Versus taking Bozo the Cowpland at his word? Sort of like Inprise did until they actually got the hard facts? What these stock-for-cash pirates gain is knowledge that they aren't flushing 10 million down the drain. Even with the toxic equity deals, if Corel goes under they can't dump their shares, as planned. "Were would they get security from a software company." I don't know, perhaps the same place tens of thousands of other businesses get security: honest managment and steady revenues. Software companies borrow money all the time, so do plenty of companies that don't buy capital equipment. I don't think the bank sees restaurant equipment as real security, but they lend money to restaurants all the time. As for Corel, they don't even rate a line of credit. The problem I see is that any investment company wouldn't invest if they figure they can't make money. Did you conclude that on your own or did you solicit the services of a PhD in economics? Let me correct you on a couple of issues. Number one, they aren't "investing" they are buying blocks of shares at a market discount with all manner of downside guarantees that serve to protect them, while giving shareholders the shaft. They figure they can make money because if the price of the stock drops, they'll get more shares to make up for it. That's how these toxic deals work. T'yah, they're "investors" alright, sure they are. The goal is to DUMP the shares they bought at a discount and the ones they got as compensation for the drop in price. "Considering he has run the company into the ground and it looks like LINUX is smoke and mirrors. How do they expect to recoupe the investment even if they get a super good deal or boot him out." Linux is not smoke or mirrors. It's just that everybody and their dog and their dog's fleas can get into this market and the average selling price for a Linux product hovers around zero dollars and zero cents. I have already mentioned that Corel's distribution is yet another repackaging of Debian Linux, and there are many.