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

To: Kashish King who wrote (9449)	7/12/2000 11:11:28 PM
From: technbio	Read Replies (1) \| Respond to of 9798

After the long and persistant drop I was wondering short or a contrarian long Really out of cash... Corel to be AWOL at MacWorld due to cash problems By Brent Hecht, Insanely Great Mac July 12, 2000 The top brass at struggling software maker Corel has decided to cancel the company’s MacWorld Expo 2000 New York plans in order to save what little cash the company has available. Because Corel has been actively expanding its Mac offerings, its absence at the conference will be a significant loss for attendees. The company will, however, exhibit at other upcoming events that are more focused on its core businesses. "Our decision to not exhibit at Expo was part of our cost restructuring measures," said Corel spokeswoman Meredith Dundas. "We are simply looking at the bottom line and trying to save some money by focusing on events we feel at this time are better suited for certain products we are highlighting." Corel’s Mac products include CorelDRAW, Corel PHOTO-PAINT, Corel Print House, and several applications that were purchased from Metacreations earlier this year. Bye Jacques