Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: technbio who wrote (9450)	7/16/2000 3:36:36 AM
From: Kashish King	Respond to of 9798

They call this related news: In related news, Carey Stanton, executive vice-president of business development and legal affairs, will be leaving Corel to pursue other opportunities. His resignation takes effect July 21, 2000. Mr. Stanton has worked at Corel for nine years... There is no comment from the CEO on that resignation but Mr. Stanton should consider that a blessing based on some of the comments that have been made about departing executives in the past. Professionally run companies know how to deal with departures, it comes as no surprise that Corel would botch this so transparently. "'I am really pleased to announce these promotions,' said Dr. Michael Cowpland, president and CEO of Corel Corporation. 'Both Dave and Alison have each made significant contributions to the company in their respective areas of expertise. They are shining examples of the talented and dedicated team of employees whose efforts have enabled Corel to become one of the leading software companies in the world.'" Well, at least they know what to expect on their way out. Regardless, I think they know all too well the value of Cowpland's remarks, public or otherwise. Can somebody who has an interest in this company write Cowpland a letter and tell them that sales are falling by 30% to 40% and that the company is one of the smallest and most insignificant software companies in the World? Do you think he actually thinks he's fooling anybody anymore? I guess there's a pool of replacements for every naive retail investor that figures out this is one of the world's worst investments. biz.yahoo.com