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


To: Picanoc who wrote (9503)8/15/2000 6:49:40 PM
From: Hawkmoon  Respond to of 9798
 
he hasn't shorted Corel

Dagnabbit!!

As for your other comments about the timing of the resignation, I think that it was probably one of the conditions of the financing package in June. It just gives all sides the ability to say that it wasn't necessarily a case of financial extorsion by Cancord(sic).

Also, I don't expect the interim CEO to turn this company around by himself. That is why he is called an interim CEO. He is there to hold the fort down until they locate a new CEO, or the company is sold out (which is a distinct possibility NOW, since the only real obstacle, Cowpland, now has every reason to approve it at a price he likes).

Regards,

Ron



To: Picanoc who wrote (9503)8/15/2000 6:54:33 PM
From: blaireo1  Read Replies (1) | Respond to of 9798
 
My guess is that this news will boost the stock by about $1.50 from today's close then settle back to close around $4.25. It will quickly retrench once the analysts get on board and say it's too little too late.(any other predictions out there?)

I agree with the other writer... this would have meant more a month or so ago. It may now be too late. But as they say, better late than never!

Blaireo (non-holder but a love-to-bash-Cowpland investor)



To: Picanoc who wrote (9503)8/15/2000 6:54:41 PM
From: Savvy  Read Replies (1) | Respond to of 9798
 
Couple of things to consider:

1. Michael O'Reilly?
2. Too little, too late? Is Cowpland jumping ship before it goes under? Did the board (and the bankers) finally have enough?
3. Is there another large looming loss to be reported?
4. Did I hear correctly today from LinuxWorld that the big boys were going to release a "free" suite of Linux-based applications?

I suspect O'Reilly wouldn't be interested - he's way too smart and would probably be best to end up with a high tech company with a future (can you say photonics?)

Me thinks we may have seen the future today - someone will pick up the pieces, but there is not much hope for the whole company - IMHO.

Savvy