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


To: revbill who wrote (3322)10/29/1997 2:19:00 AM
From: Glen Arnelien  Read Replies (1) | Respond to of 9798
 
Novell intends to sell one million of its Corel
shares

By JILL VARDY
Technology Reporter The Financial Post
OTTAWA -- Novell Inc. plans to sell up to one million shares in Corel Corp.,
documents filed with
the U.S. Securities & Exchange Commission show.
The notice, filed Friday, "communicates our intent to sell up to one million shares in the
next 90
days," said Jonathan Cohen, a Novell spokesman. "Apart from that, I can't comment
on any
intentions or individual transactions."
Novell owns 10 million Corel shares, about 17% of the company, as a result of Corel's
purchase of
the WordPerfect line of software from Novell in March 1996.
Cohen said he is not aware of Novell filing its intention to sell any other Corel shares in
recent
months.
Corel stock (COS/TSE) closed up 40› at $4.90 yesterday. The stock price has
tanked in recent
weeks after Corel said it lost US$32 million in its third quarter because of poor sales of
WordPerfect and other software. A smaller loss is expected in the fourth quarter
ending Nov. 30.
Corel executives have promised the software company will be profitable again in 1998
due to a
restructuring of its sales department and new product lines the company says will boost
revenue.

canoe.ca



To: revbill who wrote (3322)10/29/1997 10:19:00 AM
From: Vanni Resta  Read Replies (1) | Respond to of 9798
 
COREL LAUNCHES VIDEO NC AND CORELDRAW 8

Market yawns. Corel still at $3 1/2.

Vanni



To: revbill who wrote (3322)10/29/1997 11:33:00 AM
From: Mr. Bean  Read Replies (2) | Respond to of 9798
 
Let me explain,

The pictures (2) that appeared on the FRONT page of the Citizen were best described as the following: (I will do my best to choose appropriate words)

Picture #1 Mrs Cowpland standing with her back to the camera. Mr Cowpland standing infront of Mrs Cowpland with his back to hers. (So we see both their backs). His hands are behind him and behind hers pulling her close to him. His hands are on her ass. Let me describe her clothing.... almost none. Now with a mans hands on a womens bare ass, this might "Draw8" some attention.

Picture #2 Mrs Cowpland standing alone with her front towards the camera. Let me describe her clothing........almost none. One of her breasts (less the nipple) is exposed enough to attract mucho looks.

IMHO not the impression to be left by a Corporate Executive.

Mr. Bean