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

To: bcoch who wrote (3356)	10/30/1997 10:49:00 AM
From: Vanni Resta	Respond to of 9798

More from the annals of the Truely Amazing... In reference to Novell's massive dump of shares on the market as it flees the sinking ship of Corel, the Ottawa Sun wrote: "But analysts wondered what was behind the motives of the former owner of WordPerfect with Corel's shares at an already depressed price value." Maybe Novell forsees 'half a buck by Hanukkah?' "This has about as much impact as two days' worth of trading," Cowpland said. And Cowpland should know! He too has dumped massive amounts of shares on the market just before the company releases bad news that sends the stock price spiraling down 35%, thereby screwing shareholders and other hapless investors who were not in a position to know about the impending bad news! Cowpland said Corel is routinely a heavily traded stock in the 500,000 share range daily. Wrong! Wouldn't you expect a CEO to at least know the average volume of his company's stock?! He must be referring to the days where heavy trading is occuring because he is dumping his shares on the market like crazy at $6 just before the release of poor sales results, which you would expect a CEO to know about, pushes the stock down to $4. "It's good to have some fun," Cowpland said, asking shareholders to bend over as he reached for the vaseline. NOW MORE THAN EVER, FOCUS ON THE LAWSUIT AGAINST COWPLAND AND COREL. HE SOLD A FOURTH OF HIS OWN POSITION JUST WEEKS BEFORE THE COMAPNY RELEASED BAD NEWS THAT SHAVED 25% OFF THE STOCK PRICE!!! FOR MORE INFORMATION ON THE LAWSUIT, CONTACT THIS LAW FIRM. VOLUNTEER TO JOIN IN!!! WE NEED YOUR SUPPORT! YES, WE MAY NOT WIN MUCH MONEY. BUT IN THE BATTLE BETWEEN RIGHT AND WRONG, MONEY IS NOT IMPORTANT!!! milberg.com Happy Investing! Vanni

To: bcoch who wrote (3356)	10/30/1997 6:01:00 PM
From: opalapril	Respond to of 9798

To all: bcoch's helpful link to McCarthy's latest news dispatch eventually leads to this quote about Novell's sale of stock: >>ÿBut Corel president and CEO Mike Cowpland said he thinks the impact on shares will be minimal. "They're about half-way to three-quarters of the way through the sell-off already," Cowpland said yesterday.<< Now, we all know Novell publicly announced its intent to sell. Cowpland is saying he knows enough details about the sale to believe the public announcement came AT THE LATEST about half-way through the sale. So, tell me this: why didn't CowpIand make such a public announcement back in August when HE was selling HIS shares??? Because he was too busy lying to the world, telling everyone Corel's business plan was "on track" when he knew otherwise. Thanks, Novell. Hey, Cowpland, that's the SEC on the phone -- for you.