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


To: micromike who wrote (3553)11/7/1997 7:34:00 PM
From: bcoch  Read Replies (2) | Respond to of 9798
 
Interesting that a 1 million share block trades 4 minutes before the bell, & a 200,000 share block trades 12 minutes after the bell, both institutional trades meaning mutual funds. Is someone accumulating? Same thing last Friday.



To: micromike who wrote (3553)11/8/1997 4:25:00 PM
From: Kashish King  Read Replies (1) | Respond to of 9798
 
They are confused and also extremely naive in thinking they could use throw together a team and write a major Java application because they have very little experience with object-oriented software design and development. They clearly failed to put together a competent team of developers and managers. Their failure to recognize their own incompetence is likely to hurt them going forward. Corel is truly a classic example of incompetent management and development trying to live off a has-been product line which briefly thrived during a period of little competition. IBM is going to slaughter anything these buffoons try to put together regardless of how much rewriting and reinventing they do. As far as Corel's worth, their Java Office Suite's only value is that it serves as a bad example.