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


To: Steve who wrote (3754)12/4/1997 10:46:00 AM
From: Alomex  Respond to of 9798
 
Where was the spikes in this year's chart. It was just all the way down.

Are you suggesting that life as we know it started this year?

I started buying COSFF in the summer of 95, low 15, spike 25,
low 13, spike 17, low 10, spike 12, low 7, spike 9.

I made money in all of them. Of course I did not buy at lowest possible price and sell at the highest (that would be something), but I was close enough.

Each low/spike had returns of over 15% in less than three weeks.

My last purchase was at 7 and change, and I sold about a a 25-50c down, after missing the opportunity to sell in the last spike of early September (I remember spending over an hour thinking if I should sell).



To: Steve who wrote (3754)12/4/1997 10:10:00 PM
From: Steve  Read Replies (3) | Respond to of 9798
 
Alomex,
Just thinking the value of Corel. No debt at the time being, even after 4th quarter (if loss is within expectation 15-20 million, shouldn't be hard to achieve). The company is realized what went wrong and is working on to correct the mistake (Corel's new CFO talking about Cowpland in today's news was quite impressive to me). Also Corel's new sales executive has tons of experience in corporate market and wouldn't come to Corel if he think Corel is hopeless. Do you think someone never has position in Corel, now is the good time to buy? I am still thinking Cowpland is the best man in the hightech industry .If his ENEMY was not Microsoft, things shouldn't be turn out so bad.
SW