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

To: Kashish King who wrote (3767)	12/5/1997 12:33:00 PM
From: micromike	Read Replies (1) \| Respond to of 9798

It sure looks like there is a small chance for Corel they just have to get the salesmen out to pedal their products. College Officials Blast Microsoft Over New Software-Licensing Policy chronicle.com It was back to school for some Microsoft officials here Wednesday, when university leaders explained why a new licensing policy would make some of the company's software too expensive for widespread campus use. --- Is MS giving them a chance to survive or what. Mike

To: Kashish King who wrote (3767)	12/5/1997 3:16:00 PM
From: Pete	Respond to of 9798

Hey, I agree in so much that the opportunistic (wrt certain stock transactions) and inept (wrt business management) bum should be kicked out.... WRT the new CFO, I think it is a good move. Hey ever heard of DY4? They had a wizbang group of techies who built the Co., grew it to the point where it ran into trouble, and then were replaced with a bean counter. Best change they ever made! Between Oreilly, Mr. Dell and Microslop's new pricing practices, maybe Corel may still have a chance? Just get rid of the current dictator to behaves as if he has a bad case of ADD. Pete

To: Kashish King who wrote (3767)	12/5/1997 9:54:00 PM
From: Steve	Read Replies (1) \| Respond to of 9798

Rod, Right after Q3 earning released, Cowpland told a reporter in the interview that Corel is looking for a Chief Information Officer. So hiring for Mike O'Reilly was not no sense of direction. It was well planned. And I don't believe an accountant who has a expertise in information system cannot do both jobs well in the same time. SW PS I am only agree Cowpland is a guy with high IQ but low EQ. He should be a Chief Engineer not CEO.

To: Kashish King who wrote (3767)	12/6/1997 12:30:00 AM
From: A. Hayer	Read Replies (3) \| Respond to of 9798

If COSFF ever reaches the level of SYCR, I will agree with you. Until then, I strongly disagree with you. In fact, after reviewing your posts on the SYCR thread (including the really early ones), I must admit that you are truly a buffoon who thinks he knows it all. WARNING TO ALL, beware of this Rod character. He is negative by nature ! Ask anyone on the SYCR thread. Best regards, ah --------------- PS: To all the Corel believers... I think it is time to focus on Corel again. I am starting to get a good feeling now that we have a new CFO (Mr. KPMG) and of course Don Sylvester (Mr. Dell) honing the corporate side of the business. In any case, here is a worst case scenerio IMO: Lets assume that enterprise R&D doesn't pan out. That is, Remagen (Connexus), VNC, and Alta have "no market". What happens then ? Mr. KPMG and Mr. Dell circle the wagons and focus on core products. Mr. Dell delivers the following: Productivity division generates 80M corporate and 60M retail. Graphics division generates 120M. Total annual revenue = $260M. Mr KPMG (bean counter) controls expenses as follows: Advertising @ 40M R&D @ 26M SG&A @ 60M Depreciation @ 30M Total expenses = 156M With a gross margin of 70%, Net Income (at a 35% tax rate) is 17M or 6.5% of sales. With this worst case scenerio, is COSFF worth more than $2.25 US ? Is it worth more than the current P/S ratio of 0.4 ? How about a "Blue Sky Scenerio". All of the R&D efforts start to kick in and enterprise revenues for 1998 amount to $100M. What is Corel worth then ? Remember one thing..., So far more than $25M in Java revenue has been generated this year, and thats without any product in the market. All Java revenues have been licencing of development technologies. The Vanni's and Rod's of this world will scare the heck out of you. They have no risk tolerance or vision. Corel will survive. Corel will either restructure or will prosper to new heights with its new products. Either way, it is currently far undervalued IMO.