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


To: A. Hayer who wrote (3772)12/6/1997 1:30:00 AM
From: Kashish King  Read Replies (1) | Respond to of 9798
 
WARNING TO ALL, beware of this Rod character. He is negative by nature ! Ask anyone on the SYCR thread.

Perhaps COSFF should be under penny stocks, and having watched those people lose 50% of their money versus the 70% plus loss in COSFF you are hardly in a position to be holding yourself up to that candle. One thing we can say about COSFF is that they were not the subject of one of the most notable consumer ripoffs in the software industry, nor did they have anything like the FTC fraud investigation which ended up in SYCR pulling their product from store shelves. They were lucky to end up as a bulletin board stock, and the COSFF shareholders sure as hell don't need you to be throwing them into a cesspool like that. Get your fact straight and stop playing this childish little game of discovering what I have said about other stocks. Haven't you seen enough of that or are you new here? Do you think it's clever? It's childish and really, really old.

BTW, why don't you ask the new COSFF CFO why KPMG, his former company, resigned as the auditor for SYCR, claimed they were in serious danger of going under completely, and topping it off with a letter to the authorities about insufficient and incomplete accounting information. Get your facts straight.



To: A. Hayer who wrote (3772)12/6/1997 1:44:00 AM
From: Kashish King  Respond to of 9798
 
If the credibility of KPMG is as you say, and I believe it is, then you had better look into the reasons for their claim that SYCR was unlikely to continue as a going concern. Point two, the other participants don't need your condscending warnings about having the heck scared out of them, save that nonsense for the penny stock threads. Do you think they are stupid? Look at the stock price for crying out loud, what the heck do they have to be afraid of after that? Frankly, the majority of participants here are obviously about 10 notches up on you so do your homework before spouting off and if you have something concrete, then feel free to offer it instead of your paranoid warnings.

One more thing, I have been extrememly critical of the CEO and your defense his incompetentence is the last thing anybody needs, COSFF longs included.



To: A. Hayer who wrote (3772)12/9/1997 1:35:00 PM
From: Alomex  Read Replies (1) | Respond to of 9798
 
Mr. Dell delivers the following:

[deletia]

Total annual revenue = $260M.

Mr KPMG (bean counter) controls expenses as follows:

[deletia]

Total expenses = 156M



With this worst case scenerio, is COSFF worth more than $2.25 US ?

Oh puleaazee. Annual revenue 260m and expenses 156m a "worst case scenario"??

Corel has reported expenses for over $320 milion dollars every year, and you think that Mr KPMG can just halve those expenses like that? Dream on!