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

To: vinod Khurana who wrote (3840)	12/11/1997 2:37:00 PM
From: Alomex	Read Replies (3) \| Respond to of 9798

Corel bought back over $5 million CDN (you may say so what...NOVL bought theirs at $12 1/2 - $15 and loookie what happened to them). I'd say a company buying back their stock only to have it go lower is a strong bearish indicator. It shows a company in denial, which hasn't even started looking at the reasons why their endeavours are not paying off. Rather than trying to find what exactly is wrong with their current offerings, they go about talking of their "huge installed base", "loyal customers", and "better technology" among other self-soothing incantations. Look at Air Canada...went as low as $1.20 - $1.40 before rebounding to $15. It did not. AC lowest point is $4.00 a share.

To: vinod Khurana who wrote (3840)	12/11/1997 3:35:00 PM
From: Joe Antol	Respond to of 9798

Ehhhh, I dunno VK. Did you see what Alomex and Leo wrote back to me?.. The volume on this sucker is pathetic. Yeah, like you, I wouldn't go for < 1K shrs (or better), BUT ... after reviewing this thread, (sans all the class-action BS), and listening to the guys that got burned I think it hasn't bottomed. I can really see sub ~2 numbers for this stock. I don't wanna get caught up in another "wait-a-thon" like NOVL. I think I'll take their advice, keep watching it, reading about it, "judging" it, and then decide. Something tells me it's still not the "right time" for COSFF. Regards, PS: Rod McPherson says it's worth a "nibble". Yeah, but I wanna' gulp!