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

To: Eveline Bernard who wrote (3863)	12/11/1997 9:06:00 PM
From: Mike McFarland	Read Replies (1) \| Respond to of 9798

Oh my gosh, a post not bickering...how nice. Anyway, I turned to the first of the columns in PCMagazine today (I only read pages 85-95 or so, the rest of the magazine is fluff and advertisements)...and what do I find "Corel and Intel" and something about being partners in integrating Java or MMX or something into Wordperfect. Anyway, I think the ad campaign is pretty smart. Not for that reason...I'm in at 2 1/4 today, good luck to everybody, hope 2 is the bottom. Maybe somebody on the Java warpath will buy Corel out--after all it does seem to be the only suite out there competing with Word. I've always had Quattro, since that days it was dos and made by Borland, and I like the current Corel suite. Maybe that is not enuf to buy the stock...but the price looks like cheap dirt...oops dirt cheap (fingers crossed).

To: Eveline Bernard who wrote (3863)	12/11/1997 10:28:00 PM
From: Arch	Read Replies (1) \| Respond to of 9798

Eveline, My post was in part based on the following news that has not caught much attenton on this thread. Note the key words "compatible alternative to Microsoft". I love them and think that they will take market share from Microsoft. For people with a good memory of the PC history, recall the days of calling PC "IBM-compatible PC"! (If I had enough money, I would be tempted to short Microsfot!) I recall that Cowpland agreed in an early interview (around Sept.) that Don Sylvester's push for compatibility is important to the future success of WP. Does anyone else recall it? Believe it? Perhaps Don Sylvester should replace Cowpland as CEO. DOW JONES NEWS SERVICE 10/27 Corel Corp. Aims To Focus On Core Products In FY 1998 >COSFF OTTAWA (Dow Jones)--Corel Corp. (COSFF) intends to return to profitability in fiscal 1998 by focusing on its core graphics and business applications software and by working co-operatively with Microsoft Corp. (MSFT) , said Don Sylvester, Corel's senior vice-president of sales. Sylvester, in outlining the company's 1998 business strategy, said Corel isn't counting on its new network computer and Java-based software to produce profitablity in 1998. The Java products will bring "incremental opportunities," Sylvester said. Corel reported a loss of $31.4 million in its fiscal third quarter ended Aug. 31, and has warned that it expects to report a loss of between $15 million and $20 million in the fourth quarter. Sylvester also told analysts and media representatives that Corel won't try to compete directly against Microsoft in the business applications software market. "It makes sense for us to say Microsoft is not our competition; it is our environment," he said. Corel intends to increase the compatibility features between its WordPerfect suite and Microsoft's Office, enabling Corel customers to maintain their WordPerfect products without facing a barrier "to the rest of the world," Sylvester said. He predicted that Microsoft won't be able to retain its heavy dominance in the business applications market forever. And Corel is well-positioned to become the compatible alternative to Microsoft, he said. Sylvester said Corel intends to expand its North American and international sales force by 40 positions immediately. Corel aims to increase the foreign share of its sales to about 40% from 30% currently. (END) DOW JONES NEWS 10-27-97 01:53 PM