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

To: Joe Antol who wrote (3951)	12/15/1997 8:40:00 PM
From: BillHoo	Respond to of 9798

Okay, who has a brief synopsis of this company? I've been out of the loop on Corel for a while. I know there was soemthing about shaky profits in the last quarter and the stock took a dive, but what are they doing about it? Have they ousted the CEO? Is Java moving along as planned? Do you see this company here in 5 years? I bout at $7 back in February/March and haven't tracked it since. Should I could my losses or averagae down? I'm looking for opinions. -Bill_H

To: Joe Antol who wrote (3951)	12/15/1997 11:27:00 PM
From: Leo Mitkievicz	Respond to of 9798

Hey Joe No rush to buy. Books are a mess. Another loss quarter warned. Nibbling a small partial position here won't hurt you much for entry - remaing downside seems limited. Depends anytime on NOVL action/inaction. hate to depend on that. Two positives only so far: Sylvester to sales and O'Reily to CFO. If I decide to reenter (a month from now at the earliest) I will do so gradually - 2-300 shares at at time averaged in on dips over next year or so. Caution is the word as Cowpland cannot be trusted to perform. Beware of sucker rallies while fundamentals are so weak. Leo