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

To: Alomex who wrote (3969)12/17/1997 3:00:00 PM
From: Robert Lewis  Read Replies (2) | Respond to of 9798
 
If you have the stomach, read this:

ottawabusinessjournal.com



To: Alomex who wrote (3969)12/18/1997 3:41:00 PM
From: Alomex  Read Replies (3) | Respond to of 9798
 
Corel has shown strong support at 2 1/16 for the last week.

Today it held strongly for half a day at 1 13/16 for no apparent reason.

Right now it has moved past down to 1 11/16 on extremely large volume. Who could be buying this dog?



To: Alomex who wrote (3969)12/22/1997 5:00:00 PM
From: Bill G.  Read Replies (1) | Respond to of 9798
 
Corel doesn't have the cash to buy back stock. if they did they would. In my oppinion that is the reason they have done so poorly because when they purchased WP they used all thier cash. Novell could afford to take the losses because they had huge cash reserves. Corel didn't and don't. It will be a long haul back to the top but they can do it. Only through strict fiscal money management.


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