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Technology Stocks : Corel - Investors with no Humor -- Ignore unavailable to you. Want to Upgrade?


To: Tommy D who wrote (301)12/19/1997 7:25:00 AM
From: A. Reader  Respond to of 1094
 
techweb.cmp.com



To: Tommy D who wrote (301)12/19/1997 11:39:00 AM
From: Alomex  Read Replies (1) | Respond to of 1094
 
that would mean that the operating loss is projected to be $5 million which is approximately $.075 per share.

And why would you trust those figures? Just look at the track record of Corel about inflating sales figures.

For the last n quarters Corel has been burning at a rate of $80-100 million per quarter. And now we are to believe that, with no mass layoffs, expenditures have all suddenly dropped to less than $50 million?!

Is anybody really stupid enough not see through the latest quarter cookup of the books?