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


To: Mr. Bean who wrote (4052)12/22/1997 4:08:00 PM
From: Joe Antol  Respond to of 9798
 
Is this not correct? Corel has around ~2.35US/share in revenue? And if
so, using a reasonable share price multiple of say .3, it would give
you a share price of US .41? Add ~.40/share in cash they have and the
stock is worth ~1.11 or so?
If those numbers are anywhere near "close" it's overvalued at ~$1.50,
and IMHO the MM's are more than likely playing games, not
Corel (IMHO). But then again, you may very well be correct with the
conspriracy aspect. However, after listening to *you* and Leo, I tend
now to believe it really *is* going in the dumper.
<but, perhaps you're correct. ... I sure don't know ... I'll wait>