Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mr. Bean who wrote (4053)	12/23/1997 12:11:00 PM
From: Gnarly	Respond to of 9798

I smell LOTS of rats....but I need to see the actual financials before I decide. The key is revenue....if Corel took back 50 mil in product...AND did not recognise reveue for product it shipped into the channel, then Q1 may be good as the sales out figures are reported by the distributors. The 50 mil was recognised as revenue based on Corels old revenue recog. policy and had to be de-booked....but the product that was shipped in to replace it would not be recognised under the new policy until it flows through the channel. On the whole I think they have a good product, and MSFT is charging LARGE $$ for theirs. I think Corel can succeed...but their advertising is shabby, and their cash situation still deeply concerns me. I think they need to get more OEM deals and more corporate licensing deals. If they can do that they may be in good shape in the long run. I still think Cowpland is a crook, but so is Gates and Ellison etc, etc. Cowpland is just more blatent about it. Gnarly