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

To: bcoch who wrote (4066)	12/23/1997 9:43:00 AM
From: Pete	Respond to of 9798

I can't believe that I'm saying this, (and yes, I'm still very long) But it'd be nice to see the stock go _down_ a tad further, to average down more effectively (maybe this article will help?). I get the strong gut feeling that there will be a jump in the price in the new year. All these guys gotta do is make a profit, with clean books, and a reputable CFO (no-one listens to cowcrap anymore anyway), and this stock has gotta be trading higher again. JMHO And a Merry Xmas! Pete

To: bcoch who wrote (4066)	12/23/1997 11:56:00 AM
From: Mr. Bean	Read Replies (1) \| Respond to of 9798

bcoch, from your article which "optics" is the best article on the "public perception = stock value" issue. "The company did, before write downs, write-offs and discontinuances, record $102 million US in "point-of-sale" revenue, products and services out of distribution channels into the retail level or corporate customers or to partners and end customers. It was the best quarter for sales and basically all new products and services." The last sentence says it all for me. Look past the "optics". Corel is not a dying company with 102 million in sales, a decreasing and better controlled expense side and 30 million in the bank. It appears Corel is worth more today at $2.20 Cdn than it was at $15.00 Cdn. It might be the right time to average down. Mr. Bean