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: micromike who wrote (4103)	12/25/1997 11:22:00 PM
From: Kashish King	Respond to of 9798

Nothing that complicated and nothing to do with Cowpie's personal holdings. More like the following: The stock is down so let's buy some shares since we've got some sweet deals lined up for next quarter. Oops, the stock is still going down, I guess the fund managers are really ticked. OK, let's announce the bad news and let's write off everything that isn't nailed down and take a charge on everything that is. Furthermore, let's confirm that we are completely out of touch by announcing that we have no plan to reign in spending with any staff reductions. We know they were buying back shares so why not dump all of the bad news on the floor and kick dirt on it? It's completely up to them to decide when and what to announce in terms of restructuring, licensing deals or whatever. So I agree that they are pulling a fast one here as somebody earlier suggested. It makes sense, dump on 1997 and move into 1998 with a cleaner slate.