SI
SI
discoversearch

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 (4184)1/1/1998 6:29:00 PM
From: Alomex  Read Replies (1) | Respond to of 9798
 
Please explain 4th Qtr Sales out of over 100 million as not selling any product? This I remind you all after Corel was paralled to "Gandalf".

Bean, Cowpland also talked about $90 million in shipments last quarter, only to come and say: "not really, will take yet another write down".

In fact you are so optimistic on this company that I'm starting to believe that you and Cowpland are the same person. Hi'ya Mike, what does it feel to be a pathological optimist?



To: Mr. Bean who wrote (4184)1/1/1998 8:04:00 PM
From: Kashish King  Read Replies (1) | Respond to of 9798
 
I think what the market is saying is that sales out do not equal sales in and you can't dump two quarters together and get away with it. The market also knows that the name of the game is profits and loosing 130 million is going to require about 1000 million in sales to break even given a 10% margin, or a mere half billion with a 20% margin. That's why the stock is where it is. I really don't think that it takes any particular insight to see that Cowpland is not a competent executive and he makes that crystal clear ever time he opens his mouth to veer off in another direction.