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: revbill who wrote (4257)	1/12/1998 2:13:00 PM
From: Vanni Resta	Read Replies (1) \| Respond to of 9798

Thanks for the article revbill. Jill Vardy wrote: "Last September, chief executive Michael Cowpland said a "surge" in sales would stop the red ink..." Something is surging, but I don't think it is the sales. Vardy also wrote: "While no analyst has officially updated earnings forecasts for Corel since the pre-announcement..." By this, I think she means December 19, because at the top of her article she writes: "The stock (COS/TSE) bottomed at $2.05 Dec. 19 after Corel pre-announced a loss..." If she means December 19, then she is wrong. There were earnings revisions on December 30 and January 9. Vardy also wrote: "One analyst, who asked not to be named, said the company's channel was "stuffed like a Thanksgiving turkey." Yes! How do you think we knew it was going to be "$3 by Thanksgiving!" which surprised everyone at the time, but turned out to be true. Hahahaha! Yippity Yappity! Vinni