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

To: David Miller who wrote (4489)	1/29/1998 11:55:00 AM
From: Alomex	Read Replies (3) \| Respond to of 9798

takeover rumours? Takeover rumours, the last refuge of screwed-up shareholders. When things are so bad they can't come up with a single reason why to buy a stock, the standard line is: at this price is a takeover target... Yeah, sure. Have a look at Apple, where Mac moonies have been saying that all along from $45 per share down to a low of $13. And every time some potential suitor explored a takeover, they saw there was a reason why the stock price was so low, and they were not willing to buy the company. Corel is in a sorry enough shape, that it is hard to justify a price over $2.30 per share, even for a rich takeover proposition.... Having said that, I think we are likely to see a takeover around $2.00 per share, plus a rich severance package for Cowpland (remember Mitel anyone?). IBM kept coming up