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

To: Vanni Resta who wrote (4639)	2/10/1998 10:19:00 AM
From: Kashish King	Respond to of 9798

I think it's clear that this Cowpland fellow is a first class jerk with no business running a hotdog stand much less a full fledged company. It's not the bogus projections that get me, it's the lack of common sense demonstrated in their foray into Network Computers, OLAP and other wildly different areas. Clearly, there were hundreds of companies who could have purchased a washed-up office suite, went head-to-head with Microsoft knowing full well they would not succeed; it's just that hundreds of companies do not have a moron leading them into oblivion. Cowpland dismissed recent news that competitor Adobe Systems Inc. (ADBE - news) would step up its Windows-based graphics software offering with a new version. ''They haven't made much of a dent against CorelDraw. We still have 75 percent of the market,'' Cowpland said. ''On our side we are introducing a Macintosh version of our flagship product (CorelDraw) version 8, so we'll be attacking them on their home ground.'' Adobe is a 3 billion dollar company with a billion dollars in revenues and a whopping 20% PROFIT (somebody explain that word to Cowpland) margin. I would not bet for a proven loser against a proven winner like Adobe.