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

To: opalapril who wrote (4671)	2/13/1998 12:20:00 PM
From: Alex Wulder	Read Replies (3) \| Respond to of 9798

Good. I thought this thread was ready for some fun. But... did you see? The posting has been removed. Someone must have mailed the webmistress? Hmmm... makes one think... Bean seemed kind of upset, didn't he? -Alex

To: opalapril who wrote (4671)	2/13/1998 12:22:00 PM
From: Leo Mitkievicz	Read Replies (1) \| Respond to of 9798

Hey Opal They took it down! My that was FAST. Almost a quick as Bean's name change. I went to reply to Alex after I finished laughing and it was OUTTATHERE already. So for those who missed it, I'll post it again. It was a spoof Bean! OK? DISCLAIMER: This was the missing JOKE. To: Alex Wulder (4662 ) From: Alex Wulder Friday, Feb 13 1998 11:32AM EST Reply # of 4670 OTTAWA --(BUSINESS WIRE)-Feb 13, 1999---- (OTCBB:COSFF) Corel Corporation announced today that Dr. Michael C. J. Cowpland, President and Chief Executive Officer of Corel since its incorporation in 1985, has tendered his resignation. Mr Robert N. Wildrick has taken Dr. Michael Cowpland's position effective today. Mr. Wildrick, 55, previously held the positions of Chairman and Chief Executive Officer of Venture Stores, Inc. (NYSE:VEN), an operator of family value stores. The leaving Dr. Cowpland lauded the qualities of Mr. Wildrick, 55, who he described as a person with exceptional interpersonal skills. Mr. Wildrick has been instrumental in building confidence among the former employees of Venture Stores. Dr. Cowpland stressed the value of his swift decision-making, which cut the cost to creditors of the Venture Stores bankruptcy proceedings to a minimum. Separately, Mr Don Sylvester, Senior Vice President, Sales, Mr Paul King, Vice President, International Sales and Mrs. Kim Dixon, Vice President, Marketing have also tendered their resignations in an attempt to pursue other interests. "All four of us have been instrumental in reducing revenues and shareholder value to a much more manageable level, and I am grateful for their contributions to the company and wish them the best of luck in their future plans", Mr. Cowpland said. Mr Sylvester, Mr King, and Mrs Dixon are remaining with the Company for an interim period to visit the remaining Corel users and to assist with details in order to ensure a smooth transition. Mr Brad Ball has been appointed the position of Senior Vice President, Worldwide Sales and Marketing. Mr. Ball was previously employed by McDonald's USA (NYSE:MCD), where he held the position of Senior Vice-President, Marketing. "So far Corel has been caught in a vicious circle by not providing the customer with enough value and therefore not building a large enough revenue base", said Mr. Ball, "McDonald's has always been the best at giving our customers great values like two Big Mac sandwiches for two dollars... there is no doubt in my mind that the same strategy will work for Corel, too." Incorporated in 1985, Corel Corp. is a developer and marketer of productivity applications, graphics and Internet software for the corporate and retail markets. Corel's products, which most of the time run on most operating platforms, are consistently rated among the strongest such products to be produced by a company based in the greater Ottawa region. The company's product line, which even today still includes CorelDRAW(TM), Corel(R) WordPerfect(R) Suite, Corel VENTURA(TM) and Corel(R) WebMaster Suite, ships and regularly sells in over two languages through a network of more than one distributor in two countries worldwide. For more information visit Corel's Web site at www.corel.com. Further information: Final Quarter Results will be released on March 25, 1999