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

To: TOXIC who wrote (4874)	2/28/1998 8:05:00 AM
From: Mr. Bean	Respond to of 9798

Dear TOXIC. Your posts remind me of ConX but in direct opposite. It is interesting that both opinions are very valid and could materialize. They however are both extreme. ConX looks forward to great success while you see doom & gloom. The most valid point made over the last few posts in my opinion is this: Why would any major potential buyer of Corel products put his neck on the line my entering into a large long term relationship with Cowpie's Company because of the unstability we have all seen. The buying decisions are not made by uneducated gamblers willing to lose their jobs. Forget how good the product is. Forget the Hype of what could be. I love WP and Draw. Been using them both for 10 years. If I was in the position to buy. It would not be from Cowpie. NO WAY. Lets all give this some deep thought as the "Salesforce" attempts to sell Corporate America, Europe etc. some Cowpie. BTW I do not own COS, and have no intention to buy at any price. Too many better companies out there to make money on. Yo Bean

To: TOXIC who wrote (4874)	2/28/1998 10:54:00 AM
From: G	Respond to of 9798

Hey yo TOXIC!!!!!!!! cowpland dumped his shares on the mkt at the $7-$8 range. This in effect caused the stock to plummet a couple bucks when it was made public. Overall cowpie would be down 5/8 or 62.5% if he didnt sell. He says he needed the $$$$ to pay off his mortgage. I dont believe him. He sold himself out, is making the shareholders of his company pay for his actions. g

To: TOXIC who wrote (4874)	2/28/1998 5:30:00 PM
From: B. Carrington	Read Replies (2) \| Respond to of 9798

A piece of information for anyone on the thread. The latest rumour going around the legal and financial community in Ottawa is that Corel is planning to sue its auditor KPMG Peat Marwick Thorne for breach of duty ie. the auditors did not follow GAAP with regards to the preparation of the financial statements and was negligent in incorrectly reporting the revenue recognition basis used by Corel. Obviously, Corel will also be changing auditors. KPMG has been the auditors of Corel since day one. It is a strategic move by Corel management to attempt to deflect some of the pressure from the U.S. investor lawsuit. KPMG Peat Marwick Thorne has deep pockets and can take the hit. KPMG also got hit with a $100 million lawsuit from Bramalea this week. This, ladies and gentlemen is a very desperate and potentially dangerous move.