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

To: bdog who wrote (5123)	4/21/1998 2:44:00 PM
From: Wizzer	Respond to of 9798

Bdog, Cowpland has historically done well at getting a new technology firm off the ground and rolling upwards. I have done minor research on him and it appears as though, once the company is well established, if he does not leave there will be problems. The stock will suffer and he will make huge mistakes in the direction of the company. This could be some sort of personality flaw, as in, once he's sure the company is doing well he takes ridiculous paths and risks in the hopes of making the company a "giant". These directions typically have not gone well with him personally. Perhaps, others can elaborate. As far as why I have not sold yet, I am in at $5.35 and have only lost a few hundred bucks as I don't own that many shares. It was my first attempt at buying what I thought was a "blue-chipper", and was hoping that Corel's troubles were over and there was nothing but "blue" skies ahead. I was wrong, but I am in for the long haul as I don't see any value for me in selling at a loss right now. Those that have bought much more shares at a much higher price would probably have more to say in this regards. There are many people that bought in the high teens and 20's and held on.

To: bdog who wrote (5123)	4/21/1998 4:23:00 PM
From: Alomex	Read Replies (1) \| Respond to of 9798

"mental illness" is not the issue, not at least in a clincal or truly explanatory sense. I'm not a psychiatrist, but I've read about Cowpland's since the days of Mitel, and followed his actions for the last two years and the explanation that best fits my limited facts is that he has a really distorted view of reality. Now look up in a medical volume under the definition of "mental illness". I have called him in the past a "pathological optimist" since I feel this is the best term to describe how he can keep issuing "positive outlook" press releases after ten quarters of an underperforming stock. There is a fine line between genius and madness. IMHO Cowpland went to the other side with this WordPerfect thing. Who could blame him? The pressure must be enormous. Just to reiterate, I'm not a psychiatrist, so I could well be wrong. This is only my own subjective opinion.