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

To: Alomex who wrote (5142)	4/25/1998 1:32:00 PM
From: Alomex	Respond to of 9798

Folks, as I said before, the only new investors left here are the ones who deserve to lose their money. Apple is a good example of how many changes have to occur before a company returns to profitability. Neither Spindler nor Amelio had the guts to go all the way and fix what was wrong with Apple. We had to wait until Jobs took over, and even then it took him over seven months to post a profitable quarter. If Corel ever starts down the path of reforms, we'll have sufficient warning. Until then, so long...

To: Alomex who wrote (5142)	4/25/1998 2:02:00 PM
From: JC	Read Replies (1) \| Respond to of 9798

Alomex, the reason why I bring up Apple here is to show that you have no investing saavy or credibility. How much money have you made off of Apple and Corel? Perhaps I should correct that statement. How much money have you LOST off of Apple and Corel? You should either put your money where your mouth is (and lose it), or you should shut up and stop acting like an investment guru. You can't be both wrong and arrogant. Do you realize how moronic you seem when you are bearish on Apple at 13 and then shortly afterwards turned bullish when it became 25? By the way, in your previous post you had affirmed that you were neutral on Apple. Now you say you are bullish and that I cannot read. You remind me of Cowpland and his vacillations between corporate strategies. Your shorting strategy on Apple and Corel are masterpieces, from the perspective of hindsight. If only I could have the same benefit and go long on Apple at 12 3/4 and Corel at 1.40. Of course, you forget to take into account such trivial things as commissions, high short-term taxes, not getting in and out of the stock at exact highs and lows and the general risk that you are a peon, and have no real clue what is going on in either of the companies. Oh, except that thousands of smart people are working to improve them, many of which are far more intelligent than you. Balancing all of those factors in practice would leave you with a far smaller gain than 300% and possibly even a loss. And while I am currently in the red on Corel, my average purchase price is well below $5 a share. In other words, I BOUGHT my Corel shares far cheaper than you SOLD them. No worrys though, I have huge unrealized profits from APPLE which more than cover my meager Corel losses. Besides, I'm sure soon enough you will be buying my Corel shares from me at $6. I appreciate the generous offer of paying for my remedial reading classes when you make your first million, but I'm afraid the closest you will get to a million dollars is by standing in a bank or by seeing a little "-" sign in front of the million for all the bad investment calls you've made. I suggest you put your money into a mutual fund or buy government or bank bonds, because you are nothing but trouble for your personal finances.