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Technology Stocks : Corel - Investors with no Humor -- Ignore unavailable to you. Want to Upgrade?

To: A. Reader who wrote (713)	6/28/1998 1:36:00 PM
From: A. Reader	Read Replies (1) \| Respond to of 1094

Starting logfile IrcLog.#corelcomputer IRC log started Fri Jun 26 16:31:10 1998 randomc.com

To: A. Reader who wrote (713)	6/29/1998 2:29:00 AM
From: Kashish King	Respond to of 1094

This is why you're better off buying real wallpaper versus shares of Corel. There is no way for Corel to compete with the various terminal makers, Sun Microsystems, IBM and a long list of other companies who are forging ahead in the struggling Network Computer market. Cowpland feels comfortable with it because he has a ready point of blame after the inevitable failure. My guess is Cowpland's unwise foray into NCs is coming apart at the seams. Instead of developing software parts to drive a whole host of new products Cowpland was off on these wacky tangents and squandering shareholder's money. The success of Adobe, Broderbund, Visio and a host of other companies really serves to highlight Cowpland's personal ineptitude. In its second-quarter report, Corel said the 530 Utah engineers weren't needed because that product line, largely WordPerfect, has reached maturity. Let's see if I have this straight: It's a mature product today but for the last two quarters these people were all critical? Is it any wonder Cowpland has ZERO credibility? These Customer Support Reps (or "engineers" in Corel-speak) were critical to the company for the last two quarters because Bozo the Cowpland had no intention of laying off anybody until his hand was forced. It's another sign of Cowpland's incompetent management ability.