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

To: Steve who wrote (5632)	10/2/1998 6:34:00 PM
From: Wizzer	Read Replies (1) \| Respond to of 9798

One would have expected profit taking as the stock moved up in the high $3 to low $4 Canadian, since many bought below $2. It has rebounded today but I suppose we will have to wait and see what happens in the next 3 months. I wouldn't argue that Corel's numbers will be better in the 4th quarter, but I am really skeptical of accounting procedures in many technology stocks that are in trouble. In my opinion, there will be lots of resistance moving up, if it does, as many will sell their previous high dollar stock. Count me in for one of those that will likely sell if it gets over $5 CDN. At the time, I would have to think very hard about whether I want to continue with the Corel saga. Regards, Wisam