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

To: A. Reader who wrote (867)	12/9/1998 7:27:00 AM
From: A. Reader	Read Replies (1) \| Respond to of 1094

From the desk of Dr. Michael Cowpland Committed to Profitability and Compatibility Q3 Results Show Return to Profitability I am extremely encouraged by the way our recent Q3 results were received by both analysts and the media. Headlines like "Corel Returns to Profitability" in the Globe and Mail and "Corel Returns to Operational Profits in Q3" on TechWeb are proof we are on the right track. We have posted an operational profit – more than $8 million – before subtracting the one-time restructuring fee from our expenses. In 1998 we focused on returning Corel to profitability while continuing to turn out award-winning graphics and business applications. corel.com

To: A. Reader who wrote (867)	12/9/1998 7:28:00 AM
From: A. Reader	Respond to of 1094

Cowpland still aboard high-tech rollercoaster Among the more amusing metaphors in Ross Laver's book on high-tech dynamo Michael Cowpland is that of an out-of-control bumper-car driver who lurches from one disastrous collision to another. And walks away unscathed? Not quite. Over the last decade, Cowpland's Corel Corp. has lurched from one strategy to the next in his endless quest for the Next Big (Technology) Thing that will line his pockets with Gatesian wealth. But playing chicken in the real world of business is not like crashing about in bumper cars. People do get hurt. Over the past few years, Corel's shareholders have watched in horror as hundreds of millions of dollars have evaporated from Corel's net worth... globeandmail.com

To: A. Reader who wrote (867)	12/9/1998 7:29:00 AM
From: A. Reader	Read Replies (1) \| Respond to of 1094

Report on Business Magazine ... And as we see in Random Excess, Cowpland's entrepreneurial flightiness is one of the reasons for Corel Corp.'s current troubles, only this time the 55-year-old CEO experimented directly with shareholders' money, not his own. robmagazine.com