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Gold/Mining/Energy : Position Trading in Canada -- Ignore unavailable to you. Want to Upgrade?

To: Essam Hamza who wrote (156)	12/15/1998 1:02:00 AM
From: keith massey	Read Replies (1) \| Respond to of 2259

I can't believe I missed COS. Every time I saw it go up I would say - it's a dog, its going to come down just as fast. I should learn to not argue with the trend. The stock is rising on anticipation of earnings Corel stock closed Friday at $3.90, up 19 per cent from the previous week's close of $3.15. Mr. O'Reilly says the Gateway news was positive, but not positive enough to push the stock up a buck. He expects investors are buying the stock on anticipation of fourth quarter result, which is expected to be profitable, the first time Corel has been in the black for more than a year. A strong quarter would be the culmination of a complete overhaul of Corel's sales strategy and the way it reports revenue Best Regards KEITH

To: Essam Hamza who wrote (156)	12/15/1998 11:01:00 AM
From: Ward Nicholson	Read Replies (3) \| Respond to of 2259

COS: ...not my favourite stock, but I cannot argue with the chart. I've actually been watching it quite closely this fall. It's now trading above both short and long-term EMAs so I'd either be long or on the sidelines for now. I'd consider shorting it at $8.00 or so...should run into some serious resistance there, but I haven't seen COS's chart look this bullish (short-term) since 1995. WN