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


To: Charlie Yang who wrote (5863)12/17/1998 8:55:00 PM
From: Douglas  Respond to of 9798
 
Your comments reflect my sentiments exactly!The price to sales ratio of 1:1 is extremely cheap for a profitable company,2.5 to 3 would still be reasonable.I would also add that Corel lost 7.8 million(.13) last quarter because of the 16 million or so write-off.If this quarter is as good with no sales growth,there is no reason Corel couldn't earn 8.3 million or .14 per share.IF you we're to annualize this,we would be looking at .64 per share U.S.What would that be worth?A heck of a lot more than $5.Of course this is only speculation,they still must do the numbers.

Douglas