SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Corel Corp. -- Ignore unavailable to you. Want to Upgrade?


To: Bill Keating who wrote (5935)1/4/1999 1:11:00 PM
From: frijo  Read Replies (1) | Respond to of 9798
 
Bids look incredibly strong today on TO.It looks like it will go to $8 buxs.



To: Bill Keating who wrote (5935)1/4/1999 2:38:00 PM
From: Bill Keating  Read Replies (1) | Respond to of 9798
 
EOM



To: Bill Keating who wrote (5935)1/4/1999 3:35:00 PM
From: JC  Read Replies (1) | Respond to of 9798
 
Bill Keating,

Everything you say is pretty much correct, however, it's old news! Corel has pared down it's operations and focused. The market loves that, which probably explains a significant part of Corel's recent rise. After it's current rally it's still only trading at 1X sales, an extremely low valuation by any yardstick in the software industry. Also, 1999 will be a great year for Corel as it is rolling out new versions of WordPerfect and CorelDRAW. Don't be suprised to see Corel net US$.75 or more in 1999.

More conservative elements in Corel's management have gained more influence as Michael Cowpland has been frightened by his company's recent near-death experience. Oh, I think Linux is a good bet for Corel's future. *IF* Linux does take off, Corel will have a leading position in that market, even if it doesn't, it will have a dominant position in a small market. Also, Linux doesn't pose the same technical challenges to a software developer as Java does.

Corel will hit at least US$8 sometime in 1999. I expect a correction of some sort in the share price after it's quarterly results are released unless they net some truly amazing amount of money like US$20 million. Remember that my prediction of at least US$8 is not for January 1999, but for *all* of 1999. Good luck!



To: Bill Keating who wrote (5935)1/5/1999 5:18:00 PM
From: Steve  Read Replies (1) | Respond to of 9798
 
glad you feel that way. Even if Linux is marginally succesfull it is huge growth potential for WordPerfect in the corporate sector. Corel is first to market with the Linux product and will probably be the only name brand for a while. Corel doesn't need Linux to take over the world in order to benefit. Linux will easily give Corel a couple more million users through Linux. The Netwinder and NC products will probably evolve into ISP server products and mission critical servers. If I were CEO of Corel and was desperate for new growth areas in high tech the first places to look would be everywhere microsoft is not, thin client computing and open source software. A bit of a gamble? Yes, but logical. Double digits by mid Feb and a big piece of humble pie for you. I am sure they have a few more OEM agreements and partnerships in the works, to boot.

cheers