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

To: A. Reader who wrote (6009)	1/15/1999 4:02:00 PM
From: 16bit	Read Replies (1) \| Respond to of 9798

Corel looks to be flirting with $5.00US again. On 1/5/99 we crossed over $5.00US and then fell back to low $4.00US and even dipped below $4.00US on Wednesday. So, will it happen again? Is this the time to take profits and buy back on a dip? Also, how will the market react to a Corel profit? It's been so long since they have had a profit it's hard to predict. I don't believe the market really trust Corel yet nor does it believe Corel has a long term potential. That also seems to be the markets feelings about AAPL. My feeling is that Corel may react the same way APPL has, a run up prior to earnings announcement with a subsequent sell off after earnings. Byron

To: A. Reader who wrote (6009)	1/16/1999 8:44:00 AM
From: A. Reader	Read Replies (1) \| Respond to of 9798

Corel goes back to future When Corel Corp. CEO Michael Cowpland says the firm is setting a new course, it doesn't come as a surprise. But the firm's latest turn, on a map that's travelled far and wide, is unexpected. Known for his hi-tech gambles, Cowpland has turned conservative. Corel doesn't plan on releasing any new products in the next two years and will instead try to boost business selling new software versions to existing customers. "We're not close-minded on new products. We just don't see the need," he said. "Our goal is to custom develop the existing ... product." Analysts say it adds up...... canoe.com