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


To: micromike who wrote (6035)1/19/1999 11:59:00 PM
From: BrightFuture  Read Replies (1) | Respond to of 9798
 
any thoughts why the stock closed down today especially with the much anticipated earnings report out tomorrow..?




To: micromike who wrote (6035)1/20/1999 12:21:00 AM
From: Wizzer  Respond to of 9798
 
When the earnings are released we will know if Corel's rev is growing or just due to cost cutting will post a positive EPS.

I believe it will be the latter. They will derive a positive EPS through cost cutting and reduced expenditures, and either flat or slightly increased sales. I hope for all that are holding this stock that this does not happen.

The recent NR seems to confirm that Corel is pinning it's hopes on sales from current prospects. Growth will be difficult with this direction. It appears Corel goes from one extreme to another.

Regards, Wisam