Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Sans Souci who wrote (6063)	1/21/1999 3:56:00 AM
From: VerificateASAP	Read Replies (1) \| Respond to of 9798

Corel High Today will be 10.40 high 8.40 low close 9.40. A breakout is imminent once every analyst redefines their earnings model of the corporation. The shares have a very good chance of getting now to 15 dollars by the 2nd quarter. The analysts, and if i was one, will put this company on their buy recommendation list. Management are very professional in the conduct of the corporation. I am very impressed. Remember they did not have any major releases on any of their big product lines last year but still managed to bring in 67 million dollars in revenue for the last quarter. Expenses are very controlled now while R&D will not expand beyond the quarters last norm by 10 to 15%. That is all that was needed to bring the corporation to fruitation. Cost control. High executive management directive decisions. All very positive influences. In the second quarter of the corporations year(1999) the new versions of their new updated well reviewed product lines should be major growth revenue generators adding to more profitability unto their bottom lines. We could see a growth rate of 30% in sales with profits growing exponentially with that sustained rate of new product sales from their new product launches. Earnings on the low end I predict will be 50 cents a share US and as high as 80 cents if the growth rate kicks in by mid year. Wall Street loves growth and so do I when cost controls are maintained. Trust me the momentum players will jump in as well. If the growth in earnings and sales is about 30% then the companies earnings can commend a 30 times price earnings ratio. Wall Street and Bay Street will look at these new models and project the earnings ratio against future possible earnings. In coming weeks all models will have to be updated. At 50 cents Us and at 30x multiple the stock should reach 15.00 Us At 80 cents Us and at 30x multiple the stock should reach 24.00 Us The stock in the interim is very very very cheap. The stock should rise to much much higher levels from here. This is a productive analysis of things to come. Any other questions pose them to the forum.