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

To: bcoch who wrote (6074)	1/22/1999 11:38:00 AM
From: Wizzer	Read Replies (1) \| Respond to of 9798

Several of us previously tried to inform the thread of what this article is saying. This direction taken by MC is another extreme in the opposite direction. I don't mind a CEO promising a profit, but at what cost? This is a prime example of what MC does....he shoots off his mouth to the point where he has to do something radical to live up to his promises. Most investors should be aware that the market values forward earnings, revenues and growth. Corel's prospects in this area are weak with the current plan for the company. Yesterday's high of $7.70 was caused by "lemming" buying on hype that Corel was expected to have a profit for the first time in a couple of years. Corel will break down below $6 either today, or next week. Unfortunate that this has happened. Regards, Wisam