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: Thomas A Watson who wrote (6081)	1/23/1999 12:53:00 PM
From: QuietWon	Respond to of 9798

thx, Tom - like your style - just started a new thread for things like your post - New thread after hrs - type Tech Canada or click on link techstocks.com

To: Thomas A Watson who wrote (6081)	1/23/1999 1:33:00 PM
From: VerificateASAP	Read Replies (1) \| Respond to of 9798

Kramer, Microsoft is getting expensive for a many a competitor. The object of the game for computer manufacturers is to sell computers out the door at the best consumer price. If I was a large computer manufacturer I would sell my Computers with quality brand name software products that is a product compatible with our computers. Buy a similar computer and Microsoft software could say cost you 2500 US. Buy a computer and Corel software could say cost you 2300 US. How many more computer manufacturers might do business with Corel. There must be more EOM deals in the works? Secondly Kramer you dont even report the savings that Corel will have because they have no more expenses related to the hardware divisions. These huge savings in R&D will result in a very streamlined operation. No more lavish spending on risky products. Corel's concentration or main focus is on products that sell very well. Read my lips. This will add 2 million dollars more in profits to the bottom end per quarter. Did you forget to add that to your calculations Kramer? Did you do a rush job on your report without doing your homework? You say reduce on strength which really means go out and buy the stock on weakness. Sure im really going to reduce on strengh. I will add to my positions on weakness. Also werent you the one who recommended Corel at 9 dollars a share a year and a half a ago when all the insiders were selling when the enevitable thing happened to you. HINT: THE STOCK PRICE COLLAPSED. I call it your glamour nonsense report. Please save yourself more embarrassment and recalculate your figures. You should be putting your clients back into Corel at these levels: the stock will double or even triple from here. Put out a buy recommendation. You will make your clients money. You also say in you report that cash reserves rose to 24.5million. Why didnt you make a note what the cash reserves will be at the end of the year. You said on your report they are expected to make 22 cents US for the year end of 1999. They will be a saving of over 8 million dollars from expeditures on the hardware products. These products have been divested for a 25 % equity in a high tech company. Now add the 8Million in savings+19Million in earnings+24million Present cash flow. Did you forget that by year end based on your report they will have cash flow growth of double last years to over 50 million dollars. Did you also note that 2 years ago they had 80 million dollars in cash and presently they have 24 million and now they have two products they will derive major revenues from. By year end they will have over 50 million dollars. Not bad for an aquisition. Profits profits and more profits by the following year will bring even more doomed embarrassment to you. Do not make the same mistake twice. Are you being paid by your bosses to calculate your figures in the wrong manner. Why dont you get it right this time. Make your clients money. Call back Corel to get things right. Dont be surprised if Corel throws mud back in your face. Do you like this abuse. I am just stating all the facts to you.