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 (6165)	1/31/1999 6:02:00 PM
From: VerificateASAP	Respond to of 9798

To Wizzer and Corel Faithfuls. I had a very busy weekend. Business as usual. Money never sleeps. Here is an analysts report to add to the many more future analyst reports that will come out in the near future. I will tell you this I fielded a lot of calls this weekend from all over the USA. I am not promoting the stock. I will continue acquiring shares in this company and add to the current position I do have. I heard many good things about Corel. This report will drive the message home again to all you Corel faithfuls. Hint here is an analyst who does his homework. Alex Baluta of Meryll Lynch 19 January 1999 TECH TID-BITS CANADA Meryll Lynch ALEX BALUTA Brief Comments on Industry Trends for Canuck Tech Stocks Reason for Report: Company Updates All price references are as of the close on January 18th, 1999. ____________________________________________________________________ Corel- THE " CASH COW" COMPANY Corel(ycos:C$7.20 cosff:US$4.84;D-3-3-9) An article in a major Canadian newspaper over the past weekend mistakenly suggested that Corel has frozen all new product development for the next two years. This is incorrect. What Corel has done over the past several months is gain a much needed focus on its core business, and had divested itself of pretty much everything else. Today, Corel continues to upgrade and develop both its Office Productivity and Graphic product suites. The Company is also continuing development of Linux versions of these two core products, as well as Linux-based "thin" computers. The most important development development at Corel over the past two years, and in our view it saved the company, is the recognition of the "Cash Cow" potential of the Office Productivity and Graphics product lines. Focus and cost control mean profitability, which leads to flexibility. With all of the recent divestiture news in the market, Corel can concentrate (and focus attention) on highlighting the path forward. We have always maintained that Corel's "legacy" products (both Office Productivity and Graphics) can be very profitable lines if not major engines of growth. In our opinion, a continued and sustained valuation expansion now depends on two things: - Proving that the company can manage the existing "cash cow" product lines with increasing profitability (consistently). - Acquiring or developing new products that can generate sustained revenue growth. Alex Buluta