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


To: James P Shaw who wrote (6194)2/2/1999 11:08:00 PM
From: micromike  Read Replies (3) | Respond to of 9798
 
The high volume over the last days would indicate (IMO) a lot of people trying to get quick gratification (quick cash) on Corel stock.

I've been watching Corel for a while now and have noticed that before the quarter report the price soared with large number of traders and large volume. This would indicate to me that small players were buying. Now after the quarter the price is flat with fewer traders but still very large volume. This would indicate to me that the big fish are in. Now what I don't understand is why are the big players in considering there is very few brokers following Corel and most analysts say Corel has no hope for rev. growth without any new products.

Zacks presently has ZERO brokers following them.
quote.yahoo.com

I just don't get it. My guess is that ---
1. MM manipulating stock but the price is flat not going anywhere presently.
2. A buyout coming down the road considering Cowpland is a total disaster as a CEO and he can't even manage his own finances but he is a wealthy person when he pumped and dumped his shares last year. Were is the justice when a person can pull this off and now if he gets bought out he makes even more money.
3. Bre-x type scam and the stock drops like a rock.
4. Cowpland resigns

This one is hard to figure out.

If and when the sellers dry up the price should rise but I don't get it and I sure will not till some news comes out.

JMHO
Mike