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Technology Stocks : Corel - Investors with no Humor -- Ignore unavailable to you. Want to Upgrade?


To: A. Reader who wrote (922)2/11/1999 9:23:00 PM
From: Frank Ferrari  Read Replies (1) | Respond to of 1094
 
Are there any other cynics out there who see this as nothing more than a poorly veiled attempt to get attention?

Cheers
Frank



To: A. Reader who wrote (922)2/12/1999 8:49:00 AM
From: A. Reader  Read Replies (1) | Respond to of 1094
 
Corel eyes poison pill
COREL Corp. spent a second day yesterday fending off strong rumours that the company is making plans to fight off an upcoming hostile takeover bid.

The rumours were fanned by a board of directors' meeting held yesterday to pass a poison pill, or shareholders rights, plan that can be used as a defence against any unwanted bid.

Corel spokesperson Nicole Sanford said it was "absolutely pure coincidence" that the plan was discussed at a time when rumours are spreading through the investment community that the company is preparing to fight a hostile bid...
canoe.com