CNET News.com/Reuters: Corel's stock climbs amid CFO departure news
Dec 17, 1999, 01:28 (0 Talkback[s])
"Traders kept a close eye on Corel's market performance after a
24 percent plunge on yesterday as the software developer announced
the departure of Michael O'Reilly."
"Analysts said the surprising departure of O'Reilly--key to the
firm's return to profitability and control of expenses--was a blow
to Corel's credibility."
"Despite that, investors snapped up Corel shares as chief
executive Michael Cowpland appeared at The Bazaar, a New York trade
show for Linux and open-source software development."
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