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Montreal Gazette: Corel falls 27%, Software firm expects big 4th-quarter loss

Dec 24, 1999, 15:45 (4 Talkback[s])
(Other stories by Julie Oliver)

"For Corel Corp., it seems there may be no going back - and that its future depends on the Linux operating system."

"The company jolted investors yesterday with an announcement that it expects to show a loss of at least $8.5 million U.S. on declining revenue of $61 million in its fourth quarter...."

"Company executives said Corel is intensifying its efforts in Linux, the no-charge operating system presented as an alternative to Microsoft's dominant Windows personal-computer system."

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