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."
Complete Story
Related Stories:
- CCN: Corel LINUX OS Tops 100,000 Downloads on CNET Site...(Dec 24, 1999)
- LinuxPR: Corel Acquires Ownership Stake In Professional Service Group, LinuxForce Inc.(Dec 22, 1999)
- Inter@ctive Investor: Corel plunges on 4Q profit warning(Dec 22, 1999)
- Linux Journal: Corel Gets Creative with Linux Desktop Development Plan(Dec 21, 1999)
- Red Herring: Losing our religion(Dec 21, 1999)
- Boston Globe: Linux breathes fire into old-time Microsoft rival(Dec 20, 1999)
- Consulting Times: Corel Ceo - A Visionary by Any Other Name(Dec 19, 1999)
- Red Herring: Corel CEO shills for stock by loving Linux(Dec 18, 1999)
