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TechWeb: Corel Says Sales To Tail Off In Second Quarter

Jun 15, 2000, 22:40 (0 Talkback[s])
(Other stories by Ken Schachter)

"Beleaguered Corel, the maker of WordPerfect and other productivity software for Windows and Linux, said Thursday that second-quarter results are likely to come in lower than forecast."

"After the announcement, the stock, with a 52-week high of 44 1/2, was trading down, at 3 21/32 Thursday, a loss of 3/8, or 9 percent."

"When Corel posted first quarter results, executives said they expected those results to be mirrored in the second quarter ending in May."

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