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Ottawa Citizen: Linux fever drives Corel shares up 19%

Aug 12, 1999, 16:51 (0 Talkback[s])
(Other stories by Bert Hill)

[ Thanks to Peter Crane for this link. ]

"Corel Corp. stock jumped 19 per cent yesterday on the strength of positive U.S. news coverage and investor enthusiasm over the Linux operating system."

"Trading of the software company's stock in the U.S. was four times heavier than usual with an article in the Wall Street Journal appearing to provide much of the fuel.

"Canadian investors, who had already heard the news in The Journal article about Corel's recovery from a near-death experience fighting Microsoft, belatedly got on the bandwagon with trading volumes about twice normal levels."

Complete story.