"Although the Ottawa-based company has improved its cash
position since fall and has made profitable investments, things
will not be looking up any time soon, said Corel
""We expect results for the next two quarters will mirror those
experienced in this quarter," said Mitch Desrochers, controller and
vice president of finance at Corel. "We continue to examine our
cost structure while focusing more resources on emerging markets
such as Linux.""
"Corel hopes its new Linux-based offerings will help boost its
bottom line. On Tuesday the company is expected to ship its
WordPerfect Office 2000 desktop-productivity suite for the Linux
platform. The Standard Edition carries a suggested retail price of
$109, while the Deluxe Edition will be available for $159."
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