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

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

Written By
Web Webster
Web Webster
Dec 24, 1999

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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Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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