“The Ottawa company announced on Wednesday that it expects to
report a loss of about 14 cents U.S. a share on about $61 million
U.S. in revenues for the quarter ended Nov. 30. The official
release date for the actual numbers is Jan. 18….”
“Amid concern that Corel is focusing too much on Linux, the
company’s president and chief executive, Michael Cowpland, stoked
speculation on that front after he was quoted saying that Corel’s
non-Linux products are becoming “less and less
significant….“
“In terms of over-emphasis, it is a tendency of Cowpland to
focus on the newest area that they are entering and to talk up the
potential that’s there,” said Jean Orr, an analyst with Bluestone
Capital Partners LP in New York.”