Reuters: Corel Shares Sink As Profit-Taking Surfaces | Linux Today

Reuters: Corel Shares Sink As Profit-Taking Surfaces

Written By
Web Webster
Web Webster
Dec 13, 1999

“Shares in software company Corel Corp. suffered a reversal on
Friday as market players took profits and started to question the
recent feeding frenzy for any stock linked to the Linux computer
operating system.”

“Ottawa-based Corel has been squarely in the buyers’ spotlight,
as has any company on either side of the border that has been able
to boast of any connection to Linux.”

“One trader attributed some of the selling of Corel on
Friday to a segment about the company aired on CNBC…”

Complete
story
.

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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