[ Thanks to Benno
Senoner for this link. ]
“Linux fervor continued to fuel massive gains for Corel Corp. on
Monday as the software developer basked in spillover from a U.S.
rush for firms associated with the operating system.”
“Corel touched a peak of C$10.25 in heavy morning trade before
backing off to C$9.15 on the Toronto Stock Exchange, a gain of 85
Canadian cents, or nearly 11 percent. On the Nasdaq, the issue
gained 9/16 to $6-3/16.”
“That follows a climb of nearly 24 percent in Toronto on Friday,
when the issue gained C$1.60 to close at C$8.30.”
“The meteoric rise is linked with a market push for Linux plays
that kicked off on Friday.”
Related Story:
Applix and Corel
stocks up sharply after Applix talks on Radio Wallstreet (Aug
27, 1999)