Globe and Mail: Another ride on the roller coaster

[ Thanks to Kevin
for this link. ]

“Corel Corp.’s perennially optimistic chief executive officer,
Michael Cowpland, found himself in the midst of another corporate
drama this week after his company’s deal with Inprise Corp. fell
apart and plunged Canada’s best-known software company into a cash

However bad the news for Ottawa-based Corel, its
charismatic founder has always presented a sunny face. Falling
sales, executive resignations, an aborted merger, cost cutting that
could lead to layoffs — nothing seems to faze Mr.

“We’re in great shape,” Mr. Cowpland said at the press
conference announcing that Corel and Inprise were cancelling the
deal, originally valued at $1.1-billion (U.S.).”

“Mr. Cowpland stood before reporters and told the world he was
“having more fun than ever” when asked whether he was growing tired
of his company’s constant roller-coaster ride.”

Complete Story

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