“It looks like Corel Corp. (CORL) may finally be losing its
balance. The company that wobbled but wouldn’t fall down now can’t
seem to pare back enough to please frustrated investors.”
“Only a few months ago, Corel chief Michael Cowpland was riding
high on the wave of this year’s hottest software product. Corel’s
Linux package seemed like it would lead the company away from its
shaky stance. The stable, affordable operating system is indeed
growing in popularity.”
“Unfortunately for Corel, Linux is not proving as successful
in the markets. Investors’ hunger for stocks associated with the
operating system have so far been short lived. After reaching
an astounding high of US$44 in January, Corel turned south again,
to hover around its current level of US$3.