Ottawa Citizen: Corel's latest loss comes with more warnings | Linux Today

Ottawa Citizen: Corel’s latest loss comes with more warnings

Written By
Web Webster
Web Webster
Jun 21, 2000

The biggest cost-cutting at troubled Corel Corp. still lies
ahead. And with less than $10 million in cash on hand, retailer
resistance to stock Corel products and weak Linux sales, the
company faces a tough struggle for survival.

“Duncan Stewart, an analyst with Tera Capital in Toronto, said
yesterday sales of Corel’s growing lineup of products for the Linux
alternative operating system could still take off.”

“Linux may yet herald a new dawn, but will Corel be around to
enjoy the sunrise?”

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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