T.COR a Buy!! Buy!! Buy!!They will be settling some of their class action lawsuits shortly...why??? because they are entering a new phase in their development and their stock price is about to increase significantly!!!
There is something to rumour that they are going to enter the discount PC market...they may not be partnering with INTEL...but I bet they are negotiating to use their processors...expect news once the class actions are settled (any day now, the offer has been made)...and the market settles down...I'm in COR at $19.15 and will hold on for $30+
read this article:
Corel talks threaten Microsoft: analysts
Linux discussions with Intel could spawn
long-term revenue and a serious rival to
Windows
SIMON TUCK
Technology Reporter
Monday, March 13, 2000
Ottawa -- Corel Corp.'s talks with Intel
Corp. and at least one computer maker to
produce a new line of cheap personal computers could lead to significant long-term revenue for the Ottawa software maker -- and produce a serious threat to Microsoft Corp., analysts say.
Corel's chief executive officer, Michael
Cowpland, said last week his company is in
talks to produce a line of Linux-based,
low-cost computers with semiconductor
giant Intel and at least one PC maker. PC
Chips Group of Cos. of Taiwan later said
it's one of the manufacturers involved in the
talks.
The possible alliance has the potential to
create and exploit a strong market for PCs
costing less than $1,000, analysts say, which
could translate into a golden opportunity for
Corel and a long-term problem for software
powerhouse Microsoft.
"Ten years from now, it's possible nobody could be using Microsoft," said Duncan Stewart, a portfolio manager at Tera Capital Corp. in Toronto. "If you're in there early enough, it could be a real money maker."
Jean Orr, a technology analyst at BlueStone
Capital Partners LP in New York, said the
possible alliance has long-term potential.
"It's not something I'm going to say will be
successful, but I think there's an opportunity
there," she said. "It's very early now."
Linux is a free operating system that has in the past appealed mostly to technically oriented computer users, but is now seen to pose a threat to Microsoft's dominant Windows platform. Although its greatest market success has so far been in the
computer server market, analysts say Linux could find a tidy fit in the sub-$1,000 PC market because it's reliable, fast and cheap.
Ms. Orr said Corel will likely offer its Linux-based operating system at a rock-bottom price in a bid to help boost the user base, then try to sell its software to that new market. "There are a lot of ifs between here and there."
If a deal reaches fruition, Mr. Stewart said
Corel could generate additional revenue of about $35-million a year, which would be almost all profit.
"This could be a real revenue generator."
A spokesman for Intel of Santa Clara, Calif., said the company has been moving quickly to ensure it doesn't miss the Linux wave.
Intel said earlier this year that it plans to release its own Linux-based Web appliance as early as July. And while giving the keynote speech at last summer's massive Linux World conference, Sean Maloney,Intel's senior vice-president, emphasized the company's adaptability for Linux-based systems. He later joined Intel chairman Andrew Grove to demonstrate the effectiveness of a Linux operating system on
an Intel server.
Intel has also been working with a variety of
other companies -- includingHewlett-Packard Co., International Business Machines Corp., SGI Inc., and VA Linux Systems Inc. -- on something called the Trillian Project, a bid to develop a Linux port for an Intel server.