Corel raus oder rein? - 500 Beiträge pro Seite

[sulta]

Wird Corel derzeit bei 4,80 Euro sich wieder erholen?
Wer hat neue Informationen?

[peppipeanut]

Corel suggests its Linux line could be sold
11/20 11:27
(In U.S. dollars unless noted.) By Susan Taylor OTTAWA, Nov 20 (Reuters) - Shares in Corel Corp. slid by as much as 5 percent on Monday after the struggling Canadian software developer said it may sell its Linux product line in a corporate review of operations. Corel, best known for its WordPerfect and CorelDRAW software, sales of which are slumping, entered the Linux sector last year saying it promised a substantial new revenue stream. Linux is an alternative computer operating system to Microsoft Corp.`s market-dominating Windows. Corel`s former chief executive, Michael Cowpland, who resigned from the company in August, had predicted Linux sales of $20 million this year. Corel has sold $6.1 million in Linux products in the past nine months. Corel said as part of a recently started corporate review that its Linux business unit must be bigger to be successful. The company is considering an acquisition of technology to add to the Linux unit, or its sale, a spokeswoman said. A decision will be announced in December or January. Corel is reviewing all of its operations in a push to return to profit, said spokeswoman Anne Vis, and Linux represents just one element of the company`s business. The company cut 21 percent of its staff, or 320 employees, this summer as part of a move to save $40 million annually. Linux is an open-source operating system that supporters claim is more stable and flexible than Windows. Corel has developed a range of Linux products, including a desktop operating system and Linux versions of its software products. Former market darlings, Linux firms now face hard times. Most recently, VA Linux Systems Inc. warned its first-quarter sales would suffer due to widespread failure from dot.com companies. Coupled with mediocre sales growth at Red Hat Inc. , analysts said that demand was not growing as quickly as hoped. Corel, which had $11.6 million in cash and cash equivalents at the close of its third quarter, got a $135-million cash injection from Microsoft in October under an product development alliance. Shares in Corel dropped as low as C$5.05 on the Toronto Stock Exchange on Monday before rebounding to C$5.20, a drop of 15 Canadian cents, in afternoon trade. Stock in Corel peaked at C$64.65 last December amid a Linux frenzy on the markets. On Nasdaq, Corel stock dipped to $3-5/16, a loss of 2/16. ($1=$1.56 Canadian)

[wuff 99]

Corel Kurs heute um 27% an der Nasdaq höher gibt es

Zahlreiche neue Nachrichten gibt es bei

Canada.com

Das Kürzel lautet cor-t

[Waldanuse]

Hallo Corel-Aktionäre.

Was ist da los?
Habe von meiner Bank am 16.12.00 ein Schreiben
erhalten mit folgendem Wortlaut:

Freiwillige Barabfindung
Übernahme-/Abfindungsangebot der Vector Enterprises
Frist 20.12.2000 Barausschüttung: USD 1,00
Dies ist ein ungenehmigtes Mini-Tender Offer. Der Ab-
findungspreis liegt evtl. unter dem Marktpreis.
Angemeldete Stücke werden free of payment an den
Anbieter übertragen. Es besteht kein Rückzugsrecht.

Wollen die sich billig mit Corel eindecken?
mfg

[Runni]

Meldung aus c´t 25
Corel denkt über die Zukunft seines Linux-Engagements unter dem Motto ´ganz oder gar nicht`nach. Da das Linux-Geschäft die Erwartungen bislang noch nicht erfüllt hat, gibt es Überlegungen, den Linux -Bereich entweder ganz abzustoßen oder aber massiv auszubauen.

[peppipeanut]

OTTAWA, Jan 8 (Reuters) - Corel Corp. <COR.TO> (CORL) is expected to announce the sale of its fledgling Linux business as part of a corporate strategy it will unveil later this month, analysts said on Monday.

The plan, which will be presented to staff and media on Jan. 23, is designed to return the struggling company to profit and long-term growth.

The news appeared to cheer investors, sending Corel shares up nearly 7.5 percent on Nasdaq and 4.5 percent on the Toronto Stock Exchange. In Toronto, the shares closed up 12 Canadian cents at C$2.75. On Nasdaq the stock was up 1/8 at $1-13/16.

Three main thrusts will make up Corel`s strategy, predicted Duncan Stewart, technology analyst and fund manager at Tera Capital Corp.

"Number one is the sale of their Linux business, number two will be...their renewed commitment to graphics and office suite (software)...and the third will be embarking upon some sort of interesting joint venture with Microsoft," he said.

Analysts are still waiting for details of the joint development alliance that Corel struck in October with Microsoft Corp. (MSFT), Stewart said.

The deal, which saw Microsoft invest $135 million in Corel, is focused on Microsoft`s .NET project to allow Web sites to work together.

Ottawa-based Corel, which is best known for its WordPerfect and CorelDRAW software, suggested in November that its Linux product line could be sold under a corporate review of operations.

Last month, it was reported that Corel had agreed to sell its Linux products to New York-based venture capital firm Global Linux Partners for $5 million. Under that arrangement, Corel would receive a 20-percent stake in the newly formed company, the National Post newspaper reported.

Corel`s 1999 rush into the market for Linux, which is an alternative computer operating system to Microsoft`s market-dominating Windows, failed to pay off amid slumping sales for the company`s mature product lines.

Despite bold sales predictions, Corel recorded just $6.1 million in Linux product revenues in the last nine months, well shy of the company`s $20 million target.

"One of the things that they`ve determined is that what they have currently (for Linux) is not viable in and of itself. "So, one way or another, they have to make a change," said Bluestone Capital Partners` Jean W. Orr, one of the few analysts who still covers Corel.

"It might make sense for them to sell it off or it might make sense for them to build it into a stronger business."

Corel must overhaul more than its Linux operations under the new strategy, Orr said.

The company should find ways to better benefit from its large base of customers, such as aggressive marketing to sell updated versions of its software lines, for example.

"What I want to see them do is position themselves for changes that are occurring in terms of the role of the PC and how do they best take advantage of that," Orr said. "How do they best take advantage of the whole Internet phenomenon?"

The analyst predicts Corel will return to profit in its fourth quarter, posting adjusted earnings of 3 cents per share on revenues of $45 million. Corel is expected to report its results in the last week of January.

[oswald11]

Corel erwartet Gewinn in Q1


Der kanadische Software-Entwickler Corel Corp. meldete am Donnerstag, daß er voraussichtlich im ersten Quartal einen Nettogewinn ausweisen wird, womit man zwei Quartale früher als erwartet die Gewinnzone erreichen würde.

Das Unternehmen rechnet mit einem Nettogewinn in Höhe von 500.000 Dollar im Quartal. Zwei Analysten von First Call prognostzieren Corel jedoch einen Verlust von 3 Cents pro Aktie. Der Umsatz im Quartal soll sich auf 32,5 Mio. Dollar belaufen.

Im Vorjahresquartal mußte man einen Nettoverlust in Höhe von 12,4 Mio. Dollar bzw. 19 Cents pro Aktie bei einem Umsatz von 44,1 Mio. Dollar verbuchen.




Quelle: Finance Online 22.03.2001 16:04