I hope that drives the shares up. I own 400 shares. My brother bought when it was $42.00 a share and had been hanging onto it. I convinved my dad to buy when it was $4.00, thinking that it would go back up. That was 2 years ago.
Posted by TransLab (Member # 470) on :
Fond memories of Corel, one of the few stocks I made money with... In '99 I bought at $5 and bought more at $9 I rode it up to it's peak (62 , I think) and managed to dump at $48 on the way down .. I took a gain of about 32K , which I subsequently managed to lose with winners like Nortel and Bell Canada International ... such is life
Posted by Pat Phipps (Member # 3617) on :
Sorry Laura, but when this company buys Corel, it has planned to take it back private. This means you will recieve a check for the agreed buyout value. In this case a little less than 1.10 per share less the brokerage firm. This should not be legal, but I have discussed it with my brokerage firm, and they told me to stay out of it for this reason.
