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[News] Corel in deep...troubleANN.lu
Posted on 21-Jul-2000 14:06 GMT by Teemu I. Yliselš4 comments
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Contrary to what their CEO was telling only last week, the Amiga, Inc. partner Corel is in serious financial difficulties. They told the US Security and Exchange Commission that their cash pile will be in the red by half a million dollars by the end of August. This means the company is forced to cut down on its operations and staff in order to survive. Here's a link to The Register's story.
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