Refers to Cory Haim & Cory Feldmen, 2 actors from the 80's who developped drug habits. Feldmen got off drugs and is now a "C List" celebrity who is stuck doing lame movies like "Bordello of Blood." Haim's career is in the toilet.
"Yo dude did you see that guy, no homo but i wanna be just like him, he is a cory"
"Fat puerto man, I will lick your butt just to get with that Cory!!!"