Macromedia...making a comeback? Message Board

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Technology Stocks : Macromedia...making a comeback?

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To: Patrice Gigahurtz who wrote (1560)	7/25/1997 11:14:00 PM
From: Martin Olsen	of 2675

Patrice, since you asked what drove me to invest in MACR... I bought in at 10 a few months ago after watching it slump down from the high teens. When it was around 15, a friend/ colleague said that he was very optimistic about the company's future based on its products (Director, specifically). I trust his judgement since he is a very active technophile. And, noting that the stock appears to be hated on the Street helps tremendously. (Similar story was with AMD about a year ago - I bought at 17, it slumped all the way down to 10, with "Strong Sell" ratings everywhere. Went up over 40 not too long ago with "Strong Buy" all over the place. Go figure. [I of course bailed waaay too early]) Perhaps this will be the quarter that MACR breaks loose from the contempt of Wall Street... Any TA people have anything to say about the recent rise? Hope your investment pays off, Patrice... -Martin

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