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Technology Stocks : Macromedia...making a comeback?

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To: Nitrous who wrote (2548)10/9/1999 10:03:00 PM
From: BrooklynDave  Read Replies (1) of 2675
 
Nitrous, Macromedia mentioned on CNN MoneyLine :

Robin Griffiths, technical analyst at HSBC securities, shares three of his favorites. >> My three stock picks are coca-cola, merck, and macromedia Coca-cola was about the most depressed stock in the dow jones 30. It fell 50% down from it's all-time high over the past 18 months with a bad year. From now on things should get better and still one of the great business franchisees. Merck is a drug stock, fell for a 12 month period and now starting to do good deals on the internet, launch new products. I think it will lead the way to new higher highs. "Macromedia is different. Right at the sharp end of the market with the internet plays, one of the best stocks in the sector. About to make a new all-time high breakout. Always a technical buying signal." Lauren: Those are the picks of Robin Griffiths, not CNN tveyes.com
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