Macromedia...making a comeback? Message Board

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Technology Stocks : Macromedia...making a comeback?

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To: que seria who wrote (2617)	2/29/2000 9:10:00 PM
From: Ron Kline	Read Replies (1) of 2675

Glad to see you do so well with MACR. I bought around there, and I like two things you said. One is you took a small position, and you said it was retirement. I find that people who take smaller positions tend to do better with less money because the are psychologically able to handle the ups and downs. People who buy stocks in their retirements tend to look and things in a longer term horizon and therefore can make big gains from holding. I think that Macromedia does need to constantly change technologies to keep up and I think they are doing it. They have been around the block longer than most and I think they learned already many lessons in this in the past. They are also doing much better PR, I see a big billboard off the freeway in the Bay Area that is quite well done and is getting their name out there. I also like the fact that Valueline ranks them 1 for performance, and I've found they do a pretty accurate job of forcasting. Overall I see no reason to sell a stock that has done very well in the last year in earnings and stock appreciation. Ron

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