Macromedia...making a comeback? Message Board

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Technology Stocks : Macromedia...making a comeback?

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To: Ron Kline who wrote (2619)	3/22/2000 1:07:00 PM
From: Jim Oravetz	Read Replies (1) of 2675

Briefing.com 3/21/00 Macromedia (MACR 80 -8 31/32) Adams Harkness reiterates STRONG BUY with price target of $115. Company is on track to beat their estimates of $73.2 mln revs and $0.16 EPS (consensus) as Web publishing business continues to pull away from any competition and Shockwave.com is putting together the necessary content to build a highly valuable property that should be spun off later this year. Stock continues to sell at low end of peer group range Don't follow MACR. Just a FYI as I'm passing thru. You guys and gals need some more recent posts! Jim

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