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Technology Stocks : Macromedia...making a comeback?

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To: LISA who wrote (2623)3/24/2000 12:09:00 PM
From: Ron Kline   of 2675
 
I don't think it's anything news related. When stocks are in congestion and accumulation they tend to not necessarily follow the market averages. I looked at a one day look on Yahoo and saw a big order that pushed the stock up. All the selling after was small guys, very low volume. Once MACR heads above $90 I think you will see the stock move much more in the upwards direction and volume will start to increase. It takes some catalyst to do that, either announcement or comment from a broker. Until then patience will probably reward, hopefully sooner than later.
Ron
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