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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (15881)1/23/2003 1:13:18 PM
From: Lizzie Tudor  Read Replies (1) of 57684
 
Macromedia earns $10.8 million
Software maker doubles earnings estimate

SAN FRANCISCO (CBS.MW) -- Media software company Macromedia on Wednesday posted third-quarter net income of $10.8 million and cited strong sales of its Macromedia Studio MX product.

marketwatch.com

MACR up the strongest in software today. Looks like they are on the 10% y/y growth rate for revenues which is about the top for the strong companies and really outstanding for software, the problem is this is a packaged app company so they don't have the residual maintenance overhang like the enterprise players do so I don't want to get overly impressed with this. Dreamweaver sales are really strong though.
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