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Technology Stocks : Macromedia...making a comeback?
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To: Philip W. Dunton, Jr who wrote (1605)7/31/1997 9:46:00 AM
From: john defreitas   of 2675
 
philip, i think you are not looking at the whole picture here regarding
this stock....revenues from Director 6 in this quarter is almost nil, as
only introduced in late May....loss of only .03 versus last quarter of
loss of .16 shows some turnaround. macr also is to introduce several
new products in first quarter of '98. the problem is the stock was way
over priced last year, its reasonable now and has room and potential
for some serious upturn. poor management has been the biggest
problem here, not quality of products, which are well received.
just an opinion, regards, john
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