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Technology Stocks : Macromedia...making a comeback?

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To: Kenneth E. De Paul who wrote (1626)7/31/1997 10:24:00 PM
From: marc chatman   of 2675
 
I was lucky enough to sell yesterday before earnings, but perhaps there is some silver lining today for remaining longs. From a chart I saw, it looks like MACR held above the 50 and 100 day moving averages. I'm not a TA, but maybe there is some technical support in the current range. I tried to paste in the url for the chart, but it wouldn't copy. Go to www.dailystocks.com, plug in MACR, and in the left column near the bottom, there is a link for "more sophisticated charts".

Perhaps, also, the company stepped in to buy back shares. I don't know if there is any way to check this.

MAC
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