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Technology Stocks : Macromedia...making a comeback?

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To: van wang who wrote (1633)8/1/1997 6:22:00 PM
From: J-P tymowski   of 2675
 
What if MACR.........

MACR management wants to repurchase approx. 2mio shares.
What would anybody sensible do?
Purchase those shares at the lowest possible price (wouldn't you!).

This might be a scenario for not supporting the share price and letting all kind of rumors run without intervening.

I personally don't see why the share price should go down to levels of 3 months ago when 4th quarter revenues were really a their lowest.

Again, last quarterly results are encouraging and not as bad as the press/analysts want to convey.

On the contrary, when going to MACR's site on the internet, comments to the investors are optimistic and encouraging for the remaining of the year compared to what is currently said or implied by the media/analysts. If they are so good in forecasting the future, why didn't they come up with correct figures for quarter 1 in the first place?

macromedia.com

The end of the story is that no one knows what is going to happen next week or next month. Only time will tell...

PS: Watch Apple's comeback !...
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