Macromedia...making a comeback? Message Board

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Technology Stocks : Macromedia...making a comeback?

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To: Elwood who wrote (1730)	9/5/1997 1:39:00 AM
From: john defreitas	of 2675

elwood, as far as beliving in this company, it is they who in the past through their own doings that brought about lack of conviction. having said that, i do agree that there is great potential in the next six months and followed that up recently by purchasing some febuary 10 call options selling at 1 1/2. the stock also has been holding up quite well. IMHO i think there is an accumulation of this stock going on. it trades in a tight range, light to moderate volume....i also saw good volume of call options recently. last spring/summer this was a great day trading stock..it would move up and down several dollars.....people were just playing with it as i must also admit my own guilt...... best of luck to all holders, john

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