Macromedia...making a comeback? Message Board

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Technology Stocks : Macromedia...making a comeback?

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To: john defreitas who wrote (1773)	9/11/1997 10:23:00 PM
From: mansan	of 2675

I agree. ADBE could rub some of MACR revenue. It looks like this stock is being manipilatedn by MM in last few days. I have been following this stock for more than a year. This will have a life after the next earning release if it will have a good one. I don't remember when was the last time it exceeds earning estimates. I even remember it was upgraded by one analyst around Nov or Dec 1996. But after a couple of week this stock went south and did not recover at all. The best bet on this is a Feb call at 10. At least you have 2 earnings on your side and any new products. This is a good products, but it seems it is just ahead of its time. We may see trading range between 9.5 and 11 on this. Manny

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