SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Macromedia...making a comeback?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: av ram who wrote (1751)9/14/1997 1:45:00 AM
From: Sultan   of 2675
 
I have watched MACR from sidelines and just when I stopped watching it has moved up to 11+. But here is my take on why the stock is moving up. 1) Last quarterly earning, the company's revenue were down 22% from previous year, but showed only a .03 cents loss. They have definitely got the expenses under control. If the revenue stabalizes and increases, it will go to the bottom line 2) New products shipped last month of last quarter, hence the full impact of additional revenue is yet to show up. 3) I am not familiar with their products but I assume they are state-of-the-art and will do well. May be some one can comment on that.

Finally, the reason I started watching MACR to begin with is Bob Burgess. The current CEO. He is the guy who left Silicon Graphics in 92 to join Alias Research, a Toronto based software co. that was in a mess. Got expenses under control, turned it around and sold to Silicon Graphics in 95 (now known as Alias/Wavefront). He left Silicon Graphics again last year to join MACR as President. Now promoted to CEO. He has also shored up the management team, it seems from the news release. One thing about Alias Research was the products were top notch. So if MACR products are good and if they start making inroad into wintel platform and Bob Burgess, with a prior turn-around under his belt, can pull off another trick this will be a $ 30 stock for sure. I might also add, MACR has a much better balance sheet with lots of cash compared to Alias Research (Bob Burgess got a loan from Silicon Graphics of about $ 5 million to keep the company afloat while he sorted things out. SGI gave the loan since Alias's products ran on SGI platform).

Just my two cents worth.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News