Macromedia...making a comeback? Message Board

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Technology Stocks : Macromedia...making a comeback?

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To: Jatin Kadakia who wrote (1891)	10/15/1997 9:59:00 AM
From: John Nail	of 2675

To Jatin, << Don't be surprised to see a few analysts sitting on sidelines for awhile making buy recommendations. Their clients know firsthand before the rest are informed. I would guess as early as tomorrow for the first upgrade. More in the following week. User conference fueled the fire. Of course, these are my and only my opinions. >> Unfortunately, I just checked MACR's estimates. This week three of the seven analysts downgraded their estimates for the October-December quarter. I am not sure whehter they received any new information or whehter they were following the other four analysts who downgraded in the previous month. This development probably explains the weakness in the price over the last few days.

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