Macromedia...making a comeback? Message Board

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Technology Stocks : Macromedia...making a comeback?

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To: Charlie J who wrote (1929)	10/30/1997 1:37:00 PM
From: Patrice Gigahurtz	Read Replies (1) of 2675

Chuckie: As had been the case with MetaTools; when at earnings the bottom line was minus due to aquisitions, the stock dropped. People want to see actual NET PROFITS. Having said that will the next qtr earnings be in the negative range due to the recent acquisition ? If it is then and if my Nov12.5 expires worthless I'm going to write another covered call on Nov 24 for Feb12.5 or maybe Feb15 because I can't see the stock running away 'till the net bottom line actually attracts new investors. BTW, wonder if MACR has been buying back its shares during this whole turmoil ? Still long on MACR but covering my a-- with covered calls.

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