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Technology Stocks : MetaCreations (MCRE) - Detailed Goo in a Soapy Dream

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To: JC who wrote (391)12/3/1997 2:41:00 PM
From: Patrice Gigahurtz  Read Replies (1) of 846
 
ASG: I don't know about their cash and debt although I have bought a lot more MCRE of late (average $12 1/6th) and hope (dreaming) to see it $42 by 2002. Regarding RTG it speeds up the display of 3D images in video games and computer art for example. I read here that RTG technology could find its way into a chip and a couple months ago I suspect the stock reached much higher levels based on that chip speculation. However, of late 'she' tank'd ! I think seeing $10 today was a shocker; thats maybe a 7 p/e based on '98 estimates ? I'm not selling but I sure would feel better if this slide would dry up. What concerns me is that all those SEC Form 144s.
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