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

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To: Patrice Gigahurtz who wrote (401)12/3/1997 11:01:00 PM
From: Jay8088  Read Replies (2) of 846
 
These are times that try men's souls... sorry, women's as well. Having bought in little under 15, I am hanging tough despite being close to margin calls. Why? First the fundamentals are solid for this comapny ( no debt, 2.25 in cash, 80% gross margin ! etc. ) Secondly we reached a technical support today and the stock is very likely to bounce close to 13 or so. Thirdly and most importantly the long term ( 3-5 yrs) upside for this company is phenomenal. ( I happen to believe that the RTG technology is ground breaking - and Intel seems to agree ) You have geniuses like Kai and Migdal ( RTG guy ) working for shareholders and Wilczek is a driven, ambitious guy ( He wnats to grow MCRE to billion dollar software company dominating 2D and 3D graphics ). In times like these, I like to take a look at the long term charts of Adobe or Parametric technology. If MCRE turns out to be only half as good......
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