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

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To: Patrice Gigahurtz who wrote (403)12/4/1997 1:55:00 PM
From: Pete Mason   of 846
 
>> Could the cash be more/less likely to attract a buyer ? They could also buy back some shares <<

Naw, IMHO. Most companies have at least $2 per share cash; even MACR has around $2 cash.

Share buybacks would be good for the stock shortterm, but in a high growth company, one hopes they have better places to put excess cash: new products, new sales channels, new markets, etc.

I have to confess that I'm a little bummed that the stock bounced upwards so sharply today; I had visions of being able to buy a ton of it at 6-7 again!! Oh well...

-- Pete
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