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

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To: Patrice Gigahurtz who wrote (445)12/16/1997 10:26:00 PM
From: shahn   of 846
 
>Gut level; would you re-enter MCRE at current prices due to the Intel >3D chip news?

Hi, no. I'm saying the opposite, that things are delayed until
february so certainly no reason to buy at the moment. I was just
following up on my attempt last week to dig
up what the current status was, since it had been due this
fall. It seems the chip was delayed due to overheating problems.

Moreover, I think it is just drivers and headline publicity as intel
use mcre products to demo the chip i.e. being on of the first
software houses to be ready for it. The street may still make
more of it, so it may have more of an impact through hype than it
should do.

On the other hand, though I would not buy becuase of intel, I
always have the gut feeling some new projects are brewing so
I'm giving my recently-purchased stock some chance to recover. I cant
see us going too much lower without fundamental news. Remember, the
volume on MCRE's decline has been low, i.e. its more sentiment
driven (+fears about the insider trading; I'm assuming that was due
to general panic and not due to anything ptic bad in the works).
Call me an optimist, call me patient.

Shahn
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