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Technology Stocks : Macromedia...making a comeback?
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To: av ram who wrote (2049)1/29/1998 6:01:00 PM
From: Punko  Read Replies (1) of 2675
 
Yeah, but...Top line is shrinking. There's little here to suggest that this is a vibrant, growing business - cool products often do not sell themselves. It'll be interesting to see what Wall St focuses on tomorrow. Will they be encouraged by the cost cutting and bottom line improvements? Or will they pound the stock based on poorer revenue and perhaps a bad deal on the acquisition?

I do like the stock buy back though. This conveys confidence in the future.

PS - anyone got any after hours quotes?
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