Macromedia...making a comeback? Message Board

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Technology Stocks : Macromedia...making a comeback?

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To: Tom M who wrote (2070)	2/5/1998 1:14:00 PM
From: John Nail	Read Replies (1) of 2675

<< It's low was 1.8 times book, it's now @ 2.7, even though this trend of losses and decreasing earnings sets new history.>> You need to put this into perspective at one time MACR traded at 20 times book. So, 2.7 is still really low. Burgess is doing to right things. He's no Chainsaw 'AL', but in the software business you can't go hog-wild with layoffs or you get labeled a bad place to work and that is the kiss of death. The problem is everyone needs a word processor, but not everyone needs to design a CD-ROM. Also, most of their multimedia software is actually not used by the average Webmaster. My brother in law became a Webmaster in 1995. He does Congressional Web pages filled with facts and stuff but no high-end graphics. He does not use any MACR stuff. Bandwidth is everything. Once that increases it is a whole new world. When it arrives is worth another 40 posts. And, 70 companies on the Communicaitons page are working on the problme as we speak. One good thing John Malone is back on the cover of a business magazine. He desperately wants to match Ted's T. accomplishments over the last few years and I believe he believes that expanding bandwidth will be his coup de grace.

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