MetaCreations (MCRE) - Detailed Goo in a Soapy Dream Message Board

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

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To: JC who wrote (626)	5/16/1998 10:15:00 AM
From: Option Investor	Read Replies (1) of 846

Thanks JC for the annual meeting info. The selloff does appear to be on low volume. On Friday First Call news came out and the stock dropped for 30 min. but quickly started to recover. I find it disappointing, however, that MCRE closed below the 10 level. Since Friday was expiration I'm waiting to see Monday's close before I draw any conclusions. On the positive side, whenever there seems to be a little buying pressure the stock jumps quickly, which makes me believe that expectations on the company are low. Of course, the company must start to raise the Street's expectations before we benefit. I'm beginning to doubt that this will happen before June expiration (19th) so I am considering June covered call strategies.

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