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Technology Stocks : MetaCreations (MCRE) - Detailed Goo in a Soapy Dream
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To: Pete Mason who wrote (678)7/6/1998 7:15:00 PM
From: Andeveron  Read Replies (1) of 846
 
>> On Wall Street, you're supposed to buy when there's blood in the streets (i.e. when the stock price is low), and sell when it is dear. <<

This credo works in some instances and it appears to be appropriate with this stock. It didn't work with Cendant nor Oxford Health when those two got killed.

Anyone have an explanation for the ~$1 appreciation since the poor earnings announcement? Is MCRE doing a buy-back on the open market to shore up it's shares?
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