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Technology Stocks : Metrowerks (MTWK)
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To: Cyberhoward who wrote (133)8/5/1998 12:07:00 PM
From: Sam Ragucci  Read Replies (1) of 158
 
Metrowerks creates and sells some of the best tools for programmers. They pretty much own the Macintosh tools market, and by offering tools that run on Windows and Unix platforms, as well as offering ways to program "embedded" systems like Sony Playstation, Palm Pilot, etc. they have been growing revenues. I think management has a valid business strategy, but obviously the embedded market has been harder to crack than was thought, or we would have seen even larger revenue growth and (dare I write the word) profits!

Since management owns a lot of the stock, it seems unlikely that we will see new management. It is possible that a larger company could buy them for the technology, but I have not heard of any such offers.

Good Luck,

Sam
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