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Non-Tech : Invest / LTD

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To: drsvelte who wrote (7516)	2/22/1999 9:22:00 AM
From: drsvelte	Read Replies (1) of 14427

re MACR (from Briefing.com) Two stocks trading at or near pivotal support levels are Macromedia (MACR 30 1/2 +1/2) and Network Associates (42 1/2 - 7/8)... Stocks off respective highs by 28% and 37%... While Briefing.com contends that former vulnerable to additional downside of roughly 10%, latter expected to bounce of 40 level... NETA trading at 20x estimated FY99 earnings, with long-term growth rate of 31%... MACR on other hand, trades at 74x projected FY99 results with l/t growth projected at 34%... 12-mo targets are at 36 and 55 respectively.

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