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Technology Stocks : Macromedia...making a comeback? -- Ignore unavailable to you. Want to Upgrade?


To: Ron Kline who wrote (2614)2/26/2000 1:48:00 PM
From: King David  Read Replies (1) | Respond to of 2675
 
MACR seems to be making a comeback. Not sure I like the wild ride but I'll take the nice return. Seems like a stock split should be in order by next earnings if we can get over $100. Anyone still longterm holders out there?

Not yet anyways. I've been watching for a couple months now and almost bit in the 60s, waiting for the 50s. Maybe I shoulda bit.

KD



To: Ron Kline who wrote (2614)2/29/2000 7:20:00 AM
From: que seria  Read Replies (2) | Respond to of 2675
 
Been in with a modest position since 30, holding even though it's in IRA so I could trade tax-free. Have not traded this tradeable stock because I see nothing to change the promising future of this internet company that is making $ now, not projected to do so 5 years and a sea of losses later.

Medium to long term though, I think streaming video will displace the still frames that MACR now enlivens, and its graphics (Flash, generally) will be less valued. I'll see what transition it attempts and decide about selling then, if I don't think the company is adapting to broadband. Of course Shockwave could, in a broadband environment, make up any shortfall in graphics-driven cash flow, and then some. They'll have to stay on top of technology, and performance to date is promising.