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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?


To: profit_guy who wrote (1913)1/16/2001 10:17:38 PM
From: Jenna  Respond to of 6445
 
Macromedia Reports Results, Allaire Merger Plan

By Lisa Baertlein

PALO ALTO, Calif. (Reuters) - Web design software maker Macromedia Inc. (NasdaqNM:MACR - news) on Tuesday announced better-than-expected third-quarter financial results and said it had struck a $360 million deal to merge with Internet application server and software provider Allaire Corp. (NasdaqNM:ALLR - news)