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Strategies & Market Trends : Guidance II -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (11)	6/27/2001 6:00:17 PM
From: 2MAR$	Respond to of 2077

MACR ($18-->$16) ($.25 miss , ouch) sees Q1 loss before charges SAN FRANCISCO, June 27 (Reuters) - Macromedia Inc. (NasdaqNM:MACR - news), a software maker, said on Wednesday it expects a loss for its first quarter ending June 30 from a weak market in developing content for the Internet. ``While our products continue to maintain leading market share, the web professional development tools market is down 20-30 percent year on year this quarter,'' Macromedia Chairman and Chief Executive Rob Burgess said in a statement. ``We remain very confident in our long term product strategy and are taking aggressive steps to control our costs and return the company to profitability.'' Macromedia is expecting a proforma loss of 15 to 20 cents per share before one-time restructuring and acquisition charges and revenues of $85 million to $90 million. The company will report results on July 19. First Call/Thomson Financial published earnings estimates of a profit of 13 cents per share for the first quarter ending June 30.