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


To: paru who wrote (1908)10/21/1997 4:47:00 PM
From: J-P tymowski  Read Replies (1) | Respond to of 2675
 
I think that it is mainly due to earnings which should be out early November. People are still uncertain about the quarterly results.

I think that they will be on the positive side and that sales will equal or surpass September 1996 results (31 mio). Last quarter when sales were affected by late shipment of their main product, sales were at around 27 mio.

Time will tell...

NB: volume today was very low



To: paru who wrote (1908)10/22/1997 6:06:00 AM
From: Robert Scott  Read Replies (1) | Respond to of 2675
 
Believe it has to do with favoritism towards big cap stocks which are now back in favor to some extent - sell small cap, buy big cap would be my explanation.