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

To: J-P tymowski who wrote (1949)	11/14/1997 10:13:00 PM
From: Patrice Gigahurtz	Read Replies (1) \| Respond to of 2675

Doesn't that new company buy hit the 4th qtr books ? If so how can the net bottom line be that good ? I'm just asking because when MetaTools bought other companies MTLS appeared soft when the 'net effect' to the bottom line was read. Its funny to me as in their case they announce a compnay buy and the stock holds but when they get around to actually announcing at earnings the drain on net profit the stock gets soft; is that what could be happening to MACR too. BTW, in a whim I bought back my MACR covered Nov12.5 calls and sold Nov10 covered calls which 'till today looked safe. However, if you look at MACR's option list you'll note that the Nov10 call today actually dropped 7/16th even though MACR shares traded as high as $9 3/4 ! What does that tell you ? Contrastingly, the Feb10 calls went up as well as its activity.