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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: taxikid who wrote (328)1/7/1998 12:58:00 PM
From: Instock  Respond to of 18691
 
Taxi: < MCRE > Copied from 100% Thread: The MCRE story is:
quote.yahoo.com
Two downgrades allready.
One yesterday and another this morning
Should be more downgrades coming as the company has about 7 Broker recommendations. This gives the
stock oppertunity for many Downgrade News stories. ( Good if you are Short )
MCRE hit a new 52 week Low today

Instock



To: taxikid who wrote (328)1/8/1998 3:10:00 PM
From: White Shoes  Read Replies (1) | Respond to of 18691
 
Taxi, MCRE is a graphics company, Metacreations, used to be Metatools. They made an acquisition of a competitor and are now MCRE. There might be a lot of downgrades but overall...I personally would wait for these and then BUY low, not short.

Over the long haul it's a growth company with good products and the merger seems to have produced the sought after "synergies" and cost savings (unusual for mergers). I suppose shorts could make money in the short term but personally I would be waiting for a buying opportunity on this one.