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To: ~Owl who wrote (530)	1/7/1998 9:03:00 PM
From: Instock	Read Replies (1) \| Respond to of 1488

Live:< MCRE > Three downgrades and Earnings Warning in Two days is hardly good news for MCRE. Your friend was part correct though. On Tuesday Jan 6th MVRE was downgraded to a BUY, from a Strong BUY. They did get the BUY rating as you noted, but it was a downgrade. biz.yahoo.com After the close Tuesday, MCRE reorted "MetaCreations Announces Preliminary Fourth-Quarter Results" Which are NOT good at all. biz.yahoo.com The stock GAPPED Down at the open bounced up and down though out the day and closed somewhat near where it opened for the day. Down 25% for the day on VERY Heavy volume. The company is covered by 8 brokerages, so there is room for more DOWNGRADES. This is not up to date but gives you an Idea where they were before the Three downgrades quote.yahoo.com After that, Today, MCRE recieved two more Downgrades. Here is all their News from yesterday and today. quote.yahoo.com I would expect more downgrades to come. Do you think this is a $7 stock with these fundimentals? biz.yahoo.com ( Once again, this is about a week old info in some cases, so numbers could be worse ) They are lossing a ton of money, and after their AFTER the market Press release Tueday, it looks like they are going to lose still more money! Look at their Profit Margin. Negative Earnings,Negative ROE, ROA Negative Book, $2.97, and going down $12 stock, could be, in the LONG Run, but it is going down first and it will take sometime for it to start working it's way back up. Hope this fills you in with why MCRE Crashed today. Like other stocks Crashing, it could go down for more days. Some short covering boosted the stock near the close today or it would have closed very close to or at the same as it open, near the low of the day. Good Luck Instock