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


To: i_m_rich who wrote (2221)5/18/1998 3:03:00 AM
From: alex  Read Replies (1) | Respond to of 2675
 
From interactive investor: (..hit $27 by years end..)

TMF Spirit,

I think the lack of a reaction to the great earnings was that alot of those expectations were already priced into the stock.

At the Stock of the Year ( capital.net ) they picked up MACR at a little below $9 (January '98) so this stock has already moved over 80%.

They expect it to hit $27 by years end - and they said it a lot earlier than any of these "smart" analysts.

Author: ThePapiiÿÿÿ Date: 5/17/98 10:58:52 PM (ET)