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


To: alex who wrote (2260)6/30/1998 7:53:00 AM
From: av ram  Respond to of 2675
 
from Stockwinners

"We believe Macromedia (MACR) should be heading higher today. This company is in a very unique industry. Besides rumors of positive announcements coming from the company, technicals have turned bullish on the stock since Friday. Stock should head higher. Stock may see some softness later
in the week."



To: alex who wrote (2260)7/8/1998 11:00:00 PM
From: av ram  Read Replies (1) | Respond to of 2675
 
If Apple is any indicative of latest earnings, IMO, they should be great. Old cash cow (Director etc.) flagship products selling on MAC will simply add to the bottom line. Not to mention that Fireworks, Flash and Dreamweaver are hot!

Read this statement from Apple CEO:

"NEW YORK (Reuters) via NewsEdge Corporation - A revived Apple
Computer Inc. will report its third consecutive quarterly profit as
demand for its new products continues to outstrip supply,
co-founder and Chief Executive Steve Jobs said Wednesday.

Making a surprise appearance at the bi-annual Macworld trade show
here, Jobs confidently predicted that the computer maker would be
profitable in its third quarter ended June 30.

''I am very pleased to tell you that it will be our third consecutive
profitable quarter,'' said the masterful showman, who was greeted
like a rock star by a jubilant audience of software developers and
customers attending the kickoff of the week-long Macworld trade
show here.

While declining to offer specific figures, Jobs told the audience, ''I
think you will be pleased.''
"