Stock analysts and web developers seem to have something in common - they are not much interested in reading the publications of the others. Still - I just stumbled over this article in BusinessWeek Online which caught my eye because it takes such a different point of view from the general feeling I have that it just amazed me.
Scott H. Kessler tells us why he thinks that the merger of Macromedia and Allaire was a pretty bad move. The funny thing is that he does argue only with numbers, but he mentions MX (which was only possible through the merger) only in one small sentence. Wow - you get the impression that he doesn't have any idea what's going on and what new technological perspectives opened up. And this guy just downgraded Macromedia to "SELL".
I haven't looked at the value of my MACR shares for quite a while, but I have patience..
Posted at August 27, 2002 12:41 AM | Further reading