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Ok, here is the deal. Today the company registered two institutional investors dropping large quantities of shares. If you go to 10kwizard or edgar-online, you can see that two companies are dropping a total of 10 to 20 percent of the shares of Macromedia. This, combined with the previous issue of shares for the Allaire acquisition and you have have lots of shares flooding the market a little more quickly than buyers are willing to line up, during a temporary time of slowing sales, thus the drop.

As of December or so, 65 percent of shares were owned by institutional investors, down from a lofty 75 percent in September or thereabouts (go to, type in macr, then click on inst. investors). Since Intel and other great, large company ownership generally hovers around 50 percent, I don't think I am gonna begin to worry until inst. ownership drops below 40 percent or so.

I sure will be pissed though if we find out some bad news, on top of what we already know, after the drop is finished. Man, that always ticks me off.

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