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Technology Stocks : Adobe (adbe) opinions

ADBE 328.74

+0.6%

3:59 PM EST

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To: Patrice Gigahurtz who wrote (2021)	12/13/1997 4:22:00 PM
From: David W. Taylor	Read Replies (2) of 3111

Patrice, You are correct in thinking that Adobe is a leader in terms of being one of the first to confirm potential worries related to Asia. EFII is the first real indicator of where we are going. I am seriously long ADBE with an average cost of around $40 but I have a feeling that we will see $30 well before we see $50. The tenor of your posts indicates that you want confirmation that you have done a smart thing but your focus is incredibly short-term. Five days for goodness' sake! Sorry, but if the next five days are anything like the last five, you are going to be unhappy. ADBE is a great long-term buy-and-hold at these prices but has always dealt really harshly with short-term investors.

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