Adobe (adbe) opinions Message Board

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Technology Stocks : Adobe (adbe) opinions

ADBE 354.47

+1.9%

3:59 PM EST

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To: Judy who wrote (1693)	9/19/1997 3:18:00 PM
From: Joan Osland Graffius	of 3111

Hi Judy, >>But ADBE may be breaking resistance for real this time. What is your 4-6 month outlook for ADBE and ORCL and which seems more promising for a trade? ADBE on pullback or do ORCL since it's already down nicely? Thanks. I also sold the last of my trading position in Adobe today. I sold a quarter of it yesterday. My average price on this position was around $38 and I did not take very much risk on these positions since I was big time into margins.:-). I have no idea where Adobe or Oracle are going to trade in the future but I have already bought a trading position in Oracle in the $36 range and will buy some more if it goes to $32. I will also buy a trading position in Adobe if and when there is a fire sale. I have core holding in each company and add to them from time to time when my trading is successful. Good luck, Joan

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