Adobe (adbe) opinions Message Board

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Technology Stocks : Adobe (adbe) opinions

ADBE 351.15

-1.5%

Dec 15 3:59 PM EST

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To: Peter Shaw who wrote (1710)	9/20/1997 9:33:00 PM
From: Senthil Sankarappan	of 3111

Peter, I think you are very wrong to sell a stock which makes a new year high with big volume after a good earnings report. I am really surprised to see you thinking so high about these ANALysts. In my experience these guys have been notoriously wrong zillions of times. If at all anything I will totally play against them since there are a bunch of herd who lean towards one side all the time. I am willing to take my chances on ADBE management which has a much proven track record than these ANALysts. I also think selling a winner just because it reached its fair value is not always good(still your fair value is way less). All these fair values are all relative. If ADBE does what its management thinks then the fair value should be much more than that. Imagine the management willing to buy back 20% of their shares. These are the guys who have some big time venture investing with successful startups. Now if they feel they should buy back 20% of their company then I don't doubt their bullishness. I agree that they will take 2 years for this. But I am not looking for some boom and bust kind of stock. I can wait and grow my wealth. Well. My 2c too. I am betting ADBE to be up min 10% in few weeks. Let's see ... -senthil

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