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Technology Stocks : Adobe (adbe) opinions
ADBE 356.43+1.7%3:59 PM EST

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To: xiangheng xu who wrote (1792)9/26/1997 6:13:00 PM
From: Joan Osland Graffius   of 3111
 
xiangheng, >>(already off more that $3 from Tuseday high of 53 1/8 right before the ceo appeared on cnbc)

I am not worried about the ceo appearance on cnbc. Adobe always gets priced on its performance since the big houses on wall street do not follow the stock. We will have another opportunity to buy the stock at a discount. The market in Adobe generally gets inefficient between quarters. If you look at the 100 week or 100 month charts you can identify this phenomena. You can also identify at what price to buy based on the bottom up trend line on the 100 month chart.

Joan
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