Adobe (adbe) opinions Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Adobe (adbe) opinions

ADBE 343.24

-0.3%

Dec 10 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: t36 who wrote (1825)	10/1/1997 5:23:00 PM
From: Mark Palmberg	of 3111

What price are we looking for? Well, obviously the last couple days in here indicate that some folks have already found their price, and they've sold their shares. If you're looking for an entry point...I'm waiting until later in the month, possibly even the middle of next month for a significant drop in the price (based only on the market's history over these months and Adobe's recent strong showing). I suppose it could probably go as low as 45.5 in the near term, but I don't know that I'd look for that price to hold for long. I've been meaning to ask Peter if there's still a gap to be filled in the stock, as I'm sure there must be. I don't know if that'd take us as low as 45, but 47 - 48, maybe. I'm long in any case. Hope you enjoy ADBE; I have. Mark

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next