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: Mark Palmberg who wrote (1827)	10/1/1997 7:09:00 PM
From: Peter Shaw	of 3111

Mark, I'm not a believer in "the gaps must always be filled" school. However...they become easy trading targets when the price approaches them. Exhaustion gaps and breakaway gaps are easy to spot and trade, but the major continuation gaps have no hard fast rules which work. The stock is consolidating, but I don't like the dark clouds on the technology front. Too many preannouncements, and some major problems going forward. Y2K, Asian weakness, inventory build, etc.. Money flows into the sector are going to dry up IMO. That's why we sold last week. I'm not sure if the H-P announcement was an extension of the move away from Postscript 2, or just a public validation of it. Seems like more than just a few monochrome printers could be affected. Good luck to all, Peter Shaw

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next