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Technology Stocks : Adobe (adbe) opinions

ADBE 344.38

+1.5%

3:59 PM EST

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To: Peter Shaw who wrote (1837)	10/3/1997 10:53:00 PM
From: Angelo J Cici	of 3111

The stock is in a short term downward consolidation channel! Bullish! The stock made a flag staff, going straight up from the mid $40's to $53, but since then it has been in a flag consolidation downward trend! These are typically bullish, and should break the stock to the upside again in another week or two making the same kind of flag staff upward move seen in the days of and prior to their earnings release! Telechart 2000 measures accumulation vs distribution by colors of red and green. If you notice the data of the accumulation (green) goes completely off the chart! This is very bullish! Wade Cook will explain this stuff to you! Go to his web site here: wadecook.com

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