Adobe (adbe) opinions Message Board

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Technology Stocks : Adobe (adbe) opinions

ADBE 347.04

+2.3%

12:06 PM EST

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To: Tom M who wrote (1846)	10/6/1997 1:44:00 PM
From: Peter Shaw	of 3111

Tom, My comment was refering to new alltime highs on ADBE. With a backend loaded 1998, and my view of troubles looming in the tech sector, I will take no position in the stock for the next few months. It is acting technically well right now, and there are enough textbook technicians playing this move that it could be a profitable run. ADBE is not a consistent trader on the very short term level, however, so I have stopped position trading it (missing some nice profits right now, unfortunately). I will own this stock again, but see too many risks at the present time. The stock just gets punished too severely on minor issues. Good Luck, Peter Shaw

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