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 347.04

+2.3%

12:06 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Peter Shaw who wrote (1860)	10/7/1997 9:11:00 PM
From: Senthil Sankarappan	of 3111

Angelo and Peter, I like your fight i.e discussion. Since both of you are very informative, it will be nice for others to learn ;-) Besides, this thread is too quiet and too nice compared to other threads. I tend to agree mostly with Angelo assuming that the market does not go for correction. ADBE management is conservative and lately they are trying to be agressive and so I don't want to under estimate their abilities. Also, ADBE probably is one of the very few reasonably valued stocks left in the market. IOMEGA announced their Zip plus drive which will ship soon. Adobe photo deluxe will be packaged with them. Zip drives are very popular and will only enhance the multimedia applications helping ADBE. ADBE's growth in PC side is also impressive. But Peter's caution is justified if some kind of market correction happens. I take it that he is more bothered about investing in techs rather than just ADBE. (Peter, if not can you suggest some good buys better than ADBE?). But I am willing to ride that with my ADBE shares. There is no point in bothering about the market everyday. You might as well face the correction when that happens. Finally, thanks to both of you. I sold my October 45 calls in ADBE for 6 1/4 today. I bought them at 2 1/4 after ADBE announced that they will beat the expectations. This is only short term play and I did tht because i thought ADBE did not jump enough even after a conservative management came up and told that they will do better than even the high estimates. Oh. well. I think short term ADBE will be hanging around this $50 range and will probably kill the october option players with strike price of $50. Next fun will start before the next earnings time and I hope it goes to $60 at that time. -senthil

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next