Adobe (adbe) opinions Message Board

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Technology Stocks : Adobe (adbe) opinions

ADBE 344.38

+1.5%

3:59 PM EST

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To: jeff nightbyrd who wrote (1877)	10/13/1997 12:09:00 AM
From: Joan Osland Graffius	of 3111

Hi Jeff, Look at the 100 month chart on Adobe and then draw a line through the lows and you will get a picture of this stock. You will notice it has been a steady good investment for the long term investor. It also is a good trading stock since the lows are predictable. I own a long position as well as trade the stock when it hits the low trading line. Adobe has in the past been good for 10% in a reasonable time frame after it hits the low end of the trading range. This has been going on since the late 80's. Playing this game has been worth 40% on your capital a year if you play both the long term investment and trading game. I will keep on playing the game until it quits working.:-) Good Luck, Joan

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