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Technology Stocks : Adobe (adbe) opinions
ADBE 346.29+5.3%Dec 5 9:30 AM EST

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To: moose who wrote (1972)12/2/1997 2:13:00 PM
From: Joan Osland Graffius   of 3111
 
Hi moose, I have a long position I have held for a long time in Adobe and purchased a small position during the recent free fall. I am going to just tuck it away and wait.

The stock is trading below it's 150 day moving average and some folks would pick it as a potential short. I don't short companies that own their markets. Learned that lesson the hard way.<g> I like to short companies that have competitors and someone it eating their lunch or the sector is in a "recession".

Have a good day.

Joan
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