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Technology Stocks : Adobe (adbe) opinions
ADBE 322.790.0%Dec 2 3:59 PM EST
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To: Vinod who wrote (2086)1/19/1998 12:52:00 AM
From: Ginn  Read Replies (1) of 3111
 
Vinod, Actually I just bought 500 shares on 16th.(I still don't have enough money to buy more). I wish I can buy more if I have enough money. A lot of people did not know how good the company is. If the company continue to drop the price, then I will sell my shares of CRUS to exchange for ADBE. Currenty, I only owned CRUS with no confidence in my portfolio. So if I see ADBE drop enough, then I will go ahead to exchange with CRUS. I can sleep better with ADBE. I wish I had bought all ADBE with all my money back in 1996. Otherwise, I will be rich by now. Still, with current price, it is still cheap. It may have chance to drop to $35 if general market go down. But I will be gradually do it so that I can get chance to buy at good price.

ADBE announced share buy back is a good sign and the compay has the hint that growth for the future. With its focus with enterprise and individual customers are the very good business trend. I am very positive with ADBE. I believe I may see target price of $60 by the end of year and $75 by the end of 1999 or earlier.

BTW, my friend worked in the Building Department in San Jose, CA. He is wondering why ADBE is aggressively expand its office space. This is all the evidence of growing company.

good investing!!
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