Adobe (adbe) opinions Message Board

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Technology Stocks : Adobe (adbe) opinions

ADBE 322.79

0.0%

Dec 2 3:59 PM EST

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To: Capt. Dennis Shepherd who wrote (2109)	2/16/1998 10:55:00 PM
From: Ray Roc	Read Replies (5) of 3111

SELL ADOBE BEFORE IT'S TOO LATE!!! 25% DOWNSIDE RISK!!! USE CURRENT STRENGTH TO TAKE PROFITS!!! Contrary to the article in Smart Money, now is not a good time to own stock in Adobe. Business is weak and below plan, there are no new products and Wall Street estimates are too high for the next 3 quarters. Quarterly earnings could be very disappointing. Adobe just rallied 8 points (about 20%) as a result of the SM article and should be sold into this strength. If you don't own it yet don't buy it! You missed the move in the stock and there is serious short term downside risk.

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