Adobe (adbe) opinions Message Board

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Technology Stocks : Adobe (adbe) opinions

ADBE 320.13

+0.8%

Nov 28 9:30 AM EST

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To: Tom M who wrote (2230)	3/27/1998 9:13:00 AM
From: country boy	Read Replies (3) of 3111

Hey Tom, Long time, no read! Three days ago ADBE was priced at 44 with no news and a decent expectation of earnings. It's bounced between 43 and 45 for weeks. I think the runup yesterday is a "non-event." I don't see any way this stock should pull back only to 44-45 after that report ( where it was 2 days ago). If it opens near there, I'll consider it a gift and short like crazy. I agree with you, we should be headed back to the 30's, with 40-42 being resistance. Don't know if we'll get as low as 33. If so, I'd go long. This strong market could keep ADBE propped up a while, but I don't see it holding. Are you trading this one? CB

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