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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: Hugh W. who wrote (2311)	3/30/1998 5:41:00 PM
From: Joe Casey	Read Replies (1) of 3111

Although the price did not dip at all today, strength waned as the day wore on. The chart is starting to look weak...I can't see where new buyers will come from to prop this stock up, fundamentally or technically, and despite the upgrades. It may just drift in the lower 40s until the picture is clearer on how mgt will turn around its flailing operations. Joe

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