Adobe (adbe) opinions Message Board

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Technology Stocks : Adobe (adbe) opinions

ADBE 317.32

-0.7%

Nov 26 3:59 PM EST

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To: country boy who wrote (2338)	4/2/1998 12:16:00 PM
From: cardiologist to be	Read Replies (2) of 3111

as a fellow short on adbe can you give your opinion on why the stock failed to plummet despite a 20% disappointment with earnings. i recognize the bull market and see where there are no sellers but i can't understand why adbe hasn't faltered. companies like klac or microchip that warned have gone up after the warning but they, unlike adbe, were near their lows, rather than near their recent highs. the disappointment was already built into the price. will cover if gets to 50 but will wait for correction. i suspect if there is a correction, adbe will be hurt worse than most. just my opinion, take it for what its worth.

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