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Technology Stocks : Adobe (adbe) opinions

ADBE 320.11

+0.9%

12:59 PM EST

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To: cardiologist to be who wrote (2339)	4/2/1998 1:54:00 PM
From: country boy	Read Replies (1) of 3111

Cardio, David, Ron: I take solace in that I'm not the only disconcerted short out there. I don't have any good explanation for this anomaly in ADBE's normal movement to news and earnings. It IS moving up and I alone can't fight it; I must take the flag strategy----blow with the wind, and this wind is blowing north. I covered at my stop today at 46 1/4 for a moderate loss. David, you and Ron have good ideas, but I don't think they alone explain the tale. Volume has been too high for an absence of sellers to explain it. Again, I ask, who is buying and why at this level? Have you David? I can see NO reason to buy this stock here. I'm a little frustrated but kudos to all you longs who hung in there; not over yet, though. Adbe has been very kind to both longs and shorts; it's all timing. I still see a Big pullback this month in most techs. On the sidelines for the moment, CB

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