Adobe (adbe) opinions Message Board

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Technology Stocks : Adobe (adbe) opinions

ADBE 314.02

-1.3%

1:39 PM EST

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To: Mark Palmberg who wrote (2409)	7/1/1998 5:04:00 PM
From: El Ferna	Read Replies (1) of 3111

This thread is very quiet. Not much info being put out. Today on my Prodigy Quote Track I noticed ADBE quotes were adjusted. Is this due to the announced .05 dividend or what? Any info would be appreciated. Bought in last Friday at 44.25 when ADBE beat earnings by 2 cents. Expected to get at least up to 46 that same day but to my surprise stock has tanked since then. Since the high of that date, we have almost hit a 10% correction today. There is a pattern that does not bode well. The stock opens up stronger, sells off to a daily lower low throughout the morning then climbs back up during the day but still closes lower than the previous day. All this while the DOW and NAZ keep climbing. Hate to see what will happen when both indices tank. Well anyway, just venting to anyone out there who can provide some insight as to where we are going with this stock short term. El Ferna

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