Adobe (adbe) opinions Message Board

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Technology Stocks : Adobe (adbe) opinions

ADBE 318.06

-2.0%

Nov 19 3:59 PM EST

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To: Tom M who wrote (2432)	8/3/1998 9:40:00 PM
From: Joan Osland Graffius	of 3111

Tom, >>Joan - you still comfortable with ADBE? I was surfing and found your message. IMO, Adobe is not going away. For the record at the moment I do not have a position in Adobe, BTW, this is the first time in years. I am keeping an eye on the stock to take a position but until this market stabilizes one never knows where these stocks will trade. Adobe stock is different now, that is after it was added to the S&P 500, and it will get taken down with the rest of the index. I suspect people are taking their money out of the index funds at the moment. I agree the value is there but I also believe I will be able to buy it at a lower price. I have expected to get a dead cat bounce in this market a few DJ 100 points ago but it is not happening and think it is prudent to wait on taking long positions until things change like the A/D, HI/LOW, etc. Joan

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