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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: zsteve who wrote (66709)8/24/1999 5:11:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
zs, As many here know, I have often played Adobe from the long side when it has its periodic blowup. Although I wish them well, they are just about due for the next round of "the growth is over" cycle.

The simple fact is, this is a very cyclical co. that people pay too much for at the top and too little for at the bottom. I like the co as a business, which is why I buy it when it is down and don't play it with puts. But it looks ripe for puts at this level.

And don't let a potential split scare you. Compaq and Dell both crashed right after their splits.