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Technology Stocks : Adobe (adbe) opinions -- Ignore unavailable to you. Want to Upgrade?


To: Chuck. Edwards who wrote (2067)12/20/1997 12:03:00 PM
From: Mark Palmberg  Respond to of 3111
 
Hey, Chuck, it's Christmas: lighten up!

I don't recall ever blaming analysts for Adobe's wacky performance. I'll admit that, professionally speaking, I lump Analyst with Palm Reader, but to blame them for anything 'bad' that happens to Adobe's stock price isn't -- as you have rightly pointed out -- in the least bit constructive.

I'm just having a ball holding onto this stock. I enjoy Adobe products, and I believe in the company's management strategies; it's as simple as that.

Hope your preparations for the holidays are going smoothly.

Mark



To: Chuck. Edwards who wrote (2067)12/20/1997 2:02:00 PM
From: David W. Taylor  Read Replies (1) | Respond to of 3111
 
>> I just lost $1200 in the stock, because I failed to properly understand the volatility of its earnings. >>

You only "lost" the money, if you sold your holding. ADBE investors all have this learning experience. Soon you will be hanging on "grimly long" like the rest of us.

My average cost on ADBE is $38 and I feel no pain here. In September I felt better with the $48 price. We will be back there soon.



To: Chuck. Edwards who wrote (2067)12/20/1997 11:15:00 PM
From: Ginn  Read Replies (1) | Respond to of 3111
 
Chuck, I am glad that you finally get the charactors of ADBE. ADBE has been very vilotle for almost two years. And its low have been low 30s and never go under it. So I have been play with it for a long time and make good money of it. It will go back to high 40s if the general market condition is good. And good thing about this company is that they will continue to grow and they will have earning to support their earning. Once in while, you may see a earning disappointment surprises, but you won't see big 2/3 of stock price drop at all. ADBE eventually may will go up to 70s, and it may take another two years of period to get there. Hope you still own the stock when I get there. See you later. $1,200 ia just a little money. I have seen some other stocks have a big drop since October.

I don't own any of ADBE right now, because I sold it at $52 after last quarter. And I use the money to buy other stocks so don't have enought money to buy stocks now so that I have to buy stock call options. I still feel good about ADBE, and if it have chance to go down, it is a good time to buy more. Because publishing business still hot for enterprise and individual. I will be more careful with EFII than ADBE, because EFII may have big chance to lose battle ground with small printers devices, but not for ADBE.

Good luck!!