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

To: john defreitas who wrote (2083)	1/12/1998 4:48:00 AM
From: Ginn	Read Replies (1) \| Respond to of 3111

I feel the stock price is based on psycholigically feeling. So as ADBE. Maybe it will go down to $30 if the global market continue to drop that much. But I personally don't think ADBE has much room to drop another 20% in a week like Singapore's market. As you know, not all the stocks drop when the market is down. Actually I have my ADBE, DIMD and EFII went up in last three days.(ADBE eventually came down a little bit). So I suggest that if ADBE can drop for another 10% then I will go ahead to buy in. But I doubt it will happen. ADBE is a good company compared to other hi-tech stocks unless there is any bad news com in. I expect ADBE will go up to $75 in one or two years with steady growth.