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


To: country boy who wrote (2130)2/23/1998 9:27:00 PM
From: Jeff D  Respond to of 3111
 
That's interesting that ADBE is nestled in among the top 20 shorted stocks! If history repeats itself, that's a lot of latent buying waiting in the wings. AOL was one of the higher short-interest stocks the past couple of years, and look at it now. I think that's a very bullish indicator.
Their balance sheet (9+ dollars cash/share) and increasing sales of products on the Win95 platform seem to bode well. I bought last week @ 43.5

good luck,
Jeff