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

To: RealMuLan who wrote (2194)	3/26/1998 5:21:00 PM
From: AlienTech	Read Replies (2) \| Respond to of 3111

>>However, their bad earning report does not necessarily mean their stock price will be too much lower tomorrow. << Actually shorted this one today, but covered cause you never know what somethign is going to do these days. I actually like ADBE but I saw those huge long call/short put cover and no one will do such a big trade unless they knew what was going to happen. Got killed the last time I was long this stock @ 44, went to 34 after bad earnings. So no leaks? Ofcourse there was a leak! Thanks to someone who posted on here 6 months or so ago on what to look for, at least this time I didnt take the bait.

To: RealMuLan who wrote (2194)	3/26/1998 5:24:00 PM
From: Lazlo Pierce	Respond to of 3111

Been lurking here. I agree that lately, bad news is good news, but... I think the ADBE situation is a little different. The other wrecks were not surprises, I think this one was. Today's action showed the confidence of making the #. But, the good news is I the gain today will be a nice cushion on the downside. I think we'll see 42 near the open, but I could be wrong, in fact happens alot :-). Good luck all. Dave