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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Kip518 who wrote (5682)	3/28/1998 6:51:00 PM
From: Rev Paris Green	Read Replies (1) \| Respond to of 18691

Re ;ADBE Hello all, Does anyone have an opinion as to why Alex Brown upgraded ADBE after dismal earnings. I have my own cynical view, AB is heavily into ADBE and must save $$$$$ and face, so they do the PR spin game. But, realistically, is there any real reason investors should be buying ADBE. I see it as a good short... opinions? :)

To: Kip518 who wrote (5682)	3/29/1998 5:40:00 PM
From: Cosmo Daisey	Read Replies (5) \| Respond to of 18691

Kip, This isn't 1929. Its a much different market now because thousands of people are involved. In "29 ten people controlled the market. They were all out when it crashed. The story about Kennedy (later SEC chmn.) getting out because his shoeshine boy was giving market advice is bullshit. He and the other nine people who controlled the market were already short. Thousands of mutual fund managers work independently of each other in todays market but have control of the market as a group. There is no way they could all conspire to bring the market down. Any pullbacks will be met with buying because so much money is flowing into the market. cdaiseyPhD@dow10,000.com