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


To: country boy who wrote (2288)3/29/1998 2:28:00 PM
From: David W. Taylor  Read Replies (2) | Respond to of 3111
 
To be perfectly honest, the last week terrified me. Adobe shot up and made us all believe. Hours later I was certain we would lose 3 times the gain.

The upgrade happened, along with a downgrade. The market yawned.

Anyone seen Cramer's piece in www.theStreet.com today essentially trashing a Barron's article comparing 1998 with 1928?

Earlier on Cramer described his feelings about getting word of the MSFT conference call. He was convinced we were all dead. The positive surprise. All of a sudden we are all OK.

The truth is nobody knows. My gut says lighten up here and I may do so next week.

Just watch. The Dow will cream 9000 to the upside and IBM will buy ADBE at $80.