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


To: rocketman who wrote (2309)3/30/1998 3:32:00 PM
From: David W. Taylor  Read Replies (4) | Respond to of 3111
 
You're not thinking straight!

>> Two upgrades in two days after that horrendous earnings report? To say something smells fishy is an insult to all of our little finned friends who live in the sea!>>

Upgrades happen because the stock has been depressed and the prospects are going to improve.

Well the stock has basically sucked for the last 12 months. They have just announced all of the bad news and now there will be a year ahead with major product upgrades.

The stock is going up from here. $60 is going to happen sooner rather than later. My previous bafflement was with the fact that the stock did not tank after the earnings as others have done but this action is correct if you think a little more clearly.

Long, happy and thinking of getting longer. The shorts are in for some pain here, which is why we are hearing the screams!