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


To: Tom M who wrote (2429)7/31/1998 4:12:00 PM
From: Patrice Gigahurtz  Read Replies (1) | Respond to of 3111
 
Interesting, very interesting. Just as the fund qtr ends (7/31/98) a trade (I think ?) of 200k (ish) shares just minutes before the close. Of course I assume that that biggie of share could knock the legs out from most stocks; if it was a 'sell' versus a 'buy'...was it a 'sell' by the way ? Soooooo, with just minutes before the close I thought I'd take anther chance at becoming anew an ADBE share holder. After all 'she' hadn't failed me twice before over past two years. So I got a chunk at tad under $32 1/2.... Now I am worrying as it's the future that my shares are riding on. What's next for ADBE (?) as I didn't research this stock today and haven't been up on 'her' for maybe 8 months...... Did I make a mistake ? Is the market going further south next week ?



To: Tom M who wrote (2429)8/3/1998 4:18:00 PM
From: Tom M  Read Replies (2) | Respond to of 3111
 
Wow 30 15/16. Well there's certainly FEAR in some tech stocks.

Pretty amazed ADBE with a 12 P/E and 29% growth for next year over this year fell like this while Apple shows it's still there to buy S/W. Can't seem to budge Compaq down which is up 40% off its low with multiple quarters of 0 or .02 earnings & big questions on DEC absorption.

Anyone out there justify this beating fundamentally?

Joan - you still comfortable with ADBE?

thanks in advance,
Tom