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


To: Ulrich Santo who wrote (2476)8/14/1998 2:58:00 PM
From: 1-DAY-TRADER  Read Replies (1) | Respond to of 3111
 
Not only ADBE has no much edge on the market, but also they refused to elaborate on that one time charge coming up in few days or weeks.

Can you imagine the impact on the price when they publish the actual loss and the charge figures? IMHO, this stock will see new lows very soon. When a company misses by 1 cent they shred it, can you imagine 50-60 cents below the estimates??? WATCH-OUT :(((

The fact that they are timid regarding the ONE_CHARGE and possible loss magnitude ( in addition to top management changes) implies a disaster. I am glad I sold, but I am still looking to buy-back at much lower price, if it does not, then I will wait for a while. There are many other better deals out there.

I think that this stock will have to re-test the lows then might even get worst upon the official results or sooner if it is leaked out to MM first as what has usually been the case lately