The internet is here to stay!Adobe revolutionizes how the world engages with ideas and information -- anytime, anywhere and through any medium.
BOTD added Adobe (ADBE) back on the $37.50 dips (see 1 yr chart) and old post from feb 7th http://www.buyonthedip.com/2007/02/adobe-dips-tech-rises-buying-opp.html
...see the chart....now lets try the under $39 dip.
(remember to take gains at 5% and 10%, in this market we must take profits early and often!)
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BROKE THE 200 DAY . . . . love adbe products but not a good sign.
S&P UPGRADES OPINION ON SHARES OF ADOBE SYSTEMS TO BUY FROM HOLD, ON VALUATION
S&P Marketscope -
Related Quotes
Symbol Last Chg
ADBE Trade 39.12 -1.17
Quotes delayed at least 15 minutes
SNPMarketScopeResearchNotes2007-08-01 13:40:16.000ADBEADOBE SYSTEMSZ. BokhariS&P UPGRADES OPINION ON SHARES OF ADOBE SYSTEMS TO BUY FROM HOLD, ON VALUATIONADBE shares have declined by about 11% since the company reported May-Q results, and we think they now offer attractive upside to our 12-month target price of $48, which is based on relative and intrinsic valuation. While shares trade at a premium to S&P 500 software peers, the company is at the start of a major product upgrade cycle. We also think ADBE has considerable long-term potential for growth through its small but growing mobile and devices business segment. We are maintaining our EPS estimates of $1.35 for FY 07 (Nov.), and $1.58 for FY 08.|US;ADBE|63916|38401
Looks like insiders are getting out....Take care before you get in. may be will get a 5% but looks like risk...
http://www.insidercow.com/history/company.jsp?company=ADBE
No insider buying since ages. only loads of selling!
Great Article! Thank You!
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