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Adobe Systems Incorporated Message Board

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  • cinemabyte cinemabyte Apr 7, 2000 2:44 PM Flag

    25% growth doesn't justify 124 either

    I can see YHOO at a 1500 PE at 160% growth
    as
    it's loaded with gamblers, and ADBE with
    25%
    growth, the PE should typically be around
    35 to 45. So
    yes I'd agree that it is
    overpriced. The best way
    to manage this
    investment is to trim it at times
    like today
    and load up when it crashes violently!

    I think this stock will become increasingly

    volatile and that is a TRADER's DREAM!

    Let's suck
    some money out of ADBE stock on the swings!

 
ADBE
94.90+0.68(+0.72%)May 2 4:00 PMEDT