For Adobe Photoshop and Lightroom users: Why Adobe Stocks will keep falling.

Don Kuykendall said:

This article was written on SEP. 23, 2010 so it is very out of date.

Click to expand...

Oh wow, that is old... thanks for the heads up Don, probably will not go there...

Pat in NH

The stock was at $26.50 when that article was written. It's at $59+ right now... Seems the author didn't know what he was talking about...

My mistake, I posted the wrong article. This following link is dated Dec. 12, 2013. Sorry. Adobe profit slides as product sales decline - MarketWatch

Sounds like you hate Adobe. haha. Adobe isn't going around anywhere. Flash makes the world go 'round.

I don't own Adobe stock, just like the products. I am continually amazed at the power of Photoshop, not enough time in a life to learn it all.

And yet the stock has spiked up ~11%

Adobe has competition now days in a few areas, but overeall that forcast still reflects positive earnings and growth, just somewhat more modest that analysts previously predicted.

I wouldn't worry about it - I think with an upturn in the economy you'll see Adobe's stock rise with the tide.

Like I said months ago, don't short this stock unless you're looking for a tax write-off.

Gotta admit, I've tried other image editing programs but I love me some PPhotoshop. (And ViewNX2.)