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Technology Stocks : Adobe (adbe) opinions

ADBE 352.46

-1.4%

Dec 23 3:59 PM EST

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To: xiangheng xu who wrote (1749)	9/23/1997 10:25:00 AM
From: Michael F. Donadio	of 3111

Xia, two things struck me about the CNBC interview. One was that Adobe wasn't sure what Apple was doing with rhapsody. It may be put on servers.[Does anyone understand what this might be all about?] Asked if it was strange for the hardware maker (apple) not to tell the software maker (adobe) what was going on, John Warnock said something to the effect that it was, but not considering the changes going on over at Apple. The second thing was that when asked about the stock buy back program, Warnock basically said that their venture capital always looks for great technology buys, and this time the best buy they could find was ADOBE. A low key speaker very strong about ADOBE. I'm holding on to it--all of it. All the best, Michael

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