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Technology Stocks : Adobe (adbe) opinions

ADBE 328.85

+0.6%

Nov 10 3:59 PM EST

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From: Axxel	4/7/2002 2:09:24 PM
	Read Replies (1) of 3111

ADBE Adobe Systems Incorporated $ 35.80. Buy. This is a positive exception in the techs. Nice crash in September and we are still not back to pre-Sept numbers. Therein lies some safety. We like the fact that earnings are still pretty solid in the face of declining revs and their labor content numbers are attractive to our VTAR™ © 1992-2002 analysis. UPDATE 3.27.02: $38.40 no change-still constructive. 4.7: not likely to buck the trend in the techs...but not a disaster either

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