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Technology Stocks : Adobe (adbe) opinions

ADBE 333.25

+1.3%

9:56 AM EST

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To: chaz who wrote (2922)	10/28/2002 1:52:09 AM
From: Dave	Read Replies (2) of 3111

I think we're in agreement, Chaz. I was just saying that I thing ADBE is overvalued. I do think they will most likely remain relevant in the creative software markets, and I don't see anybody threatening the dominance of Photoshop or Postscript in the near future. But the stock is priced for extremely rapid growth, which doesn't seem to be in the cards for Adobe. I'd like to see a return of innovation to Adobe. They have fine engineers there, but the subdued corporate culture does not seem to foster the kind of wild-eyed creativity that is needed to invent new whole markets the way that Postscript and Photoshop did. I don't count as Adobe innovations Premiere, which was written by Randy Ubillos at SuperMac, or InDesign, which as far as I know is basically a refined clone of Quark XPress, or After Effects, which was written by the various Daves at CoSA. Dave

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