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Technology Stocks : Adobe (adbe) opinions
ADBE 345.83-1.5%2:21 PM EST
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To: Peter Shaw who wrote (1710)9/21/1997 1:31:00 AM
From: Frances   of 3111
 
>I suggest everyone listen to the conference call if the
>recording is still available.
>From the sound of it, the analysts are very sceptical
>of strong results for the next few quarters.
>1998 will be very backend loaded for revenues due to the
>lack of *new releases*.
------------------------------------------------------------

In the conference, Adobe only says that there will be no major (Photoshop, Illustrator and PageMaker)new release in Q4 and will not comment on 1998 release because its policy is to only anounce release about 1 month before the actual release date.
Adobe also says it is still on the 15 months release cycle for its major apps which means there will be Photoshop, PageMaker release in Q2 and Illustrator release in Q3/Q4.

Cheers,

Frances
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