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Technology Stocks : Adobe (adbe) opinions

ADBE 350.44

+2.1%

3:59 PM EST

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To: Mark Palmberg who wrote (1819)	10/1/1997 10:58:00 AM
From: Sam	of 3111

This will test the resolve of Adobe bulls: biz.yahoo.com I'm not sure if this is an expansion of their prior announcement that they will be dropping Adobe's Postscript on some of their printers, or just a reiteration. Note that their substitute will be compatible with Postscript 2, not 3 (which as far as I know, Adobe has not released to other developers yet). However, for most purposes, Postscript 2 will suffice. So my question: does anyone know if this is just the "public" public announcement or something new? Adobe has always said that the revenue drop from HP would begin in this quarter, and would amount to about $2 million per quarter (or month?--I forget which! probably denial/resistance). If that is all it is, then it is in the stock price already; if it is more, than the shoe should be dropping soon.

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