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Technology Stocks : Adobe (adbe) opinions

ADBE 346.29

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Dec 5 3:59 PM EST

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To: Mark Palmberg who wrote (1888)	10/14/1997 11:11:00 AM
From: Tom M	of 3111

Mark I agree Adobe will benefit from IA64, but not till 2000. It's a bit early to get excited about Adobe's near-term stock performance because of that. The chip isn't even due till 1999, & I'll wager won't be available in quantity till 2000 - and that's if they settle their lawsuit with DEC amicably and can stick to schedule. Adobe saying they'll be on IA64 in 2-3 years is a non-news event. Adobe announcing "current" availability of their products on 64bit Alpha available today (like Oracle and Quark's recent announcement), now that would be a news event that would increase estimates for as early as next quarter, a little better than the 9-quarter-away IA64 news, IMO. Good luck, Tom

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