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Technology Stocks : Adobe (adbe) opinions

ADBE 346.29

+5.3%

Dec 5 9:30 AM EST

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To: Miguel Octavio who wrote (1939)	11/18/1997 9:58:00 PM
From: Stingray	of 3111

> Am I missing something??????? Not much. It's pretty typical for stocks to fall sharply after an earnings estimate is missed. If this represents the start of a trend towards lower earnings growth then this makes perfect sense. If it's just a temporary shortfall which only affects one quarter then the price should recover one quarter after the shortfall when the earnings get back on track. I'm not particularly concerned and don't feel compelled to either sell or buy more as a result of this news.

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