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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: Brander who wrote (1947)11/19/1997 1:15:00 AM
From: earthling  Read Replies (1) of 3111
 
Adobe is growing toward 1.5 billion revenues in the next 2 or 3 years. When they get there, at 20% earnings and a P/E of 20, and 60 million shares of stock (after the buyback), we'll see a share price of $100. They're now fully cooking on the Windows platform, and they are the company to beat in enterprise document and image management. It's a great trading stock because the market occasionally overreacts to inconsequential stuff.
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