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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: Joan Osland Graffius who wrote (1951)11/19/1997 10:37:00 AM
From: Senthil Sankarappan  Read Replies (1) of 3111
 
>>Do you know which product is slipping<<

Joan,
I don't know about that particular product. I checked in yahoo and it said that analyst was saying that the 5-10 mil shortage is due to a product slipping for few weeks. This does not look like a big deal at all to me since product slippages are so common in high tech industries. May be ADBE does not think it is a big deal and that's why they did not give a press release. This analyst may be hyping it up or the market as usual may be over reacting. Or may be it is even a trick by ADBE to buy those 15 Mil shares for a cheaper price. Who knows?? I am just ignoring this and enjoying my ride with IOM where the majority of my portfolio is tied. I think IOM is thousand times better than ADBE in earnings consistancy and beating the expectations. I am with ADBE just for the cheap valuation and their leadership in this publishing and imaging business.

Good luck to you all
-senthil
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