Adobe (adbe) opinions Message Board

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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: Mark Palmberg who wrote (1961)	11/21/1997 3:54:00 PM
From: James Ratzliff	Read Replies (1) of 3111

Has any investment brokerage lowered earning expectations for ADBE? I know that one analyst caused the meltdown this week, but I also read that ADBE responded that would only be a penny or so to its EPS. I am hoping for downgrades and reduced earning estimates, so they will have better shot at blowing away estimates as market share on the PC continues to grow! And what does it mean to miss a product cycle? Does it mean that they were going roll out a new product? Or does it mean that they were going to bundle something with some OEM like a scanner or OS or something and failed to deliver that? Please help. Are people really expecting the P/E ratio to go to 11-12? It's a software company!

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