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Technology Stocks : Adobe (adbe) opinions

ADBE 346.07

+5.3%

12:13 PM EST

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To: David R. Colby who wrote (2008)	12/12/1997 12:45:00 PM
From: Sam	Read Replies (1) of 3111

Definitely a combination of EFI, ADBE's own warning of several weeks ago, end of the year pressures, and the Far East stuff continuing to hit home. Japan is a decent sized market for ADBE, although I'm not sure what percentage of revenues it amounts to. But everything adds up to FEAR--shoot first, ask questions later. In this environment, stock could easily go back into the 20s, as remarkable as that is if one takes a step back and clears one's head of the emotional moment. But all of technology is going on sale here. Doomsday words are starting to fly, and will get louder over the next few weeks. And until January, it isn't likely to get better, as buyers go on strike. It is getting to be an unbelievably good buying opportunity for those with some cash and some courage. Good luck to all, Sam

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