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Technology Stocks : Adobe (adbe) opinions
ADBE 328.07+0.4%3:23 PM EST

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To: Sam who wrote (2012)12/12/1997 4:21:00 PM
From: Patrice Gigahurtz  Read Replies (1) of 3111
 
I couldn't resist $35 and so sold all my MCRE to pay for ADBE $35. However, just to be safe had to sell Dec35 covered calls. They expire in a week and heck; why not as theres no telling when this Asian turmoil will end. Any idea when ADBE reports earnings ? I hope its not next week.

Am I right in my novice calculations; ADBE p/e is now tad under 15/1 for '98 est of $ 2.59 ? That can't be right, can it ? I haven't owned ADBE since early '97 but whats 'her' usual p/e ?

BTW: On 11/18 wasn't it reported that ADBE told analyts that 4th qtr earnings would be lower end of estimates between .53c and .57c ?
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