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Technology Stocks : Adobe (adbe) opinions

ADBE 327.81

+0.3%

2:51 PM EST

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To: Chuck. Edwards who wrote (2055)	12/19/1997 12:49:00 PM
From: James M. Bash	Read Replies (1) of 3111

...So you're saying the company missed the original earnings estimates of 59 cents by 3 cents, or 5%. OK, fair enough. But since then, the stock has gone from $48 to ~$35, or down 27%. Doesn't that strike you as a wee bit of overkill?

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