SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Adobe (adbe) opinions
ADBE 322.790.0%Dec 2 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark Palmberg who wrote (2096)2/11/1998 2:12:00 PM
From: Barry Dryer  Read Replies (1) of 3111
 
FWIW, an article (Silicon Values) appears in the March '98 issue of SmartMoney magazine. It selects five tech stocks that are currently undervalued and should be bought now. One of the featured stocks is Adobe which they show at a price of $39.25 (as of 1/16/98), not much change from where it trades today. At this price, they calculate a P/E ratio of 14.0 compared to an expected 3-5 year growth rate of 18.4%.

Three other stocks featured are ASMLF, ADSK and DELL, each of which is currently trading at levels 15-20% above the 1/16/98 prices on which the article was based. Their fifth selection is NSM which is trading 7% below its 1/16/98 price.

There could be some positive reaction in ADBE when this issue becomes more widely distributed, but I won't hold my breath.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext