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Technology Stocks : Adobe (adbe) opinions

ADBE 323.93

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3:37 PM EST

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To: Sam who wrote (2170)	3/26/1998 3:27:00 PM
From: Mike Connolly	Read Replies (2) of 3111

thanks -- that's a really, really good point! Guess this is all just wild speculation on good earnings -- I doubt Adobe would slip the word to analysts w/o making public announcement (contrary to rumors, they did not do so last quarter -- the media totally misinterpreted cfo's comments, based on my conversation with Dir. of IR shortly afterward). On the one hand, I'm tempted to take profits now, but on the other hand it's not hard to imagine Adobe profit growing 25% this year (over last yr's 2.29 normalized) -- implying $70+ target.

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