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Technology Stocks : Adobe (adbe) opinions

ADBE 322.79

0.0%

Dec 2 3:59 PM EST

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To: Mike Connolly who wrote (2172)	3/26/1998 3:47:00 PM
From: Sam	Read Replies (1) of 3111

"I doubt Adobe would slip the word to analysts w/o making public announcement (contrary to rumors, they did not do so last quarter)" I'm not so sure. Volume and a spike like this isn't unusual AFTER a good report, but it isn't typical on the day OF the report. Last Q, ADBE announced ahead of time that earnings would be slightly better than expected, according to the news releases that I read (sorry, don't have time to go back and find them). But that was a public announcement. This move is not typical for ADBE. Not that I'm unhappy with the move. But, as I said before, these things cut both ways, whether good or bad. And I would be pissed as hell if we were dropping $4 for "no reason". s.

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