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Technology Stocks : Adobe (adbe) opinions

ADBE 317.32

-0.7%

Nov 26 3:59 PM EST

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To: ron delany who wrote (2341)	4/2/1998 2:39:00 PM
From: Frances	Read Replies (1) of 3111

Fundamental is good too, it wasn't good for Q1, but will be good for the 2nd half of the year (it can even be good for Q2 if PhotoShop ship before mid-May). Stock market is looking forward and decide to forgive ADBE's Q1 bad number. I am not a day/week trader, I wish I can predict what ADBE's price will be for next week. But I feel comfortable to hold on my long position until ADBE climb to $55 couple of months from now. AFter the major-3 (PhotoShop, Illustrator and PageMaker) upgrade come out, then ADBE need to prove its new (smaller) produces can carry the balls because the next major-3 upgrade will be in year 2000.

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