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Technology Stocks : Adobe (adbe) opinions
ADBE 319.89+0.6%9:41 AM EST

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To: Tom M who wrote (2429)8/3/1998 4:18:00 PM
From: Tom M  Read Replies (2) of 3111
 
Wow 30 15/16. Well there's certainly FEAR in some tech stocks.

Pretty amazed ADBE with a 12 P/E and 29% growth for next year over this year fell like this while Apple shows it's still there to buy S/W. Can't seem to budge Compaq down which is up 40% off its low with multiple quarters of 0 or .02 earnings & big questions on DEC absorption.

Anyone out there justify this beating fundamentally?

Joan - you still comfortable with ADBE?

thanks in advance,
Tom
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