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Technology Stocks : Adobe (adbe) opinions

ADBE 317.97

-2.0%

3:59 PM EST

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To: Stuart Scolnik who wrote (2453)	8/12/1998 11:16:00 AM
From: El Ferna	Read Replies (2) of 3111

My sentiments exactly.... Does anyone know what the revenue projections for this current quarter were? How about the breakdown of the restructuring charge; does it include severance packages for the RIF'ed employees etc. I don't have a handle on how they arrived at earnings break even to a loss for the quarter and am sure most people (including analysts) do either. Anyone care to venture any guesses? Being the eternal optimist, I think we have seen the bottom for the short term future. As to whether Asia business conditions improve, or whether ADBE's cost cutting measures will be successful in the long run, it appears like we have a better than even chance of price appreciation. But then again I have been almost totally wrong on this stock and can only guess. El Ferna

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