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Technology Stocks : Adobe (adbe) opinions

ADBE 324.44

-0.3%

3:59 PM EST

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To: Mark Palmberg who wrote (2514)	9/2/1998 3:54:00 PM
From: Kelvin D. Nakamichi	of 3111

Couple of big selling sprees around noon. Could be dumping by folks that bought when the Quark... er thing was announced (myself included). I've decided to hold at least until after Labor Day. I've already taken my beating. I figured that on the plus side, Quark could make offer an actual offer, and/or earnings could be better than expected and/or ADBE could announce that their getting their house back in order and/or the stock could move up on positive product news (from Seybold?) and/or ADBE could fill the down gap from 30 to 28. On the negative side, earnings could be worse than expected but they already preannounced that earnings will be crappy so most of the downside should be factored into the stock price already (I hope). Since the pluses seem to outweigh the minuses, I'll hold and see. Good Luck, Kelvin

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