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Technology Stocks : Adobe (adbe) opinions

ADBE 325.40

-1.7%

Nov 17 3:59 PM EST

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To: JBTFD who wrote (2562)	11/6/1998 12:52:00 PM
From: Doughboy	Read Replies (1) of 3111

Wall Street is treating Adobe very strangely. They announced an earnings surprise of 60-65 cents this quarter (announcing Dec. 16), yet estimates are still frozen at 55 cents. It seems to me that analysts are going to have to scramble to up estimates over the next few weeks or else ADBE is going to announce a 10 cent blowout quarter. Isn't it a sure thing for us? What am I missing here? Doughboy.

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