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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: W. Ruane who wrote (2610)	4/16/1999 12:17:00 PM
From: Doughboy	Read Replies (1) of 3111

Just taking a quick look, it appears that repurchase of 5 million shares would boost earnings from .62-.66 per share this coming quarter(what ADBE predicted during their last earnings release) to .68-.72 (assuming ADBE does all the purchases this quarter). Analyst ratings have improved. Two analysts went from hold to buy in the last month. IMO, ADBE is going to mid or high 60s by next earnings. Doughboy.

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