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Technology Stocks : Adobe (adbe) opinions -- Ignore unavailable to you. Want to Upgrade?


To: Frank Wechsler who wrote (2848)9/15/2000 1:10:08 PM
From: Michael F. Donadio  Read Replies (1) | Respond to of 3111
 
Frank,
I thought the same thing. I suggest one ignore these target prices which seem ridiculous. The quarter was great and steadfast ADBE is now one of a few stocks that is rising in this Nasdaq downturn. The future for ADBE is brighter than ever with the rapid growth of broadband through DSL and cable only accelerating the quantity and availability of digital imaging on the internet.

H&Q obviously meant Adobe's target price was $130 -- AFTER the Split. It's up 8.5 - 9 today.

Adobe has never been hotter,
Michael

P.S. Analysts often miss what is right before their eyes. Video and imaging is coming to the internet. The tools to accomplish this will come from Adobe.