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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: Challo Jeregy who wrote (3191)	6/13/2002 5:04:41 PM
From: Jorj X Mckie	Read Replies (2) \| Respond to of 17639

hmmmm, the way that I feel about adbe is.....kinda mushy stockcharts.com db at 35 (broken in AH) spread quad at 34 (currently 33.80) They lowered the range for the next quarter, which seems to be what the market is responding to....If you are looking at it for a DCB trade, yeah, maybe. For LTBH, NFW. September lows should be tested eventually. IMO 16:36 ET ADBE Adobe Systems beats by two cents; updates guidance (36.19 -1.12) -- Update -- Reports Q2 earnings of $0.27 per share, $0.02 better than the Multex consensus estimate; Q2 revs came in at $317.4 mln vs the consensus estimate of $312.6 mln; sees Q3 revs in the range of $300 to $320 mln vs the current consensus estimate of $324.8 mln; expects Q3 earnings in the range of $0.24 to $0.27 per share vs the current consensus estimate of $0.26 per share.