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


To: chaz who wrote (2916)9/17/2002 9:23:23 AM
From: LemonHead  Read Replies (1) | Respond to of 3111
 
From MS Investor Sept 2002 (Data through 8/31):

Fair Value $22, Current Price $20.10, Consider Buying $17.60, Consider Selling $28.60, Price/Earngs $27.51.

[snip]
Valuation: we think the shares are undervalued.
Growth: We expect revenue to fall 5% this year.
Financial Health: Adobe is in stellar financial shape.

The Bulls Say: As the popularity of digital photography and digital video spreads, so should demand for Adobe's software.

The Bears Say: Adobe's top products are mature.


FWIW
Keith