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


To: Mark Palmberg who wrote (1934)11/18/1997 4:45:00 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 3111
 
Hi Mark, >>I don't agree that ADBE is going nowhere.

I suspect one of the products "did not" or "will not" get in the channel to book revenues. The story will unfold. IMO we will have an opportunity to make some good money after she bottoms out. At least that the way I will play it, unless there is something else going on.

Joan



To: Mark Palmberg who wrote (1934)11/18/1997 8:35:00 PM
From: Stingray  Read Replies (1) | Respond to of 3111
 
The drop today seemed like an overreaction but we don't have much information to go on. If this is indeed something that only affects the current quarter then the long term outlook for the stock doesn't change. This is kind of like the reverse of the situation last quarter where they beat the estimates by a few cents and the stock went up by more than a dollar for every cent they beat estimates by. It sure would be nice if the company would make a statement to clarify things.