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

To: Sam who wrote (2012)	12/12/1997 4:21:00 PM
From: Patrice Gigahurtz	Read Replies (1) \| Respond to of 3111

I couldn't resist $35 and so sold all my MCRE to pay for ADBE $35. However, just to be safe had to sell Dec35 covered calls. They expire in a week and heck; why not as theres no telling when this Asian turmoil will end. Any idea when ADBE reports earnings ? I hope its not next week. Am I right in my novice calculations; ADBE p/e is now tad under 15/1 for '98 est of $ 2.59 ? That can't be right, can it ? I haven't owned ADBE since early '97 but whats 'her' usual p/e ? BTW: On 11/18 wasn't it reported that ADBE told analyts that 4th qtr earnings would be lower end of estimates between .53c and .57c ?

To: Sam who wrote (2012)	12/15/1997 10:47:00 AM
From: Pete Mason	Read Replies (2) \| Respond to of 3111

>> "But first, is 2 to 3 rev shortfall for ADBE a big deal ?" << Plus, it's a bit of a double-whammy (to use a technical term). First, they lose the EFII money which went straight to the bottom line (probably by way of the Acrobat team first, but hey...); but then there's the thought that if EFII revenues are so shockingly low, that might mean trouble in the printer market, which of course is where most of the PostScript revenue comes from (which also probably sinks directly to the bottom line). I'm sure the new Apple numbers aren't going to help either... -- Pete