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

To: Patrice Gigahurtz who wrote (2025)	12/15/1997 1:14:00 AM
From: David W. Taylor	Respond to of 3111

I think earthling's five year horizon is about right. Sorry Patrice. I don't completely understand 5 day covered calls. If you can make money at it, then it must be OK. Of the three stocks, MCRE, MACR and ADBE, I thing Adobe is the clear winner. I was lucky enough to make a few grand on MCRE earlier this year by buying FRAC when it was on sale at a huge discount. I wouldn't touch MCRE today. MACR is a dead stock. The way I look at this is from pure fundamentals: which products am I buying or seeing other people buy. MACR has been a basket-case for years. MCRE is a case of foolish over-acquisition. ADBE is a foundation of the industry that will be around for the long haul and selling at a PE of around 12.5 according to MS Investor. How hard is it to pick one of these?

To: Patrice Gigahurtz who wrote (2025)	12/15/1997 1:18:00 AM
From: earthling	Respond to of 3111

I think that both Adobe and MetaCreations have a good sense of what they are up to and where they are going. Adobe has always done solid products for graphics professionals, and now that they are large they are moving steadily toward the high-profit enterprise opportunities. MetaCreations is into graphics and interfaces for the sheer thrill of it. It's a magnet for brilliance. I like both companies very much. As for Macromedia, it seems forever be opportunistically chasing after this and that. As a whole, their business doesn't seem to have any true coherence. How's that for sheer impressionistic non-quantitative analysis? As for the numbers, my spreadsheet--pre-Asia and assuming that Apple doesn't fall apart in 1998--shows $68 for Adobe and $17 for MCRE in 1998. With Asia problems, those prices might not happen until 1999. I don't bother to run numbers on Macromedia. But why company ADBE, MCRE, and MACR? Look at the incredible bargain on EFII, which I've renamed ef!!!!!!!!