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

To: Pete Mason who wrote (2035)	12/16/1997 7:55:00 PM
From: Patrice Gigahurtz	Read Replies (1) \| Respond to of 3111

Pete: Why meager p/e for ADBE ? I can understand why now, but assuming the Asian turmoil doesn't haunt the US economy, why a small p/e long term ? ========================= ---------------------- ===================== //////////////////// 0000000000000000000000000

To: Pete Mason who wrote (2035)	12/17/1997 2:23:00 AM
From: Frances	Read Replies (1) \| Respond to of 3111

>> Adobe seems likely to continue its "boring" path of strong, steady revenue/earnings growth. << >> Well, I think you're right there, but I also think the resultant small PEs (in the mid teens) are what investors should expect to see with this company. << Unfortunately, Adobe will still have the small PEs as you mentioned. But IMHO it will be alive again in the April time frame when the anticipation of major apps upgrade starting to kick in. $35 is a good price to buy NOW. Adobe will anouce its earning on Thursday after the market close.