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


To: country boy who wrote (2214)3/27/1998 8:41:00 AM
From: Tom M  Read Replies (2) | Respond to of 3111
 
Hi Country Boy, looks like you've been 'a ridin' this one now. Should be interesting. Ask showing @ 44 basically back to "no news" level. With "news" of missing lowered estimate of .47 by about 25% to .38 (.33 normalized), one could logically expect a 25% adjustment to price or 45 - 25% = 33.75. Of course the market's not logical. ADBE used half its cash from last year to prop the stock up with the buyback. Future should be good, balance sheet looking worse for now.

range predictions?

Tom