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To: Elwood P. Dowd who wrote (23521)3/27/1998 8:05:00 AM
From: Roads End  Read Replies (2) | Respond to of 97611
 
EPD...Just turned on CNBC. What is the cause for the S&P up 8 points.?CPQ up 1.77 DM, about one US $.
Steve



To: Elwood P. Dowd who wrote (23521)3/28/1998 4:27:00 AM
From: Mike Gordon  Respond to of 97611
 
<<Adobe disappoints, S&P Futures up 7.30. Are we going up , or will Adobe results and profit-taking take us down today??? >>

Elwood: Sorry for the late response. I've watched Adobe in the past. It's interesting that Adobe was up $4+ Thursday, when two months ago analyst and themselves said that because no new products were in the pipeline, earnings would be flat. Why didn't CPQ have the same reaction? I guess my point is, there seems to be a buying frenzy. However, I notice considerably more activity in block trades. I still think this market is too high. However, I said that 30 days ago.

Mike