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


To: Mark Palmberg who wrote (2584)2/17/1999 6:05:00 PM
From: Doughboy  Read Replies (1) | Respond to of 3111
 
Around this time last quarter, Adobe pre-announced that earnings would exceed estimates. Maybe Warnock has a similar move up his sleeve. (Let's at least hope that they saved a couple of $$$ from the last blowout quarter to juice this quarter.) IMO, Adobe has gotten unfairly beaten up. They've got a great product line-up that will power this stock in the second half of this year. At this point Adobe is growing earnings at better than 30% a year while its P/E is below 25 (based on trailing earnings). What gives?

Doughboy.