Adobe Seeing Solid Buy Interest Ahead of Earnings Today

Jun.14.07 | About: Adobe Systems (ADBE)

Adobe (NASDAQ:ADBE) has positioned itself very well for the digital publishing age. This includes such online developments as its Creative Suite, but also under-appreciated potentials for Acrobat as a vehicle for rich multimedia publication.

Analysts expect a good earnings report for Thursday; the chart below shows that we've had solidly rising dollar volume flows into the stock over the last 200 days--a good sign of institutional sponsorship. Money flows over the past 10 trading sessions have pulled back to their 200-day average: a situation that has marked recent buying opportunities.

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