The proliferation of video is an important trend. Adobe is the most important software firm in this space. Flash is one of the key driving forces enabling the video revolution. Flash was developed by Macromedia. Since Macromedia was acquired by Adode, the brain trust that created Flash has ascended to the upper echelons of the Adobe management team. The glare of explosive reveune growth often blinds tech investors. Go w/the tortoise. Adobe is a core holding. They will be there at the end. Their fundamentals are stellar. Twenty per cent + profit margins, excellent cash flow and free cash flow growth, lots of cash and no significant debt. The forward PE is currently very low, as is the stock price. BUY NOW!!!
$34.67 (02/01/08)
