I confess I sold off some of my macr yesterday, as the valuation just seems insane at this point. I have been long on both ADBE and MACR, but decided "locking in" some profit at this point was smart. I'm going to keep an eye on MACR and buy back in if it goes back down, as I don't see a downside to getting ADBE shares from it in the fall. I'm a graphic designer and have used both company's products since 1990. I'm not an Apple user, so can't address that question. And I'm not sure what you mean by MS "killing much of pdf/email." I think both Flash and pdf are here to stay, but there's a lot of really cool stuff you can do with Flash for phones, and I think that's where the money's gonna be in the future...and why ADBE has finally bought out MACR.
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