I think it's fair to say that if this thing closes above $29.00 today it'll be the last time it trades with a $28-handle. sayonara. i reiterate my view here: MSFT/GOOG/AAPL are insane to have not bid on this asset yet. it's one of the last independent/innovative/RELEVANT software manufacturers out there trading under $15 billion enterprise value. Adobe throws off over $1.0bn in free cash flow a year. solid balance sheet with NET CASH. AAPL's cash yields them 0.75% annualized? Steve Jobs can bash Flash all he wants, he can't recreate that franchise in the time it would take him to recoup his $20bn investment in Adobe. What are these guys waiting for?