Xref: utzoo comp.windows.news:392 comp.text:1720 Path: utzoo!mnetor!uunet!husc6!mailrus!ames!oliveb!sun!cairo!tut From: tut%cairo@Sun.COM (Bill "Bill" Tuthill) Newsgroups: comp.windows.news,comp.text Subject: Re: Adobe flagellating PostScript trademark Message-ID: <47265@sun.uucp> Date: 28 Mar 88 20:04:05 GMT References: <4237@hoptoad.uucp> Sender: news@sun.uucp Lines: 17 Summary: Adobe's business The recent Adobe flagellation of the PostScript trademark looks like a sign of an insecure company. An article in the current Barron's magazine recommends shorting Adobe. With a P/E ratio of 30, this would seem to make sense. The main problem here is that Adobe is already heavily shorted, with a short interest of 807,163 shares (6.35 times daily volume). That creates a nice floor under the stock as shorts are covered. At a recent Seybold conference, a new company in Mountain View announced font outline technology that appears to be faster and better than what Adobe offers. Let's admit it, the important part of PostScript is the font technology, not the language syntax (gag). There are lots of PostScript clone companies now, but most of them have not had compelling font technology. But it looks to me like they would, if they bought it from this new company.