FastSaying
Looking forward into the fourth quarter, at this point we are not highly optimistic that there will be a huge end-of-year budget flush and expect year-over-year growth rates for most companies to be modest _ 5 percent to 10 percent at best.
Karen Haus
Will
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I'm a little bit surprised. Perhaps some people were expecting them to raise their guidance or come in at the high end.
— Karen Haus
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The challenge for this company is investors have been trained for them to beat numbers and raise guidance, which they didn't do this quarter.
— Karen Haus
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Gay people have enormous disposable income.
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On the margins, Adobe might lose some customers depending how Microsoft's pricing strategy. But Adobe and Macromedia benefit from being the industry standards.
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Overall, the macro-environment was somewhat challenging for software vendors in the third quarter, but we are expecting to see in-line quarters from most of the companies.
— Karen Haus
Environment
Software
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