From Barron's 4/16/07 "The company's steadily growing revenue, strong debt-free balance sheet and prodigious free cash flow have helped make the shares (ticker: ADBE) a winner. Since 2001, they have climbed from a low of 8.35 to 42, a good chunk of that rise coming over the past 12 months. But there looks to be plenty of upside left, thanks in no small part to a promising series of product launches slated for the next three months. Taken together, the launches are probably the most eagerly awaited in software this year, after Microsoft's Vista operating system."

From Barron's 4/16/07 "To take advantage of the buyout boom, Michael Santoli in the Active Trader column suggests MVC Capital (MVC), "a $330 million-asset buyout firm and lender that's risen from the ashes of an ill-conceived public venture-capital company. It's now run by Michael Tokarz, a 17-year KKR veteran who led some of the firm's most lucrative deals. It buys and lends money to smallish, mostly Old Economy companies, has shown good financial discipline, has a large tax-loss asset and is worth a look."

From Barron's 4/16/07 "It comes as little surprise that the company late last week disclosed that it was taking people off the development of its new operating system -- Leopard -- in order to meet its self-imposed deadline to launch the iPhone in late June. Late Thursday, Apple (ticker: AAPL) announced that the iPhone had "passed several of its required certification tests" and is on schedule to ship on time. Wolf says the introduction of Leopard should give Apple a $150 million-$200 million one-time revenue boost, based on upgrades by existing users alone. He expects the delay to shift additional earnings into Apple's fiscal 2008 (the company's fiscal years end in September), thus lifting profits next year by a dime a share, to $3.85."

From Barron's 4/16/07 "Thanks to outsourced manufacturing in China, and unburdened by a capital-consuming retail arm, K-Swiss will keep throwing off cash, even if earnings are depressed. Cash flow last year hit $106.7 million, or a solid 21% of sales. And the international side of the business, 35% of sales, is shaping up as a real bright spot. It's growing almost as rapidly as the domestic portion is in retreat. K-Swiss, for its part, sounds as if it is getting ready to accelerate a long-term 4-million-share buyback program that absorbed only 5,000 shares last quarter. "The time we would buy," Nichols told analysts in February, "is when we have a higher opinion of our company than the market does." Investors might be wise to return that volley with some buying of their own."

From Barron's 4/16/07 "Selling office products and services is about as unsexy as it gets -- until you consider the numbers. Take Office Depot, the nation's second-largest operator of office-products superstores, which rang up a 30% annualized gain in earnings in the past two years. The company, based in Delray Beach, Fla., also generates substantial amounts of free cash, which has enabled it to build new stores, remodel old ones and buy back some $2 billion of stock in recent years. That's a lot of paper clips. Even better, these days, Office Depot's shares (ticker: ODP) are cheap. At 35 apiece, they have fallen almost 25% from their 52-week high of 46.52, and sport a price/earnings multiple of 15 times 2007 estimated earnings."