Cuggino Sees Microsoft-Adobe Talks in `Early Stages'

Oct. 7 (Bloomberg) -- Michael Cuggino, president of Permanent Portfolio Funds, talks about a report that Microsoft Corp. Chief Executive Officer Steve Ballmer discussed buying Adobe Systems Inc. Cuggino, speaking with Matt Miller and Carol Massar on Bloomberg Television's "Street Smart," also discusses the outlook for the U.S. stock market. John Brady, senior vice president at MF Global, also speaks. (Source: Bloomberg)