Thanks to all for the information.
What is need to do is - I thought

- relatively simple. In my classes some on videos demonstrations. I get these on a DVD.
I would like just to be able to:
- edit out sections where not much is happening
- perhaps to insert sections containing explanations.
In a small business, one wears all the hats. I now do some edtiing of the sound files of lectures, etc. Removing a section, copy and past and all of that is easy to do with a program called GoldWave - shareware $45.00.
I don't mind spending $100.00 or so. It seems that Adobe Premiere Edition will allow me to do the simple operations I mention and has the most votes for beginner level and price.
Thanks to all.