[Leica] Adobe Stock Market Price

[Frank Filippone]

 To answer your question, Yes.  I own the stock.  I do not make recommendations for things I do not do myself  I disclosed this when I recommended it, over a year ago.

The stock has risen over 20% in the year I have owned it.  

My basis for recommendation, a year ago:  

Adobe is a Multi Billion annual revenue company.  ( to date in the past 4 quarters, $9 Billion) 

Adobe is a major if not monopolistic company in the Imaging SW game.  Monopolistic market makers are money makers.  Their background ( for the youngsters) was the licensing of type faces ( what we now call fonts).  Their long term model is to RENT.  Not sell.
It is obvious that they are dominant.  Is is also obvious to me that they are almost a monopoly ( as they were in the Typeface market).  

They listen to no one.  They act in a predatory style towards their customers.  They pay no dividend, keeping all profits.

If you want to believe the Company BS, they are expecting a 20-32% increase in their Digital media revenue.  

All reasons to own the stock.
They will make a LOT of money.  

Buy the stock.
 
Frank FilipponeRed735i at verizon.net
 
 
-----Original Message-----
From: Jayanand Govindaraj via LUG <lug at leica-users.org>
To: Leica Users Group <lug at leica-users.org>
Cc: Jayanand Govindaraj <jayanand at gmail.com>; Frank Filippone <red735i at verizon.net>
Sent: Mon, Jun 17, 2019 4:35 pm
Subject: Re: [Leica] Adobe Stock Market Price

Do you own the stock? It is much easier to advice other people (i.e. play
with their capital) on investment than it is to invest your own money (i.e.
commit your own capital). Stock picking ideas are best listened to from
people with considerable skin in the game! My experience from being the
owner of a stockbroking firm for 22+ years!

Cheers
Jayanand

On Tue, Jun 18, 2019 at 6:26 AM Frank Filippone via LUG <lug at leica-users.org>
wrote:

>  Adobe will announce profits tomorrow after the market closes.
> Just remember, YOU helped them get where they are......
> It is not the fee per month, it is the number of us paying that
> counts........
> Imagine when they actually double the fee....... and the additional
> profits........
> I told you to buy the stock............
>
> Frank FilipponeRed735i at verizon.net
>
> _______________________________________________
> Leica Users Group.
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>

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