[Leica] Adobe Stock Market Price

[Don Dory]

Definately agree and a good basic explanation of the efficient market
theory.  With that said, more and more of markets are moved by various
algorithms that may not be written to consider specific steps.  Adobe moved
aggressively to counter "Asian" hacks by going to the subscription model(my
brother was purchasing grey copies in Shanghai for $20).  That step
increased revenues that could be used for product improvement which has
been done.

For that portion of investments that are not in the broad category of ETF's
or large market sector funds we all want to be owners of companies that
"own" a market as long as management is ethical, prudent, and doesn't run
afoul of regulators.

But, returning to photography, the tools available in PS and LR are worth
the squeeze to keep the upgrades coming.  YMMV

On Tue, Jun 18, 2019 at 8:56 AM Nathan Wajsman <photo at frozenlight.eu> wrote:

> Even if all those wonderful things you mention are happening, then
> presumably it is already priced into the stock price—unless you are the
> only investor aware of these factors. So just because a company is doing
> well operationally does not mean that its stock is a good investment.
>
> Cheers,
> Nathan
>
> Nathan Wajsman
>
> Alicante, Spain
> http://www.frozenlight.eu <http://www.frozenlight.eu/>
> http:// <http://www.greatpix.eu/>www.greatpix.eu
> PICTURE OF THE WEEK: http://www.fotocycle.dk/paws <
> http://www.fotocycle.dk/paws>Blog: http://nathansmusings.wordpress.com/ <
> http://nathansmusings.wordpress.com/>
>
> Cycling: http://www.crazyguyonabike.com/belgiangator <
> http://www.crazyguyonabike.com/belgiangator>
>
> YNWA
>
>
>
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> > On 18 Jun 2019, at 07:58, Frank Filippone via LUG <lug at leica-users.org>
> wrote:
> >
> > 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.
> >> See http://leica-users.org/mailman/listinfo/lug for more information
> >>
> >
> > _______________________________________________
> > Leica Users Group.
> > See http://leica-users.org/mailman/listinfo/lug for more information
> >
> > _______________________________________________
> > Leica Users Group.
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>
>
> _______________________________________________
> Leica Users Group.
> See http://leica-users.org/mailman/listinfo/lug for more information

-- 
Don
don.dory at gmail.com