I’m with you on that. The problem with forums is that they are mostly noise and spam. My web designer is coming up with some ideas as to how we can organize the comments and posts and clean up a site that is otherwise a long chain of fairly unorganized discussion.

I’m not a big fan of Forums suggesting stocks to buy. I don’t like the idea that someone could be trying to pump up the stocks they own, doing a disservice to the rest of us and worse to anyone who might buy. Then if you point out the flaw in their buy suggestion, you get 10 more entries of attempted justifications and explaining away items of importance. To me, Forums suggesting stocks is just asking for pollution to a very clean web site. Seldom do I ever read the comments that people add to an article, this web site is the exception. I read every comment made by everyone, and learn a lot from those comments. I see this readership today on fwallstreet.com as an educated group, very low noise level. These are not the type of people who would forward on a chain letter (or chain email). I hope it stays that way.

Stephen

Night and Tim2: I talked to my web designer and he is going to get back to me with a quote. I’ll let you guys know.

..and you have really helped me to transition from being an emotional roller coaster “quote-my-stocks-every-10-minutes” kind of investor to one that actually gets EXCITED when i see me favorite (SNDK, btw) fall even further. “what, its even ~cheaper~ today…you fools, of course i will take some more”. once i learned how to determine the intrinsic value of what i owned, to have something to hang my hat on, it allowed me to sleep at night.

many many thanks – i (and my sanity) owe you the world.

David: The art of investing is in trying to predict the future. Adobe is now a mature company. Though it will likely continue to grow, I don’t necessarily see rapid triple digit growth over the next ten or so years, regardless of the trend of the past.

My projections were merely based on my thoughts. We look at the past as a guide to the stability and predictability of the company; the projections of the future are entirely up to us.

Make sense?

I’m with you 100% on ADBE, except for the IV.

Perhaps you could share your thoughts about how you arrived at your 3 growth rates, and why you chose to use 3 — I noticed that the spreadsheet you used for JNJ derives IV using only 2 rates.

I apologize in advance if this is covered elsewhere on your site.

And thanks for all your insight!

David

I’m really pleased that you decided to post this clarification about Adobe.

It answered a lot of questions I had. I read your analysis of Adobe last night and to be honest I can’t say I was foaming at the mouth for it either. Basically for the same reasons you discussed in the clarification.

I can safely say that I am a non-convential investor, and I wouldn’t be suprised if 90 percent of the posters on your blog are too! I think that you need to be non-conventional to start looking for answers (and not trust anyone but yourself).

I get a sense of satisfaction of buying stocks that have ‘sell’ ratings and everyone is staying clear from. Then to watch the stock receive ‘buy’ ratings. Has the company changed?…. Nup… these people that give these rating seem to pull them out of their ****… That how I ended up owning crappy Apple stock (prior to learning how to value companies). Love the products… hate the stock… but Apple is a great example of how neurotic the market can be… (which is good for us… so I’m not complaining)

Keep up the great work on the website!

Oh… before I go!

Here is one for the suggestion box…

One of the most time consuming things I have found sofar is actually going through the thousands of stocks and finding ones that I want to look into further. I’m sure that people have their own methods, and I have mine.

If you were to have a topic for people to post companies that they have valued (and keep it short) then that would be a great resource to start from. Although everyone should do their own valuation before purchasing any stock!

Just thought I’d put that idea before you because I’m spending countless hours just getting my shortlist.

Tim

Me too.

I wasn’t too excited about adobe, though I’ve used their products for years and I really understand how strong of a grip they have with their products. I’d probably be excited if their price dropped another 30% though, haha.