Alawiggle Records and Broking, Inc.
4444 Alawiggle Avenue
Oakdale, California 95361
1-800-WIG-4444
42 Coffee Road
Modesto, CA 95355
April 14, 2005
Mrs. Elms
1000 Coffee Road
Suite 112, Downey High School
Modesto, CA 95355
Dear Mrs. Elms:
As your stock broker, I am inclined to research three companies to the best of my abilities and report back to you. I have spent many hours scouring the New York Stock Exchange in search of the best stocks to purchase and the following will give a nice overview of what these companies are and how their stocks run their course. Each of these stocks will be more detailed in the enclosed documents which contain an overview of the company (again), the stock course, what they are about and what they sell with other relevant information.
The first company that I have invested your money into is Wal-Mart Stores, Inc. I believe this is a good purchase of stock for many reasons, but I will list just a few so you can get the idea. Bases on its revenue, it is the largest company in the world. It also holds an 8.9% of market share, which means that every eight dollars and ninety cents out of one hundred dollars is spent at Wal-Mart. For those two reasons alone you can see that Wal-Mart is a very good stock to invest into.
The second company in which I wisely decided to invest your hard-earned money into is Best Buy Co., Inc. As with Wal-Mart, there are money reasons I decided to invest in this corporation, only a few reasons I will be going over, however. The first is that Best Buy is the largest retailer of consumer electronics among other items in North America. Also, for the most part, Best Buy has a habit of rising upwards more than it falls down. It also trades for a relatively small amount so purchasing more will definitely return more money in the end.
The third and final company I have decided to invest your money into is Adobe Systems, Inc. This is one of the most excellent stock to buy in my personal opinion. Over the past year, stock price has shot up and it is imperative to get into the game, so to speak, now so you may have the best chance to capitalize on this excellent opportunity. If we were to extrapolate from past trends, Adobe Systems stock is only going to rise. This is excellent news to you because it means that whatever we put into this brilliant company is going to net you a significant amount of money over what you invested.
As you can see, you are in good hands with Alawiggle Records and Broking. We have nothing but the best thoughts and intentions in mind for you and your money. We plan to watch these excellent stocks very closely so we can keep you as up to date as possible with your stocks. All of this information is in the three enclosed documents. They provide an overview of the history of the company, among many other useful facts including stock.
Sincerely yours,
Jeff Bowen
CEO Alawiggle Records and Broking
Jeff Bowen
Period 7
04/15/05
Adobe Systems
Adobe Systems is a computer software company. They have made many popular products which are used massively today in the computer business. These include: Adobe Photoshop for digitally manipulating images, Adobe Illustrator also for images, and one of its most widely known products, the Portable Document Format.
Adobe was founded in 1982 by John Warnock. Adobe started off with PostScript and got into the consumer market with Adobe Illustrator for Macintosh. In 1989 Photoshop came along and became its main product. While Adobe came upon hard times, it lasted thanks to revenue still coming in from PostScript licensing and was able to stay on its feet until it started to acquire smaller companies and ship out their products. Its most recent efforts have revolved around the Portable Document Format. Adobe, in 2003, was rated the top fifth best place to work at.
For the fiscal year of 2004 Adobe Systems brought in $15 billion in revenue.
Adobe’s stock over the past five to ten years has been very beneficial to stock-holders. While it may have been small to begin with, it steadily rose to where it is now, practically doubling in price.
Jeff Bowen
Period 6
04/14/2005
Best Buy Co., Inc.
Best Buy Co., Inc. is the largest retailer of consumer electronics among other technology related items in North America. They also have a very popular section called the Geek Squad that helps to fix computer related items.
Richard M. Schulze opened up Sound of Music in St. Paul, Minnesota in 1966 which became the basis for Best Buy. In 1983 the company was renamed Best Buy Co. In 2002 Bradbury Anderson was named CEO. In 2004 Best buy bought the Geek Squad. Best Buy has existed for over forty years now.
Best Buy specializes in audio-visual related equipment. This includes CD, DVDs, TVs, among the various players for each. Best Buy also has a large collection of stereo equipment for home use and car use. Also is computer related equipment which plays a big part. They sell everything from modems, to computers, to monitors, etc.
For the fiscal year of 2004, Best Buy Co. brought in $24 billion.
Over the past ten years, Best Buy stock has risen by 31.3% in the industry. However, the ten year plan did much better than the five year plan as the five year plan fell by 1.1%. This stock is considered one of the strongest in the industry.
Jeff Bowen
Period 6
04/14/05
Wal-Mart Stores, Inc.
Wal-Mart Stores, Inc. is the largest company in the United States of America. For 2004, Wal-Mart brought in a total of $285 billion in revenue. Wal-Mart also has 8.9% of the market share, meaning every eight dollars and nine cents out of a hundred dollars spent was spent at Wal-Mart.
Wal-Mart sells a large variety of products ranging from books, electronics, to kids toys and groceries. Wal-Mart also owns Sam’s Club which specializes in small-business products.
The first Wal-Mart was open in 1962 in Rogers, Arkansas. In 1969 the store was incorporated into Wal-Mart Stores, Inc. In 1991 the first store outside the US was opening in Mexico City. Wal-Mart has existed for over forty years and is still going strong. It was created by Sam Walton.
The management ladder is very easy. Employees are referred to as associates. Managers are thought of as servant leaders. There are also employees known as People Greeters which literally greet people at the day and check receipts on the way out.
Over the last ten years, Wal-Mart Stores, Inc. stock has risen by 15.4%, a significant increase. The last five years, it has fallen by 3.0% of that.
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