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Non-Tech : ADM anyone?
ADM 58.62-0.4%Nov 14 9:30 AM EST
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To: robby heinemann who wrote ()9/17/1997 10:52:00 AM
From: nanu swamy  Read Replies (1) of 106
 
Hi robby,

What makes you think it is a good company? I want to balance
my "tech heavy" portfolio with something relatively conservative
and am looking into this.

Looking at the graphs, ADM is trading at prices which are not
too much away from last year so I think there is potential
for going up although the PE is close to 40 (?)

Have you looked at the month to month "short interest" for
ADM? I use that as a sort of indicator which tells you how
much "force" there is which tends to pull down or pull up
the price.

Will let you know when I find out more...
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