ADBL was recommended on 10/29/03 by one Market Digest Online. Here is some of the commentary:
10/29/2003 AUDIBLE.COM: (ADBL) $2.87Down $.11 and traded on the OTC Bulletin Board.... This stock is traded on the OTC Bulletin Board. Back before the bubble burst, ADBL traded as high as $25.00. If you're not a member of Audible.com, you need to join. The stock probably has a pretty good chance of trading substantially higher. I've been a member of Audible for over three years. You can buy top selling books at the site and download the books on to an MP3 player to listen to in you automobile, stereo system or MP3 player. On long trips, it's a great way to make the time fly by much faster. I've listened to books such as Seabiscuit, Bridget Jone's Diary, A Walk in the Woods, Dreamcatcher, The Wild Blue, The Good German, The Hobbitt, Hughes, Band of Brothers, Ghost Soldiers, The Orchid Thief, A Painted House and Into Thin Air. All in all over the last three years I've listened to several dozen books. I'm not a big reader so these are not books I would have otherwise read. This list is literally endless as to what you can listen to - history, Best Sellers, Ophra's Picks, Best Sellers (fiction, nonfiction, business, self development, history, religious, arts, entertainment). The list is literally endless. Go to the site and check Audible.com out. If you're interested in joining, let me know and I'll give you my username because I get a free book for every new subscriber I refer to Audible. It's a good deal too. You get two books each month along with a free MP3 player for $19.95 per month. The books retail for between $15 and $18 each so Audible members get a nice discount on the books.
I've known about the company for a long time, but didn't even give it a second thought as it related to the stock - until today when I was running a stock scan and noticed the stock is near its 52-week high. Technically speaking, Audible has just broken out of a "cup-with-handle" chart formation on its 5-year chart. The chart looks excellent and the stock is likely headed to the $5.00 level in the near-term. The company recently announced a deal with Apple's iTuner Music Store. All of Audible's audiobooks and other spoken word programs are now available for download exclusively from Apple's iTunesr Music Store. Through iTunes, Macr and Windows customers can preview and download audio editions of best- selling books, magazines, radio programs and original shows, manage audio content alongside their music collection, and take their entire audio library with them for listening anywhere with the market-leading iPod(TM) digital music player. "With the addition of Audible's exclusive content to iTunes, now Mac and Windows customers can download audiobooks and music from one integrated online music store," said Philip Schiller, Apple's senior vice president of Worldwide Product Marketing. "The unbeatable combination of the iTunes digital jukebox software, iTunes Music Store, and iPod digital music player allows users to seamlessly buy, manage and transfer their entire collection of audiobooks onto their iPod for listening anywhere."
"As our customers can attest, audiobooks -- and spoken word programming in general -- can change peoples' lives for the better," said Donald Katz, chairman and CEO, Audible, Inc. "Audible's award-winning information and entertainment audio deserves to be marketed in an integrated way alongside music. With this iTunes Music Store announcement today, we have reached an important strategic milestone for our company." Audible.com is the exclusive provider of spoken word audio to the iTunes Music Store and is the leading provider of digitally delivered spoken word audio. More than 5,000 spoken word audio titles from Audible can now be purchased from the iTunes Music Store, including content ranging from new audiobook bestsellers like "Bleachers" by John Grisham and "The Teeth of the Tiger" by Tom Clancy to classics like "The Adventures of Huckleberry Finn" by Mark Twain and the iTunes exclusive science fiction audiobook, "Whipping Mek," an original story by Brian Herbert and bestselling novelist Kevin J. Anderson that bridges the Legends of Dune trilogy novels "The Butlerian Jihad" and "The Machine Crusade." The Audible collection also includes speeches, lectures, language lessons, audio editions of periodicals such as Forbes and the Scientific American, as well as the best of public radio programs such as Fresh Air, Car Talk and This American Life. Newly released audiobooks and other new spoken audio content will be added to the iTunes Music Store every week. All Audible content available from the iTunes Music Store can be burned onto an unlimited number of CDs for personal use, listened to on an unlimited number of iPods, and played on up to three Macintoshr or Windows PC computers. Apple's new 40GB iPod can hold over 800 full-length audiobooks from Audible or up to 10,000 CD-quality songs in a stunning enclosure that is lighter and thinner than two CDs.
Audible (www.audible.com) is the Internet's largest, most diverse provider of premium spoken audio services for content download and playback on personal computers, CD or AudibleReady computer-based mobile devices. Audible has more than 34,000 hours of audio programs and 135 content partners that include leading audiobook publishers, broadcasters, entertainers, magazine and newspaper publishers and business information providers. Audible.com is Amazon.com's (www.amazon.com) exclusive provider of spoken word products for downloading or streaming via the Web. Additionally, the Company is strategically aligned with Random House, Inc., to pioneer the first-ever imprint to produce spoken word content specifically suited for digital distribution, Random House Audible. Among the Company's key business partners are Apple, Casio Inc., Handspring, Hewlett-Packard Company, Microsoft Corporation, Palm, Inc., Royal Philips Electronics, RealNetworks, Inc., Sony Electronics, Texas Instruments and VoiceAge Corp.
BOTTOM LINE: The chart looks excellent. Our near-term price objective is $5.00 per share.
10/30/2003 AUDIBLE.COM: (ADBL) $2.92 Up $.05 and traded on the OTC Bulletin Board... Slow and easy...we'll take every penny. First recommended on Wednesday at $2.87 per share, the company sells audio books at their web site - Audible.com. The books are downloaded to MP3 players or burned to CD's.
10/31/2003 AUDIBLE.COM: (ADBL) $3.10 Up $.18 and traded on the OTC Bulletin Board....
Our newest Whisper Stock recommendation is now up 22% since Wednesday. Volume is already running twice the norm. Our near-term price objective is $5.00 per share....
Our near-term price objective remains $5.00 per share. First recommended on Wednesday of this week at $2.87 per share, we're looking for at least a near-term double. Thursday's close was a new 52-week high on more than twice its average daily volume. Once again, here's our original recommendation from Wednesday.....
11/03/2003 AUDIBLE.COM: (ADBL) $3.65 Up $.55 and traded on the OTC Bulletin Board.... Our near-term price objective remains $5.00 per share. First recommended on Wednesday of last week at $2.87 per share, we're looking for at least a near-term double. Friday's close was a new 52-week high on 3.5 times its average daily volume. Once again, here's our original recommendation from Wednesday..... |
