Monday, September 19, 2005

Welcome to Trading Decimal Places

Almost exactly a year ago (September 17, 2004) I compiled a list of 16 companies I wanted to watch on the stock market.

For this list I chose competitors of Intuit. I have no affiliation with Intuit except that they make Quicken, a product that I use and like. My search for their competitors gave me a list of over 200 companies, which was a far bigger list than I wanted to deal with. Using two criteria, I whittled the list down to 16.

My first criterion was totally subjective - I selected only those companies that I had heard of or thought that I had heard of. The second criteria was more objective - the company had to have a positive P/E ratio.

Symbol Company P/E Ratio
ADBE Adobe 27.76
BEAS Bea Systems 26.38
CHKP Checkpoint 22.04
COGN Cognos 21.04
CTXS Citrix Systems 27.29
ERTS Electronic Arts 45.78
HUMC Hummingbird N/A
INTU Intuit 22.51
MACR Macromedia 68.47
MERQE Mercury Interactive 33.47
ORCL Oracle 19.46
PRGS Progress Software 31.38
PSFT PeopleSoft N/A PeopleSoft has been merged with Oracle
SY Sybase 31.61
SYMC Symantec 25.55
TTWO Take Two Interactive 16.65

I will be monitoring these companies and will be using this blog to test and evolve an options trading system. I will also use this blog to track my "paper trading" results.

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