Maine Stock Report By Peter Shaw.

MAINE STOCK REPORT MAINE STOCK REPORT MAINE STOCK REPORT MAINE STOCK REPORT

By Peter Shaw -

As with the previous articles I've written on the Stock Market, I would like to continue to emphasize that investors should focus on long-term trends. The market has become very volatile, but the overall trend continues to be up. Noone can predict the top. Keep in mind, however, that the fundamentals that started this bull market are still in place. Until they begin to change, the bull markef will likely continue.

When investing, .be selective! It is important to understand that while the market continues to charge ahead, not all stocks are going up. When the market reverses and corrects itself, not all stocks will go down. Some stocks may even move in opposite directions to the market.

Thus, it follows th~t some areas of investing are more attractive than others at anyone given point in time. To be succe:isful, then, it is obviously helpful to know what areas are attractive now. Total return stocks are still attractive. A total return investment is one which combines a good dividend income with dividend growth potential and price appreciation potential.

The kinds of stocks that fit this category are many utilities, equity-oriented real estate investment trusts, and blue chip stocks, to name a few. Maine Stocks

The following is a list of Maine stocks or stocks of local interest and their 12month trading ranges as of the date this publication went to press.

Low High Bangor Hydro Electric Co. 10 153/4 -I'Bank of Boston (Casco Northern) 191f4 331/4 Bank of N.E. (Maine National) 261f8 39112 -I'Central Maine Power 13% 203til -I'Coastai Bancorp 253/4 38 Consumers Water Co. 157/8 221/2 Data General 25 481/2 Fleet Financial (Merrill Bank) 373/4 561/8 Hannaford Brothers 241/2 401/2 Key Corp. 21 305/8 Maine Public Service Co. 191/2 32 -I'Maxaxam 11/4 117/8 Norstar Bancorp 25 33 One Bancorp 14% 24 Patten 143/8 205/8 -I'People's Heritage Bank 16314 211/2 -I'Shaws Supennarkets 19 253/4 Sugarloaf Mountain Corp. 3 10 Unum Corp. 25314 311/8 Ventrex Labs Inc. 21/2 71/2

Bank of Boston completed its 3-for-2 stock split and continues its strong performance. Central Maine Power, Coastal Bancorp, People's Heritage, and Shaw's Supermarkets have established new highs. While receiving lots of "press," Maxaxam Corp. established another low.

Peter Shaw is an invesbnent broker for A.G. Edwards and Sons Inc. in Portland, Maine.

IElllElllllllEIT III HIISE TilT IIESI'T IIIE IIIEIT KITeIEI?

We can help.

We can show you how a new floor plan, and beautiful new SCheirich cabinets can make yoLirkitchen more efficient than you ever thought possible

You can choose from the finest hand-finished oak. Or incredibly durable, moistureresistant vinyl. All backed by Scheirich's reputation for superior quality.

Call us today and see how great your kitchen really can be.

SCHEIRIEH

FINE FlAlt>ITlJRE FOIl THE KITCHEN ANO IlI\TH

197 U.S. Route 1 P.O. Box 386 Scarboro, ME 04074 (207) 883·5562

,. ...... ~~ J j.. ,j~

c ;.:~J,~:,;~1;'""~i~t;;:.··:.-·\.,.