The Daily Dow
Monday, August 12, 1996
by Robert Sheard

NEW YORK, NY. (August 12): Late Friday, as Philip Morris <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MO)") else Response.Write("(NYSE:MO)") end if %> got whacked after a Florida smoking trial went against a competitor, the Dow plunged quickly and powerfully. Today, though, despite some continued weakness in the tobacco stocks (although MO rebounded), the blue chips tacked on twenty-some points today.

Other than that, though, there's little to report. So, that leaves me room for a brief announcement. As you can tell from today's dateline, I'm on the road for a research trip. As a result, many of these nightly Dow reports over the next two weeks will be much later than is the norm. I won't promise a set time each night because it will vary with the research center's schedule (which for some reason is different nearly every day), but I will get it posted each night.

I've also got my spreadsheet software dilemma straightened out, so look for the Dow and IFG Statistics Center files (which are normally posted Saturday or Sunday) to show up late this evening. Again, my apologies for the delays. Makes one almost want to stay at home always.

Transmitted: 8/12/96

      THE FOOLISH FOUR MODEL (8/12/96)  

          Day   Week   Quarter  Year  History
Fool-4   0.54%  0.54%  -0.10%  12.95%  12.95%
DJIA     0.42%  0.42%   0.89%  11.49%  11.49%
S&P 500  0.55%  0.55%  -0.72%   8.09%   8.09%
NASDAQ   0.09%  0.09%  -3.95%   8.19%   8.19%


Bought  #    Stock     In At   Now    Change

1/2/96  142  DuPont    69.88  83.13   18.96%
1/2/96  148  E. Kodak  67.00  75.88   13.25%
1/2/96  380  Chevron   52.38  58.38   11.46%
1/2/96  149  3M        63.76  66.00    3.51%
7/16/96  14  Imation   26.16  22.63  -13.51%

Bought  #    Stock         Cost        Value      Change

1/2/96  142  DuPont      $9,922.25  $11,803.75  $1,881.50    
1/2/96  148  E. Kodak    $9,916.00  $11,229.50  $1,313.50    
1/2/96  380  Chevron    $19,902.50  $22,182.50  $2,280.00    
1/2/96  149  3M          $9,500.09   $9,834.00    $333.91   
7/16/96  14  Imation       $366.21     $316.75    $(49.46)  

      CASH      $1,106.15      
      TOTAL    $56,472.65      



Transmitted: 8/12/96 

      
      

      
      

        

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