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BTD 10
As Of 08/27/96

#1
International Paper
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:IP)") else Response.Write("(NYSE:IP)") end if %>

#2
General Motors
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:GM)") else Response.Write("(NYSE:GM)") end if %>

#3
AT&T
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:T)") else Response.Write("(NYSE:T)") end if %>

#4
Chevron Corp
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:CHV)") else Response.Write("(NYSE:CHV)") end if %>

#5
Minnesota Mining & Mfg
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MMM)") else Response.Write("(NYSE:MMM)") end if %>

#6
Exxon
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:XON)") else Response.Write("(NYSE:XON)") end if %>

#7
Du Pont de Nemours & Co.
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:DD)") else Response.Write("(NYSE:DD)") end if %>

#8
Texaco
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:TX)") else Response.Write("(NYSE:TX)") end if %>

#9
Philip Morris
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MO)") else Response.Write("(NYSE:MO)") end if %>

#10
J.P. Morgan
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:JPM)") else Response.Write("(NYSE:JPM)") end if %>

***NOTE: FOOLISH FOUR STOCKS ARE ITALICISED

The Daily Dow
Tuesday, August 27, 1996
by Robert Sheard (MF DowMan)

LEXINGTON, KY. (August 27): It was a good day as four of the five stocks in the Foolish Four model (don't forget 3M spin-off, Imation) saw gains today, with only Kodak keeping the action from being unanimous (and it managed to stay flat). But as for company news, the only story crossing the wires came late yesterday with DuPont's announcement that it will stop producing nylon at its Martinsville plant by mid-1998.

The Martinsville plant was the world's second such plant (built in 1941), and currently produces nylon for the apparel industry. But the plant's age and small capacity make it inefficient to operate compared to DuPont's other facilities in North America.

Eventually, some 600 full-time jobs will be phased out, starting some time in the middle of 1997 and extending through mid-1998.

In other news, the DPEG saga continues to cause more confusion than it's worth. From the beginning, we've maintained that this is simply an experimental theory and shouldn't be confused with the Dow Dividend Approach. The DPEG approach has no track record while the Dow Approach has decades of market-beating history. So to prevent any further confusion, I'm going to discontinue posting the DPEG rankings in my weekly Dow Statistics Center updates.

Please feel free to continue the DPEG discussion in the Beating the Dow folder on our AOL message boards, but to keep our principal goal of educating new investors in the forefront, I want to take the statistics out of such a place of prominence where new readers are confused about what they are supposed to mean.

Our official (and my personal) position continues to be that one should stick with the straight Dow Dividend approaches (high yield and low price) rather than rely on the untested and theoretical DPEG price targets. Keep it simple and Fool on!

High Yield 10


Today's Dow Numbers 


      THE FOOLISH FOUR MODEL (8/27/96)  



          Day    Week   Quarter  Year  History

Fool-4   0.73%   0.29%   1.36%  14.59%  14.59%

DJIA     0.31%  -0.20%   1.00%  11.61%  11.61%

S&P 500  0.38%  -0.09%  -0.63%   8.19%   8.19%

NASDAQ   0.86%   0.52%  -3.04%   9.21%   9.21%





Bought  #    Stock     In At   Now    Change



1/2/96  142  DuPont    69.88  82.88   18.60%

1/2/96  380  Chevron   52.38  59.75   14.08%

1/2/96  148  E. Kodak  67.00  74.25   10.82%

1/2/96  149  3M        63.76  67.38    5.67%

7/16/96  14  Imation   26.16  23.38  -10.64%



Bought  #    Stock         Cost        Value      Change



1/2/96  142  DuPont      $9,922.25  $11,768.25  $1,846.00    

1/2/96  380  Chevron    $19,902.50  $22,705.00  $2,802.50    

1/2/96  148  E. Kodak    $9,916.00  $10,989.00  $1,073.00    

1/2/96  149  3M          $9,500.09  $10,038.88    $538.78   

7/16/96  14  Imation       $366.21     $327.25    $(38.96)  



      CASH      $1,465.30      

      TOTAL    $57,293.68      





      
      

      
      

       

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