The Dow Approach - Thursday, October 03, 1996

This Feature

Related Items

BTD 10
As Of 10/03/96

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

#8
Du Pont de Nemours & Co.
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:DD)") else Response.Write("(NYSE:DD)") end if %>

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

#10
Texaco
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:TX)") else Response.Write("(NYSE:TX)") end if %>

***NOTE: FOOLISH FOUR STOCKS ARE ITALICISED

The Daily Dow
Thursday, October 3, 1996
By Barbara Eisner Bayer (MF Venus)

WOODSTOCK, N.Y. (October 3): Greetings, Fools! Planet Dow has called upon me for assistance today and tomorrow, so after my orb shines brightly in dawn's Eastern sky, I will spend the day studying the Foolish 4 on Earth. Hey, even a goddess can only live so long on Venus without air and water.

What's refreshing about the Dow Dividend approach is that I only need to check my stocks once a year, do 15 minutes of research, and return worry-free to my moonless world for 365 days of fun, prosperity, abundance and, of course, love. I can do because history has shown that my Dow investments will treat me to market-beating returns. (As you may know, up on Venus it's a short year -- 225 days -- but shortsellers shouldn't get any ideas. Throughout the solar system, Venutians are known for their buy and hold philosophy.)

The Eastman Kodak press department was in overdrive today, beginning with reports of the possible acquisition of Wang Laboratories's imaging-software business. CNBC reported that our company wants to spend $300 million to further its diversification. In related news, EK's Business Imaging Systems division unveiled a $30,000 product which will enable service bureaus to process and manage large volumes of documents. EK closed up $3/8, on lower than average volume.

Good news for owners of small lots of Imation (that be us!). IMN has retained Shareholder Communications Corporation to manage an odd-lot selling/purchasing program. Those of us with fewer than 100 shares can now purchase additional stock to reach 100, or sell our shares, for the whopping sum of $0.90 per share. Beats brokerage commissions, eh? The program will expire November 4, 1996. For more information, call Michael Macleod of Shareholder Communications, at (800) 733-1665. IMN was up $1/8 on very low volume.

No news on CHV (-$1/4) and MMM (flat). Finally, DuPont (DD) dropped $1/8 on the news that they will provide 250,000 tonnes of hexamethylenediamine to Asahi Chemical over the next 16 years. Ooh, let's party after the spelling bee! (After the spelling bee, let's have a math contest -- how many of you figured that a tonne is actually Brit-speak for a metric ton, or 2240 pounds?)

And to MF Elwood, who completed yesterday's report with a quote by the humorist Sam Levenson, all I can say is "Ouch."

Transmitted: 10/3/96

Today's Dow Numbers

THE FOOLISH FOUR MODEL (10/03/96) Day Week Quarter Year History Fool-4 -0.09% 2.95% 8.13% 22.24% 22.24% DJIA -0.02% 0.75% 4.92% 15.94% 15.94% S&P 500 -0.18% 0.84% 3.30% 12.48% 12.48% NASDAQ -0.24% 1.10% 4.06% 17.20% 17.20% Bought # Stock In At Now Change 1/2/96 142 DuPont 69.88 90.38 29.34% 1/2/96 380 Chevron 52.38 64.13 22.43% 1/2/96 148 E. Kodak 67.00 78.38 16.98% 1/2/96 149 3M 63.76 70.13 9.98% 7/16/96 14 Imation 26.16 24.75 -5.38% Bought # Stock Cost Value Change 1/2/96 142 DuPont $9,922.25 $12,833.25 $2,911.00 1/2/96 380 Chevron $19,902.50 $24,367.50 $4,465.00 1/2/96 148 E. Kodak $9,916.00 $11,599.50 $1,683.50 1/2/96 149 3M $9,500.09 $10,448.63 $948.53 7/16/96 14 Imation $366.21 $346.50 $(19.71) CASH $1,524.50 TOTAL $61,119.88 Transmitted: 10/3/96

<% end if end function %> home | news | specials | strategies | personal finance | school | help

<% if request.querystring("source") = "yhoolnk" then referer = Request.ServerVariables("HTTP_REFERER") if referer = "" then referer = "http://finance.yahoo.com/" response.write "
<< Back to Yahoo!
" end if %> <% function YahooWelcome if gsCookieUsername = "" and request.querystring("source") = "yhoolnk" then %>

Welcome, Fool!

Be a Fool and get free, unlimited access to our site.
What we offer:
• Take a tour
• Daily News
• Talk Stocks

© Copyright 1995-2000, The Motley Fool. All rights reserved. This material is for personal use only. Republication and redissemination, including posting to news groups, is expressly prohibited without the prior written consent of The Motley Fool. The Motley Fool is a registered trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us