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BTD 10
As Of 11/06/96

1. ATT
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:T)") else Response.Write("(NYSE:T)") end if %>

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

 3. General Motors
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:GM)") else Response.Write("(NYSE:GM)") 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. J.P. Morgan
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:JPM)") else Response.Write("(NYSE:JPM)") end if %>

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

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

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

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

 ***NOTE: FOOLISH FOUR
STOCKS ARE ITALICISED

Last Update: 11/06/96

The Daily Dow
Wednesday, November 6, 1996
by Robert Sheard (MF DowMan)

LEXINGTON, KY. (November 6): When Wall Street decides to party, it does it in a big way. And today's post-election blowout was no exception. Blue Chips soared nearly 100 points today after the presidential and congressional elections maintained the balance of power between the White House and the Congress. As far as I can remember, this is the biggest such point gain in the two years I've been tracking the Dow stocks for The Motley Fool. The close not only topped the 6,100 mark for the Dow Industrial Average, a new record high, but the market is now within a third of a percentage point of 6,200.

Our 1996 Foolish Four model fared well today, too. Except for the tiny position in Imation (the 3M spin-off), our Dow stocks all rallied. Chevron got back on the positive side of $65 a share, DuPont got a point and half closer to $100, Eastman Kodak broke into the $80s and 3M continued its recent run, coming within a fraction of the $80 level. All in all, a day to write home about, indeed.

The top performer for us this year so far (DuPont) is getting some press because of its oil division, Conoco. Conoco just posted its best quarter in five years and there are hints floating around Wall Street that DuPont may sell or spin Conoco off in an attempt to unlock hidden shareholder value.

"I think there's more than a 50-50 chance that something material is going to happen with Conoco under this new management team," said William Young, an analyst with Donaldson Lufkin & Jenrette. But CEO Krol dismisses speculation about DuPont's oil unit. "There is nothing on the plate for Conoco right now," Krol told Dow Jones. Maybe, but the waiter can come by at any moment with another plate!

In other Foolish Four oil news today, Chevron announced that its subsidiary, Gulf Oil (Great Britain), has entered into a "memorandum of understanding" with Elf Oil UK and Murco Petroleum to merge their refining and marketing operations in the United Kingdom. The new company formed by the union will be split with Gulf and Elf each holding 41.25% and Murco holding the remaining 17.5%.

Elsewhere, Caltex Philippines, the joint venture between Chevron and Texaco, is about to ink a deal with The National Power Corp (Napocor), a 6.4 billion peso fuel supply contract. Napocor president Guido Delgado told reporters that Caltex will supply the power firm with 1.85 billion liters over a two year period, or roughly 23% of Napocor's fuel requirements.


Today's Dow Numbers 
      THE FOOLISH FOUR MODEL (11/6/96)  

          Day   Week  Quarter  Year  History
Fool-4   2.14%  1.98%  6.82%  28.59%  28.59%
DJIA     1.58%  2.58%  5.02%  20.72%  20.72%
S&P 500  1.46%  2.96%  5.42%  17.64%  17.64%
NASDAQ   1.34%  1.94%  1.51%  18.38%  18.38%


Bought  #    Stock     In At   Now   Change

1/2/96  142  DuPont    69.88  96.00  37.39%
1/2/96  149  3M        63.76  79.75  25.08%
1/2/96  380  Chevron   52.38  65.38  24.82%
1/2/96  148  E. Kodak  67.00  81.38  21.46%
7/16/96  14  Imation   26.16  26.50   1.31%

Bought  #    Stock  Cost  Value  Change

1/2/96  142  DuPont      $9,922.25  $13,632.00  $3,709.75    
1/2/96  149  3M          $9,500.09  $11,882.75  $2,382.66    
1/2/96  380  Chevron    $19,902.50  $24,842.50  $4,940.00    
1/2/96  148  E. Kodak    $9,916.00  $12,043.50  $2,127.50    
7/16/96  14  Imation       $366.21     $371.00      $4.79   

      CASH      $1,524.50      
      TOTAL    $64,296.25      




Transmitted: 11/6/96

      
      

      
      

       

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