DailyDowBanner JavaFiller

Motley Archives

Daily Dow Archives

Dow Approach
Daily Dow
Spin-Off Help
What's Here?
'96 Dow Spin-Offs
'96 Dow Returns
'97 Dow Returns
Current Dow Order
Total Return ('71-'96)
Each Year ('71-'96)
Foolish Four v. Dow
Unemotional Growth

The Daily Dow
FOOL GLOBAL WIRE
by Robert Sheard (TMF Sheard)

LEXINGTON, KY. (Apr. 16, 1997) -- The big news for the current Foolish Four stocks is the story broken by the Wall Street Journal that the big tobacco companies are apparently in talks to settle once and for all the stream of litigation facing them.

Some of the rumored provisions of the settlement (and keep in mind what rumors may be worth) are that the tobacco companies will agree to be regulated by the Food and Drug Administration regarding stringent restrictions on advertising and vending machine placement. In addition, the companies will establish a reported $300 billion fund over the next 25 years to cover health costs of patients made sick by smoking.

In return, the tobacco companies would be given immunity from further prosecution by smokers individually, or the states which are looking to recapture insurance costs spent on caring for smokers.

Such an agreement would still have to jump through a variety of hoops before it would come into effect, but the fact that supposedly "secret" negotiations are taking place has cheered Wall Street. Investors in these perennially strong stocks would love to see an end to the litigation nightmare that's been facing the industry for years.

On the day, PHILIP MORRIS <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: MO)") else Response.Write("(NYSE: MO)") end if %> climbed 10.5%, gaining back much of the recent losses when the latest lawsuit scare knee-capped the stock.

(c) Copyright 1997, 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 Current
BTD 10

  1. AT&T
    <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:T)") else Response.Write("(NYSE:T)") end if %>
  2. *Intl. Paper
    <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:IP)") else Response.Write("(NYSE:IP)") end if %>
  3. *Philip Morris
    <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MO)") else Response.Write("(NYSE:MO)") end if %>
  4. * Exxon
    <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:XON)") else Response.Write("(NYSE:XON)") end if %>
  5. *General Motors
    <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:GM)") else Response.Write("(NYSE:GM)") end if %>
  6. Chevron
    <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:CHV)") else Response.Write("(NYSE:CHV)") end if %>
  7. Eastman Kodak
    <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:EK)") else Response.Write("(NYSE:EK)") end if %>
  8. Minnesota Mining
    <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MMM)") else Response.Write("(NYSE:MMM)") end if %>
  9. J.P. Morgan
    <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:JPM)") else Response.Write("(NYSE:JPM)") end if %>
  10. DuPont
    <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:DD)") else Response.Write("(NYSE:DD)") end if %>

NOTE: Foolish four stocks are preceded by an asterisk.
Updated Daily

1997 Foolish Four Model

Stock  Change   Last
--------------------
T    +   1/4   33.63
GM   +2  1/4   56.50
CHV  +   7/8   65.00
MMM  +   3/4   83.88
               Day   Month    Year
        FOOL-4   +1.63%  -2.49%  -6.68%
        DJIA     +1.41%   1.46%   3.59%
        S&P 500  +1.17%   0.85%   3.08%
        NASDAQ   -0.22%  -0.94%  -6.26%

    Rec'd   #  Security     In At       Now    Change
   1/2/97  179 Gen. Motor    55.75     56.50     1.35%
   1/2/97  120 3M            83.00     83.88     1.05%
   1/2/97  153 Chevron       65.00     65.00     0.00%
   1/2/97  479 AT&T          41.75     33.63   -19.46%


    Rec'd   #  Security     In At     Value    Change
   1/2/97  179 Gen. Motor  9979.25  10113.50   $134.25
   1/2/97  120 3M          9960.00  10065.00   $105.00
   1/2/97  153 Chevron     9945.00   9945.00     $0.00
   1/2/97  479 AT&T       19998.25  16106.38 -$3891.88


                             CASH    $431.29
                            TOTAL  $46661.17

  

© 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