The Daily Workshop Report
by Robert Sheard (TMF Sheard)

LEXINGTON, KY. (June 09, 1997)

As you know, each day we list the year-to-date returns for the Value Screens and the Monthly version of the Growth Screens at the bottom of this report. Occasionally, though, it's good to compile the longer-term Growth Screens here, too, so that you can see how the different strategies have performed over other holding periods.

Here then are the year-to-date returns for the Value Screens, and the Growth Screens over three separate holding periods -- monthly, quarterly, and since the beginning of the year (which for now is both our semi-annual and annual model). Next month's update, which occurs the weekend of July 4, will also be the update for the quarterly and semi-annual models. From that point forward until the end of the year, the Growth Screens will have four separate tracking periods, each with different results: monthly, quarterly, semi-annual, and annual.

For those of you on the web site, I apologize that my updates aren't posted there until Mondays. I post them directly to the AOL site, but our web staff isn't necessarily hanging around the office all weekend waiting for my e-mail, so they typically can't post the update until Monday. I should have made this clear in Friday's report. Mea culpa.

Annual Value Screens
(Jan. 1 to present)
16.01%  Dogs of the Dow  
15.98%  Dow Jones Ind Avg  
10.28%  Beating the S&P  
 7.62%  Dow Combo  
 7.36%  Unemotional Value  
 7.36%  Beating the Dow  
 0.44%  Foolish Four

Monthly Growth Screens
(Jan. 3 to present)
 33.00%  Relative Strength  
 15.35%  S&P 500 Index  
 14.03%  Low Price/Sales  
 -2.01%  Investing for Growth  
 -2.47%  YPEG Potential  
 -4.88%  Unemotional Growth  
-10.94%  EPS Plus RS  
-19.56%  Formula 90  

Quarterly Growth Screens
(Jan. 3 to present)
 22.32%  Low Price/Sales  
 20.01%  Relative Strength  
 15.36%  S&P 500 Index  
  0.26%  Unemotional Growth  
 -5.37%  Investing for Growth  
 -8.84%  Formula 90  
-13.21%  EPS Plus RS  
-18.26%  YPEG Potential  

Semi-Annual / Annual Growth Screens
(Jan. 3 to present)
20.11%  Relative Strength  
17.46%  Low Price/Sales  
15.36%  S&P 500 Index  
 7.14%  Investing for Growth  
 6.56%  YPEG Potential  
 1.79%  Unemotional Growth  
-2.94%  EPS Plus RS  
-5.11%  Formula 90