The Daily Workshop Report
by Robert Sheard (TMF Sheard)

LEXINGTON, KY. (Aug. 14, 1997) -- Over the last week, the major indices have given back roughly 4% -- not a major correction. But what kind of effect has it had on this year's mythical Technology Fund? None that you'd notice. The Technology Fund is my theoretical portfolio that has held the fifteen largest high-tech stocks from the beginning of 1997. Of the fifteen, only two are lagging the market -- SEGATE TECHNOLOGY <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: SEG)") else Response.Write("(NYSE: SEG)") end if %> and CISCO SYSTEMS <% if gsSubBrand = "aolsnapshot" then Response.Write("(Nasdaq: CSCO)") else Response.Write("(Nasdaq: CSCO)") end if %>. The rest are combining for a phenomenal performance over the past seven and a half months.
Here, then, are the results, ranked in order of return. Results include neither trading costs nor dividends.

 205%  Dell Computer (DELL)
 181%  Applied Materials (AMAT)
  94%  Compaq Computer (CPQ)
  89%  Texas Instruments (TXN)
  85%  Sun Microsystems (SUNW)
  83%  Lucent Technologies (LU)
  65%  Microsoft (MSFT)
  46%  Intel (INTC)
  38%  Oracle (ORCL)
  38%  Hewlett-Packard (HWP)
  37%  Int'l Business Machines (IBM)
  33%  Motorola (MOT)
  30%  Computer Associates (CA)
  21%  Cisco Systems (CSCO)
  11%  Seagate Technology (SEG)

The overall portfolio gain is a stunning 70% versus a 25% gain for the S&P 500. And of the fifteen, the five that sported the highest Relative Strength rankings in January are doing even better, up a mammoth 84%.

Fool on!

Monthly Growth Screens
(Jan. 3 to present)
62.95%  Relative Strength  
28.84%  Investing for Growth  
23.63%  S&P 500 Index  
22.52%  YPEG Potential  
15.82%  Low Price/Sales  
15.72%  EPS Plus RS  
11.27%  Unemotional Growth  
 3.26%  Formula 90  

Annual Value Screens
(Jan. 1 to present)
23.17%  Dow Jones Ind Avg  
20.77%  Dogs of the Dow  
19.18%  Beating the S&P  
17.85%  Unemotional Value  
17.85%  Beating the Dow  
17.81%  Dow Combo  
 8.56%  Foolish Four