<FOOLISH WORKSHOP>

Keystone Update

by Jim Stevens ([email protected])

Burlington, VT (November 23, 1998) -- Standing the test of better than a year's worth of prodding and torture from Workshop readers, the Keystone model remains one of the favorite screens we follow. The Workshop Screen Explanations page will show you the nuts and bolts of running the screen, and under Workshop Returns you can check in on how the top ten 1998 Keystone picks are performing this year.

Today we'll take a wider look at the Keystone stocks, checking in on the 1998 returns of the Keystone 30. The performances are calculated using the 12/31/97 closing prices as the starting point and last Wednesday (Value Line's latest data release, 11/18/98) as the ending point. Returns include dividends except for the two merged companies.

Top 5      27%
Top 10     47%
Top 15     34%
Top 20     34%
Top 25     35%
All 30     36%
S&P 500    18%

1998 Keystone Stocks:

 27%  Fifth Third Bancorp  <% if gsSubBrand = "aolsnapshot" then Response.Write("(Nasdaq: FITB)") else Response.Write("(Nasdaq: FITB)") end if %>
  7%  Coca-Cola Enterprises  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: CCE)") else Response.Write("(NYSE: CCE)") end if %>
 92%  Gap (The)  Inc.  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: GPS)") else Response.Write("(NYSE: GPS)") end if %>
 28%  AirTouch Communic.  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: ATI)") else Response.Write("(NYSE: ATI)") end if %>
-19%  Computer Associates  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: CA)") else Response.Write("(NYSE: CA)") end if %>
 22%  Compaq Computer  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: CPQ)") else Response.Write("(NYSE: CPQ)") end if %>
204%  Dell Computer  <% if gsSubBrand = "aolsnapshot" then Response.Write("(Nasdaq: DELL)") else Response.Write("(Nasdaq: DELL)") end if %>
 50%  Pfizer  Inc.  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: PFE)") else Response.Write("(NYSE: PFE)") end if %>
  4%   Wells Fargo  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:WFC)") else Response.Write("(NYSE:WFC)") end if %>
   [change from Norwest Corp.  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: NOB)") else Response.Write("(NYSE: NOB)") end if %>]
 65%  Safeway Inc.  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: SWY)") else Response.Write("(NYSE: SWY)") end if %>
-61%  Cendant Corp.  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: CD)") else Response.Write("(NYSE: CD)") end if %>
-18%  CitiGroup  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: CCI)") else Response.Write("(NYSE: CCI)") end if %>
   [change from Travelers  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: TRV)") else Response.Write("(NYSE: TRV)") end if %>]
-38%  Schlumberger Ltd.  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: SLB)") else Response.Write("(NYSE: SLB)") end if %>
 66%  Home Depot  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: HD)") else Response.Write("(NYSE: HD)") end if %>
 69%  Schering-Plough  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: SGP)") else Response.Write("(NYSE: SGP)") end if %>
 30%  Medtronic  Inc.  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: MDT)") else Response.Write("(NYSE: MDT)") end if %>
 33%  Dayton Hudson  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: DH)") else Response.Write("(NYSE: DH)") end if %>
 45%  Tyco Int'l Ltd.  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: TYC)") else Response.Write("(NYSE: TYC)") end if %>
  7%  Allstate Corp.  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: ALL)") else Response.Write("(NYSE: ALL)") end if %>
 71%  Walgreen Co.  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: WAG)") else Response.Write("(NYSE: WAG)") end if %>
 40%  Freddie Mac  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: FRE)") else Response.Write("(NYSE: FRE)") end if %>
 87%  Wal-Mart Stores  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: WMT)") else Response.Write("(NYSE: WMT)") end if %>
 -3%  Hewlett-Packard  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: HWP)") else Response.Write("(NYSE: HWP)") end if %>
 -9%  Merrill Lynch & Co.  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: MER)") else Response.Write("(NYSE: MER)") end if %>
 96%  Cisco Systems  <% if gsSubBrand = "aolsnapshot" then Response.Write("(Nasdaq: CSCO)") else Response.Write("(Nasdaq: CSCO)") end if %>
 14%  MBNA Corp.  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: KRB)") else Response.Write("(NYSE: KRB)") end if %>
  2%  BankAmerica Corp.  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: BAC)") else Response.Write("(NYSE: BAC)") end if %>
 67%  Sun Microsystems  <% if gsSubBrand = "aolsnapshot" then Response.Write("(Nasdaq: SUNW)") else Response.Write("(Nasdaq: SUNW)") end if %>
 70%  Microsoft Corp.  <% if gsSubBrand = "aolsnapshot" then Response.Write("(Nasdaq: MSFT)") else Response.Write("(Nasdaq: MSFT)") end if %>
 40%  Xerox Corp.  <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: XRX)") else Response.Write("(NYSE: XRX)") end if %>

Keystone continues to kick the proverbial donkey. I'm happy to report a writer's disclosure: I use this screen in my personal account. Keystone packs the tax advantages of one year holding periods and a somewhat conservative bias toward large companies into a one-two punch that has crushed the Standard & Poor's 500 Index over the last 12 years!

Have a happy Turkey Day.

Check out the latest file updates for the Workshop:
New Rankings | 1998 Returns | New Database