Investing For Growth

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Thursday, April 11, 1996
The Daily IFG Report (FOOL GLOBAL WIRE) by Robert Sheard (MF DowMan) LEXINGTON, Ky. (Apr. 11): It was an unusual day for the IFG portfolio in that none of the ten stocks had any news cross the wires. But a couple of stocks currently held in the Relative Strength model showed up today. So this report will be a Relative Strength day. The big swoosh continues to race ahead, today wind-aided by positive comments from Merrill Lynch. Merrill claimed the Nike <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:NKE)") else Response.Write("(NYSE:NKE)") end if %> brand to be "as hot as ever" and sees the company's domestic market share climbing from its 1995 level of 37% into the low 40s in the next three to five years. Merrill expects both top- and bottom-line growth to average 15%-18%, boosted especially by Nike's impressive growth internationally. Merrill Lynch maintained an intermediate-term Accumulate rating and a long-term Buy rating on Nike. Former Fool Portfolio shorting debacle, Paychex <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:PAYX)") else Response.Write("(NASDAQ:PAYX)") end if %>, continues to perform well for the Relative Strength model. Today Paychex's board declared a 3-for-2 stock split and a regular quarterly dividend of $0.09 per share (payable pre-split). Tom Golisano, Chairman and CEO, explained the move: "We are very pleased with the financial results this current fiscal year and look forward to further opportunities to improve shareholders' value." And finally, Thermo Electron <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:TMO)") else Response.Write("(NYSE:TMO)") end if %> announced a share buyback program today. Its board authorized the repurchase of up to $50 million of its own stock and those of its publicly held subsidiaries through March of next year. Through the first quarter of 1996, the company has reportedly repurchased roughly $13 million worth of securities under previous authorizations. For the year to date (beginning January 5), the Quarterly RS model is up 9.15% versus the S&P 500's gain of 2.34%. The Monthly RS model is up 11.58%. Transmitted: 4/11/96	The Current IFG Stocks Tellabs <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:TLAB)") else Response.Write("(NASDAQ:TLAB)") end if %> Green Tree Financial <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:GNT)") else Response.Write("(NYSE:GNT)") end if %> United Healthcare <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:UNH)") else Response.Write("(NYSE:UNH)") end if %> Oracle <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:ORCL)") else Response.Write("(NASDAQ:ORCL)") end if %> Checkpoint Systems <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:CKP)") else Response.Write("(NYSE:CKP)") end if %> Dionex <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:DNEX)") else Response.Write("(NASDAQ:DNEX)") end if %> Medtronic <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MDT)") else Response.Write("(NYSE:MDT)") end if %> RoTech Medical <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:ROTC)") else Response.Write("(NASDAQ:ROTC)") end if %> Bio-Rad Labs (ASE:BIO/A) Computer Associates <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:CA)") else Response.Write("(NYSE:CA)") end if %>
Today's IFG Numbers INVESTING FOR GROWTH (4/11/96) Day Week Quarter Year History IFG -0.93% -3.65% -2.41% -2.92% 3849.73% DJIA 0.02% -3.45% -1.79% 7.23% 562.02% S&P 500 -0.36% -3.76% -2.22% 2.48% 492.56% NASDAQ -0.74% -1.88% -0.38% 4.28% 641.21% Rec'd # Security In At Now Change 1/5/96 3183 CA 56.13 68.00 21.16% 7/8/95 3866 TLAB 48.00 52.50 9.38% 1/5/96 4168 ORCL 42.88 43.88 2.33% 4/5/96 5312 ROTC 38.75 39.00 0.65% 4/5/96 4536 BIO/A 45.38 44.75 -1.38% 4/5/96 5758 DNEX 35.75 34.88 -2.45% 4/5/96 3293 UNH 62.50 60.13 -3.80% 4/5/96 7695 CKP 26.75 25.00 -6.54% 4/5/96 3525 MDT 58.38 52.75 -9.64% 4/5/96 5945 GNT 34.63 31.13 -10.11% Rec'd # Security Cost Value Change 1/5/96 3183 CA $178,645.88 $216,444.00 $37,798.13 7/8/95 3866 TLAB $185,568.00 $202,965.00 $17,397.00 1/5/96 4168 ORCL $178,703.00 $182,871.00 $4,168.00 4/5/96 5312 ROTC $205,840.00 $207,168.00 $1,328.00 4/5/96 4536 BIO/A $205,821.00 $202,986.00 $(2,835.00) 4/5/96 5758 DNEX $205,848.50 $200,810.25 $(5,038.25) 4/5/96 3293 UNH $205,812.50 $197,991.63 $(7,820.88) 4/5/96 7695 CKP $205,841.25 $192,375.00 $(13,466.25) 4/5/96 3525 MDT $205,771.88 $185,943.75 $(19,828.13) 4/5/96 5945 GNT $205,845.63 $185,038.13 $(20,807.50) CASH $274.44 TOTAL $1,974,867.19 Transmitted: 4/11/96
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