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What You'll Find Here | The IFG Approach Explained | The Historic IFG
Tuesday, April 16, 1996
The Daily IFG Report

(FOOL GLOBAL WIRE)
by Robert Sheard (MF DowMan)

LEXINGTON, Ky. (Apr. 16): Earnings season is driving the market this week and for the most part, the surprises have been positive ones, especially in technology stocks which have disappointed over the last several quarters. Today, IFG's two software stocks rode the backs of the strong technology sector, with Oracle and Computer Associates tacking on sizable gains. But the big winner for the day was Checkpoint Systems, up nearly 7% on the day.

Unfortunately, Green Tree didn't join the party, even though it posted earnings today a penny ahead of First Call consensus estimates. Green Tree's earnings were up 33% over last year, at $0.48 per share versus $0.36. Wall Street was expecting $0.47. It's hard to say exactly why Green tree slumped on the released earnings; perhaps beating estimated by a penny still didn't match up to some investors' expectations.

CEO Lawrence Coss was upbeat about the quarter's results. "The first quarter was particularly gratifying," said Coss, "in that each of our diverse lending operations recorded substantial volume increases."

Yesterday I mentioned that Computer Associates and Spyglass <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:SPYG)") else Response.Write("(NASDAQ:SPYG)") end if %> were announcing a partnership today. The deal was announced this afternoon in a conference call that they have reached a licensing agreement whereby Spyglass' Web technology will be built directly into Computer Associates' OpenIngres database software. The system combines CA's OpenIngres/ICE database and Spyglass' Web server technology so that the Internet can be used for real-time, enterprise-wide information access.

Regarding the IFG Relative Strength approach, I have some more data for the quarterly variation which extends the model test back another three quarters. I'll be compiling the numbers and then posting them in the IFG folder for everyone to pore over. Be on the lookout for the details in the next few days. Today both of the Relative Strength variations had fine days, tacking on nearly 1.5% gains. Fool on!

Transmitted: 4/16/96 6:04

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 (4/16/96)  



          Day   Week   Quarter  Year   History

IFG      1.14%  1.70%  -0.98%  -1.50%  3907.39%

DJIA     0.48%  1.58%   0.59%   9.83%   578.06%

S&P 500  0.39%  1.30%  -0.08%   4.72%   505.52%

NASDAQ   1.30%  2.18%   2.14%   6.92%   659.97%





Rec'd    #  Security In At   Now    Change



1/5/96  3183  CA     56.13  71.50   27.39%

1/5/96  4168  ORCL   42.88  45.81    6.85%

4/5/96  5312  ROTC   38.75  40.25    3.87%

7/8/95  3866  TLAB   48.00  49.75    3.65%

4/5/96  3293  UNH    62.50  62.63    0.20%

4/5/96  7695  CKP    26.75  26.38   -1.40%

4/5/96  4536  BIO/A  45.38  44.13   -2.75%

4/5/96  5945  GNT    34.63  32.50   -6.14%

4/5/96  3525  MDT    58.38  54.25   -7.07%

4/5/96  5758  DNEX   35.75  32.13  -10.14%



Rec'd    #  Security      Cost         Value        Change



1/5/96  3183  CA      $178,645.88   $227,584.50    $48,938.63  

1/5/96  4168  ORCL    $178,703.00   $190,946.50    $12,243.50  

4/5/96  5312  ROTC    $205,840.00   $213,808.00     $7,968.00  

7/8/95  3866  TLAB    $185,568.00   $192,333.50     $6,765.50  

4/5/96  3293  UNH     $205,812.50   $206,224.13       $411.63 

4/5/96  7695  CKP     $205,841.25   $202,955.63    $(2,885.63) 

4/5/96  4536  BIO/A   $205,821.00   $200,151.00    $(5,670.00) 

4/5/96  5945  GNT     $205,845.63   $193,212.50   $(12,633.13) 

4/5/96  3525  MDT     $205,771.88   $191,231.25   $(14,540.63) 

4/5/96  5758  DNEX    $205,848.50   $184,975.75   $(20,872.75) 



      CASH           $274.44       

      TOTAL    $2,003,697.19         







Transmitted: 4/16/96 6:04 PM

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