Investing For Growth
Investing For Growth
by Robert Sheard (MF DowMan) LEXINGTON, Ky. (Apr. 25): The Nasdaq continues to break records and two of the IFG model's over-the-counter stocks had nice moves without any specific news today. Both RoTech Medical <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:ROTC)") else Response.Write("(NASDAQ:ROTC)") end if %> and Dionex <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:DNEX)") else Response.Write("(NASDAQ:DNEX)") end if %> helped out the Growth model.
Since last fall, IFG has been in the dumps, but recently, it's been showing signs of springing back to life. Talk about a bad case of market timing. The same month I announced the model and the Fools began offering my IFG Primer in FoolMart, the approach experienced its worst quarter in its more-than-sixteen-year history. There's a lesson in there somewhere about patience and discipline, I think.
Computer Associates <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:CA)") else Response.Write("(NYSE:CA)") end if %> announced that Coca-Cola Amatil, the Sydney-based international bottler of Coca-cola products, has signed a global license for CA-PRMS, CA's manufacturing and distributions software for the IBM AS/400 platform. Coca-cola Amatil expects the move to save its subsidiaries as much as 20% in operating costs. The company already has the software installed in five countries, and may add the product in as many as eleven others.
Sterling Software <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:SSW)") else Response.Write("(NYSE:SSW)") end if %>, one of the stocks held in the Relative Strength variation of the IFG approach, announced that its SOLVE line of enterprise network management and systems operations products support Year 2000 date changes. The computer industry is waking up to the fact that main packages will collapse as we enter the final year of the millennium because the software only reads the last two digits of the year, so when 2000 rolls around, the software program will interpret the double-zero as 1900, playing havoc with applications in many fields. (For those of you scrambling to e-mail me about my calendar mistake, the new millennium technically won't begin until we begin 2001. The Twentieth Century includes the year 2000. That's little comfort to the confused computers, though.)
One final note: Two buttons have changed names in the IFG Area. What was called the Daily IFG is now called the IFG Model Portfolio, and what was called the Historic IFG is now called the IFG Statistics Center. Many readers were apparently having trouble distinguishing between the model portfolio's holdings and the Current list of IFG stocks which changes weekly. We hope the elimination of the word "Daily" from the Model Portfolio section will alleviate some confusion. Nothing else has changed, however. All the material remains the same and in the same location; the names were changed to protect the bewildered. Fool on!
Transmitted: 4/25/96 | ||||||||
INVESTING FOR GROWTH (4/25/96) | ||||||||
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