(FOOL GLOBAL WIRE) ALEXANDRIA, Va., May 30 -- Hiya, Fools, welcome to the penultimate MF Czar IFG recap. First off, let me apologize for the late filing of this report -- I'm sure that there are many Fools out there that will be *very* happy to have DowMan back at his post. The IFG model portfolio was up 0.71% today, beating the indices by a nose. The big news item today was Computer Associates' announcement that they would split 3-for-2. Since I'm already running late, I'm going to cheat and excerpt straight from Business Wire: ISLANDIA, N.Y.--(BUSINESS WIRE)--May 30, 1996--Computer Associates International, Inc. (NYSE Symbol:CA) today announced that its Board of Directors declared a regular semi-annual cash dividend of $.07 per share. The dividend will be paid on July 9, 1996 to stockholders of record on June 10, 1996. This cash dividend will be paid based on share amounts prior to today's announced stock split. Additionally, the Board declared a three-for-two stock split, in the form of a stock dividend, of its outstanding common stock. The record date will be June 19, 1996 and the payment date will be July 15, 1996. There are currently approximately 242,600,000 shares of CA common stock outstanding, and this number will increase to approximately 363,900,000 shares by reason of the stock split. The company will pay cash in lieu of fractional shares. The Board indicated that it anticipates the future annual cash dividend rate adjusted for the stock split will be $.10 per annum, a 7% increase. ~~~~~~~~ Well, that's all folks, have a Foolish night! Transmitted: 5/30/96 | ||||||||
Investing for Growth Model Portfolio (5/30/96)
Day Week Quarter Year History
IFG 0.71% -1.55% 6.87% 6.31% 4225.27%
DJIA 0.35% 0.10% 1.90% 11.26% 586.91%
S&P 500 0.47% 0.33% 3.97% 8.96% 530.02%
NASDAQ 0.64% -0.68% 12.00% 17.24% 733.32%
Rec'd # Security In At Now Change
1/5/96 3183 CA 56.13 71.75 27.84%
7/8/95 3866 TLAB 48.00 62.06 29.30%
1/5/96 6252 ORCL 28.58 33.25 16.33%
4/5/96 7695 CKP 26.75 33.25 24.30%
4/5/96 4536 BIO/A 45.38 51.00 12.40%
4/5/96 10624 ROTC 19.38 20.75 7.10%
4/5/96 5758 DNEX 35.75 35.75 0.00%
4/5/96 3525 MDT 58.38 56.50 -3.21%
4/5/96 5945 GNT 34.63 33.13 -4.33%
4/5/96 3293 UNH 62.50 53.63 -14.20%
Rec'd # Security Cost Value Change
1/5/96 3183 CA $178,645.88 $228,380.25 $49,734.38
7/8/95 3866 TLAB $185,568.00 $239,933.63 $54,365.63
1/5/96 6252 ORCL $178,703.00 $207,879.00 $29,176.00
4/5/96 7695 CKP $205,841.25 $255,858.75 $50,017.50
4/5/96 4536 BIO/A $205,821.00 $231,336.00 $25,515.00
4/5/96 10624 ROTC $205,840.00 $220,448.00 $14,608.00
4/5/96 5758 DNEX $205,848.50 $205,848.50 $0
4/5/96 3525 MDT $205,771.88 $199,162.50 $(6,609.38)
4/5/96 5945 GNT $205,845.63 $196,928.13 $(8,917.50)
4/5/96 3293 UNH $205,812.50 $176,587.13 $(29,225.38)
CASH $274.44
TOTAL $2,162,636.32
Transmitted: 5/30/96
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