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What You'll Find Here | The IFG Approach Explained | The IFG Statistics Center
Tuesday, June 04, 1996
The Daily IFG Report

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

LEXINGTON, Ky. (June 4): Today's IFG news was dominated by the two Healthcare Services companies: United Healthcare <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:UNH)") else Response.Write("(NYSE:UNH)") end if %> and RoTech Medical <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:ROTC)") else Response.Write("(NASDAQ:ROTC)") end if %>.

United Healthcare was beaten about the head and shoulders by Wall Street (down 4.5%) after CEO Dr. William McGuire commented that premiums for the largest U.S. managed care concern are rising more rapidly than expected. As a result, the company's earnings growth has been slowed. But McGuire sees the trend changing.

McGuire outlined some of the cost elements: Pre-renewal premium rate increases were about 0.5 percent in January, but climbed to 6.7 percent in May. Healthcare cost increases remain in a moderate range of about 2.0 percent for in-patient programs, while out-patient costs are rising faster. And drug costs are "dramatically higher." McGuire declared that "prescription drug costs are not being adequately controlled."

The other half of our medical stock news produced virtually no movement in the stock. RoTech Medical dropped only a quarter of a point after announcing its third-quarter earnings were $0.22 per share compared to $0.17 in the year-ago period, exactly in line with First Call's consensus estimate. For the quarter, net income jumped 62% and operating revenue climbed 108%

That's all on the Investing For Growth front. Keep in mind that the monthly update for the Relative Strength variation takes places this weekend. And Todd Gunerman's IFG Scan variation was updated this past weekend. For details, check out the IFG Statistics Center for those weekly files.

Transmitted: 6/4/96

The Current IFG Stocks

RoTech Medical
<% if gsSubBrand = "aolsnapshot" then Response.Write("
(NASDAQ:ROTC)") else Response.Write("(NASDAQ:ROTC)") end if %>

Green Tree Financial
<% if gsSubBrand = "aolsnapshot" then Response.Write("
(NYSE:GNT)") else Response.Write("(NYSE:GNT)") end if %>

Paychex
<% if gsSubBrand = "aolsnapshot" then Response.Write("
(NASDAQ:PAYX)") else Response.Write("(NASDAQ:PAYX)") end if %>

Tellabs
<% if gsSubBrand = "aolsnapshot" then Response.Write("
(NASDAQ:TLAB)") else Response.Write("(NASDAQ:TLAB)") end if %>

Quick & Reilly Group
<% if gsSubBrand = "aolsnapshot" then Response.Write("
(NYSE:BQR)") else Response.Write("(NYSE:BQR)") 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 %>

Mirage Resorts
<% if gsSubBrand = "aolsnapshot" then Response.Write("
(NYSE:MIR)") else Response.Write("(NYSE:MIR)") end if %>

Medtronic
<% if gsSubBrand = "aolsnapshot" then Response.Write("
(NYSE:MDT)") else Response.Write("(NYSE:MDT)") end if %>

Bio-Rad Labs
(ASE:BIO/A)

Today's IFG Numbers

INVESTING FOR GROWTH MODEL (6/4/96)

Day Week Quarter Year History

IFG 0.46% -1.35% 8.94% 8.37% 4309.15%

DJIA 0.73% 0.40% 1.41% 10.72% 583.57%

S&P 500 0.73% 0.51% 4.19% 9.19% 531.39%

NASDAQ 0.40% 0.02% 12.92% 18.20% 740.20%

Rec'd # Security In At Now Change

4/5/96 7695 CKP 26.75 36.50 36.45%

7/8/95 3866 TLAB 48.00 62.00 29.17%

1/5/96 3183 CA 56.13 70.50 25.61%

4/5/96 6804 BIO/A 30.25 35.88 18.60%

1/5/96 6252 ORCL 28.58 33.00 15.45%

4/5/96 10624 ROTC 19.38 21.25 9.68%

4/5/96 5758 DNEX 35.75 36.25 1.40%

4/5/96 5945 GNT 34.63 33.63 -2.89%

4/5/96 3525 MDT 58.38 56.63 -3.00%

4/5/96 3293 UNH 62.50 53.13 -15.00%

Rec'd # Security Cost Value Change

4/5/96 7695 CKP $205,841.25 $280,867.50 $75,026.25

7/8/95 3866 TLAB $185,568.00 $239,692.00 $54,124.00

1/5/96 3183 CA $178,645.88 $224,401.50 $45,755.63

4/5/96 6804 BIO/A $205,821.00 $244,093.50 $38,272.50

1/5/96 6252 ORCL $178,703.00 $206,316.00 $27,613.00

4/5/96 10624 ROTC $205,840.00 $225,760.00 $19,920.00

4/5/96 5758 DNEX $205,848.50 $208,727.50 $2,879.00

4/5/96 5945 GNT $205,845.63 $199,900.63 $(5,945.00)

4/5/96 3525 MDT $205,771.88 $199,603.13 $(6,168.75)

4/5/96 3293 UNH $205,812.50 $174,940.63 $(30,871.88)

CASH $274.44

TOTAL $2,204,576.82

Transmitted: 6/4/96


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