Investing For Growth

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Tuesday, June 11, 1996
The Daily IFG Report (FOOL GLOBAL WIRE) by Robert Sheard (MF DowMan) LEXINGTON, Ky. (June 11): A real snoozer day for news on the IFG portfolio. Checkpoint Systems <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:CKP)") else Response.Write("(NYSE:CKP)") end if %> continued its rise after yesterday's Alex. Brown upgrade. RoTech Medical <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:ROTC)") else Response.Write("(NASDAQ:ROTC)") end if %> held firm today after yesterday's 12% decline. As several readers in the IFG folder pointed out, there was no news on the company other than a negative article in Barron's over the weekend. I no longer read that publication so I wasn't aware of the article, but even though it's not news simply that Barron's dumps on a stock, such an article still has a short-term effect. Tellabs <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:TLAB)") else Response.Write("(NASDAQ:TLAB)") end if %> also dropped more than a dollar a share today on no discernible news. The other loser today was Green Tree <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:GNT)") else Response.Write("(NYSE:GNT)") end if %>, the only IFG stock with news coming across the wire. Standard & Poor's affirmed its A-minus senior debt, BBB-plus subordinated debt, and A-2 commercial paper ratings on Green Tree, in connection with an increase of Green Tree's commercial paper program to $1 billion from $500 million. S&P believes that the company's commercial paper program is amply backed up by a $500 million committed bank credit facility and $1.3 billion in Master Repurchase Agreements provided by various Investment Banking firms. They see the outlook as a stable one. So why the drop? Gremlins. Yeah, that's it, gremlins. As good an answer as any, I suppose. (Now you know why I don't work for a Wall Street firm. Not too many analysts or MBA types can give "gremlins" as a reason for a stock move and not get beaten about the head and shoulders by their boss. "I have no clue" is not an acceptable answer, even when it's an accurate one.) Transmitted: 6/11/96	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 (6/11/96) Day Week Quarter Year History IFG -0.05% -1.07% 6.32% 5.77% 4203.14% DJIA -0.34% -0.50% 1.46% 10.78% 583.93% S&P 500 -0.18% -0.35% 3.95% 8.94% 529.90% NASDAQ 0.06% 0.08% 11.75% 16.98% 731.48% Rec'd # Security In At Now Change 4/5/96 7695 CKP 26.75 37.38 39.72% 7/8/95 3866 TLAB 48.00 62.50 30.21% 1/5/96 3183 CA 56.13 68.25 21.60% 4/5/96 6804 BIO/A 30.25 36.38 20.25% 1/5/96 6252 ORCL 28.58 33.88 18.51% 4/5/96 5758 DNEX 35.75 37.00 3.50% 4/5/96 3525 MDT 58.38 56.13 -3.85% 4/5/96 10624 ROTC 19.38 17.38 -10.32% 4/5/96 5945 GNT 34.63 30.88 -10.83% 4/5/96 3293 UNH 62.50 50.50 -19.20% Rec'd # Security Cost Value Change 4/5/96 7695 CKP $205,841.25 $287,600.63 $81,759.38 7/8/95 3866 TLAB $185,568.00 $241,625.00 $56,057.00 1/5/96 3183 CA $178,645.88 $217,239.75 $38,593.88 4/5/96 6804 BIO/A $205,821.00 $247,495.50 $41,674.50 1/5/96 6252 ORCL $178,703.00 $211,786.50 $33,083.50 4/5/96 5758 DNEX $205,848.50 $213,046.00 $7,197.50 4/5/96 3525 MDT $205,771.88 $197,840.63 $(7,931.25) 4/5/96 10624 ROTC $205,840.00 $184,592.00 $(21,248.00) 4/5/96 5945 GNT $205,845.63 $183,551.88 $(22,293.75) 4/5/96 3293 UNH $205,812.50 $166,296.50 $(39,516.00) CASH $497.25 TOTAL $2,151,571.63 Transmitted: 6/11/96
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