(FOOL GLOBAL WIRE) LEXINGTON, Ky. (June 25): Tellabs <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:TLAB)") else Response.Write("(NASDAQ:TLAB)") end if %> continues its recent climb after lying dormant in the Investing For Growth model portfolio for months. Today the company led the IFG portfolio to a minor victory after announcing, along with DSC Communications <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:DIGI)") else Response.Write("(NASDAQ:DIGI)") end if %> and Advanced Fibre Communications, that the three companies agreed to shake hands and go about their business. The companies have settled all litigation between them, as well as the litigation between DSC and some former employees.
I doubt whether it had all that much to do with today's rise, but removing litigation concerns is always a positive event.
Several readers have asked about historical returns for the various new IFG models we've begun tracking online. Unfortunately, getting the historical data for some of these models isn't easy.
For the relative strength models, for example, we need a full archive of old Investor's Business Daily newspapers. Unfortunately, the newspaper itself doesn't offer any such archive, either in print, microform, or electronic version. And the few libraries who have made their own copies on microfilm or microfiche are understandably reluctant to allow them to be borrowed through the Inter-Library Loan system.
What this means is I'm going to have to spend some time out of town at a library with the archive I need (probably in New York). One regular reader located a microfiche copy of IBD at the New York Public Library and has been doing some number gathering. But to get the complete database I want, I will need to spend time in person to get all the details I require to build the full testing database.
In other words, bear with me, folks; this will take quite a bit of time before I can arrange for the time at the library and compile all the data I need. But as soon as I have anything to report, Foolish readers will be the first to see the results.
Transmitted: 6/25/96 | ||||||||
INVESTING FOR GROWTH MODEL (6/25/96) | ||||||||
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