Investing For Growth

What You'll Find Here | The IFG Approach Explained | The IFG Statistics Center
Thursday, June 27, 1996
The Daily IFG Report (FOOL GLOBAL WIRE) by Robert Sheard (MF DowMan) LEXINGTON, Ky. (June 27): Tellabs <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:TLAB)") else Response.Write("(NASDAQ:TLAB)") end if %> continues to carry the IFG portfolio almost single-handedly. The stock soared again today after getting a vote of confidence from Lucent Technologies, the recent AT&T spin-off. Lucent has given voice-quality certification to the Tellabs 2551C and 2551E digital echo cancellers. These are the first stand-alone echo cancellers certified by Lucent for its Autoplex System 1000 CDMA platform (code division multiple access). Tellabs jumped 8% today, between this news and the general technology rebound. Yesterday's legal setback for Medtronic <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MDT)") else Response.Write("(NYSE:MDT)") end if %> hasn't hurt the stock materially. Today, after the company announced that it's raising its dividend payment to 9.5 cents a share, the stock regained virtually all of yesterday's loss. The dividend hike represents an annual difference of 46% (to 38 cents) for fiscal 1997 over the fiscal 1996 pay-out of 26 cents. Obviously, today's bounce-back on the Nasdaq doesn't completely make up for the recent pummeling suffered by growth stocks, but if nothing else, it goes to demonstrate just how fickle short-term market movements can be. Has the business world changed for any of these companies in the last 2 weeks? And with the exception of the companies who've made recent announcements about weak earnings, most of the fluctuations in stock prices over the last ten days have been unaccompanied by any news whatsoever. I'm not bright enough to figure out the short-term games plaid on Wall Street, but I take comfort in the fact that neither are most people. It's comforting to know that the long-term outlook gets the job done without having to be clairvoyant. Fool on! Transmitted: 6/27/96	The Current IFG Stocks RoTech Medical <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:ROTC)") else Response.Write("(NASDAQ:ROTC)") end if %> Paychex <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:PAYX)") else Response.Write("(NASDAQ:PAYX)") end if %> Green Tree Financial <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:GNT)") else Response.Write("(NYSE:GNT)") 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 %> Mirage Resorts <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MIR)") else Response.Write("(NYSE:MIR)") 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 %> Three Com <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:COMS)") else Response.Write("(NASDAQ:COMS)") end if %> Hewlett-Packard <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:HWP)") else Response.Write("(NYSE:HWP)") end if %>
Today's IFG Numbers INVESTING FOR GROWTH MODEL (6/27/96) Day Week Quarter Year History IFG 4.62% 0.30% 5.66% 5.11% 4176.30% DJIA -0.09% -0.49% 1.62% 10.95% 585.00% S&P 500 0.63% 0.26% 3.57% 8.54% 527.63% NASDAQ 1.10% -0.79% 5.87% 10.82% 687.74% Rec'd # Security In At Now Change 1/5/96 6252 ORCL 28.58 39.50 38.19% 7/8/95 3866 TLAB 48.00 65.00 35.42% 1/5/96 3183 CA 56.13 69.88 24.50% 4/5/96 7695 CKP 26.75 32.25 20.56% 4/5/96 6804 BIO/A 30.25 35.00 15.70% 4/5/96 3525 MDT 58.38 55.63 -4.71% 4/5/96 5758 DNEX 35.75 33.25 -6.99% 4/5/96 5945 GNT 34.63 32.13 -7.22% 4/5/96 10624 ROTC 19.38 17.50 -9.68% 4/5/96 3293 UNH 62.50 50.38 -19.40% Rec'd # Security Cost Value Change 1/5/96 6252 ORCL $178,703.00 $246,954.00 $68,251.00 7/8/95 3866 TLAB $185,568.00 $251,290.00 $65,722.00 1/5/96 3183 CA $178,645.88 $222,412.13 $43,766.25 4/5/96 7695 CKP $205,841.25 $248,163.75 $42,322.50 4/5/96 6804 BIO/A $205,821.00 $238,140.00 $32,319.00 4/5/96 3525 MDT $205,771.88 $196,078.13 $(9,693.75) 4/5/96 5758 DNEX $205,848.50 $191,453.50 $(14,395.00) 4/5/96 5945 GNT $205,845.63 $190,983.13 $(14,862.50) 4/5/96 10624 ROTC $205,840.00 $185,920.00 $(19,920.00) 4/5/96 3293 UNH $205,812.50 $165,884.88 $(39,927.63) CASH $868.81 TOTAL $2,138,148.31 Transmitted: 6/27/96
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