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What You'll Find Here | The IFG Approach Explained | The IFG Statistics Center
Wednesday, July 17, 1996
The Daily IFG Report

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

LEXINGTON, Ky. (July 17): After a 20% correction for the Nasdaq over the last five weeks, the technology sector began to bounce back today, partly buoyed by positive earnings from Intel <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:INTC)") else Response.Write("(NYSE:INTC)") end if %>.

There's precious little to report about any of the IFG stocks other than to say that we can use the help after dropping into red figures for the year in the midst of the recent decline.

The good news is that the Relative Strength portfolios are still holding a considerable lead over the market indices for the year, even after the sell-off. Relative Strength is a good indicator of which stocks are holding up the best when the market goes through a period like this.

Keep in mind that relative strength rankings simply measure a stock's performance compared to all other stocks, not against an absolute benchmark. So it's possible that a stock will see a decline in price during a market sell-off and yet still be climbing in terms of relative strength. Such stocks are often the ones which will rebound the strongest after a correction.

One other note about IFG: if you're not a subscriber to Smart Money magazine, Tom Gardner's "Unconventional Wisdom" article in the August issue is now out and it features IFG and the community spirit here on The Fool that made it possible. Pick up a copy at your local newsstand and share it with a soon-to-be-Foolish friend.

Transmitted: 7/17/96

The Current IFG Stocks

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

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 %>

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

Nichols Research
<% if gsSubBrand = "aolsnapshot" then Response.Write("
(NASDAQ:NRES)") else Response.Write("(NASDAQ:NRES)") end if %>

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

SCI Systems
<% if gsSubBrand = "aolsnapshot" then Response.Write("
(NASDAQ:SCIS)") else Response.Write("(NASDAQ:SCIS)") end if %>

Nautica Enterprises
<% if gsSubBrand = "aolsnapshot" then Response.Write("
(NASDAQ:NAUT)") else Response.Write("(NASDAQ:NAUT)") end if %>

Today's IFG Numbers
INVESTING FOR GROWTH MODEL (7/17/96)  

Day Week Quarter Year History

IFG 4.12% -0.57% -11.70% -5.47% 3745.76%

DJIA 0.34% -2.43% -4.91% 5.08% 548.72%

S&P 500 0.91% -1.87% -5.48% 2.92% 495.11%

NASDAQ 3.15% -1.53% -8.30% 3.28% 634.12%

Bought # Stock In At Now Change

7/8/95 3866 TLAB 48.00 58.00 20.83%

4/5/96 7695 CKP 26.75 28.88 7.94%

7/5/96 8756 MIR 23.13 21.75 -5.95%

7/5/96 4394 HWP 46.06 43.00 -6.65%

7/5/96 6693 NRES 30.25 27.75 -8.26%

4/5/96 10624 ROTC 19.38 17.75 -8.39%

7/5/96 4153 PAYX 48.75 44.38 -8.97%

7/5/96 4562 COMS 44.38 40.25 -9.30%

7/5/96 6402 BQR 31.63 28.13 -11.07%

7/5/96 5077 SCIS 39.88 34.38 -13.79%

Bought # Stock Cost Value Change

7/8/95 3866 TLAB $185,568.00 $224,228.00 $38,660.00

4/5/96 7695 CKP $205,841.25 $222,193.13 $16,351.88

7/5/96 8756 MIR $202,482.50 $190,443.00 $(12,039.50)

7/5/96 4394 HWP $202,398.63 $188,942.00 $(13,456.63)

7/5/96 6693 NRES $202,463.25 $185,730.75 $(16,732.50)

4/5/96 10624 ROTC $205,840.00 $188,576.00 $(17,264.00)

7/5/96 4153 PAYX $202,458.75 $184,289.38 $(18,169.38)

7/5/96 4562 COMS $202,438.75 $183,620.50 $(18,818.25)

7/5/96 6402 BQR $202,463.25 $180,056.25 $(22,407.00)

7/5/96 5077 SCIS $202,445.38 $174,521.88 $(27,923.50)

CASH $279.44

TOTAL $1,922,880.32

Transmitted: 7/17/96


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