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What You'll Find Here | The IFG Approach Explained | The IFG Statistics Center
Thursday, July 18, 1996
The Daily IFG Report

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

LEXINGTON, Ky. (July 18): A slow news day for the Investing For Growth portfolios, yet it was another day of solid recovery after the wickedly abrupt 20% correction for the Nasdaq. If we can have another few days like today, the Classic IFG portfolio might just climb back into positive territory for 1996.

The Relative Strength models also bounced again today. The Quarterly Model is up 14.9% for 1996 and the Monthly Model is up 18.5%. If you would like more details on how the Relative Strength variation is set up or wish to follow along with the 1996 models and weekly updates, visit the IFG Statistics Center.

Mirage Resorts <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MIR)") else Response.Write("(NYSE:MIR)") end if %> made a deal with the State of Mississippi today to give up 4,225 acres of wetlands preserve in exchange for 6.8 acres of beachfront property the company needs to build a new casino complex.

Mississippi Secretary of State Eric Clark said the preserve will serve as a habitat for migratory and state birds as well as coastal plants and wildlife. Clark expects it to be a boon for the state's seafood industry. The new resort will be called Beau Rivage ("beautiful shore").

And making something of a recovery since its recent warning, Hewlett-Packard <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:HWP)") else Response.Write("(NYSE:HWP)") end if %> announced that it will invest 218 million Irish pounds in its inkjet printer cartridge manufacturing center in Leixlip, Kildare.

State industrial development authority IDA Ireland supported the investment, which will create a further 836 jobs at the plant, bringing Hewlett-Packard's total investment in the Leixlip plant to 320 million Irish pounds.

Hang in there Classic IFGers; 1996 may turn out okay yet.

Transmitted: 7/18/96

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 (7/18/96)  

Day Week Quarter Year History

IFG 2.57% 1.98% -9.43% -3.04% 3844.66%

DJIA 1.62% -0.84% -3.37% 6.78% 559.26%

S&P 500 1.50% -0.41% -4.06% 4.46% 504.01%

NASDAQ 2.13% 0.57% -6.35% 5.48% 649.78%

Bought # Stock In At Now Change

7/8/95 3866 TLAB 48.00 59.50 23.96%

4/5/96 7695 CKP 26.75 30.38 13.55%

7/5/96 6693 NRES 30.25 29.00 -4.13%

4/5/96 10624 ROTC 19.38 18.50 -4.52%

7/5/96 4394 HWP 46.06 43.75 -5.02%

7/5/96 4153 PAYX 48.75 46.25 -5.13%

7/5/96 4562 COMS 44.38 41.13 -7.32%

7/5/96 8756 MIR 23.13 21.25 -8.11%

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

7/5/96 5077 SCIS 39.88 35.38 -11.29%

Bought # Stock Cost Value Change

7/8/95 3866 TLAB $185,568.00 $230,027.00 $44,459.00

4/5/96 7695 CKP $205,841.25 $233,735.63 $27,894.38

7/5/96 6693 NRES $202,463.25 $194,097.00 $(8,366.25)

4/5/96 10624 ROTC $205,840.00 $196,544.00 $(9,296.00)

7/5/96 4394 HWP $202,398.63 $192,237.50 $(10,161.13)

7/5/96 4153 PAYX $202,458.75 $192,076.25 $(10,382.50)

7/5/96 4562 COMS $202,438.75 $187,612.25 $(14,826.50)

7/5/96 8756 MIR $202,482.50 $186,065.00 $(16,417.50)

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

7/5/96 5077 SCIS $202,445.38 $179,598.88 $(22,846.50)

CASH $279.44

TOTAL $1,972,329.19

Transmitted: 7/18/96


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