Investing For Growth

What You'll Find Here | The IFG Approach Explained | The IFG Statistics Center
Wednesday, September 25, 1996
The Daily IFG Report (FOOL GLOBAL WIRE) by Robert Sheard (MF DowMan) LEXINGTON, KY. (September 25): Talk about Jekyll and Hyde! Today's Investing for Growth portfolio saw the best and worst Wall Street has to offer. First the good news. 3Com posted fantastic earnings numbers after the bell yesterday. According to First Call, the consensus analyst estimate was for $0.47 per share, but 3Com posted $0.52, up from $0.33 a share in the year-ago period. Sales for the quarter were $707 million, up 42% over last year and net income was up 62% to $93.1 million. For more details on 3Com's earnings, check out last night's Fool Portfolio report and the special earnings report in our Stock Research area. The earnings report boosted the stock $8 a share. And now the bad news. Checkpoint Systems was absolutely crucified today after making and announcement that third-quarter earnings will be short of expectations because of the effects of Hurricane Hortense and the timing of pending supermarket chain-wide roll-outs. Here's what president Kevin Dowd had to say: "Although our manufacturing and distribution facility in Puerto Rico is now running at full production, we estimate that eight days of production were lost from a combination of electrical and water outages. In addition, transportation issues made it difficult for employees to get to the plant and interrupted deliveries of materials and electronics parts." Dowd continued, "Checkpoint's focus during the 1996 year is on gaining market momentum in supermarket chains. Domestically, the receipt of new supermarket orders is behind plan. However, contingent upon the completion of contracts for two major U.S. supermarket chains, we believe our momentum in the U.S. will accelerate. In our international markets, we have shown substantial progress in supermarket chains as evidenced by the signing of new supermarket installations covering approximately 850 stores during the first half of 1996." Before the stock could open today, it was off some $9 in third-market trading, recovered a bit during the day, and closed down nearly $7 a share. All isn't gloom and doom for Checkpoint, though. NatWest Securities lowered its third-quarter estimates from $0.21 to $0.15 and its annual estimate from $0.73 to $0.64, but kept the stock rated as a "buy." According to NatWest, although the news "may be a short-term negative for the stock, we believe the long-term fundamentals are still in place and would continue to use any significant weakness in the stock to add to positions." Two other IFG stocks made appreciable moves today as well, although not on any immediate news. Paychex was up nearly 3% and SCI Systems was up nearly 4%. Transmitted: 9/25/96	The Current IFG Stocks Coca-Cola <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:KO)") else Response.Write("(NYSE:KO)") end if %> Quick & Reilly Group <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:BQR)") else Response.Write("(NYSE:BQR)") end if %> Green Tree Financial <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:GNT)") else Response.Write("(NYSE:GNT)") end if %> Nautica Enterprises <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:NAUT)") else Response.Write("(NASDAQ:NAUT)") end if %> Nike <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:NKE)") else Response.Write("(NYSE:NKE)") end if %> Tellabs <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:TLAB)") else Response.Write("(NASDAQ:TLAB)") end if %> ADC Telecom <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:ADCT)") else Response.Write("(NASDAQ:ADCT)") end if %> Mirage Resorts <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MIR)") else Response.Write("(NYSE:MIR)") end if %> SCI Systems <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:SCIS)") else Response.Write("(NASDAQ:SCIS)") end if %> Claire's Stores <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:CLE)") else Response.Write("(NYSE:CLE)") end if %>
Today's IFG Numbers INVESTING FOR GROWTH MODEL (9/25/96) Day Week Quarter Year History IFG -0.68% -0.96% 6.06% 13.54% 4519.32% DJIA 0.06% -0.19% 3.94% 14.86% 609.11% S&P 500 0.03% -0.17% 2.27% 11.35% 543.85% NASDAQ 0.77% 0.41% 3.35% 16.40% 727.36% Bought # Stock In At Now Change 7/8/95 3866 TLAB 48.00 73.00 52.08% 7/5/96 4562 COMS 44.38 64.63 45.63% 7/5/96 5077 SCIS 39.88 57.75 44.83% 7/5/96 4153 PAYX 48.75 60.50 24.10% 7/5/96 8756 MIR 23.13 24.88 7.57% 7/5/96 4394 HWP 46.06 48.25 4.75% 4/5/96 7695 CKP 26.75 27.63 3.27% 7/5/96 6693 NRES 30.25 29.25 -3.31% 7/5/96 6402 BQR 31.63 27.88 -11.86% 4/5/96 10624 ROTC 19.38 16.00 -17.42% Bought # Stock Cost Value Change 7/8/95 3866 TLAB $185,568.00 $282,218.00 $96,650.00 7/5/96 4562 COMS $202,438.75 $294,819.25 $92,380.50 7/5/96 5077 SCIS $202,445.38 $293,196.75 $90,751.38 7/5/96 4153 PAYX $202,458.75 $251,256.50 $48,797.75 7/5/96 8756 MIR $202,482.50 $217,805.50 $15,323.00 7/5/96 4394 HWP $202,398.63 $212,010.50 $9,611.88 4/5/96 7695 CKP $205,841.25 $212,574.38 $6,733.13 7/5/96 6693 NRES $202,463.25 $195,770.25 $(6,693.00) 7/5/96 6402 BQR $202,463.25 $178,455.75 $(24,007.50) 4/5/96 10624 ROTC $205,840.00 $169,984.00 $(35,856.00) CASH $1,568.06 TOTAL $2,309,658.94 Transmitted: 9/25/96
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