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Monday, October 21, 1996
The Daily IFG Report (FOOL GLOBAL WIRE) by Robert Sheard (MF DowMan) LEXINGTON, KY. (October 21): GREEN TREE <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:GNT)") else Response.Write("(NYSE:GNT)") end if %> continued its recent strength today, even after announcing an acquisition. Green Tree reached an agreement to acquire Finova Group's manufacturer- and dealer-services business for about $600 million in cash. In addition, Green Tree assumes about $10 million in liabilities. The total package represents a premium of approximately $58 million over the book value of the unit's assets. Green Tree noted that the MDS unit has strong relationships with over 800 dealers and manufacturers (vendors) nationwide. MDS provides sales finance programs for a number of equipment types including telecommunications, office equipment, computers and peripherals, commercial laundry, and automotive diagnostics. It said MDS has approximately 62,000 end-user customers, and 144 employees. Other big movers on no immediate news include ADC TELECOM <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:ADCT)") else Response.Write("(NASDAQ:ADCT)") end if %>, which gained more then $1.50 a share to recover some of last week's loss; NIKE <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:NKE)") else Response.Write("(NYSE:NKE)") end if %>, which was up probably for no other reason than Tiger Woods winning his second PGA tournament in 7 starts; NAUTICA ENTERPRISES <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:NAUT)") else Response.Write("(NASDAQ:NAUT)") end if %>, which gave back a point and a half of last week's profits; and finally, SCI SYSTEMS <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:SCIS)") else Response.Write("(NASDAQ:SCIS)") end if %>, which got clobbered today, slipping three points after recent strength. Transmitted: 10/21/96	The Current IFG Stocks 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 %> Coca-Cola <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:KO)") else Response.Write("(NYSE:KO)") 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 %> Three Com <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:COMS)") else Response.Write("(NASDAQ:COMS)") end if %> SCI Systems <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:SCIS)") else Response.Write("(NASDAQ:SCIS)") end if %> Sun Microsystems <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:SUNW)") else Response.Write("(NYSE:SUNW)") end if %> Mirage Resorts <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MIR)") else Response.Write("(NYSE:MIR)") end if %> Last Update: 10/21/96
Today's IFG Numbers INVESTING FOR GROWTH MODEL (10/21/96) Day Week Quarter Year History IFG -1.40% -1.40% -0.40% 10.73% 4405.09% DJIA -0.06% -0.06% 3.55% 19.03% 634.87% S&P 500 -0.14% -0.14% 3.28% 15.25% 566.40% NASDAQ -0.49% -0.49% 0.77% 17.51% 735.30% Bought # Stock In At Now Change 7/8/95 3866 TLAB 48.00 78.00 62.50% 7/5/96 4562 COMS 44.38 62.25 40.28% 7/5/96 5077 SCIS 39.88 55.56 39.34% 10/4/96 6063 NAUT 33.00 34.75 5.30% 10/4/96 4879 GNT 41.00 41.88 2.13% 10/4/96 3125 ADCT 64.00 64.00 0.00% 10/4/96 4001 KO 50.00 49.63 -0.75% 10/4/96 1609 NKE 124.25 123.00 -1.01% 7/5/96 8756 MIR 23.13 22.38 -3.24% 10/4/96 9642 CLE 20.75 18.38 -11.45% Bought # Stock Cost Value Change 7/8/95 3866 TLAB $185,568.00 $301,548.00 $115,980.00 7/5/96 4562 COMS $202,438.75 $283,984.50 $81,545.75 7/5/96 5077 SCIS $202,445.38 $282,090.81 $79,645.44 10/4/96 6063 NAUT $200,079.00 $210,689.25 $10,610.25 10/4/96 4879 GNT $200,039.00 $204,308.13 $4,269.13 10/4/96 3125 ADCT $200,000.00 $200,000.00 $- 10/4/96 4001 KO $200,050.00 $198,549.63 $(1,500.38) 10/4/96 1609 NKE $199,918.25 $197,907.00 $(2,011.25) 7/5/96 8756 MIR $202,482.50 $195,915.50 $(6,567.00) 10/4/96 9642 CLE $200,071.50 $177,171.75 $(22,899.75) CASH $382.81 TOTAL $2,252,547.37 Transmitted: 10/21/96
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