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Thursday, November 14, 1996
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The Daily IFG Report

FOOL GLOBAL WIRE
by Robert Sheard (MF DowMan)

LEXINGTON, KY. (November 14): Technology stocks helped drive the stock markets to record highs yet again today. Among our Investing for Growth holdings, ADC Telecom, SCI Systems, and Tellabs all enjoyed the group's momentum.

In company news, ADC Telecom announced today that it has signed an agreement to acquire Pacific Communication Sciences' infrastructure equipment group for approximately $23 million. PCSI is a wholly owned subsidiary of Cirrus Logic <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ:CRUS)") else Response.Write("(NASDAQ:CRUS)") end if %>. ADC Telecom is making the acquisition as part of its global strategy for building sub-system- and system-level competencies in wireless communications. The acquisition will also help ADCT into new markets, such as wireless data and advanced paging.

"To realize our goal of expanding ADC's presence in mobile and wireless local loop applications, we needed a company that matched our business strategy and could boast a track record of successful system design execution," said Jack Reily, vice president of business development at ADC. "The infrastructure equipment group of PCSI met all our criteria. Its RF system design expertise is the ideal complement to ADC's established platforms."

3Com announced that it has a new manufacturing partner in Design Circuits, Inc., a subsidiary of Centennial Technologies <% if gsSubBrand = "aolsnapshot" then Response.Write("(AMEX:CTN)") else Response.Write("(AMEX:CTN)") end if %>. Centennial Technologies designs, manufactures and markets an extensive line of PCMCIA cards used primarily by original equipment manufacturers (OEMs) for industrial and commercial applications, as well as provides contract manufacturing services.

And finally today, Standard & Poor's announced that is has assigned its preliminary single-A'-plus debt rating to Nike's $500 million senior unsecured debt securities which were filed under a Rule 415 shelf registration. It has also affirmed its A-1' rating on Nike's commercial paper and affirmed its corporate credit rating at single-A'-plus. Because of Nike's dominant market position and strong cash flow, Standard & Poor's considers the company's outlook as stable. Proceeds from the new issue will be used for general corporate purposes, including working capital, capital expenditures, investment in subsidiaries, and refinancing of debt.

The Current IFG Stocks

Nike
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:NKE)") else Response.Write("(NYSE:NKE)") end if %>

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

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 %>

Western Digital
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:WDC)") else Response.Write("(NYSE:WDC)") end if %>

Sun Microsystems
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:SUNW)") else Response.Write("(NYSE:SUNW)") end if %>

Compaq Computer
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:CPQ)") else Response.Write("(NYSE:CPQ)") end if %>

Claire's Stores
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:CLE)") else Response.Write("(NYSE:CLE)") end if %>

Last Update: 11/11/96

Today's IFG Numbers 
      INVESTING FOR GROWTH MODEL (11/14/96)  

          Day   Week  Quarter  Year   History
IFG      0.82%  0.75%  3.46%  15.03%  4579.80%
DJIA     0.62%  1.50%  7.32%  23.37%   661.67%
S&P 500  0.65%  0.69%  7.06%  19.47%   590.84%
NASDAQ   0.76%  1.02%  3.54%  20.74%   758.24%


Bought    #    Stock In At   Now    Change

7/8/95   3866  TLAB  48.00  87.38   82.03%
7/5/96   4562  COMS  44.38  72.00   62.25%
7/5/96   5077  SCIS  39.88  58.63   47.02%
10/4/96  6250  ADCT  32.00  37.75   17.97%
10/4/96  4001  KO    50.00  52.13    4.25%
7/5/96   8756  MIR   23.13  23.50    1.62%
10/4/96  6063  NAUT  33.00  32.38   -1.89%
10/4/96  4879  GNT   41.00  39.25   -4.27%
10/4/96  3218  NKE   62.13  54.25  -12.68%
10/4/96  9642  CLE   20.75  16.88  -18.67%

Bought    #    Stock      Cost        Value        Change

7/8/95   3866  TLAB   $185,568.00  $337,791.75  $152,223.75  
7/5/96   4562  COMS   $202,438.75  $328,464.00  $126,025.25  
7/5/96   5077  SCIS   $202,445.38  $297,639.13   $95,193.75  
10/4/96  6250  ADCT   $200,000.00  $235,937.50   $35,937.50  
10/4/96  4001  KO     $200,050.00  $208,552.13    $8,502.13  
7/5/96   8756  MIR    $202,482.50  $205,766.00    $3,283.50  
10/4/96  6063  NAUT   $200,079.00  $196,289.63   $(3,789.38) 
10/4/96  4879  GNT    $200,039.00  $191,500.75   $(8,538.25) 
10/4/96  3218  NKE    $199,918.25  $174,576.50  $(25,341.75) 
10/4/96  9642  CLE    $200,071.50  $162,708.75  $(37,362.75) 

      CASH           $672.07       
      TOTAL    $2,339,898.20         




Transmitted: 11/14/96


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