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Thursday, November 21, 1996
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The Daily IFG Report

FOOL GLOBAL WIRE
by Robert Sheard (MF DowMan)

LEXINGTON, KY. (November 21): Ugly! We're talking the morning-after-the-night-before ugly. When you wake up and it tastes like you've been eating sheep rather than counting them. That's what today's Investing for Growth portfolio looks like today.

The only real saving grace today was from Green Tree, which fought valiantly in the face of overwhelming odds and posted a 2% gain. Almost everything else was in the negative column today.

I hate days like today, and not just because the portfolio slipped, but because there was so little news of consequence for the stocks we track. At some point, you just have to throw up your hands and say, "Yep, the market went down today, big deal." After so many good days in recent weeks, we're undoubtedly due for days like this. (Some bears would say we're due for a major crash, but being the fully invested Fools that we are, we're not really concerned what the prophets say.)

The only news today for IFG was Coca-Cola's press announcement trying to correct how the media and traders were interpreting comments made by Chairman and Chief Executive Officer Robert Goizuta on Wednesday when he said that the company would post 1996 operating income of around $4 billion. Coca-Cola's operating income last year was $4.09 billion, prompting some investors to believe that Coke's earnings wouldn't match estimates.

A spokesman today, however, said Goizueta's comment wasn't "intended to be any kind of forecast" and "there is no occasion to get worried." Besides, the spokesman said, $4 billion in operating income for the year is consistent with estimates because several nonrecurring items were recorded in the third quarter.

It didn't help much. Coke dropped a buck today anyway. So, grab a Coke, put on your Nikes and a Nautica shirt, do a little shopping for your daughter at Claire's Boutiques, and maybe book a vacation at Mirage Resorts. Let's resurrect the IFG portfolio through the old consumer-as-investor model. Fool on!

The Current IFG Stocks

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

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 %>

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 %>

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

Last Update: 11/18/96

Today's IFG Numbers 
      INVESTING FOR GROWTH MODEL (11/21/96)  

           Day    Week   Quarter  Year   History
IFG      -1.46%  -3.23%  -0.42%  10.71%  4404.27%
DJIA     -0.18%   1.11%   9.12%  25.43%   674.39%
S&P 500  -0.16%   0.69%   8.06%  20.59%   597.29%
NASDAQ   -0.54%  -0.30%   2.54%  19.57%   749.94%


Bought    #    Stock In At   Now    Change

7/8/95   7732  TLAB  24.00  39.75   65.63%
7/5/96   4562  COMS  44.38  72.63   63.66%
7/5/96   5077  SCIS  39.88  55.69   39.66%
10/4/96  6250  ADCT  32.00  35.56   11.13%
10/4/96  4001  KO    50.00  50.63    1.25%
10/4/96  4879  GNT   41.00  40.63   -0.91%
7/5/96   8756  MIR   23.13  22.88   -1.08%
10/4/96  6063  NAUT  33.00  31.00   -6.06%
10/4/96  3218  NKE   62.13  53.38  -14.08%
10/4/96  9642  CLE   20.75  15.25  -26.51%

Bought    #    Stock      Cost        Value       Change

7/8/95   7732  TLAB   $185,568.00  $307,347.00  $121,779.00  
7/5/96   4562  COMS   $202,438.75  $331,315.25  $128,876.50  
7/5/96   5077  SCIS   $202,445.38  $282,725.44   $80,280.06  
10/4/96  6250  ADCT   $200,000.00  $222,265.63   $22,265.63  
10/4/96  4001  KO     $200,050.00  $202,550.63    $2,500.63  
10/4/96  4879  GNT    $200,039.00  $198,209.38   $(1,829.63) 
7/5/96   8756  MIR    $202,482.50  $200,293.50   $(2,189.00) 
10/4/96  6063  NAUT   $200,079.00  $187,953.00  $(12,126.00) 
10/4/96  3218  NKE    $199,918.25  $171,760.75  $(28,157.50) 
10/4/96  9642  CLE    $200,071.50  $147,040.50  $(53,031.00) 

      CASH           $672.07       
      TOTAL    $2,252,133.13         




Transmitted: 11/21/96


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