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Monday, November 25, 1996
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The Daily IFG Report

FOOL GLOBAL WIRE
by Robert Sheard (MF DowMan)

LEXINGTON, KY. (November 25) -- All three major stock indices rose to record highs again today. Existing Home Sales dropped lower than expected and the dollar was strong against the Yen and the Mark, so bonds rose on the session, pulling stocks along with them. For most of the IFG stocks, it was a fairly good day -- with Nautica Enterprises recording the big move for the day, a gain of 7%.

In corporate news, Nike tried to do a little image repair today with the announcement of the opening of a new soccer stitching center in Pakistan. SAGA sports, Nike's Pakistani soccer ball manufacturer, opened the new center which was designed to eliminate the use of underage labor.

Located in the Pakistani village of Seokee, the center will employ nearly 500 stitchers and produce soccer balls for the European, Asian and North and South American markets. It is the first of at least five centers that will be built within the next 18 months. SAGA will hire stitchers only after presentation of valid government identification that will ensure they meet the country's minimum working age.

Mirage Resorts added a 1% jump to last week's big move after a positive article in Barron's this weekend about consolidation in the gaming industry. According to the article, any such consolidation will help the largest of the companies, particularly those situated primarily in Las Vegas, which includes Mirage. The others mentioned were Hilton Hotels <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: HLT)") else Response.Write("(NYSE: HLT)") end if %>, ITT Corp. <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: ITT)") else Response.Write("(NYSE: ITT)") end if %>, Circus Circus <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: CIR)") else Response.Write("(NYSE: CIR)") end if %>, and MGM Grand <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: MGG)") else Response.Write("(NYSE: MGG)") end if %>.

And finally today, 3Com extended its partnership with PictureTel Corp. <% if gsSubBrand = "aolsnapshot" then Response.Write("(NASDAQ: PCTL)") else Response.Write("(NASDAQ: PCTL)") end if %> and the joint venture will offer a new solutions bundle to deliver affordable multimedia computing services for the desktop user. Here is the product description from the press release for all of you more technically-inclined Fools:

"3Com will offer customers a special bundle promotion featuring four of its new, SuperStack(TM) II Desktop Switch products which deliver bandwidth boost to support a full range of LAN services including multimedia or intranet applications at the industry's lowest price of $120 per port. Also included in the bundle is a SuperStack II Switch 3000 TX Fast Ethernet product, plus a PictureTel LiveLAN(TM) starter kit (Release 2.0) valued at $2,795 at no additional cost. The LiveLAN starter kit incorporates two desktop units to help users introduce video conferencing technology to their network. The total price of this desktop switching bundle which provides up to 108 users with dedicated 10 Mbps bandwidth is just $18,375."

Unfortunately, the news didn't spur on the stock, which dropped 2% even in the face of a strong move for the Nasdaq Composite.

The Current IFG Stocks

Green Tree Financial
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:GNT)") else Response.Write("(NYSE:GNT)") end if %>

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 %>

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: 11/22/96

Today's IFG Numbers 
      INVESTING FOR GROWTH MODEL (11/25/96)  

          Day   Week   Quarter  Year   History
IFG      0.37%  0.37%   1.79%  13.17%  4504.28%
DJIA     1.17%  1.17%  11.32%  27.96%   689.99%
S&P 500  1.11%  1.11%  10.14%  22.91%   610.69%
NASDAQ   0.47%  0.47%   4.36%  21.69%   765.00%


Bought    #    Stock In At   Now   Change

7/5/96   4562  COMS  44.38  73.88  66.48%
7/8/95   7732  TLAB  24.00  39.25  63.54%
7/5/96   5077  SCIS  39.88  55.38  38.87%
10/4/96  6250  ADCT  32.00  36.88  15.23%
7/5/96   8756  MIR   23.13  24.75   7.03%
10/4/96  4001  KO    50.00  51.25   2.50%
10/4/96  6063  NAUT  33.00  33.50   1.52%
10/4/96  4879  GNT   41.00  41.25   0.61%
10/4/96  3218  NKE   62.13  55.88 -10.06%
10/4/96  9642  CLE   20.75  14.88 -28.31%

Bought    #    Stock      Cost        Value       Change

7/5/96   4562  COMS   $202,438.75  $337,017.75  $134,579.00  
7/8/95   7732  TLAB   $185,568.00  $303,481.00  $117,913.00  
7/5/96   5077  SCIS   $202,445.38  $281,138.88   $78,693.50  
10/4/96  6250  ADCT   $200,000.00  $230,468.75   $30,468.75  
7/5/96   8756  MIR    $202,482.50  $216,711.00   $14,228.50  
10/4/96  4001  KO     $200,050.00  $205,051.25    $5,001.25  
10/4/96  6063  NAUT   $200,079.00  $203,110.50    $3,031.50  
10/4/96  4879  GNT    $200,039.00  $201,258.75    $1,219.75  
10/4/96  3218  NKE    $199,918.25  $179,805.75  $(20,112.50) 
10/4/96  9642  CLE    $200,071.50  $143,424.75  $(56,646.75) 

      CASH           $672.07       
      TOTAL    $2,302,140.45         




Transmitted: 11/25/96


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