Investing For Growth

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Wednesday, December 04, 1996
The Daily IFG Report FOOL GLOBAL WIRE by Robert Sheard (MF DowMan) A wild and woolly day for the Investing for Growth holdings today. First the good news. Nike bounced like a pair of their Air Jordans dunking on the hapless defense today after Salomon Brothers started coverage of the dominant athletic shoe and apparel maker with a "strong buy" rating. Salomon also started coverage of Reebok <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:RBK)") else Response.Write("(NYSE:RBK)") end if %> with a "buy" rating and Fila Holdings <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:FLH)") else Response.Write("(NYSE:FLH)") end if %> with a "hold." Some more good news went Tellabs' way after the company announced that Canada's third largest full-service telecommunications company, TELUS, has signed a 10-year agreement with Tellabs. TELUS will be using the SONET-based TITAN 5500 digital cross-connect system as part of the agreement, which initially is worth more than $4 million. TELUS will be using the TITAN system to improve customer service and reduce operating costs. It also opens the door for future growth because of its scaleable architecture. Which brings us to the bad news. Whether Tellabs' news affected our other telecommunications equipment maker, ADC Telecom, is hard to say. But without any news showing up to explain today's results, it's hard to attribute a cause to the total butt-whipping ADC took today. The stock lost nearly 12% in today's session, after a couple of days of decent gains. If it's profit taking, it's pretty extreme. So, I suspect there's some news or rumors floating around concerning earnings. (First Call has next week listed as ADC's reporting date.) Another topic which has come up recently is how to deal with stock splits. Two-for-one splits are the easiest. You simply double the number of shares you had originally and cut your price per share in half. Your total original cost figure, of course, remains unchanged; you're simply spreading the same cost out over twice as many shares. A three-for-two split takes a little longer (those pesky fractions... you remember the new math?) When a stock splits three-for-two, you end up with one-and-a-half as many shares as you had to begin with and the cost per share is reduced by one-third. So, if you had 100 shares at $50 each, you would have 150 shares at $33.33 after the split.	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: 11/29/96
Today's IFG Numbers Stock Change Bid ------------------- COMS + 7/8 76.75 TLAB + 3/4 42.25 SCIS - 1/2 55.25 ADCT -4 5/8 34.63 MIR + 3/4 24.63 KO - 1/4 49.50 NAUT +1 1/8 35.38 GNT -1 3/8 38.63 NKE +1 3/4 57.50 CLE + 1/4 17.38 Day Month Year History IFG -0.34% 1.97% 15.21% 4587.11% DJIA -0.31% -1.51% 25.52% 674.93% S&P 500 -0.42% -1.57% 20.97% 599.49% NASDAQ -0.26% 0.34% 23.27% 776.25% Rec'd # Security In At Now Change 7/8/95 7732 TLAB 24.00 42.25 76.04% 7/5/96 4562 COMS 44.38 76.75 72.96% 7/5/96 5077 SCIS 39.88 55.25 38.56% 10/4/96 6250 ADCT 32.00 34.63 8.20% 10/4/96 6063 NAUT 33.00 35.38 7.20% 7/5/96 8756 MIR 23.13 24.63 6.49% 10/4/96 4001 KO 50.00 49.50 -1.00% 10/4/96 4879 GNT 41.00 38.63 -5.79% 10/4/96 3218 NKE 62.13 57.50 -7.44% 10/4/96 9642 CLE 20.75 17.38 -16.27% Rec'd # Security In At Value Change 7/5/96 4562 COMS 202438.75 350133.50 $147694.75 7/8/95 7732 TLAB 185568.00 326677.00 $141109.00 7/5/96 5077 SCIS 202445.38 280504.25 $78058.88 10/4/96 6250 ADCT 200000.00 216406.25 $16406.25 10/4/96 6063 NAUT 200079.00 214478.63 $14399.63 7/5/96 8756 MIR 202482.50 215616.50 $13134.00 10/4/96 4001 KO 200050.00 198049.50 -$2000.50 10/4/96 4879 GNT 200039.00 188451.38 -$11587.63 10/4/96 3218 NKE 199918.25 185035.00 -$14883.25 10/4/96 9642 CLE 200071.50 167529.75 -$32541.75 CASH $672.07 TOTAL $2343553.82 Transmitted: 12/4/96

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