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Thursday, December 12, 1996
The Daily IFG Report FOOL GLOBAL WIRE by Robert Sheard (MF DowMan) ALEXANDRIA, VA. (December 12) -- Another ugly day for the market. I'm glad I missed it! How did I manage that? I spent today driving from Kentucky to Virginia to visit FOOL HQ. When it wasn't raining, the countryside was attractive, traffic was light, listened to a couple of decent books on tape, played a CD or two. In other words, a pretty stress-free day. That certainly wouldn't have been the case if I had stayed home and watched the ticker. Every ten or twenty points the market dropped late in the day I would have agonized a little more. So, being able to escape the obsession of watching the stock ticker as if it were a heart monitor in an intensive care unit sure makes days like today easier to take in stride. The fact that the market dove 100 points (and the Nasdaq gave up 10) doesn't become an emotional event. Oh well, on to the real news. Was there any? Not much. Once again inflation data suggests the bogey-man's been kept at bay for another month at least, but it didn't prop up stocks today. For the most part the Nasdaq held up much better though, actually sitting on a slight gain until the last 30 minutes of trading or so saw it drop 13 or 14 points. But the same can't be said for IFG's technology stocks. Virtually to a stock, the portfolio got hammered again, making an already weak year look as if it could slip into the dismal category. The one bright spot (although still getting hammered today) was ADC Telecom, which beat analyst earnings projections by a penny yesterday. Today, Robinson-Humphrey upgraded the stock from a "market outperform" to a "buy." As I'm on the road through Saturday night, look for most of my weekend updating to come late Sunday instead of my usual Saturday afternoon pattern. In the meantime, go out to dinner, catch a movie, anything rather than spend the evening wondering what tomorrow's going to bring for the market. Who knows? And if your time horizon is decades long, does tomorrow matter so much? Probably not.	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: 12/06/96
Today's IFG Numbers Stock Change Bid ------------------- COMS -2 7/8 76.00 TLAB -2 5/8 37.50 SCIS -3 5/16 48.94 ADCT -2 3/8 33.25 MIR --- 22.38 KO -1 1/4 47.75 NAUT + 3/4 32.00 GNT -1 3/8 37.63 NKE - 3/4 53.88 CLE - 3/4 14.00 Day Month Year History IFG -3.64% -5.73% 6.50% 4233.02% DJIA -1.54% -3.34% 23.19% 660.55% S&P 500 -1.54% -3.82% 18.41% 584.66% NASDAQ -0.82% 0.44% 23.40% 777.13% Rec'd # Stock In At Now Change 7/5/96 4562 COMS 44.38 76.00 71.27% 7/8/95 7732 TLAB 24.00 37.50 56.25% 7/5/96 5077 SCIS 39.88 48.94 22.73% 10/4/96 6250 ADCT 32.00 33.25 3.91% 10/4/96 6063 NAUT 33.00 32.00 -3.03% 7/5/96 8756 MIR 23.13 22.38 -3.24% 10/4/96 4001 KO 50.00 47.75 -4.50% 10/4/96 4879 GNT 41.00 37.63 -8.23% 10/4/96 3218 NKE 62.13 53.88 -13.28% 10/4/96 9642 CLE 20.75 14.00 -32.53% Rec'd # Stock In At Value Change 7/5/96 4562 COMS 202438.75 346712.00 $144273.25 7/8/95 7732 TLAB 185568.00 289950.00 $104382.00 7/5/96 5077 SCIS 202445.38 248455.69 $46010.31 10/4/96 6250 ADCT 200000.00 207812.50 $7812.50 10/4/96 6063 NAUT 200079.00 194016.00 -$6063.00 7/5/96 8756 MIR 202482.50 195915.50 -$6567.00 10/4/96 4001 KO 200050.00 191047.75 -$9002.25 10/4/96 4879 GNT 200039.00 183572.38 -$16466.63 10/4/96 3218 NKE 199918.25 173369.75 -$26548.50 10/4/96 9642 CLE 200071.50 134988.00 -$65083.50 CASH $672.07 TOTAL $2166511.63 Transmitted: 12/12/96

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