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Monday, January 06, 1997
The Daily Dow FOOL GLOBAL WIRE by Robert Sheard LEXINGTON, KY. (January 6) -- Several weeks ago, David Gardner (Motley Fool himself) wrote about the beauty of this medium in not only allowing interactivity, but allowing for corrections at amazing speed. This weekend proved his point again to me. On Friday, I wrote that the fractional shares anyone received in the NCR spin-off from AT&T would be paid out in cash (as the company did with the fractional shares in the Lucent Technologies spin-off). But that's not the case, in fact. Only investors who had fewer than 16 shares of AT&T to begin with (and thus would be entitled to less than a single share of NCR) will be paid in cash. Everyone else will actually acquire the fractional share of NCR. Several readers brought my misinterpretation of the company's instructions to my attention Friday evening and Saturday morning, and we were able to post a corrected version of those calculations within hours of the original posting. (If I had been online late Friday night, it might have been done even sooner.) A traditional print publication, though, may have a month's lag before it can print a correction to a mistake. By then, most readers have forgotten the original point to begin with. Here, not only can I mention it again today, but I can go back and correct the original site so anyone viewing it in the future will see the correct version. Of course, that's a little scary if you've read Orwell's 1984, rewriting history as if it never really happened, but trust us. We only use out powers for good here. (Look into the watch. You're getting sleepy ... very sleepy.) In other forum news, the new Foolish Workshop is open in its temporary home in the Investing for Growth Statistics Center. It's to be moved soon to a more prominent location (probably in our Stock Research area). If you're tracking Dow Dividend Approaches other than the Foolish Four, I've included the majority of them in the Workshop, with directions for each one right with the current rankings and performance numbers. It should be much more convenient in the future. Enjoy!	The Current BTD 10 1. AT&T (NYSE:T) 2. *International Paper <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:IP)") else Response.Write("(NYSE:IP)") end if %> 3. *General Motors <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:GM)") else Response.Write("(NYSE:GM)") end if %> 4. *Chevron Corp <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:CHV)") else Response.Write("(NYSE:CHV)") end if %> 5. *Minnesota Mining & Mfg <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MMM)") else Response.Write("(NYSE:MMM)") end if %> 6. J.P. Morgan <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:JPM)") else Response.Write("(NYSE:JPM)") end if %> 7. Du Pont de Nemours & Co. <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:DD)") else Response.Write("(NYSE:DD)") end if %>  8. Exxon <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:XON)") else Response.Write("(NYSE:XON)") end if %> 9. Texaco <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:TX)") else Response.Write("(NYSE:TX)") end if %> 10. Philip Morris <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MO)") else Response.Write("(NYSE:MO)") end if %> ***NOTE: FOOLISH FOUR STOCKS ARE PRECEDED BY AN ASTERISK AND ARE ITALICISED Last Update: 01/06/97
Today's Dow Numbers Stock Change Bid ------------------- T -2 1/8 39.50 GM +1 1/2 59.25 CHV + 3/4 66.88 MMM + 1/8 84.88 Day Month Year History FOOL-4 -1.22% -0.09% -0.09% 29.17% DJIA +0.35% 1.84% 1.84% 28.34% S&P 500 -0.05% 0.93% 0.93% 21.39% NASDAQ +0.44% 1.97% 1.97% 25.12% Rec'd # Security In At Now Change 1/2/96 155 3M 64.50 84.88 31.58% 1/2/96 198 Chevron 52.38 66.88 27.68% 1/2/97 231 Gen. Motor 55.75 59.25 6.28% 1/2/97 618 AT&T 41.75 39.50 -5.39% Rec'd # Security In At Value Change 1/2/96 155 3M 9998.09 13155.63 $3157.54 1/2/96 198 Chevron 10370.25 13241.25 $2871.00 1/2/97 231 Gen. Motor 12878.25 13686.75 $808.50 1/2/97 618 AT&T 25801.50 24411.00 -$1390.50 CASH $91.60 TOTAL $64586.23 Transmitted: 1/6/97

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