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General Motors

General Motors Corporation <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: GM)") else Response.Write("(NYSE: GM)") end if %>
http://www.gm.com
100 Renaissance Ctr.
Detroit, MI 48243-7301
Ph: 313-556-5000

GM News

03/09/98 - Buy Announcement

GM Buy Stats

On March 12, 1998, the Rule Maker Portfolio made its sixth through ninth purchases by bellying up to the bar to buy its Foolish Four stocks. The Fool Four and its variations are market-beating methodical approaches that have investors buying the highest-yielding, lowest-priced Dow Jones Industrial stocks and holding them for 18 months before switching again to the new highest-yielding Dow stocks.

The Rule Maker Portfolio used the RP variation of the Foolish Four approach. The stocks bought were Chevron <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: CHV)") else Response.Write("(NYSE: CHV)") end if %>, Eastman Kodak <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: EK)") else Response.Write("(NYSE: EK)") end if %>, Exxon <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: XON)") else Response.Write("(NYSE: XON)") end if %>, and General Motors <% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE: GM)") else Response.Write("(NYSE: GM)") end if %>. Details on the purchases are below. Fool on!

ACTION  #   STOCK  PRICE      COMS'N  TOTAL COST
Bought  15    CHV  $82 7/8    $7.95    $1,250.14     
Bought  20     EK  $62 3/4    $7.95    $1,261.95  
Bought  20    XON  $63 15/16  $7.95    $1,286.70
Bought  17     GM  $71 15/16  $7.95    $1,230.89

Reference:

General Motors Snapshot
General Motors Financials
General Motors Historical Performance Chart
General Motors Message Board

 

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