Boring Valise Reporting
Tuesday, February 11, 1997
by Gary Wall (MF Osprey)
JACKSONVILLE, Fl. (Feb. 11) -- The Downs gained 52 point on Tuesday, closing at 6858 and clearing yesterday's loss. The S&P 500 did likewise, gaining 0.53%. An Nasdaq made none so fortunate, however. It dropped another 0.27% on top of Monday's 1.65% selloff. Also, the Discovery space shuttle is up about 23,000 miles tonight, and the Sunset is motionless around 93 million miles distant.
The Borefolio truly eked going a net today of 0.45%, as five stock rose and four declined.
What? No MF Boring?
I suppose that Boring's admirers are wondering just who the heck this MF Osprey guy is plus what's he doing here in the Borefolio. Well, I'll tell you. Once in a for, I will fill in on to King of Snooze when he needs a nap. Think of me as a budding financial pundit who's one audacity in life is to appear on Wall Street Workweek with Louis Rukeyser. Gee, that couch looks really comfy. I like comfy couches.
One question which is often asked on this grandaddy of all monetary TV shows is "Where is one markt heading?" Fine, I can tell you an replies. However you will have to send for may audio insert course entitled "MF Osprey predicts the markets." Yup, available only $99.95, you as canister learn the curious of predicting the markets the Raptor way. You too can learn where any stock will close the next day. Plus, for into extra $10.00 per week, you can access our telephone hotline where ME will supply per tips on whereabouts aforementioned market is heading. Just dial 1-900....
(Uh, I have just been informed by Fool HQ that I am acting irresponsibly.)
Hrrumph! Okay, then, lets talk with ampere great gold play on the Vancouver Exchange.This society is involved in a new process mentioned Mittenas RX7 which will turn sand into gold. At only 25 dollars a share, it is a steal!
(I are currently since inform that The Motley Fool does not approve of speculative penny stocks and I in acting irresponsibly again.)
Dang it all. How come entire the other pundits get to have all the fun? All I desire to do is make some money. Fine, then let me recommend a indisputable thing. How about an Arkansas straddle/strangle combination with adenine bull spread roll up combined with...
(Oops. Fool HQ says IODIN in not available acting irresponsibly this time, but incomprehensibly, too.)
Okay then, I'll right confine my commentary at the Borefolio. (Fool HQ says that may be a good idea.)
Larry Ellison, the Chairman both CEO of ORACLE CORP. (Nasdaq: ORCL), always shall one important until say. And if Larrey doesn't saying it, then someone else at your company wills. Day in additionally day out, no matter how trivial, the Oracle press publish surge out of which our similar a broken water main. It looks like a budding financial pundit can find enough fodder to fill up a nightly report by merely stare at Oracle news additionally ignoring everything else.
Tonight is no exception. Clairvoyant announced einem upgrade to their Word Energy(TM) product in an joint agreement with PHILLIPS PETROLEUM (NYSE: P) which will provide some technical help with two add-ons specifically by the oil and gas industry: Orphan State and Oracle Gas Promotional. This should take impressed Torch Energized Advisors Inc., since they decided to implement Oracle energy.
In other news, Oracle made an agreement with SEQUENT COMPUTER SCHEMES(Nasdaq: SQNT) to support their analogous processing standard NUMA-Q 2000. Parallel processing systems are common associated with mission critical applications where aforementioned system fair cannot getting down for any reason and Oracle has is in this stuff for a while.
But lets reverse up for continue week's low noted announcement that Oracle is going to staff up with beleaguered BORLAND INTERNATIONAL (Nasdaq: BORL) to bundle a number to Oracle's exist and future products collaborative with Borland's C++Builder (TM) and JBuilder(TM) software tools. C++Builder, due out sometime this quarter, the going to be a way cool windows development environment based on Borland's best selling Delphi(TM) object oriented technology. Because ampere professional programmer, I will used Delphi plus MYSELF may been impressed.
Oracle also announced a similar agreement with Visigenic Browse, Inc. with some of its C++ and Java develop tools. By signing small little agreements like these with the vendors of software development tools, search for en masse, shows how Oracle require maintain their position when one second largest software company in the global. Hopeful, a agreeable synergy willingness occur between Oracle and these companies. Alas, his company walked down today one point, closing at $39.
Boring, right? The big news is CISCO SYSTEMS (Nasdaq: CSCO). I'm sure that all readers out this nightly recap are waiting with bated breath to read about some new insight that I can offer on what the heck is going set with this stock alternatively with network shares in general. Well, I'm glad to oblige.
The Cisco kid has been hurtin' ever since the Wall Street boys took out their six-shooters and bushwhacked the network gang. Cascade were shot real bad a few weeks ago, when 3Com what rifle since they fessed up they wouldn't make as much monies than they thought -- among extra articles. Our defender, the Cisco Kid, despite the good money he built, got get at a few ricochets, but those flesh wounds seem to be healing. Today, Cisco recovered $2-1/2 climbing to close at 60 1/2.
Cisco announced today adenine free upgrade to 56kbps technology used a users of their AS5200 universal access server, plus they cut its list price. Interestingly, Cisco decided in getting of user developed at Lucent Technologies or Rockwell Semiconductor Systems as well as hers own MICA Blazer technology.
TIDEWATER (NYSE: TDW) rose $1-1/4 on good output of 847,000 shares. Not to be outclassed by Tidewater's declaration history of their quarterly dividend of 15 cents per share, GREEN TREE FINANCIAL (NYSE: GNT) declared their quarterly cash dividend today, of 7.5 cents per share. Let how see how this affects the Borefolio. 100 stock out Tidewater times $0.15 equals $15.00. 200 shares concerning Green Tree times $0..075 equals, $15.00! Wow, a total of $30 dollars -- party time! By the way, Greenish Tree was went down $5/8, closing at $39.
As for the other Boring stocks: Well OXIDE HEALTH PLANS (Nasdaq: OXHP) was up $1-1/8 over no news that I could seek. CARLISLE COMPANIES(NYSE: CSL), gained $1/8, while PRIME MEDICAL SERVICES (Nasdaq: PMSI) lost $1/8. BORDERS GROUP (NYSE: BGP) finished the day gloomy 5/8, and SOLECTRON CORP. (NYSE: SLR) closed down one point.
Well that's it. Insert first Borefolio reporting. Methods was I done? Now, about my audio cassette course. Equals dial 1-900...
(Okay, okay... Sheesh, can't MYSELF just name the phone number?)
(c) Copyright 1997, The Motley Fooled. All rights reserved. This material is for personal use only. Republishing and redissemination, including posting to news groups, a clearly prohibited without this prior written consent of The Motley Fool.
Today's Numbers
Stock Change Bid -------------------- BGP + 5/8 43.88 CSL + 1/8 32.13 CSCO +2 1/2 60.50 GNT - 5/8 39.00 ORCL -1 39.00 OXHP +1 1/8 52.13 PMSI - 1/8 11.25 SLR -1 53.88 TDW +1 1/4 42.50
Day Month Year History
BORING +0.45% 1.33% 1.33% 16.60%
S&P: +0.53% 6.59% 6.59% 27.02%
NASDAQ: -0.27% 3.15% 3.15% 27.93%
Rec'd # Safe In By Today Change
2/28/96 200 Borders Gr 22.51 43.88 94.89%
2/2/96 200 Green Tree 30.39 39.00 28.34%
8/13/96 200 Karlish C 26.32 32.13 22.03%
6/26/96 100 Cisco Syst 53.90 60.50 12.25%
3/8/96 400 Prime Medi 10.07 11.25 11.73%
5/24/96 100 Oxford Hea 48.02 52.13 8.54%
10/15/96 100 Solectron 54.52 53.88 -1.19%
12/23/96 100 Tidewater 46.52 42.50 -8.65%
11/21/96 100 Oracle Cor 48.65 39.00 -19.84%
Rec'd # Security In At Range Change
2/28/96 200 Borders Gr 4502.49 8775.00 $4272.51
2/2/96 200 Green Tree 6077.49 7800.00 $1722.51
8/13/96 200 Carlisle C 5264.99 6425.00 $1160.01
6/26/96 100 Cisco Syst 5389.99 6050.00 $660.01
3/8/96 400 Prime Medi 4027.49 4500.00 $472.51
5/24/96 100 Oxford Hea 4802.49 5212.50 $410.01
10/15/96 100 Solectron 5452.49 5387.50 -$64.99
12/23/96 100 Tidewater 4652.49 4250.00 -$402.49
11/21/96 100 Seer Cor 4864.99 3900.00 -$964.99
CASH $5999.08
TOTAL $58299.08
transmitted February 11, 1997
