The Week in Review -- November 26, 1999

The Markets
  11/19 Close 11/26 Close Change %Change
DJIA 11,003.89 10,988.91 -14.98 -0.14
S&P 500 1,421.49 1,416.62 -4.87 -0.34
Nasdaq 3,369.25 3,447.82 +78.57 +2.33

Top News Stories of the Week

Thanks, Giving
by Jerry Thomas (TMF Cheeze)

Greetings, Fools.

Okay. Thanksgiving weekend. A national observance and all that. A moment in the calendar we set aside for orgies of turkey, televised sports, and (if you're doing it right) contemplation. This is an interesting sort of holiday -- one where we stop to consider the many ways in which we are lucky. (Did you notice the jester's cap Snoopy in the Macy's Parade?) I don't care how badly things might be going for you (and these are good times, so most of us, I'm sure, are doing well), there is nobody who is suffering so badly that there is nothing for which to be thankful. For some of us, that may only be a memory of better times, or a hope for better things to come. But that's a measure of bounty right there. Contemplate it. Consider what you have.

Thankfulness was on the minds of many of our Fool writers this week. Bill Mann (TMF Otter), in Wednesday's Fool on the Hill, expressed thanks for his George Foreman Grilling Machine. Jeff Fischer (TMF Jeff), in Wednesday's Drip Report, brought the spirit to a personal level, listing many of the reasons he has to be thankful in his own life. Ethan Haskel (TMF Cormend), in Wednesday's Foolish Four report, even gave his secret family Apple Crisp recipe � and found in it a lesson in Foolish investing. Where else will you find such a thing but in Fooldom?

Hey, in Fooldom, you can go crazy with the holiday stuff: check out our Thanksgiving Special, where Fool staff tell you the stocks they're thankful for while Selena Maranjian (TMF Selena) tells you how to handle the turkeys in your portfolio.

You can take this holiday's spirit of thankfulness with you when you read about The Motley Fool 1999 Charity Drive. In the past two years our Foolanthropic efforts have raised over $300,000 for worthy causes. This year we asked you to help us select the objects of our charity, and the organizations chosen this year range from the Make-A-Wish Foundation, which makes dreams come true for children with life-threatening illnesses, to the Grameen Foundation USA, which makes business loans to people living in poverty, lifting them to self-sufficiency. Call me a Fool, but it strikes me that that idea is in keeping with both the spirit of Thanksgiving and of Folly.

Ask me to list the things I'm thankful for, and among them you might hear me mention the day some 19 months ago when I sold the last of my shares in Iomega (NYSE: IOM) for $7 apiece. Whoa, dodged that bullet. (The depth of my analysis went something like: gee, I'd sure like to buy a car. Now, where am I going to get the money for it?) Despite my abandonment, the company is still among the most closely followed in Fooldom, and some believe there is hope that the struggling drive maker might revive. That makes it a prime subject for this week's Dueling Fools feature, with Rick Munarriz (TMF Edible) and Paul Larson (TMF Parlay) taking opposite sides on the issue.

Perhaps it is a bit too obvious to say so on this Thanksgiving weekend, but there really is a bounty of features for you to explore over the next couple of days. One item I found especially informative is Tuesday's Rule Maker by Rob Landley (TMF Oak), which examines the battle between Microsoft and the upstart Linux open-source operating system. And you can take steps to ensure that you will continue to experience bounty in the future (specifically, next April 15) by studying our Year-End Tax Planning Guide. Fool Roy Lewis (TMF Taxes) has some great tips to help you cut your 1999 tax bill before time runs out on December 31st.

Just to recap: I've titled this week's column, "Thanks, Giving." In case you missed it, the giving part is up there in the fourth paragraph, where I ask you to take part in our annual Fool charity drive. Take a moment, write a check, make a difference.

The thankful part comes from me, thanking you for spending time with this column every week. I just might have the single best job at this company, and a great audience like you makes that possible.

Have a good holiday, Fools.

Until next week,
Fool on!


Any questions or comments about this new product? Send them on to us at

Not enough links for ya? Then try FoolWatch for a comprehensive listing of new features.

Want more Notes? Check out the Notes Archive.


Get a Broker
Open an IRA
File Your Taxes
Get a Mortgage
Refinance Your Mortgage