Rule Breaker Portfolio

Innovex

INVX News

On December 1, 1998 the Fool Port (Rule Breaker Port) sold five positions: Innovex, KLA-Tencor and 3Com entirely, and partial positions in Amazon.com and America Online. The trade was done to raise cash for new buys that best match the portfolio's investment strategy. For the full rationale, please see the sell report.

ACTION  #   STOCK  PRICE   COMS'N
Sold   140  AMZN   $203 5/8   $8       
Sold   320  AOL     $89 3/16  $8
Sold   325  INVX    $16 3/16  $8
Sold   130  KLAC    $34       $8
Sold   250  COMS    $43       $8

On June 26th, 1997, the Fool Portfolio purchased 325 shares of Innovex (Nasdaq: INVX) at $27 5/8, for a total cost basis of $27.71 per share including commissions. A graph above will show the stock's performance in relation to the Fool's purchase point. For the full reasoning behind the buy, and subsequent Innovex news and coverage, please see the list-box below.

11/25/98 -- Selling 3Com, Innovex and KLA-Tencor, and minority portions of America Online and Amazon.com
07/22/98 - Innovex Q3
04/21/98 - Innovex Q2
07/14/97 - Innovex Q3 Foolwire
06/26/97 - Buy Announcement

Buy Stats:

On June 26th, 1997, the Fool Portfolio got wired up for its 43rd trade and bought a small-cap industry leader, INNOVEX, INC. (Nasdaq: INVX).

For full rationale behind the purchase, please see the Innovex buy report within the Fool Portfolio's hallowed halls.

ACTION  #  STOCK  PRICE    COMS'N  COST
Bought 325  INVX  $27 5/8  $27.49  $9,005.62