Rule Maker Sells Foolish Four
On January 5, 2000
Today, the Rule Maker Portfolio sold the entirety of its positions in Exxon (NYSE: XON), General Motors (NYSE: GM), Chevron (NYSE: CHV), Eastman Kodak (NYSE: EK) and Delphi Automotive Systems (NYSE: DPH), a spin-off from GM. For some time, January has been the time that we determined we would rotate out of our current Fool Four holdings. But this year, we will not rotate into a new set of Foolish Four stocks. Rather, we will use the proceeds to purchase one or two new Rule Makers, to be determined over the coming month. See the January 3 Rule Maker report for the full rationale of this decision.
ACTION # STOCK PRICE COMS'N PROCEEDS
Sold 15 CHV $86 5/16 $14.95 $1279.74
Sold 11 DPH $14 11/16 $14.95 $146.61
Sold 20 EK $61 7/8 $14.95 $1222.55
Sold 17 GM $71 11/16 $14.95 $1203.74
Sold 20 XOM $80 7/16 $14.95 $1593.80