Workshop Portfolio

<FOOLISH WORKSHOP>

Bits & Bytes      

by Jim Stevens (JimStevens@aol.com)

Burlington, VT (April 29, 1999) -- Well, it's the end of the month again and time to tune into the Bits & Bytes portfolio. Since January 7, 1999, we've tracked a group of high tech large cap "stocks everybody has to own" highfliers. Not a diversified portfolio to say the least, but sometimes in stocks it can pay to be a slave to fashion.

For new readers, the Bits & Bytes Port is selected by using the ValueLine Investment Survey for Windows. We take all the companies they list as Software, Semiconductors, Telecommunications Equipment, Computers & Peripherals, or Internet stocks. From that list of high tech names, we sort by market capitalization. The top 15 stocks make up the Workshop Bits & Bytes portfolio.

Below is how a hypothetical Bits and Bytes portfolio selected on December 31, 1999, is doing as of the April 28, 1999, market close.

Yahoo! Inc. (Nasdaq: YHOO)         46.45%
America Online (NYSE: AOL)         84.37%
Sun Microsystems (Nasdaq: SUNW)    43.50%
EMC Corp. (NYSE: EMC)              29.71%
Oracle Corp. (Nasdaq: ORCL)        -5.00%
Int'l Business Mach. (NYSE: IBM)   11.19%
Intel Corp. (Nasdaq: INTC)          3.22%
Dell Computer (Nasdaq: DELL)       13.75%
Cisco Systems (Nasdaq: CSCO)       20.40%
Compaq Computer (NYSE: CPQ)       -43.60%
Texas Instruments (NYSE: TXN)      30.66%
Lucent Technologies (NYSE: LU)     10.40%
Microsoft Corp. (Nasdaq: MSFT)     18.43%
Motorola Inc. (NYSE: MOT)          27.12%
Hewlett-Packard (NYSE: HWP)        16.10%

Top 5                             39.81%
Top 10                            20.40%
Average gain/loss (all 15)        20.45%
Since our last update we've seen what I've heard called "sector rotation" out of these stocks, then a rotation back to them -- and now the sector solar system seems to be rotating again. Go figure. Overall they still seem to be holding their own. Some of these companies have made so many boastful investors profit that any downturns seem just bound to draw in new money.

Here is the Bits & Bytes screen as run on the latest Value Line data. Again, it's hard not to notice how stable the list remains, it's the exact same 15 companies as it was four months ago. The stocks are listed in decreasing order of 26-week total return:

America Online        433.64%
Yahoo! Inc.           192.07%
Sun Microsystems      123.21%
Cisco Systems          87.31%
Texas Instruments      84.16%
EMC Corp.              81.71%
Motorola  Inc.         64.49%
Microsoft Corp.        54.08%
Lucent Technologies    49.81%
Dell Computer          35.02%
Intel Corp.            34.34%
Oracle Corp.           33.41%
Hewlett-Packard        32.28%
Int'l Business Mach.   20.79%
Compaq Computer       -14.44%

The always-mentioned word of caution is this: the Bits & Bytes is not a backtested screen, and it's heavily weighted with volatile stocks. Make sure you understand the risks and do your own independent examination of the companies before committing any real money.

Fool on!


Check out the latest file updates for the Workshop:

New Rankings | Workshop Returns


Workshop Portfolio


9/28/01 as of ~5:30:00 PM EDT

Ticker Company Price
Change
Daily Price
% Change
Price
AETAETNA INC NEW0.943.36%28.94
BABOEING CO(1.04)(3.02%)33.36
CATCATERPILLAR INC1.112.53%44.91
COGCABOT OIL & GAS 'A'0.693.59%19.90
DDDU PONT (EI) DE NEMOURS0.992.74%37.14
DGXQUEST DIAGNOSTICS(0.45)(0.73%)61.42
EKEASTMAN KODAK0.421.31%32.49
GMGENERAL MOTORS1.393.38%42.55
LHLABORATORY CORP AMER HLDG(NEW)1.141.42%81.21
MOPHILIP MORRIS COS(0.76)(1.55%)48.24
NEWPNEWPORT CORP0.261.90%13.97
NVRNVR INC(0.54)(0.38%)140.41
PKXPOHANG IRON & STEEL ADS1.097.51%15.61
PVNPROVIDIAN FINANCIAL1.075.64%20.04
QCOMQUALCOMM INC(0.40)(0.84%)47.16
RJRRJ REYNOLDS TOBACCO HLDGS(0.69)(1.19%)57.31
SLESARA LEE CORPUnchg.Unchg.21.09
UNFIUNITED NATURAL FOODS0.563.18%18.15
WMIWASTE MANAGEMENT(0.01)(0.04%)26.74

Overall Return -- total % Gained (Lost)
  Day Week Month Year
To Date
Since
Inception
(12/24/1998)
Workshop1.30%7.32%(12.02%)(20.66%)(18.91%)
Comparable S&P 500n/an/an/an/a(19.07%)
S&P 500 (DA)1.95%7.48%(8.33%)(21.22%)(14.88%)
NASDAQ2.02%4.71%(17.46%)(39.68%)(31.41%)
DJIA (DA)1.68%7.07%(11.07%)(17.86%)(2.22%)

Internal Rate of Return -- Annualized Rate of % Gained (Lost)
  Since Inception (12/24/1998)
Workshop(17.62%)
vs. S&P 500(17.63%)

Trade Date # Shares Ticker Cost/Share Price Total % Ret
1/8/0126MO40.9448.2417.82%
1/8/0122RJR50.1057.3114.39%
1/8/0167UNFI16.4518.1510.34%
12/24/9824CAT43.0844.914.24%
1/8/018NVR136.63140.412.77%
1/8/0140WMI27.4426.74(2.54%)
1/8/0150SLE22.5421.09(6.42%)
1/8/0161PKX17.8315.61(12.46%)
1/8/0115DD48.8337.14(23.95%)
1/8/0129AET38.1728.94(24.19%)
1/8/0139COG28.7519.90(30.79%)
1/8/0114QCOM75.5447.16(37.57%)
1/8/018LH134.6981.21(39.70%)
12/27/9918GM73.2642.55(41.92%)
1/8/0118BA59.5333.36(43.96%)
1/8/019DGX114.4961.42(46.35%)
12/27/9920EK65.0932.49(50.08%)
1/8/0120PVN55.5020.04(63.89%)
1/8/0115NEWP74.9613.97(81.36%)

Trade Date # Shares Ticker Total Cost Current Value Total Gain
1/8/0126MO$1,064.50$1,254.24$189.74
1/8/0122RJR$1,102.25$1,260.82$158.57
1/8/0167UNFI$1,102.12$1,216.05$113.93
12/24/9824CAT$1,034.00$1,077.84$43.84
1/8/018NVR$1,093.00$1,123.28$30.28
1/8/0140WMI$1,097.50$1,069.60($27.90)
1/8/0150SLE$1,126.88$1,054.50($72.38)
1/8/0161PKX$1,087.75$952.21($135.54)
1/8/0115DD$732.50$557.10($175.40)
1/8/0129AET$1,107.00$839.26($267.74)
1/8/0139COG$1,121.37$776.10($345.28)
1/8/0114QCOM$1,057.62$660.24($397.39)
1/8/018LH$1,077.50$649.68($427.82)
1/8/0118BA$1,071.50$600.48($471.02)
1/8/019DGX$1,030.44$552.78($477.66)
12/27/9918GM$1,318.62$765.90($552.73)
12/27/9920EK$1,301.75$649.80($651.95)
1/8/0120PVN$1,110.00$400.80($709.20)
1/8/0115NEWP$1,124.37$209.55($914.83)
 
Cash: 
Total: 
$10.80
$15,681.03
 

Key
• S&P 500 (DA) = dividend adjusted. Dividends have been added to the total return of the index.
• DJIA (DA) = dividend adjusted. Dividends have been added to the total return of the DJIA.

Note
Note: The Workshop Portfolio was launched on December 24, 1998, with $4,000 which was invested in the Foolish Four strategy. Approximately $15,000 was added on January 8, 2001, to support five additional mechanical strategies. At that time approximately $1000 was transfered out of the Foolish Four strategy to bring the Foolish Four into balance with the other strategies. (That's why the Foolish Four's overall return is not consistent with stock values.) Such rebalancing will take place each year among the strategies so that each will start out with approximately the same value at the begining of the year. No more cash additions are planned. The first four tables above show the overall performance of the portfolio. Below that we also track the performance of each component strategy. All transactions are announced publicly before being made, and returns are compared daily to the S&P 500 and the Dow. (Dividends are included in the yearly, historic and annualized returns.) Stocks are chosen using strategies developed by the Workshop community.