Boring Portfolio

Boring Portfolio Report
Thursday, May 9, 1996

by Greg Markus (MF Boring)

ANN ARBOR, MI, May 9, 1996 -- Ahh-h-h. This is more like it. The Boring Portfolio recovered today, following two down sessions, and outperformed the S&P 500 and (barely) NASDAQ averages.

Better yet, there was absolutely no news on any Borefolio stocks. None. It's back to being Boring again.

Not only was there no news, there was little detectable motion in the Borefolio to comment upon. Lam Research retreated $1 1/2, on concerns about a soft semiconductor book/bill ratio. (And soft it was, coming in at .78 after the market closed for the day.) More than compensating for Lam's loss were decent gains by Borders (+$ 7/8), Prime Medical (+$ 1/2) and Texas Industries (+ $5/8).

And, uh, that's about .... (Pss-st! MF Czar! How much longer do you need this thing to be tonight? What? Oh, okay.)

Um-m, hi, folks! Well, as I was saying, there's one more item that may amuse you. The Zytec saga added another chapter today, as George Beran, at the St. Paul Pioneer Press (a Knight-Ridder/Tribune paper) offered up his take on what happened to the stock of their neighbor's company over in Eden Prairie.

Mr. Beran informed his readers that "A helping hand from cyberspace seems to account for some of [Zytec's] gyrations. And what has happened to the company over the past two weeks is an example of how the Internet can add volatility to investing."

Since the story has both the words "cyberspace" and "Internet" in it, I wouldn't be surprised to see it picked up by some other local papers. Great.

Anyhow, the story goes on to note how ZTEC "was discovered in late April by an online stock picker, who bought 200 shares for a portfolio appearing on an Internet stock advice bulletin board."

"Greg Markus runs the bulletin board, called the Motley Fool, on America Online. It is also available directly on the World Wide Web portion of the Internet at /"

Interested readers out there (both of you) can find the rest of Beran's story by doing a search in "Today's News" on AOL or by pointing your browser to on the Web. You'll learn all about how Boring rules the market with a click of the mouse.

Oh, Czar -- one last thing. Since apparently Boring now "runs the bulletin board called the Motley Fool," please instruct MF Wings to gas up the company MotleyJet. I wish to be flown to some secluded spot out of the limelight, where I may plot our next market-shaking investments. And let's pick up Morgan Fairchild along the way. She's a close personal friend of mine, you know, and one savvy market gooroo.

Thanks, ever so.

Transmitted: 5/9/96

Today's Numbers


BGP + 7/8 ...GNT --- ...LRCX -1 1/2 ...LCSI --- ...PMSI + 1/2 ...SHAW - 1/4 ...TXI + 5/8 ...

*Scroll down or expand screen for full portfolio accounting

Day Month Year History

BORING +0.40% 0.15% 6.01% 6.01%

S&P 500 +0.10% -1.34% 3.83% 3.83%

NASDAQ +0.39% -0.23% 14.11% 14.11%

Rec'd # Security In At Now Change

3/8/96 400 Prime Medic 10.07 15.38 52.68%

2/28/96 200 Borders Gro 22.51 33.75 49.93%

1/29/96 100 Texas Indus 54.52 61.50 12.79%

2/2/96 200 Green Tree 30.39 32.25 6.13%

4/12/96 300 The Shaw Gr 18.84 18.50 -1.80%

2/23/96 100 Lam Researc 48.02 41.75 -13.06%

3/25/96 200 LCS Industr 26.14 18.00 -31.14%

Rec'd # Security Cost Value Change

2/28/96 200 Borders Gro 4502.49 6750.00 $2247.51

3/8/96 400 Prime Medic 4027.49 6150.00 $2122.51

2/2/96 200 Green Tree 6077.49 6450.00 $372.51

4/12/96 300 The Shaw Gr 5652.49 5550.00 -$102.49

2/23/96 100 Lam Researc 4802.49 4175.00 -$627.49

3/25/96 200 LCS Industr 5227.49 3600.00 -$1627.49

1/29/96 100 Texas Indus 5449.99 6150.00 $700.01

CASH $14179.50

TOTAL $53004.50