Boring Portfolio Texas Industries, Inc.

NYSE: TXI
1341 W. Mockingbird Ln., Ste. 700W
Dallas, TX 75247-6913
Ph: 972-647-6700
Fx: 972-647-3312

The Boring Portfolio purchased 100 shares of Texas Industries (NYSE:TXI) at an average price of $54.53 on January 29, 1996.

News

10/24/96 - Sell Report
10/24/96 - Buy Report

Sell Numbers

The nineteenth and twentieth Boring trades were made on October 25, 1996. The Borefolio sold 100 shares of Texas Industries (NYSE: TXI) at $57 1/4 per share, and 100 shares of S&P Depository Receipts (AMEX: SPY) at $70 7/32 per share.

ACTION #  STOCK PRICE    COMS'N  COST      GAIN
Sold  100 TXI   $57 1/4  $27.49  $5449.99  $247.52
Sold  100 SPY   $70 7/32 $27.49  $6414.99  $579.39

Percentage gains: 4.54% on TXI, 9.03% on SPY.

Buy Numbers

On Monday, January 29, 1996, the Boring Portfolio made its first two purchases: Kulicke and Soffa (NASDAQ: KLIC) and Texas Industries (NYSE: TXI). KLIC makes equipment used in the fabrication of semiconductors, and TXI is in the Boring businesses of concrete and steel. Both orders were executed in the morning by K. Aufhauser & Co. KLIC was bought for $23 3/4, and TXI cost $54 1/4 per share.

ACTION #  STOCK   PRICE    COMS'N  COST BASIS
Buy   200   KLIC  $23 3/4  $27.49  $4774.99
Buy   100   TXI   $54 1/4  $27.49  $5449.99