ALEXANDRIA, VA (Oct. 14, 1998) -- Fools have spoken and their message is loud and clear. Get cooking (with oil) or hit the road.
Last week we asked you to share which industry you'd like the Drip Port to study next. We've tallied the votes on our ACME tally-machine. You voted on the Drip message board as Foollows (that was not a typo):
64 -- Integrated oils
34 -- Utilities
23 -- Telecommunications
16 -- Retailers
6 -- Entertainment
5 -- Capital goods/industrious
5 -- Consumer products
5 -- Technology (general)
5 -- Aerospace, Defense
3 -- Food, beverage
3 -- REITs
3 -- Media
2 -- Pharmaceuticals
2 -- General Electric (sure, it's an industry)
And the following each received one vote:
Gold, metal, mining
Distribution & Gas
Retirement Homes/Assisted Living
Services Industry (general)
There were 186 votes -- an impressive enough number considering that a Fool needed to click to the message board to vote and that takes time and effort, but this still means that the percentage of Drip Port Fools to actually vote was, well, far under 5%. (We missed all of you other Fools! Hey, you could have swayed the results!)
Of the votes, 34% of you are gushing to explore oils, such as Exxon, Chevron and Monet and Picasso. Second place went to utilities with 18% of the vote. You communicated that third place was telecommunications, with Lucent Technologies often mentioned. Fourth, well... you can see above. It was retailers. Beyond that, the number of votes for each category dropped steeply, though many industries were addressed.
Some of the stocks often mentioned by readers were: CSL (a Bore Port holding), JCI, GE, XON, MOB, ENE, HDI, TX, BP, AEP, MPL, ALD, TWX, G, DIS, KO. There are too many tickers, so let's go to names: Duke Power, Chicago Tribune, and Jefe Airlines (which is actually a fictional company that went bankrupt last year after clipping a row of hedges upon attempting take-off from London's Heathrow airport). Other companies include those listed in this following post regarding energy and communication possibilities, which was compiled by Fools on the Web: click me, Fool. And here's another list of companies that Fools suggested. (Some of these DRPs might have fees.)
So, that was the vote and oils won!
To quote Harrison Ford at the end of the film Blade Runner, "I don't know why he let me live," and then to stretch that (it's a long stretch) to relate it to the Drip Port: "I don't know why you all choose oil." But you did. Momentum was behind oil from the beginning, so oil is the industry that we'll be studying next. All of us.
The Drip Port gained exactly 1.0% on this October Wednesday. If we gained 1.0% every day for one year, our $2,000 portfolio would be worth $77,000 by next October. Can it happen? Of course!
Following yesterday's earnings, the Intel (Nasdaq: INTC) conference call replay is available by calling 1-402-220-0880, or simply visit the audio replay at the company's website. The Fool will have the written summary shortly, too. To talk about the earnings now, please visit the Drip Companies or Investments message board, always linked in the top right of this page.
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