FOOL PORTFOLIO REPORT
(FOOL GLOBAL WIRE -- Monday, January 5, 1998)
by Jeff Fischer ([email protected])

ALEXANDRIA, VA (Jan. 5, 1998) -- Foolishness slopped the hot salsa on its bag of chips today, gaining 1.12% while the S&P only gained 0.21%. Nasdaq fed itself a taco, but without salsa, up only 0.80%.

Amazon burned a few points lower, AOL rose just shy of a new all-time high (let's see if it can break it tomorrow), and Innovex continued its recent advance.

Earnings season is just around the corner and Innovex (Nasdaq: INVX) will report during the second week of January. The company recently stated that it was comfortable with estimates of about $0.48 per share. Disk drive component stocks have recently moved higher on a favorable outlook regarding disk drive volume production. While Innovex, remember, doesn't need to worry about price competition between the drive makers.

KLA-Tencor (Nasdaq: KLAC) will also announce earnings during the second week of January. Sixty cents per share is expected -- a 50% advance over last year. Amazon.com (Nasdaq: AMZN) will announce earnings during the third week of January; a loss of $0.44 per share is expected. AT&T (NYSE: T) is expected to announce earnings of $0.71 during the third week of January. This would represent a 7% decline in earnings per share from last year for Ma Bell. Finally, America Online (NYSE: AOL) will announce earnings the first week of February. Seventeen cents per share is expected. Sure, a few other Fool companies will announce earnings in the coming month (Chevron, GM, 3M), but here at Fool HQ interest is waning for these "has-been" Fool Four stocks.

Okay. Today is "catch-up day." ("CUD" tm).

A few mistakes to correct: Recently Tom wrote that AT&T was just shy of its all-time high. It actually had made a new high. And Friday Tom included DuPont (NYSE: DD) as a Fool Four stock rather than Union Carbide (NYSE: UK), which is the actual stock in the Fool Four model beginning January 2. Robert Sheard (TMF Sheard) has gone to great lengths to explain the difference, but please be aware that Tom knows that he used a different stock than the four that are in this year's batch of January 2, Fool Four stocks. In that same vein, today Robert again explains the new Foolish Four approach (new, as in: slightly tweaked). Please give that a read if you have any questions at all. It explains the difference well.

Next up:

Tom and David hit the road tomorrow night for a ten city Foolish book signing tour, beginning in Philadelphia. For details, click here! They hope to meet as many Fools across the country as possible. Bring your camera! (We'll run your photos on the Web.) (Another note: if you're going to see Tom and David, also bring Swiss cheese. They love the stuff.)

Last up:

Last Thursday the Fool announced that it was buying Spiders, or S&P Depositary Receipts (AMEX: SPY). We will be buying those this week, but instead of buying $22,000 worth of the eight-legged Spiders, we're buying $11,000 worth, alongside $11,000 worth of a new stock that we think can beat the S&P. (The Spiders are bought to keep cash in the market at all times, when we don't have someplace else to put the money.) So, nothing has changed with the Spider purchase: it will take place in the next three days, as per the rule. But it will be fewer shares, and alongside the Spiders we're now buying another stock. Rather than ruin the surprise, click here for the new buy report.

Have a Foolish evening!

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Today's FoolWatch: all the latest in Fooldom.

TODAY'S NUMBERS

Stock  Change    Bid 
 ---------------- 
 AMZN  -1 3/4   57.00 
 AOL   +1 1/2   91.13 
 T     +  5/8   59.38 
 CHV   -2 1/4   75.69 
 DJT   +  1/16  7.25 
 GM    -  7/16  60.56 
 INVX  +  7/8   24.13 
 IOM   +  7/8   13.25 
 KLAC  +2 3/8   42.75 
 LU    +2 11/16 82.50 
 MMM   -  1/8   83.38 
 RTN.A -  3/4   50.19 
 COMS  -  5/8   35.31 
  
 
 
   
                   Day   Month    Year  History 
         FOOL     +1.12%   0.65%   0.65% 237.80% 
         S&P:     +0.21%   0.68%   0.68% 113.15% 
         NASDAQ:  +0.80%   1.51%   1.51% 121.35% 
  
  
     Rec'd    #  Security     In At       Now    Change 
    8/5/94   355 AmOnline       7.27     91.13  1152.94% 
   5/17/95  1960 Iomega Cor     1.28     13.25   934.83% 
   10/1/96    42 LucentTech    47.62     82.50    73.26% 
   8/11/95   125 Chevron       50.28     75.69    50.52% 
   8/12/96   130 AT&T          39.58     59.38    50.02% 
    9/9/97   290 Amazon.com    38.22     57.00    49.13% 
   8/12/96   110 Minn M&M      65.68     83.38    26.95% 
   8/12/96   280 Gen'l Moto    51.97     60.56    16.53% 
   4/30/97 -1170 *Trump*        8.47      7.25    14.39% 
   8/24/95   130 KLA-Tencor    44.71     42.75    -4.39% 
  12/19/97    17 Raytheon      53.21     50.19    -5.68% 
   6/26/97   325 Innovex       27.71     24.13   -12.94% 
   8/13/96   250 3Com Corp.    46.86     35.31   -24.65% 
  
     Rec'd    #  Security     In At     Value    Change 
    8/5/94   355 AmOnline    2581.87  32349.38 $29767.51 
   5/17/95  1960 Iomega Cor  2509.60  25970.00 $23460.40 
    9/9/97   290 Amazon.com 11084.24  16530.00  $5445.76 
   8/11/95   125 Chevron     6285.61   9460.94  $3175.33 
   8/12/96   130 AT&T        5145.11   7718.75  $2573.64 
   8/12/96   280 Gen'l Moto 14552.49  16957.50  $2405.01 
   8/12/96   110 Minn M&M    7224.44   9171.25  $1946.81 
   10/1/96    42 LucentTech  1999.88   3465.00  $1465.12 
   4/30/97 -1170*Trump*     -9908.50  -8482.50  $1426.00 
  12/19/97    17 Raytheon     904.57    853.19   -$51.38 
   8/24/95   130 KLA-Tencor  5812.49   5557.50  -$254.99 
   6/26/97   325 Innovex     9005.62   7840.63 -$1165.00 
   8/13/96   250 3Com Corp. 11715.99   8828.13 -$2887.87 
  
                               CASH  $32678.33 
                              TOTAL $168898.08