Internet Investing

By Harry Jones

Contrary to what most people think about farmers, most of us operating farms of any scale do use personal computers. I don't. I also don't buy Internet stocks. Or at least I thought I didn't until Ernie (my barber) pointed out -- apparently this is true -- that America Online is now part of the S&P 500 index fund? So I guess I'm an Internet shareholder too, now.

But I'm still not going to use computers, though my friends do.

The Harry Jones Portfolio had a bad day today, losing 0.49%, and the S&P 500 didn't fare much better, dropping 0.21%.

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01/07/99 Close

Stock Change Bid SPY -5/8 126.81
Day Month Year History Annualized HARRY -0.49% -0.64% -0.64% -0.64% -0.14% S&P: -0.21% 3.30% 3.30% 3.30% 0.74% NASDAQ: +0.23% 6.08% 6.08% 6.08% 1.34% Rec'd # Security In At Now Change Yest. 1/4/99 16 S&P Depos 127.63 126.81 -0.64% 127.44 Rec'd # Security In At Value Change 1/4/99 16 S&P Depos 2042.00 2029.00 -$13.00 CASH $0.00 TOTAL $2029.00


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