<THE RULE BREAKER PORTFOLIO>

Numb
Time for a vacation

by David Gardner

ALEXANDRIA, VA (April 1, 1999) -- We are very, very sorry.

If you took the time to read our open letter to the Fool Community this morning, you know that today was a special day for all of us at Fool HQ...

...but to have wound up foisting on the viewing public a failed IPO in our first-ever effort at investment banking is extremely humiliating -- to the point that I almost don't have the heart to write tonight. If you saw Tom and me on CNBC or CNNfn this morning, or tuned into fool.com AT ALL today, by now you know of eMeringue and our earnest efforts to get rich (possibly eventually extending the riches to you) by bringing this "dot com" company to the public markets. As our hourly updates demonstrate, The Motley Fool's reputation probably lies in tatters as I write, and we will certainly never go into investment banking again.

So I must simply face the facts and offer my humble apologies to anyone who lost money on this embarrassing venture, and ask that you have a heart and find some small corner of it for the Fool, tonight. At 6:15 p.m., Tom and I issued a statement about the day's happenings. (Scroll to the bottom for the statement.)

Anyone who is looking for more on the eMeringue IPO story will find a follow-up tomorrow and a complete package this Monday. (Tomorrow is Good Friday, a market holiday before Easter Sunday. We are heading for the hills this weekend.)

With so much focus on this big day for The Motley Fool, I barely checked our portfolio all day long. I'm told the BreakerPort (whatever) started April by rising a percent, which is basically what the Nasdaq did. Both beat the S&P. Whatever.

Our StockTalk is with eBay -- if any of that still matters. Click here to read it.

See you next Monday.

Folly forever!

-- David Gardner, April 1, 1999

[PLEASE NOTE: This column refers to the Fool's 1999 April Fools gag. The Fool didn't bring another company public for real. Not yet, anyway! Fool on.]

What's up with Harry Jones today?

04/01/99 Close

Stock  Change    Bid 
---------------- 
AMZN  -1 3/16 171.00
AMGN  +2       76.88
AOL   +4      150.25
ATHM  -2 7/8  154.63
DJT   -  1/16   3.94
CHV   -1 5/8   86.81
CAT   +1       46.94
DD    +  5/16  58.56
GT    +2 1/16  51.88
IOM   -  1/16   5.06
SBUX  +1 9/16  29.63
TDFX  +  3/4    13.25
EBAY  +1 5/16 138.63
 
                   Day   Month    Year  History  Annualized 
      R-BREAKER  +1.15%   1.15%  60.76% 1513.60%  81.76%
        S&P:     +0.57%   0.57%   5.57%  195.78%   26.24%
        NASDAQ:  +1.28%   1.28%  13.71%  246.21%   30.58%

    Rec'd    #  Security     In At       Now      Change
   8/5/94  2200 AmOnline       0.91    150.25   16431.88%
   9/9/97  1320 Amazon.com     6.58    171.00    2499.08%
  5/17/95  1960 Iomega Cor     1.28      5.06     295.38%
  12/4/98   450 @Home Corp    56.08    154.63     175.72%
 12/16/98   580 Amgen         42.88     76.88      79.30%
  4/30/97 -1170*Trump*         8.47      3.94      53.51%
  2/26/99   300 eBay         100.53    138.63      37.90%
  2/23/99   180 Chevron       79.17     86.81       9.65%
  2/23/99   290 Goodyear T    48.72     51.88       6.49%
   7/2/98   470 Starbucks     27.95     29.63       5.98%
  2/23/99   300 Caterpilla    46.96     46.94      -0.06%
  2/20/98   260 DuPont        58.84     58.56      -0.48%
   1/8/98   425 3Dfx          25.67     13.25     -48.38%

    Rec'd    #  Security     In At     Value      Change
   8/5/94  2200 AmOnline    1999.47 330550.00  $328550.53
   9/9/97  1320 Amazon.com  8684.60 225720.00  $217035.40
  12/4/98   450 @Home Corp 25236.13  69581.25   $44345.12
 12/16/98   580 Amgen      24867.50  44587.50   $19720.00
  2/26/99   300 eBay       30158.00  41587.50   $11429.50
  5/17/95  1960 Iomega Cor  2509.60   9922.50    $7412.90
  4/30/97 -1170*Trump*     -9908.50  -4606.88    $5301.63
  2/23/99   180 Chevron    14250.50  15626.25    $1375.75
  2/23/99   290 Goodyear T 14127.38  15043.75     $916.38
   7/2/98   470 Starbucks  13138.63  13923.75     $785.13
  2/23/99   300 Caterpilla 14089.25  14081.25      -$8.00
  2/20/98   260 DuPont     15299.43  15226.25     -$73.18
   1/8/98   425 3Dfx       10908.63   5631.25   -$5277.38

                              CASH   $9924.87
                             TOTAL $806799.25

Note: The Rule Breaker Portfolio was launched on August 5, 1994, with $50,000. Additional cash is never added, all transactions are shared and explained publicly before being made, and returns are compared daily to the S&P 500 (including dividends in the yearly, historic and annualized returns). For a history of all transactions, please click here.

</THE RULE BREAKER PORTFOLIO>

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