Printer Friendly
The Free Library
14,715,988 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Paper tiger.


Investment newsletter "Wall Streetwise street·wise  
adj.
Having the shrewd awareness, experience, and resourcefulness needed for survival in a difficult, often dangerous urban environment.
" edges out the S&P 500

The portfolio. North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures


Area, 52,586 sq mi (136,198 sq km). Pop.
 is a world away from Manhattan, but Wall Streetwise (800-419-1318), an investment newsletter based in Durham, North Carolina Durham is a city in the U.S. state of North Carolina. It is the county seat of Durham CountyGR6 and is the fourth-largest city in the state by population. , seemed to have a good reading of the stock exchange's pulse. Thanks to a standout performance by MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device.

(2) (Microwave Communications Inc.
 Worldcom, which had a 52-week high of nearly $70, Wall Streetwise Editor Chris Wilson saw his portfolio race off to an 18% gain for the year vs. 15% for the Standard & Poor's 500. Although the remaining stocks in the portfolio didn't quite shine as brightly as MCI Worldcom, they did more than hold their own, particularly healthcare company Omnicare, which posted a 10.5% rise for the year.

The outlook. Wilson says he's happy to stick with his hand during the year to come with one exception--Ballantyne, an Omaha, Nebraska “Omaha” redirects here. For other uses, see Omaha (disambiguation).
Omaha is the largest city in the State of Nebraska, United States. It is the county seat of Douglas County.GR6 As of the 2000 census, the city had a population of 390,007.
, maker of motion picture and photographic equipment. The company is a bit too heavily dependent on Mexico and Asia for continued growth for Wilson's peace of mind. Instead, he recommends switching into shares of Quintiles Quintiles Transnational Corp. is a contract research organization which serves the pharmaceutical, biotechnology and healthcare industries. History
Quintiles was founded in 1982 by Dennis Gillings and as of 2007 it has 18,000 employees.
 (Nasdaq: QTRN), a company that conducts clinical trials and test markets new drugs for the pharmaceutical industry. The company is slated to break the $1 billion annual sales mark, Wilson says, and should provide steady growth over the years to come.
                                          Current        Price at
Stock (Exchange: Symbol)                 Price(*)     Recommendation

MCI Worldcom (Nasdaq:WCOM)              $50.94           $30.25
Ballantyne of Omaha (NYSE: BTN)           7.06(**)        10.25
Omnicare (NYSE: OCR)                     31.44            28.44
Robert Half International (NYSE: RHI)    41.00            39.00
State Street (NYSE: STT)                 61.56            57.81
Portfolio Average

                                                      Current Value
                                           Total        of $1,000
Stock (Exchange: Symbol)                  Return        Investment

MCI Worldcom (Nasdaq:WCOM)                 68.4%          $1,684
Ballantyne of Omaha (NYSE: BTN)           -31.1              689
Omnicare (NYSE: OCR)                       10.5            1,105
Robert Half International (NYSE: RHI)       5.1            1,051
State Street (NYSE: STT)                    6.5            1,065
Portfolio Average                          11.9%           5,594

                                        Est. 5-Year
                                          Annual
Stock (Exchange: Symbol)                EPS Growth

MCI Worldcom (Nasdaq:WCOM)                   30.5%
Ballantyne of Omaha (NYSE: BTN)              18.5
Omnicare (NYSE: OCR)                         28.8
Robert Half International (NYSE: RHI)        27.3
State Street (NYSE: STT)                     15.2
Portfolio Average


(*) As of 11/3/98.

(**) Price reflects 3-for2 stack split.

EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format.  growth rates Growth Rates

The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures.

Notes:
Remember, historically high growth rates don't always mean a high rate of growth looking into the future.
 from Zacks Investment Research Zacks Investment Research

A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms.
.
COPYRIGHT 1999 Earl G. Graves Publishing Co., Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Black Enterprise
Date:Jan 1, 1999
Words:382
Previous Article:The future of computer monitors.(flat panel displays)(Brief Article)(Buyers Guide)
Next Article:Carver's in for a fight.(Carver Bancorp Inc.)(Brief Article)(Buyers Guide)



Related Articles
Wagging the paper tiger.
COUNCIL KEEPS LIMIT ON CAMPAIGN DONATIONS.(News)
U.S. TO START RATTLING TRADE SABER\Administration plans new office to enforce international pacts.(BUSINESS)
Calling all writers. (Publishing).
Senate Commerce Committee to set quick hearing on Hal Stratton.
Spoon, Kill The Moonlight.(Sound Recording Review)
Ending the myth of unilateralism.(Insider Report)
Work & Peace In Academe: Leveraging Time, Money, and Intellectual Energy Through Managing Conflict.
End of a paper trail.(General News)(Desk-pilers and mess-makers have a chance to clean up for a charitable cause)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles