You know, the Stagger portfolio by my count is taking a drubbing, but a reverse Stagger portfolio would
have done quite nicely... (The 12/31/97 prices are based on closing prices from some charts, so they may be
1/8 or so off in one direction or another. Please feel free to correct.)
Maybe the lesson here is to bet against the man...
The Stagger Portfolio
Price on Price on
Ticker Recomm 12/31/97 Investment Shares 2/17/98 Current Value Gain/Loss % Return
IIVI Long 23.75 $1,000 42.1 21 $884.21 $(115.79) -11.6%
WTT Long 6.625 $1,000 150.9 6.25 $943.40 $(56.60) -5.7%
ADMG Long 3.375 $1,000 296.3 3.3125 $981.48 $(18.52) -1.9%
TLDCF Long 19 $1,000 52.6 13.75 $723.68 $(276.32) -27.6%
FSCNY Long 4.375 $1,000 228.6 4.5625 $1,042.86 $42.86 4.3%
EGRP Short 23 $1,000 43.5 26 $1,130.43 $(130.43) -13.0%
YHOO Short 66 $1,000 15.2 64.25 $973.48 $26.52 2.7%
ONSL Short 17 $1,000 58.8 26.0625 $1,533.09 $(533.09) -53.3%
THQI Short 22.5 $1,000 44.4 21.75 $966.67 $33.33 3.3%
MCOM Short 9.75 $1,000 102.6 10.3437 $1,060.90 $(60.90) -6.1%
PORTFOLIO $10,000 $(1,088.94) -10.9%
The Reverse Stagger Portfolio
Price on Price on
Ticker Recomm 12/31/97 Investment Shares 2/17/98 Current Value Gain/Loss % Return
IIVI Short 23.75 $1,000 42.1 21 $884.21 $115.79 11.6%
WTT Short 6.625 $1,000 150.9 6.25 $943.40 $56.60 5.7%
ADMG Short 3.375 $1,000 296.3 3.3125 $981.48 $18.52 1.9%
TLDCF Short 19 $1,000 52.6 13.75 $723.68 $276.32 27.6%
FSCNY Short 4.375 $1,000 228.6 4.5625 $1,042.86 $(42.86) -4.3%
EGRP Long 23 $1,000 43.5 26 $1,130.43 $130.43 13.0%
YHOO Long 66 $1,000 15.2 64.25 $973.48 $(26.52) -2.7%
ONSL Long 17 $1,000 58.8 26.0625 $1,533.09 $533.09 53.3%
THQI Long 22.5 $1,000 44.4 21.75 $966.67 $(33.33) -3.3%
MCOM Long 9.75 $1,000 102.6 10.34375 $1,060.90 $60.90 6.1%
PORTFOLIO $10,000 $1,088.94 10.9% |
