EagleTed
05-05-2003, 09:19 AM
The BeatDown Port has been updated. Two Tech Stocks have been "sold". CSCO and SUNW were sold and the quarterly dividend has been added, along with cash from the two sales. SUNW was sold at a loss of $200.85 (515 shares @ 4.21 cost sold for 3.82). CSCO was sold at a profit of $500.80 (160 shares @ 12.50 cost sold for 15.63). The quarterly dividended equaled $163.21. Minus taxes and brokerage fees (20%, $10 per trade) the total cash now in the fake account is $4,518.68 awaiting a decision on where to invest it. This move out of tech stocks is due to my general aversion to tech stocks, however, the Port still has IBM, and ADP (really a service company).
Since it's conception, the BeatDown Port has outperformed the S&P 500. The Port is up 4.2% while the S&P is down .35%.
Since it's conception, the BeatDown Port has outperformed the S&P 500. The Port is up 4.2% while the S&P is down .35%.