The Pike Investment Group




OINK! - The PIG Newsletter

Editor: Irving Crowley
Circulation: 0
Contributing articles are welcome
Vol. 1, Issue 1 March 1, 2000
Oink! Debut With this issue Oink! begins by appealing for contributory articles - all original, investment-relevant articles are welcome. The article may be a notice, a paragraph, or several pages. E-mail the article to me; I'll try to include it. -Ed.
Tentative Colonial BancGroup Stock Purchase Although most of our members would like to see some stock purchases in sectors other than techology, some analysts are suggesting that now is not the time to purchase regional bank stocks. Bank stocks, apparently, are adversely affected by prime rate increases (or the threat of increases). Also, the CNB SSG report suggests that management is not doing all that it can to keep its profits up - both pre-tax profit on sales and earnings on equity are down. For these reasons, Irving did not purchase the Colonial BancGroup stock. Note: the shareprice is continuing to fall. -Ed.
PIG Portfolio Demonstrating Unprecidented Growth Since Nov. 1, 1999 our portfolio has grown 82%. The primary reasons are divestiture of 3 non-productive stocks and remarkable appreciation in 3 tech stocks. By the close of trading on Friday 2/25/00, Oracle had gained $9, Atmel had gained $4 and Lucent had gained $3 - all in one day, and despite a loss of 230 points in the Dow Industrial stock average and a loss of 27 points in the NASDAQ. Whether we are prepared for it or not, tech stocks are the booming sector. I wouldn't be surprised if all three of these stocks were to split again this year or next. -Ed.
TheStreet.com Offers Fundamental Analysis Tutorial TheStreet.com offers a 5-part fundamental analysis tutorial by Andrew Greta. His series, dealing with balance sheets and income statements, is written in easy-to- understand language with analogies to common, every-day experiences. I've contacted TheStreet.com for permission to reproduce the tutorial on our web site. See the section dealing with fundamental analysis on the PIG home page for a link to this tutorial. -Ed.
Classified Ad Solicits PIG Partners Irving has placed a classified advertisement on PC Net ISP soliciting prospective partners for the PIG. The ad states our monthly contribution requirement and referrs respondents to our web site. We need to increase our membership in order to make more frequent stock purchases. -Ed.
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