Posted in Former Holdings on Nov 22nd, 2006 No Comments »
SSG and PERT | Google Stocks | Company Website
We sold our position in GYI on August 28, 2007. The price was $31.04. The reason for selling was declining earnings prospects. GYI is facing stiff competition from other sellers of image.
We purchased an initial position in Getty Images on November 22, [...]
Posted in Former Holdings on Nov 21st, 2006 No Comments »
Affiliated Computer Services (ACS)
SSG and PERT A (12-26-2005) | Google “Stocks: ACS” | Company Website
We sold Affiliated Computer Systems on November 11, 2006 at $29.74. We had a long term gain of $13. We originally purchased ACS in November 2003.
Rationale for sale: ACS seems unable to move forward. Click [...]
Posted in Former Holdings on Nov 21st, 2006 No Comments »
SSG and PERT A Graph | Google “stocks: mmc” | Company Website
We sold Marsh & McClennan on November 11 at $32.01. This gave us a long term capital gain of $143.18. We had originally purchased MMC in November 2004.
Rationale for the sale: MMC has not yet recovered from its myriad [...]
Posted in Former Holdings, Stock Transactions on Jun 28th, 2006 Comments Off
Harley-Davidson, Inc. (HDI)
SSG and PERT | Google “Stocks: HDI” |Company Website
We sold Harley Davidson on June 28, 2006. Although a high quality company, HDI is no longer a growth company. Projected average return is under 8%. The proceeds from the sale were invested in other companies in the portfolio with better long [...]
Posted in Former Holdings, Stock Transactions on Jun 28th, 2006 No Comments »
FactSet Research Systems, Inc. (FDS)
SSG and PERT A | Google Stocks | Company Website
We sold Fifth Third Bancorp on June 28, 2006. FITB’s performance has been subpar for some time. It has also had a defection of senior management people. The proceeds from the sale have been redeployed to other [...]
Posted in Former Holdings on Feb 26th, 2006 No Comments »
We sold COH on June 12, 2007.
Posted in Former Holdings on Nov 15th, 2005 No Comments »
SSG and PERT A (11-17-2005) | Google “stocks: oxy” | Company Website
We took an initial position today in OXY (and increased our existing position in Chevron). This is our second energy stock. For an assessment of OXY, see the October 15 report by McDep Associates. OXY has the lowest ratio [...]
Posted in Former Holdings, Stock Transactions on Nov 15th, 2005 No Comments »
O’Reilly Automotive, Inc. (ORLY)
SSG and PERT A (11-08-2005)
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Google “stocks: orly”
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Company Website
Reluctantly, we sold ORLY and redeployed the cash. It has been a good performer but we needed to reduce the number of stocks in the portfolio (moving torward a total of 20 stocks). Although ORLY remains a quality company, the project average return [...]
Posted in Former Holdings, Stock Transactions on Nov 15th, 2005 Comments Off
SSG and PERT A (11-08-2005)
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Google “stocks: lncr”
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Company Website
We sold LNCR today and redeployed the cash. LNCR’s revenue and earnings growth has declined over the past two years. See PERT A graph (above). Lower federal reimbursement for supplemental oxygen has cut into its margins. We used the above stock selection guide in [...]
Posted in Former Holdings, Stock Transactions on Nov 15th, 2005 Comments Off
SSG and PERT A (11-08-2005)
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Google “stocks: fisv”
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Company Website
We sold FISV today and redeployed the cash. FISV has had three quarters of declining revenue and earnings growth. See PERT A graph (above). Also, FISV’s market overlaps with two other portfolio holdings — JKHY and SNV. We used the above stock selection guide [...]