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Saturday, 07/24/2004

DRIP Portfolio - A Weekly Progress Report
By Nich Sheldon

Below you will see each DRIP Recommendation listed by: date picked, picked price, current price, and the hypothetical gain/loss on each recommendation. Each week, I will update these numbers so we can get a clear picture of our progress (if any).

Editor's Note -
While short-term investors may have been hit with heavy loses over the past couple weeks, we have the opportunity to do two things. One, be happy that our money isn't invested in call options, meaning that come options expiration week we aren't going to be crying over huge loses. And two, realize that now that stocks have traveled lower on poor Q2 earnings, we have the opportunity to make our monthly/quarterly payments at a lower premium. This means that you can buy more shares of your DRIP's for the same price as you usually pay to your Agent.

With that in mind, it might be your best bet to try and make your usual payments in the next couple weeks, so that you too can be fortunate enough to buy shares at a lower cost. For instance, last week it cost 50.58 to buy a single share of Coca-Cola (KO). Hypothetically speaking, if your monthly payment to Coca-Cola was $100, and you paid this last week, then you would own one share, and 7/8ths of the next share. Now that Coca-Cola is at 45.17 (Friday's Close), if you were to make your monthly payment of $100 this week you would own 2 full shares and a fraction of a third share - ultimately meaning that your original $100 payment bought you more ownership for the same price.

This information may not be so insightful to the experienced DRIP Investor, but sometimes it is important to be vague for those less informed/newer readers that are just getting started in Dividend Reinvestment Plans. I hope this helps. See you next week, Nich Sheldon

DRIP Recommendations

	 Date	  Pick   Prices	 Gain/Loss  Percent	
Tick	Picked	  Price Jul-23rd            Change
XEL	06/06/03  15.20	 16.56	   1.36	      9%
LMT	06/20/03  48.63	 53.22	   4.59	      9%
BAC	06/27/03  79.61	 84.86 	   5.25	      7%
MRK	07/11/03  61.44	 45.16	 -16.28	    -26%
JCP	08/22/03  19.88	 37.94	  18.06	     91%
HD	08/29/03  32.16	 33.00	   0.84	      3%
CEG	09/05/03  37.62	 37.84	   0.22       1%
KO	09/12/03  43.99	 45.17	   1.18	      3%
XOM	09/26/03  36.78	 45.32	   8.54	     23%
PAYX	10/03/03  35.73	 30.13	  -5.60	    -16%
CAT	10/12/03  75.75	 73.22	  -2.53	     -3%
PX	10/31/03  34.79	 38.64	   3.85	     11%
ZION	11/07/03  63.12	 60.25	  -2.87	     -5%
BDK	11/14/03  45.81	 67.21	  21.40	     47%
*NOC	11/21/03  46.63	 53.29	   6.66	     14%
NKE	11/28/03  67.25	 70.27	   3.02	      4%
EL	12/05/03  40.86	 44.25	   3.39	      8%
PEP	12/19/03  47.17	 50.87	   3.70	      8%
NDSN	01/08/04  36.30	 40.81	   4.51	     12%
WTNY	01/16/04  41.52	 41.01	  -0.51	     -1%
BOL	01/30/04  53.75	 58.95	   5.20	     10%
SJM	02/06/04  46.73	 43.21	  -3.52	     -8%
DOW	02/13/04  43.29	 38.58	  -4.71	    -11%
FLO	02/25/04  26.60	 25.90	  -0.70	     -3%
JP	03/05/04  54.66	 47.05	  -7.61	    -14%
FO	03/12/04  71.30	 72.05	   0.75	      1%
MAS	03/19/04  29.82	 30.81	   0.99	      3%
WMI	04/02/04  30.45	 28.48	  -1.97	     -6%
HAN	04/08/04  39.61	 34.95	  -4.66	    -12%
ITT	04/23/04  78.82	 77.38	  -1.44	     -2%
FMBI	04/23/04  34.25	 33.37	  -0.88	     -3%
BDX	05/08/04  50.45	 46.50	  -3.95	     -8%
SC	06/04/04  43.87	 43.14	  -0.73	     -2%
JH	06/10/04  30.78	 27.66	  -3.12	    -10%
AVB	06/18/04  55.85	 56.88	   1.03	      2%
EQT	06/29/04  51.00	 50.55    -0.45	     -1%
SU	07/07/04  25.79	 26.93	   1.14	      4%
PBCT	07/16/04  30.93	 30.07	  -0.86	     -3%






		
		 Average Average  Average   Percent 
		 Cost	 Price	  Change    Change

TOTALS		  44.95	 45.83	   0.88	      4%







**Pick Price Reflects 2:1 Stock Split, which 
occured in June.



Suggested Drops

	 Date	  Pick   Prices	 Gain/Loss  Percent Drop	
Tick	Picked	  Price  May-14th	    Change  Date

TXU	06/13/03  21.90	 35.11	 13.21	     60%   05/14/04
UTX	07/03/03  71.44	 83.25	 11.81	     17%   05/14/04
MCD	07/18/03  21.39	 26.17	  4.78	     22%   05/14/04
INTC	07/25/03  24.91	 27.01	  2.10	      8%   05/14/04
WMT	08/01/03  55.27	 55.06   -0.21	      0%   05/14/04
RWT	08/08/03  39.80	 51.10*	 11.30	     28%   04/16/04
IBM	09/17/03  90.63	 86.41	 -4.22	     -5%   05/14/04
SCH	10/17/03  13.59	  9.69	 -3.90	    -29%   05/14/04
VZ	10/24/03  33.24	 36.36    3.12	      9%   05/14/04
LOW	12/12/03  55.05	 50.58	 -4.47	     -8%   05/14/04
TAXI	01/02/04   9.25	  7.91	 -1.34	    -14%   05/14/04
								
		 Average Average  Average   Percent 
		 Cost	 Price	  Change    Change				

TOTALS		 39.68	 42.60	  2.93	      8%	

* Price as of market close on April 16th, 2004		










 
 

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