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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jul 25, 2004
Page
3
Reader from Shelby questions reverse stock splits and their usefulness. Example shows price rises per share while total value stays constant, often used to avoid delisting. Allentown reader defines defensive stocks as essential goods and services less affected by recessions. Fool Radio urges listeners to call NPR and submit questions.
The text urges April focus on taxes with 2004 guidance on dividend taxes and long term gains at 15 percent, plus boosted 401k style contribution limits up to 13000 and catch up 3000 for 50 plus. It mentions deductions and credits and adviser help, then shifts to a trivia about a spice company founder Kinane and a prize drawing.
A reader recalls buying 10 shares of Muntz TV in 1966 on a rush to profit, later abandoning stocks after a bust, and clinging to the share certificate as a keepsake. The Fool counsels diversification via index funds, inviting readers to share 100 word lessons or success stories for potential publication.
The Motley Fool notes Outback Steakhouse and Lone Star face lower profit outlooks due to high beef, dairy, and produce costs, plus sluggish sales and higher labor costs. Upscale chains like Smith & Wollensky and Capital Grille have fared better, while overall optimism about red meat chains remains. The piece questions whether a long term trend toward steak is ending, urging watchers to track consumer tastes and prices.
A debate grows over preschool computer use as parents scholars weigh benefits and risks. Experts urge balance and supervision while noting potential gains in hand eye skills, yet warn early exposure may sidetrack development and social interaction.
Independent pizzerias print ads on delivery boxes promoting products from satellite TV to cosmetics. Distributors shave box costs, sometimes making boxes free, as stores gain a cheap platform while banners stay in kitchens, fridges, and trash bins. Ads target hard-to-reach male consumers, with campaigns lasting four weeks and requiring 100000 boxes.
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