Date updated:09-27-2008
Portfolio is 60% stock, 25% mutual, balance cash. Recent adds include EWZ, PBR, and AUY Looking to buy more PBR and WMB. 9/29 increased MA position by 10%

-
CHK
Chesapeake Energy - $26.50
- -8.37%
- $26.80
Bought at $64, $66, and $47. Nat gas looks better than oil over next year.

-
GE
Gen Electric Co - $21.38
- -0.88%
- $20.54
This has been a loser over the long haul but added to position at $30 and $29 recently. Fundamentals look good, think shares will reach $40 over next 9 months

-
VZ
Verizon Commun - $29.96
- -4.10%
- $30.59
Like dividend, cost above present value. Ultimate winner in FIOS but the marketing is expensive.

-
DLB
Dolby Laboratorie - $31.35
- -3.06%
- $31.64
Recent earnings call looked good. DLB is more involved with licensing than manufacturing, positive outlook on digital movie projection.

-
MA
Mastercard Inc - $167.41
- +4.50%
- $151.16
Initial bought at $168, sold a few shares, bought again at $208. Stock recently lost "mo" but don't see any need to panic and sell all. Added 10% to position at $184

-
MO
Altria Group Inc - $19.33
- -4.73%
- $19.93
Held after split of PMI. Good dividend.Sold position 9/28, increase cash

-
PM
Philip Morris Int - $46.12
- 0.00%
- $N/A
Held after split for future growth prospects in rest of world. A lot of cigarette smokers in China. A filthy habit and bad for health, but good for bottom line. Sold 9/28, increase cash

-
CSCO
Cisco Sys Inc - $20.46
- -3.72%
- $20.37
Cramer don't like tech now, but although I have reduced amount I am long, the stock should look better by end of year or in 12 months
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