The GSIC Portfolio

Starting out, back in 1997, the GSIC had very limited funds, not to mention experience, so we bought 3 stocks using our new Datek account. Our first three stocks were HealthSouth (HRC), Calaway Golf (ELY) and Wireless Telecom (WTT). Lets just say we have learned a lot since then.

Now we have a portfolio of 14 stocks, and we are moving to a strategy of increasing our holdings in these stocks, verses our strategy for the last few years which was building a solid portfolio. Here are our current holdings.

Last Updated 7/19/00 with closing prices of 7/19/00

Ticker Company Name Shares Held Average Buy Price Current Price Percent Change Current Value CMGI CMGI Inc. 48 28.22 43.125 51% 2,070.00 HD Home Depot 45 24.83 57.125 128% 2,570.62 NOK Nokia 87 15.64 53.125 232% 4,621.88 DELL Dell Computer 32 30.56 51.375 65% 1,644.00 WMT Walmart 20 43.00 60.00 38% 1,200.00 T AT&T 10 42.19 34.125 21% 341.25 PFE Pfizer Inc. 10 36.88 46.44 23% 464.38 CSCO Cisco 28 52.14 66.81 26% 1,870.75 IBM IBM 12 93.38 108.75 14% 1,305.00 CPQ Compaq Computer 78 29.32 27.50 6% 2,145.00 LLY Eli Lilly 6 87 98.75 11% 592.50 SCH Charles Schwad 30 31.33 36.38 15% 1,091.25 PGO Petroleum Geo-Services 24 30.38 18.06 41% 433.00 PSFT Peoplesoft 7 33.00 22.06 36% 154.44 AOL America Online 7 62.00 59.38 6% 415.62 ARBA Ariba 7 71.00 125.56 73% 878.94 MSFT Microsoft 10 65.00 73.13 11% 731.25 Total 45% 22,530.38