Workshop Returns

All stocks were selected on Friday 12/31/99 and were "purchased" at the closing price on Monday 1/3/2000. We will initially track 5 stock versions of all screens on a year-to-date basis. After the first month, five stock strategies will be tracked on the basis of both monthly rebalancing and longer holding periods. Monthly stock selections will be made on the last Friday of the month and "purchased" at the closing price on the next market day, usually a Monday.

Returns assume an even dollar amount invested in each stock. "Cost basis" is the split-adjusted purchase price. "Now" is the closing price as of the date below. Returns do not account for dividends, transaction costs or taxes.

Year-to-date Returns through January 10, 2000

  0.56 S&P Spiders   
 -0.31 RS - 26 Week   
 -1.29 Formula 90   
 -1.29 Keystone 100   
 -1.41 Unemotional Growth   
 -2.37 Nasdaq 100   
 -2.38 Keystone   
 -3.07 Spark   
 -3.65 Keystone EPS   
 -3.79 Plowback   
 -3.87 PEG26   
 -4.39 PEG13   
 -4.56 RS - IBD   
 -5.02 RS - 13 Week   
                                  
 -1.29 Formula 90                Cost Basis    Now  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
-11.12 QCOM Qualcomm Inc.           $179.31  $159.38 
  6.58 JDSU JDS Uniphase            $188.00  $200.38 
 -4.19 SEBL Siebel Systems           $85.00   $81.44 
 -2.01 ORCL Oracle Corp.            $118.13  $115.75 
  4.26 NTAP Network Appliance        $85.00   $88.63 
    
 -2.38 Keystone   
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
  6.58 JDSU JDS Uniphase            $188.00  $200.38 
-11.12 QCOM Qualcomm Inc.           $179.31  $159.38 
 -2.01 ORCL Oracle Corp.            $118.13  $115.75 
- 8.20 YHOO Yahoo! Inc.             $475.00  $436.06 
  2.86 SUNW Sun Microsystems         $76.50   $78.69 
    
 -3.65 Keystone EPS   
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
  6.58 JDSU JDS Uniphase            $188.00  $200.38 
-11.12 QCOM Qualcomm Inc.           $179.31  $159.38 
 -8.20 YHOO Yahoo! Inc.             $475.00  $436.06 
 -2.01 ORCL Oracle Corp.            $118.13  $115.75 
 -3.51 EMC  EMC Corp.               $114.00  $110.00 
    
 -1.29 Keystone 100   
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
  6.58 JDSU JDS Uniphase            $188.00  $200.38 
-11.12 QCOM Qualcomm Inc.           $179.31  $159.38 
 -2.01 ORCL Oracle Corp.            $118.13  $115.75 
  4.26 NTAP Network Appliance        $85.00   $88.63 
 -4.19 SEBL Siebel Systems           $85.00   $81.44 
    
 -4.39 PEG13   
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
 -7.74 WAXS World Access             $19.38   $17.88 
  2.73 IRF  Int'l Rectifier          $25.19   $25.88 
-14.36 TTN  Titan Corp.              $47.00   $40.25 
 -0.22 SYMC Symantec Corp.           $56.88   $56.75 
 -2.36 MCRS MICROS Systems           $64.75   $63.22 
    
 -3.87 PEG26   
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
 -3.05 CY   Cypress Semiconductor    $32.81   $31.81 
  2.73 IRF  Int'l Rectifier          $25.19   $25.88 
 -2.59 CTS  CTS Corp.                $74.75   $72.81 
-14.36 TTN  Titan Corp.              $47.00   $40.25 
 -2.06 MU   Micron Technology        $75.94   $74.38 
    
 -3.79 Plowback   
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
  1.28 VRTS VERITAS Software        $142.00  $143.81 
 -2.01 ORCL Oracle Corp.            $118.13  $115.75 
 -6.11 CMGI CMGI Inc.               $326.44  $306.50 
 -7.82 GTW  Gateway Inc.             $69.56   $64.13 
 -4.31 NOK  Nokia Corp. ADR         $187.00  $178.94 
    
 -4.56 Relative Strength - IBD   
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
-11.12 QCOM Qualcomm Inc.           $179.31  $159.38 
-14.36 TTN  Titan Corp.              $47.00   $40.25 
  6.58 JDSU JDS Uniphase            $188.00  $200.38 
  0.30 HLIT Harmonic Inc.            $92.47   $92.75 
 -4.19 SEBL Siebel Systems           $85.00   $81.44 
    
 -5.02 Relative Strength - 13 Week   
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
-14.36 TTN  Titan Corp.              $47.00   $40.25 
  6.58 JDSU JDS Uniphase            $188.00  $200.38 
-11.12 QCOM Qualcomm Inc.           $179.31  $159.38 
 -4.19 SEBL Siebel Systems           $85.00   $81.44 
 -2.01 ORCL Oracle Corp.            $118.13  $115.75 
    
 -0.31 Relative Strength - 26 Week   
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
  6.58 JDSU JDS Uniphase            $188.00  $200.38 
-14.36 TTN  Titan Corp.              $47.00   $40.25 
-11.12 QCOM Qualcomm Inc.           $179.31  $159.38 
  0.30 HLIT Harmonic Inc.            $92.47   $92.75 
 17.05 CYTC Cytyc Corp.              $59.38   $69.50 
    
 -3.07 Spark                 
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
  1.62 CSCO Cisco Systems           $108.06  $109.81 
  0.65 WMT  Wal-Mart Stores          $66.81   $67.25 
 -1.44 INTC Intel Corp.              $87.00   $85.75 
-13.10 AOL  America Online           $83.00   $72.13 
 -3.07 HD   Home Depot               $65.19   $63.19 
    
 -1.41 Unemotional Growth   
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
-11.12 QCOM Qualcomm Inc.           $179.31  $159.38 
  6.58 JDSU JDS Uniphase            $188.00  $200.38 
 -4.19 SEBL Siebel Systems           $85.00   $81.44 
  4.26 NTAP Network Appliance        $85.00   $88.63 
 -2.59 CTS  CTS Corp.                $74.75   $72.81 
 
  0.56 SPY   Spiders                 145.44  $146.25 
 -2.37 QQQ Nasdaq 100                189.50  $185.00