Workshop Returns -- Annual Strategies

All stocks were selected on Friday 12/31/99 and were "purchased" at the closing price on Monday 1/3/2000. Both 5 stock and 10 stock returns are shown. The first return is the average of the first five stocks listed; the second return is for all 10 stocks.

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 February 22, 2000

Annual Reinvest/Rebalance
 5 stock/10 stock
 25.85  25.34 Formula 90
 25.85   6.80 Keystone 100  
 22.48   5.56 Unemotional Growth  
  9.27  31.37 Relative Strength - IBD  
  6.87  23.85 Relative Strength - 26 Week  
  5.01  13.32 PEG13  
     4.22     Nasdaq 100 Index Trust   
  3.06   1.64 PEG26  
  2.82  21.40 Relative Strength - 13 Week  
 -4.79  -5.25 Plowback  
 -6.55   1.56 Keystone  
    -7.20     S&P500 Trust (Spider)    
 -9.25   1.56 Keystone EPS  
 -9.57  -4.58 Spark   
     
 25.85  25.34 Formula 90           Cost Basis    Now
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
-27.19  QCOM  Qualcomm Inc.           $179.31  $130.56 
 14.23  JDSU  JDS Uniphase            $188.00  $214.75 
 43.38  SEBL  Siebel Systems           $85.00  $121.88 
  0.42  ORCL  Oracle Corp.             $59.06   $59.31 
 98.38  NTAP  Network Appliance        $85.00  $168.63 
106.54  PMCS  PMC-Sierra               $79.38  $163.94 
-16.39  CTS   CTS Corp.                $74.75   $62.50 
 15.03  SUNW  Sun Microsystems         $76.50   $88.00 
 13.08  SYMC  Symantec Corp.           $56.88   $64.31 
  5.88  NOK   Nokia Corp. ADR         $187.00  $198.00 
     
 -6.55   1.56 Keystone  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
 14.23  JDSU  JDS Uniphase            $188.00  $214.75 
-27.19  QCOM  Qualcomm Inc.           $179.31  $130.56 
  0.42  ORCL  Oracle Corp.             $59.06   $59.31 
-35.24  YHOO  Yahoo! Inc.             $237.50  $153.81 
 15.03  SUNW  Sun Microsystems         $76.50   $88.00 
  1.54  EMC   EMC Corp.               $114.00  $115.75 
  8.18  AMGN  Amgen                    $62.40   $67.50 
 41.34  AMAT  Applied Materials       $126.50  $178.80 
 14.69  CSCO  Cisco Systems           $108.06  $123.94 
-17.45  HD    Home Depot               $65.19   $53.81 
     
 -9.25   1.56 Keystone EPS  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
 14.23  JDSU  JDS Uniphase            $188.00  $214.75 
-27.19  QCOM  Qualcomm Inc.           $179.31  $130.56 
-35.24  YHOO  Yahoo! Inc.             $237.50  $153.81 
  0.42  ORCL  Oracle Corp.             $59.06   $59.31 
  1.54  EMC   EMC Corp.               $114.00  $115.75 
 41.34  AMAT  Applied Materials       $126.50  $178.80 
 15.03  SUNW  Sun Microsystems         $76.50   $88.00 
  8.18  AMGN  Amgen                    $62.40   $67.50 
-17.45  HD    Home Depot               $65.19   $53.81 
 14.69  CSCO  Cisco Systems           $108.06  $123.94 
     
 25.85   6.80 Keystone 100  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
 14.23  JDSU  JDS Uniphase            $188.00  $214.75 
-27.19  QCOM  Qualcomm Inc.           $179.31  $130.56 
  0.42  ORCL  Oracle Corp.             $59.06   $59.31 
 98.38  NTAP  Network Appliance        $85.00  $168.63 
 43.38  SEBL  Siebel Systems           $85.00  $121.88 
-35.24  YHOO  Yahoo! Inc.             $237.50  $153.81 
-35.82  CMGI  CMGI Inc.               $163.22  $104.75 
 12.57  NT    Nortel Networks         $100.94  $113.63 
-17.79  GTW   Gateway Inc.             $69.56   $57.19 
 15.03  SUNW  Sun Microsystems         $76.50   $88.00 
     
  5.01  13.32 PEG13  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
  2.58  WAXS  World Access             $19.38   $19.88 
 42.93  IRF   Int'l Rectifier          $25.19   $36.00 
-16.76  TTN   Titan Corp.              $47.00   $39.13 
 13.08  SYMC  Symantec Corp.           $56.88   $64.31 
-16.80  MCRS  MICROS Systems           $64.75   $53.88 
 29.14  ADCT  ADC Telecom.             $36.25   $46.81 
  5.88  NOK   Nokia Corp. ADR         $187.00  $198.00 
 25.05  TECH  Techne Corp.             $58.13   $72.69 
 12.57  NT    Nortel Networks         $100.94  $113.63 
 35.54  PEB   PE Biosystems Group      $58.66   $79.50 
     
  3.06   1.64 PEG26  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
 20.57  CY    Cypress Semiconductor    $32.81   $39.56 
 42.93  IRF   Int'l Rectifier          $25.19   $36.00 
-16.39  CTS   CTS Corp.                $74.75   $62.50 
-16.76  TTN   Titan Corp.              $47.00   $39.13 
-15.06  MU    Micron Technology        $75.94   $64.50 
-17.79  GTW   Gateway Inc.             $69.56   $57.19 
 -1.11  CHIR  Chiron Corp.             $45.00   $44.50 
  5.88  NOK   Nokia Corp. ADR         $187.00  $198.00 
  1.54  EMC   EMC Corp.               $114.00  $115.75 
 12.57  NT    Nortel Networks         $100.94  $113.63 
     
 -4.79  -5.25 Plowback  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
 21.08  VRTS  VERITAS Software        $142.00  $171.94 
  0.42  ORCL  Oracle Corp.             $59.06   $59.31 
-35.82  CMGI  CMGI Inc.               $163.22  $104.75 
-17.79  GTW   Gateway Inc.             $69.56   $57.19 
  8.18  AMGN  Amgen                    $62.40   $67.50 
  5.88  NOK   Nokia Corp. ADR         $187.00  $198.00 
-21.74  DELL  Dell Computer            $50.88   $39.81 
 22.70  INTC  Intel Corp.              $87.00  $106.75 
-19.52  MSFT  Microsoft Corp.         $116.56   $93.81 
-15.86  CL    Colgate-Palmolive        $62.25   $52.38 
     
  9.27  31.37 Relative Strength - IBD  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
-27.19  QCOM  Qualcomm Inc.           $179.31  $130.56 
-16.76  TTN   Titan Corp.              $47.00   $39.13 
 14.23  JDSU  JDS Uniphase            $188.00  $214.75 
 32.68  HLIT  Harmonic Inc.            $92.47  $122.69 
 43.38  SEBL  Siebel Systems           $85.00  $121.88 
  0.42  ORCL  Oracle Corp.             $59.06   $59.31 
 28.05  IDTI  Integrated Device        $28.41   $36.38 
 98.38  NTAP  Network Appliance        $85.00  $168.63 
106.54  PMCS  PMC-Sierra               $79.38  $163.94 
 33.91  IDPH  IDEC Pharmac.            $93.25  $124.88 
     
  2.82  21.40 Relative Strength - 13 Week  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
-16.76  TTN   Titan Corp.              $47.00   $39.13 
 14.23  JDSU  JDS Uniphase            $188.00  $214.75 
-27.19  QCOM  Qualcomm Inc.           $179.31  $130.56 
 43.38  SEBL  Siebel Systems           $85.00  $121.88 
  0.42  ORCL  Oracle Corp.             $59.06   $59.31 
 98.38  NTAP  Network Appliance        $85.00  $168.63 
 90.26  IMNX  Immunex Corp.           $102.00  $194.06 
-35.24  YHOO  Yahoo! Inc.             $237.50  $153.81 
 33.91  IDPH  IDEC Pharmac.            $93.25  $124.88 
 12.57  NT    Nortel Networks         $100.94  $113.63 
     
  6.87  23.85 Relative Strength - 26 Week  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
 14.23  JDSU  JDS Uniphase            $188.00  $214.75 
-16.76  TTN   Titan Corp.              $47.00   $39.13 
-27.19  QCOM  Qualcomm Inc.           $179.31  $130.56 
 32.68  HLIT  Harmonic Inc.            $92.47  $122.69 
 31.37  CYTC  Cytyc Corp.              $29.69   $39.00 
  0.42  ORCL  Oracle Corp.             $59.06   $59.31 
 98.38  NTAP  Network Appliance        $85.00  $168.63 
 43.38  SEBL  Siebel Systems           $85.00  $121.88 
 28.05  IDTI  Integrated Device        $28.41   $36.38 
 33.91  IDPH  IDEC Pharmac.            $93.25  $124.88 
     
 -9.57  -4.58 Spark   
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
 14.69  CSCO  Cisco Systems           $108.06  $123.94 
-27.88  WMT   Wal-Mart Stores          $66.81   $48.19 
 22.70  INTC  Intel Corp.              $87.00  $106.75 
-39.91  AOL   America Online           $83.00   $49.88 
-17.45  HD    Home Depot               $65.19   $53.81 
 12.57  NT    Nortel Networks         $100.94  $113.63 
-21.74  DELL  Dell Computer            $50.88   $39.81 
  1.54  EMC   EMC Corp.               $114.00  $115.75 
-35.24  YHOO  Yahoo! Inc.             $237.50  $153.81 
 44.89  TXN   Texas Instruments       $102.84  $149.00 
     
 22.48   5.56 Unemotional Growth  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
-27.19  QCOM  Qualcomm Inc.           $179.31  $130.56 
 14.23  JDSU  JDS Uniphase            $188.00  $214.75 
 43.38  SEBL  Siebel Systems           $85.00  $121.88 
 98.38  NTAP  Network Appliance        $85.00  $168.63 
-16.39  CTS   CTS Corp.                $74.75   $62.50 
-14.89  CDWC  CDW Computer Ctrs        $69.03   $58.75 
-14.67  TLAB  Tellabs Inc.             $65.63   $56.00 
-48.30  AEOS  Amer. Eagle Out.         $44.00   $22.75 
-33.21  TIF   Tiffany & Co.            $84.94   $56.73 
 54.21  JMED  Jones Pharma             $44.50   $68.63 
     
 -7.20  SPY   S&P500 Trust (Spider)   $145.44  $134.97 
  4.22  QQQ   Nasdaq 100 Index Trust  $189.50  $197.50