Workshop Returns -- Semi-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 October 23, 2000

Semi-annual Reinvest/Rebalance   
5 stock/10 stock      
100.13  36.97 PEG26  
 46.19  55.06 Formula 90            
 40.22  21.73 Relative Strength - 13 Week  
 32.70  -1.67 Keystone 100  
 21.84  29.13 PEG13  
 17.77  -0.37 Unemotional Growth  
  2.64  63.64 Relative Strength - IBD  
    -3.37     S&P500 Trust (Spider)    
 -7.10   2.42 Plowback  
 -8.48  -9.00 Keystone EPS  
    -9.04     Nasdaq 100 Index Trust   
 -9.97  -3.70 Spark   
-12.24  -9.00 Keystone  
-21.59  22.43 Relative Strength - 26 Week  
     
 46.19  55.06 Formula 90 return YTD Cost Basis 
  5.29  18.64 Return since rebalance   7/3/00    Now
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
 12.90  SDLI  SDL Inc.                $294.00  $331.94 
 41.41  NEWP  Newport Corp.           $112.44  $159.00 
 33.41  SEBL  Siebel Systems           $82.31  $109.81 
-15.33  TECH  Techne Corp.            $148.00  $125.31 
-45.97  ADCT  ADC Telecom.             $41.88   $22.63 
-21.06  JDSU  JDS Uniphase            $128.19  $101.19 
 69.51  NTAP  Network Appliance        $82.81  $140.38 
 72.19  ITWO  i2 Technologies         $103.00  $177.36 
 18.18  PMCS  PMC-Sierra              $178.13  $210.50 
 21.14  PLXS  Plexus Corp.             $59.13   $71.63 
     
-12.24  -9.00 Keystone return YTD  
 -8.17 -14.56 Return since rebalance  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
-45.97  ADCT  ADC Telecom.             $41.88   $22.63 
-59.76  MU    Micron Technology        $90.25   $36.31 
 10.91  GLW   Corning Inc.             $91.46  $101.44 
 33.41  SEBL  Siebel Systems           $82.31  $109.81 
 20.59  ENE   Enron Corp.              $68.00   $82.00 
-36.71  INTC  Intel Corp.              $68.44   $43.31 
-15.04  ORCL  Oracle Corp.             $40.09   $34.06 
-21.06  JDSU  JDS Uniphase            $128.19  $101.19 
-42.27  AMAT  Applied Materials        $92.56   $53.44 
 10.28  MER   Merrill Lynch & Co.      $57.75   $63.69 
     
 -8.48  -9.00 Keystone EPS return YTD  
 -7.55 -14.56 Return since rebalance  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
-45.97  ADCT  ADC Telecom.             $41.88   $22.63 
 33.41  SEBL  Siebel Systems           $82.31  $109.81 
 10.91  GLW   Corning Inc.             $91.46  $101.44 
-21.06  JDSU  JDS Uniphase            $128.19  $101.19 
-15.04  ORCL  Oracle Corp.             $40.09   $34.06 
-59.76  MU    Micron Technology        $90.25   $36.31 
 10.28  MER   Merrill Lynch & Co.      $57.75   $63.69 
 20.59  ENE   Enron Corp.              $68.00   $82.00 
-36.71  INTC  Intel Corp.              $68.44   $43.31 
-42.27  AMAT  Applied Materials        $92.56   $53.44 
     
 32.70  -1.67 Keystone 100 return YTD  
 -4.43 -12.38 Return since rebalance  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
-41.77  RMBS  Rambus Inc.             $109.69   $63.88 
-48.07  AMD   Advanced Micro Dev.      $42.13   $21.88 
 66.23  CIEN  Ciena Corp.              $85.50  $142.13 
-11.45  SFA   Scientific Atlanta       $75.31   $66.69 
 12.90  SDLI  SDL Inc.                $294.00  $331.94 
 18.18  PMCS  PMC-Sierra              $178.13  $210.50 
-45.97  ADCT  ADC Telecom.             $41.88   $22.63 
-59.76  MU    Micron Technology        $90.25   $36.31 
 10.91  GLW   Corning Inc.             $91.46  $101.44 
-24.96  ALTR  Altera Corp.             $52.72   $39.56 
     
 21.84  29.13 PEG13 return YTD  
 19.50  -5.52 Return since rebalance  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
 62.07  CMX   Caremark RX               $7.25   $11.75 
 -6.91  AZR   Aztar Corp.              $15.38   $14.31 
-20.52  RWY   Rent Way Inc.            $28.94   $23.00 
 34.32  DGX   Quest Diagnostics        $74.13   $99.56 
 28.54  CAH   Cardinal Health          $73.81   $94.88 
-32.76  NSIT  Insight Enterprises      $38.67   $26.00 
-53.65  ADAC  ADAC Labs.               $24.81   $11.50 
-13.94  CDWC  CDW Computer Ctrs        $66.38   $57.13 
-45.97  ADCT  ADC Telecom.             $41.88   $22.63 
 -6.36  ALA   Alcatel ADR              $65.81   $61.63 
     
100.13  36.97 PEG26 return YTD  
 31.51   1.81 Return since rebalance  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
-28.59  VSH   Vishay Intertechnology   $39.56   $28.25 
  8.18  OCA   Orthodontic Centers      $23.69   $25.63 
-12.29  IRF   Int'l Rectifier          $59.00   $51.75 
 34.32  DGX   Quest Diagnostics        $74.13   $99.56 
155.93  IMPH  IMPATH Inc.              $27.16   $69.50 
-53.65  ADAC  ADAC Labs.               $24.81   $11.50 
 -3.40  ALO   ALPHARMA Inc.            $60.69   $58.63 
-45.97  ADCT  ADC Telecom.             $41.88   $22.63 
-24.96  ALTR  Altera Corp.             $52.72   $39.56 
-11.45  SFA   Scientific Atlanta       $75.31   $66.69 
     
 -7.10   2.42 Plowback return YTD  
 -2.28   1.87 Return since rebalance  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
 18.18  PMCS  PMC-Sierra              $178.13  $210.50 
-15.04  ORCL  Oracle Corp.             $40.09   $34.06 
 -4.85  PFE   Pfizer, Inc.             $47.69   $45.38 
  0.27  RTRSY Reuters ADR             $108.63  $108.92 
 -9.94  LLY   Lilly (Eli)              $98.75   $88.94 
 42.02  VRTS  VERITAS Software        $110.81  $157.38 
-12.32  Q     Qwest Communic.          $51.75   $45.38 
 -8.24  MWD   Morgan S. Dean Witter    $85.00   $78.00 
  5.08  SGP   Schering-Plough          $50.44   $53.00 
  3.56  AMGN  Amgen                    $68.50   $70.94 
     
  2.64  63.64 Relative Strength - IBD return YTD  
  6.13  18.25 Return since rebalance  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
 12.90  SDLI  SDL Inc.                $294.00  $331.94 
 41.41  NEWP  Newport Corp.           $112.44  $159.00 
-41.77  RMBS  Rambus Inc.             $109.69   $63.88 
 33.41  SEBL  Siebel Systems           $82.31  $109.81 
-15.33  TECH  Techne Corp.            $148.00  $125.31 
 77.25  BEAS  BEA Systems              $48.63   $86.19 
-45.97  ADCT  ADC Telecom.             $41.88   $22.63 
-21.06  JDSU  JDS Uniphase            $128.19  $101.19 
 69.51  NTAP  Network Appliance        $82.81  $140.38 
 72.19  ITWO  i2 Technologies         $103.00  $177.36 
     
 40.22  21.73 Relative Strength - 13 Week return YTD  
 18.25  -4.07 Return since rebalance  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
 41.41  NEWP  Newport Corp.           $112.44  $159.00 
-15.33  TECH  Techne Corp.            $148.00  $125.31 
 34.32  DGX   Quest Diagnostics        $74.13   $99.56 
 44.79  LH    Laboratory Corp.         $78.00  $112.94 
-13.94  CDWC  CDW Computer Ctrs        $66.38   $57.13 
-32.76  NSIT  Insight Enterprises      $38.67   $26.00 
-42.65  LMS   Lamson & Sessions        $17.00    $9.75 
-45.97  ADCT  ADC Telecom.             $41.88   $22.63 
-20.52  RWY   Rent Way Inc.            $28.94   $23.00 
  9.92  IVX   IVAX Corp.               $42.38   $46.58 
     
-21.59  22.43 Relative Strength - 26 Week return YTD  
-15.04  -8.01 Return since rebalance  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
 41.41  NEWP  Newport Corp.           $112.44  $159.00 
-41.77  RMBS  Rambus Inc.             $109.69   $63.88 
-48.07  AMD   Advanced Micro Dev.      $42.13   $21.88 
-11.45  SFA   Scientific Atlanta       $75.31   $66.69 
-15.33  TECH  Techne Corp.            $148.00  $125.31 
 12.90  SDLI  SDL Inc.                $294.00  $331.94 
-42.65  LMS   Lamson & Sessions        $17.00    $9.75 
 -3.28  ROG   Rogers Corp.             $36.25   $35.06 
 18.18  PMCS  PMC-Sierra              $178.13  $210.50 
  9.92  IVX   IVAX Corp.               $42.38   $46.58 
     
 -9.97  -3.70 Spark return YTD  
-10.49  -9.65 Return since rebalance  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
 29.47  EMC   EMC Corp.                $77.19   $99.94 
-42.60  ERICY Ericsson ADR             $20.69   $11.88 
-29.17  TXN   Texas Instruments        $69.00   $48.88 
 10.91  GLW   Corning Inc.             $91.46  $101.44 
-21.06  JDSU  JDS Uniphase            $128.19  $101.19 
-18.94  PHG   Koninklijke Philips NV   $48.19   $39.06 
-45.97  ADCT  ADC Telecom.             $41.88   $22.63 
 33.41  SEBL  Siebel Systems           $82.31  $109.81 
 -1.33  ADI   Analog Devices           $80.06   $79.00 
-11.23  XLNX  Xilinx Inc.              $85.19   $75.63 
     
 17.77  -0.37 Unemotional Growth return YTD  
 -5.30 -15.06 Return since rebalance  
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~    
-45.97  ADCT  ADC Telecom.             $41.88   $22.63 
-21.06  JDSU  JDS Uniphase            $128.19  $101.19 
 69.51  NTAP  Network Appliance        $82.81  $140.38 
-15.04  ORCL  Oracle Corp.             $40.09   $34.06 
-13.94  CDWC  CDW Computer Ctrs        $66.38   $57.13 
-32.76  NSIT  Insight Enterprises      $38.67   $26.00 
 14.90  MCRL  Micrel Inc.              $45.31   $52.06 
-65.92  RFMD  RF Micro Devices         $45.85   $15.63 
 -9.18  DY    Dycom Inds.              $46.31   $42.06 
-31.13  SFP   Salton, Inc.             $37.75   $26.00 
     
 -3.37  SPY   S&P500 Trust (Spider)   $147.28  $140.53 
 -9.04  QQQ   Nasdaq 100 Index Trust   $95.13   $86.19