Figures Of The Week

COMMENTARY
      The Nasdaq Composite index took it on the chin again, shedding 677 points, or 
      15.2%, on Apr. 10, 11, and 12. The once-highflying Nasdaq is now down 25% in a 
      month's time and 7.4% year-to-date. Much of the money rushing out of the 
      Nasdaq's tech sector is going to Old Economy blue-chips. The Dow industrials 
      eked out a 0.8% gain, while the S&P 500 lost 1.4% for the week.
      
      STOCKS
      
                                              -----------% change--------
                                                        Year to   Last 12
      U.S. MARKETS                  Apr. 12    Week      date      months
      S&P 500                        1467.2    -1.4      -0.1        8.0
      Dow Jones Industrials        11,125.1     0.8      -3.2        7.6
      Nasdaq Composite               3769.2    -9.6      -7.4       45.0
      S&P MidCap 400                  466.2    -2.0       4.8       25.9
      S&P SmallCap 600                198.6    -2.4       0.4       22.9
      Wilshire 5000                13,586.3    -2.6       0.4       10.2
      
      SECTORS
      Business Week 50*              1248.1    -4.0      -4.1       17.3
      Business Week Info Tech 100**   952.4    -6.9       NA         NA
      S&P/BARRA Growth                874.9    -3.5      -1.4       11.1
      S&P/BARRA Value                 618.8     1.1       1.3        4.0
      S&P Energy                      849.0     1.3       1.7        7.7
      S&P Financials                  139.7     3.2       5.0       -6.8
      S&P REIT                         76.9     3.8       4.5       -2.2
      S&P Transportation              605.4     1.7       1.4      -16.7
      S&P Utilities                   251.3     3.5      10.6        4.5
      GSTI Internet                   492.7  - 13.8    - 30.8      -25.4
      PSE Technology                 1033.8    -7.9       6.4      100.5
      
                                              -----------% change--------
                                                        Year to   Last 12
      GLOBAL MARKETS                Apr. 12    Week      date      months
      S&P Euro Plus (U.S. Dollar)    1499.2     0.3      -0.8       15.9
      London (FT-SE 100)             6350.8    -0.4      -8.4       -2.5
      Paris (CAC 40)                 6238.7     3.3       4.7       42.8
      Frankfurt (DAX)                7443.1     1.5       7.0       44.3
      Tokyo (NIKKEI 225)           20,833.2     1.8      10.0       24.6
      Hong Kong (Hang Seng)        16,577.1     1.6      -2.3       39.3
      Toronto (TSE 300)              9047.7    -1.9       7.5       30.4
      Mexico City (IPC)              7016.7    -3.5      -1.6       32.3
      
      FUNDAMENTALS                           Apr. 12    Wk. ago   Yr. ago
      S&P 500 Dividend Yield                  1.12%     1.12%     1.19%
      S&P 500 P/E Ratio (Trailing 12 mos.)    31.7      31.7      35.4
      S&P 500 P/E Ratio (Next 12 mos.)*       24.7      24.6      25.3
      First Call Earnings Surprise*           8.19%     12.78%    5.90%
      *First Call Corp.
      
      TECHNICAL INDICATORS                    Apr. 5    Wk. ago   Reading
      S&P 500 200-day average                 1382.6    1378.2    Positive
      Stocks above 200-day average            39.0%     35.0%     Positive
      Options: Put/call ratio                 0.48      0.43      Negative
      Insiders: Vickers Sell/buy ratio        0.79      0.80      Positive
      
      BEST-PERFORMING               Last                                    Last 12
      GROUPS                        month%                                  months%
      Shoes                         64.5      Instrumentation               199.5
      Food Chains                   40.9      Defense Electronics           116.2
      Property-Casual. Insurers     39.5      Semiconductors                114.2
      Multiline Insurers            39.5      Communications Equip.          82.2
      Insurance Brokers             36.5      Oil & Gas Drilling             72.4
      
      WORST-PERFORMING              Last                                    Last 12
      GROUPS                        month%                                  months%
      Instrumentation               -28.1     Pollution Control             -64.4
      Defense Electronics           -17.3     Toys                          -49.3
      Computer Software             -14.9     Office Equip. & Supplies      -47.5
      Communications Equip.         -10.5     Life Insurance                -44.8
      Long-Dist. Telecomms.         -10.3     Hotels & Motels               -42.3
      
      INTEREST RATES
      
                                              Week      Year
      KEY RATES                     Apr. 12    ago       ago
      MONEY MARKET FUNDS            5.58%     5.58%     4.46%
      90-DAY TREASURY BILLS         5.83      5.86      4.30
      1-YEAR TREASURY BILLS         6.13      6.15      4.65
      10-YEAR TREASURY NOTES        5.93      5.90      5.13
      30-YEAR TREASURY BONDS        5.81      5.81      5.51
      30-YEAR FIXED MORTGAGE+       8.18      8.11      6.95
      +BanxQuote, Inc.
      
      BLOOMBERG MUNI YIELD EQUIVALENTS
      Taxable equivalent yields on AAA-rated, tax-exempt municipal bonds, assuming a 
      31% federal tax rate.
                                 10-yr. bond         30-yr. bond
      GENERAL OBLIGATIONS           4.98%               5.58%
      TAXABLE EQUIVALENT            7.22                8.09
      INSURED REVENUE BONDS         5.14                5.82
      TAXABLE EQUIVALENT            7.45                8.43
      
      MUTUAL FUNDS
      
      EQUITY FUND CATEGORIES
      
      Leaders                                 Laggards
      Four-week total return          %       Four-week total return         %
      Financial                     16.6      Technology                    -17.1
      Large-cap Value               12.7      Small-cap Growth              -15.3
      Mid-cap Value                 10.8      Mid-cap Growth                -12.6
      Real Estate                    8.6      Communications                -10.1
      Large-cap Blend                8.2      Europe                         -6.2
      
      Leaders                                 Laggards
      52-week total return            %       52-week total return            %
      Technology                    101.0     Financial                     -7.7
      Small-cap Growth               72.4     Precious Metals               -7.5
      Mid-cap Growth                 64.7     Large-cap Value                4.4
      Diversified Pacific/Asia       60.7     Real Estate                    6.7
      Japan                          59.8     Domestic Hybrid                7.5