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To: THE FOX who wrote (9086)	10/28/1999 11:55:00 AM
From: Bob Norman	Read Replies (1) of 18928

Hi Fox The way Newport shows profit or loss is very simply the current value of the entire investment including cash divided by the amount originally invested. The original investment amount is changed if you add or redeem cash or stock through the trade window. Don't put too much stock in the p&l number if you've ever added fresh money to the investment or taken some money out, since the time element is not taken into consideration. We put it in simply to give you an idea where you stand compared to the number of dollars invested. Cash is included in the value of the investment so starting with $0 cash has absolutely no effect on the p&l. The amount of cash is not considered in setting the buy and sell ranges. Bob

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