Can any of you naysayers please tell me why you are
so right and the following companies are wrong? :
The 10 Top Valence Institutional Holders
Rank Institutional Name Report Date Position
1 DIMENSIONAL FUND ADVISORS INC 09/30/99 896,800
2 BARCLAYS BANK PLC 09/30/99 308,590
3 VANGUARD GROUP, INC. (THE) 09/30/99 274,500
4 STATE STREET CORPORATION 09/30/99 94,400
5 STARBUCK, TISDALE & ASSOCIATES 06/30/99 90,350
6 MELLON BANK, N.A. 09/30/99 88,512
7 TAUNUS CORPORATION UND 09/30/99 85,900
8 AMERICAN EXPRESS FINANCIAL CORP 09/30/99 74,880
9 TIAA CREF INVESTMENT MANAGEMENT,LLC 09/30/99 72,900
10 NORTHERN TRUST CORPORATION 09/30/99 57,400
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