| NHCH BUY REC-AXXel-FYI 
 May 17, 2001- Warren, N. J. Axxel Knutson, President & Chief Investment Officer [CIO] of
 TradingWeapon.com in Warren, New Jersey, an OSJ* office of First Allied Securities Inc., an
 NASD/SIPC member, today initiated coverage of the following companies: Newmark Homes
 [NHCH-14], Schuler Homes [SHLR-13.95], Pulte Corporation [PHM-44.25], William Lyon
 Homes [WLS-12.20] all with "Strong Buy" ratings. According to Knutson, "The recent profit
 taking in these stocks has brought them back into a range that represents important long-term
 value and given the demonstrated ability of these companies to weather an adverse interest rate
 environment, we believe that a period of lower interest rates will accrue to their benefit and to
 investors in these stocks."
 
 TradingWeapon.com is located at 197 Mountainview Road, Warren, New Jersey 07059 TEL:
 908-647-5750.
 
 · Office of Supervisory Jurisdiction
 
 AXXel Knutson
 www.TradingWeapon.com
 axxel@blast.net
 
 This report or comment is published solely for information purposes. It may be a part of a
 published research report of www.TradingWeapon.com. ["Tradingweapon.com" is the business
 name for AXXel Knutson, who is a Registered Principal of an independently owned office of
 Supervisory Jurisdiction [OSJ] with First Allied Securities, Inc. Tradingweapon.com offers all of
 its securities business through First Allied Securities, Inc., a member of the NASD/SIPC. Bear
 Stearns Securities Corp. is the clearing agent for First Allied. Securities. Inc. It is not to be
 construed either as an offer to sell or the solicitation of an offer to buy any security or the
 provision of or an offer to provide investment services in any state where such an offer,
 solicitation or provision would be illegal. Any opinions expressed herein are statements of our
 judgment on this date and are subject to change without notice and we may not update that
 change to you. First Allied Securities, Inc. its affiliates and subsidiaries and/or their officers and
 employees may from time to time acquire, hold, or sell a position in the securities mentioned
 herein although Axxel Knutson does not hold any position long or short in any of the stocks that
 he speaks about. Nor does Knutson, or First Allied accept fees or securities in any stocks that he
 speaks about from any public company. Additional information is available by requesting the
 Newsletters of AXXel by dropping your email address at the following web site:
 www.TradingWeapon.com The newsletters are without charge of any kind and we suggest that
 you read the disclaimers that are an integral part of the letters. tradingweapon.com located at 197
 Mountainview Road, Warren, NJ 07059. TEL: 908-647-5750. First Allied Securities is a NASD
 and SIPC member. First Allied clears its securities transactions through Bear Stearns Corp.
 Manage the risks…the profits will take care of themselves and the absence of diversification and
 the use of margin to "position build" is nuts.
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