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To: gonzongo who wrote (5007)	6/28/1998 9:06:00 PM
From: Howard R. Hansen	Read Replies (1) of 11149

>> The best slice of the pie was from Pr to Sales of 2.01 to 6.0 wherein average returns for 1997 we consistently more than 30%. From 6.0 to 30 results were in line with the total as well as from 0.76 to 2.0 but the extremes below .76 and above 30 had subpar results. the 495 stocks with pr to sales from 0.01 to 0.25 had a negative 10.61% average return. << Gonzongo, now you have me worried. This is a large difference from the results I obtained. My results showed the best results were obtained in the fifth and sixth decile, a PSR range of 1.25 to 2.2. I will go back and check my results.

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