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To: Jock Hutchinson who wrote (24213)	9/27/2001 7:59:42 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 25814

Jock: This is what I said with regard to your picks and what I would benchmark it against for the next one year -- VTSMX and IWN. ...I think this time you will trail VTSMX (total stock market index) over the next one year (starting April 6). What's more, I think your picks will trail IWN (Russell 2000 Value Index) by an even wider margin over the same time period. I told you that you will underperform both of them and in particular, underperform the latter by an even wider margin. At the halfway point now, we are right on track. You are down 50%, VTSMX is down 9.4% and IWN is down 4.9% As for GPS, I said that it probably won't be a good choice for a short-term bet. And in any case, you have stated yourself that it is a "terrific long-term holding". So, the jury is still very much out on that one.