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To: Douglas Nordgren who wrote (114)11/15/1997 10:47:00 AM
From: Neil S  Respond to of 4808
 
Nordgren Fibre Channel Emerging Growth Stock Index
(NFCEGSI)

Year To Date Change ( 1997 )
12/31/96 11/14/97 YTD YTD %

FC Composite Index 181.76 147.78 -33.98 -18.69%

Hub & Adapter Group 131.46 114.83 -16.63 -12.65%
Storage System Group 127.17 110.72 -16.45 -12.94%
Switch Group 207.41 93.52 -113.89 -54.91%

Comparison Index
DJIA 6448.27 7572.48 1124.21 17.43%
SP-500 740.74 928.34 187.6 25.33%
Nasdaq Composite 1291.03 1583.51 292.48 22.65%
NDX 821.36 1027.85 206.49 25.14%
Russell 2000 362.61 428.41 65.8 18.15%


Weekly Change
11/7/97 11/14/97 Week Week %

FC Composite Index 153.00 147.78 -5.22 -3.41%

Hub & Adapter Group 125.17 114.83 -10.34 -8.26%
Storage System Group 119.28 110.72 -8.56 -7.18%
Switch Group 88.89 93.52 4.63 5.21%

Comparison Index
DJIA 7581.32 7572.48 -8.84 -0.12%
SP-500 927.5 928.34 0.84 0.09%
Nasdaq Composite 1602.4 1583.51 -18.89 -1.18%
NDX 1028.32 1027.85 -0.47 -0.05%
Russell 2000 435.22 428.41 -6.81 -1.56%

Disclaimer: Provided as INFORMATION ONLY, NOT INVESTMENT ADVICE,
for those interested in tracking the emerging FC market trends.

Past results do not guarantee future results (that's what were betting on ).
The above may or may not mean anything, based on analysis that may or may
not be valid.



To: Douglas Nordgren who wrote (114)11/15/1997 11:12:00 AM
From: Neil S  Respond to of 4808
 
I decided to backtest this to the beginning of 1997 to provide a baseline going forward. Obviously the results are no surprise to anyone who has been following the development of FC. These results indicate just how early we have been to the party, and what the associated costs have been. Remember this is a very small sample and should become more robust as the market develops and more meaningful as more companies are added to the groups and more groups are identified.

I will try to update weekly and have it up on SI by Saturday, unless the FC market tanks and the mood gets ugly <g> or until i lose my data, whichever occurs first.

Ray of Hope: Positive divergence of the Switch Group [ANCR] for the week.

Regards,
Neil



To: Douglas Nordgren who wrote (114)11/15/1997 11:22:00 AM
From: Neil S  Read Replies (1) | Respond to of 4808
 
Douglas:

Thanks for the portfolio approach ,very interesting, now we can diversify our losses <g>. Also like the idea of blaming this all on trendmaster <g> Great thinking !

Regards,
Neil