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To: Nine_USA who wrote (150)11/22/1997 1:43:00 PM
From: Neil S  Respond to of 4808
 
Herb, good questions:

>>1. Is the Nov 21 FC index at its YTD low or did that occur
during the March-April declines?<<

>>2. Is the 21.13% decline the maximum decline from the Jan 1 level
or did the maximum percent decline occur in the March-April
period?<<

FC Index on 12/31/96 Close = 181.76

FC Index Range YTD 1997:

Hi YTD on 9/9/97 Close = 217.28

Low YTD on 3/19/97 Close = 111.71

% Loss at YTD Low from 12/31/96 = -38.53%