To: Alan Vennix who wrote (329 ) 8/7/1998 11:55:00 PM From: Alan Vennix Read Replies (1) | Respond to of 343
NOTE: For the year of 1998 through August 7, MXAM's stock price is down by 60%, GPGI is down 70%, NAXOF is -86%, CHIP is -87% and IPMCF is -98%. A basket of the five stocks is down 80-85% on the year, depending on the particular indice. DATE__________"DDI-CAP"________"DDI-SHR"_________"DDI-DOL" AUG 7___________165_______________164_________________200 JUL 31___________192_______________189_________________221 JUL 24___________194_______________192_________________246 JUL 17___________199_______________197_________________272 JUL 10___________359_______________352_________________394 JUN 30___________375_______________343_________________322 JUN 26___________400_______________373_________________366 JUN 19___________434_______________397_________________354 JUN 12___________510_______________465_________________440 JUN 5____________395_______________362_________________419 MAY 29__________402_______________370_________________462 MAY 22__________371_______________348_________________492 MAY 15__________458_______________428_________________548 MAY 8___________500_______________470_________________572 APR 30___________562_______________528_________________630 APR 24___________650_______________605_________________805 APR 17___________547_______________515_________________761 APR 9____________652_______________614_________________824 APR 3____________664_______________630_________________736 MAR 31___________640_______________616_________________764 MAR 27___________693_______________646_________________722 MAR 20___________605_______________581_________________671 MAR 13___________531_______________522_________________606 MAR 6____________714_______________689_________________713 FEB 27____________758_______________736_________________726 FEB 20____________843_______________810_________________762 FEB 13____________758_______________744_________________754 FEB 6_____________866_______________876_________________944 JAN 30____________903_______________903_________________923 JAN 23____________918_______________916_________________966 JAN 16___________1028______________1015________________1030 JAN 9 ____________912_______________924_________________966 DEC 31___________1000______________1000________________1000 NOTE: For the year 1997, the "CAP" index was up 9.5%, the "SHR" index was down 6.8%, and the "DOL" index was up 19.3%. These indices were based on a basket of stocks purchased Jan 1, 1997 on the same basis as described below. BACKGROUND Market Indices for the basket of 5 "Desert Dirts" have been calculated for three different investments. (1) MARKET CAPITALIZATION (DDI-CAP) - Assumes $1000 invested in the 5 stocks on the basis of the proportionate value of the market capitalization of the stocks as of 12/31/97. (2) EQUAL SHARE AMOUNTS (DDI-SHR) - Asssumes $1000 invested by buying equal number of shares in the 5 stocks based on their 12/31/97 closing prices. (3) EQUAL DOLLAR AMOUNTS (DDI-DOL) - Assumes $1000 invested by buying equal dollar amounts of the 5 stocks at their 12/31/97 closing prices. Initial values for the three investments were calculated as follows, using estimated shares outstanding as of Dec 31, 1997: STOCK__________CHIP______GPGI______IPMCF_____MXAM______NAXOF MM SHARES ______12.2________21__________21_________45___________34 12/31 PRICE_______0.56_______1.88_________1.28_______0.38_________6.25 "CAP" SHARES____40.3_______69.4_________69.4_______148.8_______112.4 "SHR" SHARES____96.7_______96.7_________96.7________96.7________96.7 "DOL" SHARES____357________107_________156_________533_________32 With these share amounts, index values were calculated as above.