Industry analysis.

INDUSTRY ANALYSIS

                              April 18   April 11    Point    1-Wk
Index                           Close      Close    Change   % Chg.

AEROSPACE/DEFENSE              272.64     269.73      2.92    1.1%
APPAREL                        154.77     157.11     -2.34   -1.5%
AUTOMOTIVE/PLASTICS/METALS     302.65     299.82      2.83    0.9%
BIOMEDICAL/PHARMACEUTICAL      111.31     105.19      6.11    5.8%
COMMUNICATIONS                  40.43      39.12      1.32    3.4%
COMPUTERS/PERIPHERALS/          19.04      18.53      0.51    2.8%
  ELECTRONICS
CONSTRUCTION/ENGINEERING       316.92     303.00     13.91    4.6%
ENERGY/UTILITIES               296.47     290.48      5.99    2.1%
FINANCIAL SERVICES             400.55     365.09     35.47    9.7%
HEALTH CARE                    469.48     469.37      0.11    0.0%
INSURANCE                      171.48     170.51      0.98    0.6%
INTERNET                       175.81     170.61      5.20    3.0%
MEDIA/LEISURE/ENTERTAINMENT     90.36      89.52      0.84    0.9%
MANUFACTURING                  189.86     190.68     -0.82   -0.4%
MISC. SERVICES                 175.58     170.80      4.78    2.8%
REAL ESTATE                    520.37     506.96     13.41    2.6%
RESTAURANTS/RETAIL/            217.69     215.84      1.85    0.9%
  GROCERY STORES
SOFTWARE                       403.57     391.73     11.84    3.0%

                              52-Wk     YTD
Index                         % Chg.   % Chg.

AEROSPACE/DEFENSE               9.4%    11.2%
APPAREL                        35.9%    12.8%
AUTOMOTIVE/PLASTICS/METALS      7.2%    17.9%
BIOMEDICAL/PHARMACEUTICAL     -14.4%   -10.9%
COMMUNICATIONS                -12.8%    10.7%
COMPUTERS/PERIPHERALS/         -8.5%     3.6%
  ELECTRONICS
CONSTRUCTION/ENGINEERING      -17.1%     0.8%
ENERGY/UTILITIES                4.3%     7.2%
FINANCIAL SERVICES             -5.3%   -12.0%
HEALTH CARE                    23.8%     3.3%
INSURANCE                      11.1%     3.7%
INTERNET                       10.5%    10.9%
MEDIA/LEISURE/ENTERTAINMENT    24.4%    -2.2%
MANUFACTURING                  37.3%    15.2%
MISC. SERVICES                  8.3%     2.3%
REAL ESTATE                    47.8%     2.7%
RESTAURANTS/RETAIL/             8.5%     9.7%
  GROCERY STORES
SOFTWARE                       43.3%    15.9%