Industry analysis.

INDUSTRY ANALYSIS

                                     Feb. 15    Feb. 8     Point
              Index                   Close      Close     Change

AEROSPACE/DEFENSE                     239.60     232.51      7.09
APPAREL                               111.23     107.11      4.11
AUTOMOTIVE/PLASTICS/METALS            236.89     234.96      1.93
BIOMEDICAL & PHARMACEUTICAL           138.80     137.19      1.61
COMMUNICATIONS                         45.06      45.26     -0.20
COMPUTERS/PERIPHERALS/ELECTRONICS      20.27      20.54     -0.27
CONSTRUCTION/ENGINEERING              367.07     376.01     -8.94
ENERGY/UTILITIES                      243.27     248.95     -5.68
FINANCIAL SERVICES                    388.45     378.86      9.59
HEALTH CARE                           405.22     384.47     20.75
INSURANCE                             159.11     158.41      0.70
INTERNET                              140.97     147.19     -6.22
MEDIA/LEISURE/ENTERTAINMENT            70.33      69.26      1.08
MISC. MANUFACTURING                   134.48     130.55      3.93
MISC. SERVICES                        150.44     148.10      2.34
REAL ESTATE                           332.97     327.38      5.58
RESTAURANTS/RETAIL/GROCERY STORES     204.13     201.95      2.18
SOFTWARE                              254.32     266.97    -12.64

                                      1-Wk       52-Wk     YTD
              Index                  % Chg.     % Chg.    % Chg.

AEROSPACE/DEFENSE                      3.0%      19.9%      8.5%
APPAREL                                3.8%      33.0%     15.2%
AUTOMOTIVE/PLASTICS/METALS             0.8%      65.7%     25.5%
BIOMEDICAL & PHARMACEUTICAL            1.2%      11.5%     -7.0%
COMMUNICATIONS                        -0.4%      -4.8%     11.9%
COMPUTERS/PERIPHERALS/ELECTRONICS     -1.3%     -11.6%      9.1%
CONSTRUCTION/ENGINEERING              -2.4%      23.6%      1.2%
ENERGY/UTILITIES                      -2.3%      36.6%      5.6%
FINANCIAL SERVICES                     2.5%       1.5%      0.9%
HEALTH CARE                            5.4%      51.2%      6.4%
INSURANCE                              0.4%      13.0%      1.5%
INTERNET                              -4.2%      45.5%      0.0%
MEDIA/LEISURE/ENTERTAINMENT            1.6%      -8.0%     11.0%
MISC. MANUFACTURING                    3.0%     -11.9%      7.2%
MISC. SERVICES                         1.6%      19.9%      5.6%
REAL ESTATE                            1.7%      36.8%     10.5%
RESTAURANTS/RETAIL/GROCERY STORES      1.1%      -1.0%      1.4%
SOFTWARE                              -4.7%      22.0%     -4.9%