| Unusually Low priced 7-150 Day options relative to their own past USING PERCENTILES |
| Rank | 7-150 Day Option Implied Volatility Ranking for 06-01-99 (since 11-23-98) |
| Stock Option | High | Low | Last | Chg | 1-20 rank |
| 1) Gillette Company (The) (G) | 45.79% | 29.72% | 29.85% | - 1.50% | 1 |
| 2) Biogen, Inc. (BGEN) | 63.52% | 45.52% | 45.52% | - 1.47% | 1 |
| 3) PepsiCo, Inc. (PEP) | 47.75% | 29.82% | 29.82% | -16.35% | 1 |
| 4) BEA Systems, Inc (BEAS) | 111.45% | 63.65% | 72.03% | + 2.62% | 1 |
| 5) NEXTEL Communications, Inc. ( (NXTL) | 66.58% | 55.57% | 56.42% | - 8.94% | 1 |
| 6) First Data Corporation (FDC) | 50.11% | 26.87% | 26.87% | -12.71% | 1 |
| 7) K Mart Corporation (KM) | 61.24% | 40.86% | 41.44% | - 2.10% | 1 |
| 8) Toys R Us, Inc. (TOY) | 74.17% | 42.88% | 47.02% | -11.22% | 1 |
| 9) Automatic Data Processing, In (AUD) | 38.65% | 27.14% | 27.14% | - 8.79% | 1 |
| 10) Enron Corporation (ENE) | 33.01% | 27.09% | 29.86% | - 1.50% | 1 |
| 11) Smurfit Stone Container Corpo (SSCC) | 66.65% | 47.53% | 47.53% | -18.34% | 1 |
| 12) Tribune Company (TRB) | 36.79% | 29.53% | 29.79% | - 5.29% | 1 |
| 13) Norfolk Southern Corporation (NSC) | 35.40% | 22.86% | 26.50% | - 1.28% | 1 |
| 14) Clear Channel Communications, (CCU) | 61.39% | 38.96% | 38.96% | - 5.19% | 1 |
| 15) Southtrust Corp. (SOTR) | 41.38% | 21.08% | 21.08% | - 4.54% | 1 |
| 16) Mellon Bank Corporation (MEL) | 42.42% | 26.68% | 26.68% | - 5.44% | 1 |
| 17) SanDisk Corporation (SNDK) | 99.85% | 53.90% | 53.90% | - 9.52% | 1 |
| 18) Occidental Petroleum Corporat (OXY) | 47.80% | 21.47% | 25.06% | - 3.66% | 1 |
| 19) Alcan Aluminium Limited (AL) | 48.56% | 23.30% | 29.73% | -18.83% | 1 |
| 20) Winstar Communications, Inc. (WCII) | 92.76% | 65.22% | 65.75% | - 2.17% | 1 |
| 21) Callaway Golf Company (ELY) | 75.61% | 56.76% | 60.23% | - 2.91% | 1 |
| 22) American General Corporation (AGC) | 34.62% | 27.87% | 28.96% | - 0.84% | 1 |
| 23) Kellogg Company (K) | 48.83% | 24.55% | 24.55% | - 5.56% | 1 |
| 24) Unilever N.V. (UN) | 41.24% | 32.19% | 32.91% | - 5.06% | 1 |
| 25) Nabors Industries, Inc. (NBR) | 77.36% | 44.53% | 46.14% | + 1.61% | 1 |
| 26) General Dynamics Corporation (GD) | 41.29% | 32.64% | 33.42% | - 0.36% | 1 |
| 27) Harrah's Entertainment, Inc. (HET) | 64.70% | 40.41% | 42.67% | - 1.37% | 1 |
| 28) DaimlerChrysler AG (DCX) | 45.94% | 31.57% | 32.62% | - 0.74% | 1 |
| 29) Pacific Sunwear of California (PSUN) | 97.29% | 56.49% | 60.82% | - 0.46% | 1 |
| 30) Sysco Corporation (SYY) | 33.98% | 19.78% | 19.78% | -10.14% | 1 |
| 31) Peoples Energy Corporation (PGL) | 29.85% | 17.67% | 17.67% | - 4.41% | 1 |
| 32) Emmis Communications Corp. Cl (EMMS) | 62.71% | 52.43% | 52.43% | - 3.62% | 1 |
| 33) NEXTLINK Communications (NXLK) | 90.23% | 69.39% | 69.39% | - 3.28% | 1 |
| 34) PNC Bank Corporation (PNC) | 43.38% | 28.12% | 28.70% | - 0.26% | 1 |
| 35) Dana Corporation (DCN) | 46.29% | 29.46% | 29.46% | - 6.20% | 1 |
| 36) Nabisco Holdings Corporation (NA) | 46.13% | 33.53% | 33.53% | - 1.31% | 1 |
| 37) Philip Morris Companies, Inc. (MO) | 41.13% | 29.94% | 31.78% | - 4.85% | 2 |
| 38) Mattel, Inc. (MAT) | 73.54% | 43.20% | 46.47% | - 3.41% | 2 |
| 39) Compuware Corporation (CPWR) | 105.25% | 55.17% | 60.58% | + 2.78% | 2 |
| 40) Corning Incorporated (GLW) | 42.28% | 34.66% | 36.48% | - 0.75% | 2 |
| 41) Ericsson (L.M.) Telephone Co. (ERICY) | 63.55% | 42.16% | 44.41% | + 0.69% | 2 |
| 42) BMC Software, Inc. (BMCS) | 89.24% | 35.40% | 55.95% | +20.55% | 2 |
| 43) Apple Computer, Inc. (AAPL) | 76.01% | 48.37% | 55.70% | - 2.18% | 2 |
| 44) Global Marine, Inc. (GLM) | 82.41% | 58.42% | 61.24% | - 4.16% | 2 |
| 45) Atlantic Richfield Company (ARC) | 47.14% | 25.36% | 31.64% | - 1.27% | 2 |
| 46) Caterpillar, Inc. (CAT) | 54.02% | 30.49% | 33.52% | -20.50% | 2 |
| 47) Archer-Daniels-Midland Compan (ADM) | 48.90% | 27.11% | 30.19% | - 4.06% | 2 |
| 48) Analog Devices, Inc. (ADI) | 82.07% | 50.09% | 52.30% | - 0.34% | 2 |
| 49) MedImmune, Inc. (MEDI) | 77.79% | 37.36% | 59.23% | +21.87% | 2 |
| 50) Lockheed Martin Corporation (LMT) | 52.56% | 28.39% | 35.93% | - 4.13% | 3 |
| 51) Firstar Corporation (FSR) | 41.07% | 30.15% | 31.92% | - 4.22% | 3 |
| 52) Seagate Technology, Inc. (SEG) | 77.56% | 50.14% | 55.11% | - 3.00% | 3 |
| 53) Gap, Inc. (The) (GPS) | 60.68% | 39.30% | 45.26% | - 2.47% | 3 |
| 54) Zebra Technologies, Inc. (ZBRA) | 63.80% | 46.76% | 49.04% | - 3.08% | 3 |
| 55) Unisys Corporation (UIS) | 56.11% | 38.01% | 41.29% | + 2.10% | 3 |
| 56) Media One Group, Inc. (UMG) | 51.10% | 23.29% | 29.59% | - 0.41% | 3 |
| 57) IBP, Inc. (IBP) | 55.57% | 37.35% | 43.22% | - 3.40% | 3 |
| 58) Edison International (EIX) | 35.78% | 19.43% | 21.56% | - 2.80% | 3 |
| 59) Avon Products, Inc. (AVP) | 59.87% | 37.57% | 44.76% | - 3.41% | 3 |
| 60) Ross Stores, Inc. (ROST) | 49.81% | 33.80% | 39.39% | + 1.13% | 3 |
| 61) News Corporation Ltd. (The) A (NWS) | 51.30% | 39.18% | 40.79% | - 2.11% | 3 |
| 62) Boeing Company (The) (BA) | 46.70% | 30.41% | 33.90% | - 3.04% | 4 |
| 63) Coca-Cola Company (The) (KO) | 40.54% | 26.99% | 29.95% | + 0.26% | 4 |
| 64) BellSouth Corporation (BLS) | 42.48% | 28.88% | 30.88% | - 1.52% | 4 |
| 65) Siebel Systems (SEBL) | 119.18% | 60.79% | 70.17% | - 1.63% | 4 |
| 66) American Xtal Technology, Inc (AXTI) | 491.98% | 51.18% | 67.68% | +16.50% | 4 |
| 67) American Eagle Outfitters, In (AEOS) | 76.93% | 48.65% | 57.12% | + 8.47% | 4 |
| 68) I2 Technologies, Inc (ITWO) | 118.51% | 65.72% | 75.19% | - 0.80% | 4 |
| 69) AMR Corporation (AMR) | 55.56% | 38.20% | 41.15% | - 3.39% | 4 |
| 70) PsiNet Inc. (PSIX) | 117.37% | 65.46% | 80.91% | - 0.68% | 4 |
| 71) Kohl's Corporation (KSS) | 51.90% | 42.48% | 44.95% | - 6.33% | 4 |
| 72) Bear Stearns Companies, Inc. (BSC) | 59.80% | 41.82% | 45.88% | - 3.17% | 4 |
| 73) ACE, Ltd. (ACL) | 59.62% | 40.13% | 43.19% | - 1.15% | 4 |
| 74) UST, Inc. (UST) | 43.65% | 20.92% | 28.22% | + 2.58% | 4 |
| 75) Telefonica de Espana, S.A. AD (TEF) | 65.19% | 29.01% | 31.10% | - 0.05% | 4 |
| 76) Barrick Gold Corporation (ABX) | 60.57% | 45.70% | 49.83% | - 1.29% | 4 |
| 77) Lucent Technologies, Inc. (LU) | 95.60% | 40.31% | 49.30% | - 0.49% | 5 |
| 78) AT&T Corporation (T) | 65.39% | 30.33% | 35.83% | - 8.02% | 5 |
| 79) Ciena Corporation (CIEN) | 104.34% | 67.34% | 72.59% | - 0.18% | 5 |
| 80) Globalstar Telecommunications (GSTRF) | 105.21% | 63.83% | 76.79% | - 0.93% | 5 |
| 81) Atmel Corporation (ATML) | 83.89% | 61.31% | 66.34% | + 0.94% | 5 |
| 82) TJX Companies, Inc. (The) (TJX) | 56.09% | 40.73% | 44.01% | - 4.06% | 5 |
| 83) CBS Corporation (CBS) | 51.02% | 32.86% | 37.71% | - 9.08% | 5 |
| 84) Morgan (J.P.) & Co., Incorpor (JPM) | 45.47% | 35.56% | 39.77% | - 0.69% | 5 |
| 85) FDX Corporation (FDX) | 54.64% | 37.50% | 43.28% | + 0.25% | 5 |
| 86) Baker Hughes Incorporated (BHI) | 62.06% | 49.64% | 52.74% | + 0.37% | 5 |
| 87) Comverse Technology, Inc. (CMVT) | 71.87% | 47.81% | 53.00% | + 1.66% | 5 |
| 88) Electronic Data Systems, Inc. (EDS) | 47.36% | 31.85% | 34.66% | - 1.22% | 5 |
| 89) Taiwan Semiconductor Manufact (TSM) | 253.40% | 10.01% | 58.73% | + 3.29% | 5 |
| 90) Royal Caribbean Cruises Ltd. (RCL) | 66.39% | 42.61% | 44.83% | - 1.99% | 5 |
| 91) Tyco International Ltd. (TYC) | 47.47% | 30.28% | 37.35% | - 1.20% | 6 |
| 92) Monsanto Company (MTC) | 62.61% | 43.84% | 50.07% | - 2.12% | 6 |
| 93) Computer Associates Internati (CA) | 66.81% | 44.25% | 51.07% | + 3.85% | 6 |
| 94) Biovail Corporation Internati (BVF) | 66.17% | 44.37% | 54.50% | - 2.20% | 6 |
| 95) Service Corporation Internati (SRV) | 76.92% | 40.65% | 45.21% | + 0.30% | 6 |
| 96) National City Corporation (NCC) | 35.94% | 22.81% | 27.36% | - 8.58% | 6 |
| 97) Eastman Kodak Company (EK) | 35.97% | 27.61% | 31.08% | - 4.90% | 6 |
| 98) Times Mirror Company (The) (TMC) | 29.62% | 18.23% | 24.79% | - 1.55% | 6 |
| 99) Doubleclick Inc (DCLK) | 160.59% | 91.97% | 110.53% | - 0.14% | 6 |
| 100) Weatherford International, In (WFT) | 78.14% | 60.95% | 64.12% | - 1.13% | 6 |
| 101) Ann Taylor Stores, Inc. (ANN) | 69.50% | 57.79% | 62.63% | - 0.69% | 6 |
| 102) United HealthCare Corporation (UNH) | 65.48% | 39.52% | 46.09% | - 1.59% | 6 |
| 103) Lam Research Corporation (LRCX) | 88.43% | 69.57% | 75.00% | + 4.34% | 7 |
| 104) Royal Dutch Petroleum Company (RD) | 42.62% | 23.33% | 29.85% | - 0.14% | 7 |
| 105) First Union Corporation (FTU) | 39.12% | 28.54% | 30.86% | - 0.38% | 7 |
| 106) Legato Systems, Inc. (LGTO) | 101.94% | 51.33% | 66.69% | - 2.03% | 7 |
| 107) MBNA Corporation (KRB) | 57.42% | 38.21% | 44.79% | + 1.22% | 7 |
| 108) Southwest Airlines Co. (LUV) | 78.56% | 37.51% | 45.72% | + 1.19% | 7 |
| 109) Becton Dickinson & Company (BDX) | 57.13% | 35.23% | 42.55% | - 2.14% | 7 |
| 110) Duke Power Company (DUK) | 28.23% | 19.38% | 22.55% | - 1.47% | 7 |
| 111) MGIC Investment Corporation (MTG) | 62.88% | 40.52% | 44.72% | - 0.04% | 7 |
| 112) Central & South West Corporat (CSR) | 32.23% | 9.06% | 18.35% | - 9.53% | 7 |
| 113) Metamor Worldwide, Inc (MMWW) | 103.61% | 53.86% | 59.73% | - 4.90% | 7 |
| 114) Rowan Companies, Inc. (RDC) | 80.51% | 57.52% | 63.47% | + 0.37% | 7 |
| 115) Waste Management, Inc. (WMI) | 46.33% | 34.21% | 38.99% | - 0.02% | 8 |
| 116) Broad Vision, Inc (BVSN) | 122.67% | 47.16% | 98.97% | - 5.35% | 8 |
| 117) American International Group, (AIG) | 41.04% | 31.60% | 36.66% | - 0.52% | 8 |
| 118) Parametric Technology Corpora (PMTC) | 87.76% | 52.71% | 66.46% | - 5.99% | 8 |
| 119) Sears, Roebuck and Company (S) | 43.23% | 31.88% | 36.65% | - 1.54% | 8 |
| 120) Health Management Associates, (HMA) | 85.65% | 38.63% | 58.33% | - 0.42% | 8 |
| 121) Whittman-Hart, Inc (WHIT) | 102.73% | 62.49% | 66.99% | -22.78% | 8 |
| 122) Cadence Design Systems, Inc. (CDN) | 101.86% | 55.41% | 68.18% | - 7.78% | 8 |
| 123) Human Genome Sciences, Inc. (HGSI) | 65.27% | 47.95% | 52.19% | - 2.76% | 8 |
| 124) Conseco, Inc. (CNC) | 67.72% | 46.83% | 54.87% | - 5.69% | 8 |
| 125) CIGNA Corporation (CI) | 36.96% | 28.80% | 32.14% | - 0.59% | 8 |
| 126) Verio, Inc. (VRIO) | 126.29% | 70.85% | 93.55% | - 3.81% | 8 |
| 127) Electronic Arts, Inc. (ERTS) | 67.73% | 52.57% | 56.84% | - 0.49% | 8 |
| 128) Applied Micro Circuits Corpor (AMCC) | 89.20% | 65.32% | 82.35% | +17.03% | 8 |
| 129) Union Pacific Resources Group (UPR) | 93.45% | 61.26% | 69.60% | - 4.52% | 8 |
| 130) Goodyear Tire & Rubber Compan (GT) | 44.53% | 29.96% | 33.76% | - 1.20% | 8 |
| 131) McLeodusa (MCLD) | 67.42% | 53.58% | 58.45% | - 2.83% | 8 |
| 132) Smith International, Inc. (SII) | 81.33% | 67.35% | 72.20% | - 9.13% | 8 |
| 133) Oracle Corporation (ORCL) | 78.59% | 45.60% | 60.23% | - 0.12% | 9 |
| 134) Schlumberger Limited (SLB) | 48.52% | 39.41% | 43.09% | - 0.93% | 9 |
| 135) Halliburton Company (HAL) | 62.11% | 45.33% | 50.30% | - 1.74% | 9 |
| 136) HEALTHSOUTH Corporation (HRC) | 68.02% | 47.48% | 58.52% | - 3.64% | 9 |
| 137) USX-Marathon Group (MRO) | 51.82% | 30.30% | 38.47% | - 3.95% | 9 |
| 138) Aspect Development Inc (ASDV) | 114.22% | 75.83% | 88.99% | - 3.19% | 9 |
| 139) FIserv, Inc. (FISV) | 46.86% | 30.46% | 37.03% | + 2.18% | 9 |
| 140) Mirage Resorts, Incorporated (MIR) | 61.99% | 34.17% | 50.12% | +15.95% | 9 |
| 141) Brooktrout Technology, Inc. (BRKT) | 89.91% | 74.02% | 78.16% | + 1.08% | 9 |
| 142) Dominion Resources, Inc. (D) | 27.95% | 18.86% | 21.81% | + 0.70% | 9 |
| 143) Fidelity National Financial, (FNF) | 70.33% | 43.04% | 57.33% | - 1.59% | 9 |
| 144) Crown Cork & Seal Company, In (CCK) | 46.81% | 33.36% | 37.21% | - 7.78% | 9 |
| 145) Dell Computer Corp. (DELL) | 87.18% | 50.44% | 61.20% | - 2.54% | 10 |
| 146) MCI Worldcom, Inc. (WCOM) | 49.30% | 32.26% | 41.89% | + 0.29% | 10 |
| 147) Procter & Gamble Company (The (PG) | 36.40% | 27.15% | 29.94% | - 2.31% | 10 |
| 148) Disney (The Walt) Holding Co. (DIS) | 47.40% | 32.27% | 38.71% | - 0.03% | 10 |
| 149) Emerson Electric Company (EMR) | 35.67% | 23.07% | 27.02% | - 0.53% | 10 |
| 150) Broadcom, Inc. (BRCM) | 121.40% | 71.93% | 80.07% | - 6.39% | 10 |
| 151) SuperGen, Inc (SUPG) | 103.02% | 62.06% | 74.65% | + 3.28% | 10 |
| 152) Starwood Hotels & Resorts Wor (HOT) | 67.69% | 48.41% | 53.79% | + 2.60% | 10 |
| 153) FPL Group, Inc. (FPL) | 27.37% | 19.44% | 20.86% | - 0.81% | 10 |
| 154) Cisco Systems, Inc. (CSCO) | 60.84% | 32.16% | 47.83% | - 0.17% | 11 |
| 155) Bank of America Corporation (BAC) | 54.68% | 33.24% | 41.55% | - 0.58% | 11 |
| 156) Wells Fargo & Company (WFC) | 45.95% | 28.87% | 33.36% | - 0.57% | 11 |
| 157) Cendant Corporation (CD) | 69.56% | 47.73% | 61.36% | - 0.42% | 11 |
| 158) Ford Motor Company (F) | 39.62% | 24.62% | 34.47% | - 0.01% | 11 |
| 159) Hilton Hotels Corporation (HLT) | 64.43% | 38.43% | 45.57% | + 0.75% | 11 |
| 160) Sara Lee Corporation (SLE) | 41.59% | 25.64% | 33.20% | + 1.12% | 11 |
| 161) McDonald's Corporation (MCD) | 39.90% | 29.66% | 33.82% | + 0.59% | 11 |
| 162) Veritas Software (VRTS) | 83.93% | 51.83% | 66.86% | +15.02% | 11 |
| 163) PeopleSoft Inc. (PSFT) | 90.67% | 67.08% | 73.43% | - 6.84% | 11 |
| 164) Honeywell, Inc. (HON) | 36.93% | 27.49% | 33.61% | - 1.14% | 11 |
| 165) CMGI, Inc. (CMGI) | 139.85% | 77.55% | 108.54% | - 0.10% | 11 |
| 166) U.S. Bancorp (USB) | 51.64% | 36.82% | 41.85% | + 0.52% | 11 |
| 167) Dayton Hudson Corporation (TGT) | 53.41% | 38.42% | 43.87% | - 2.59% | 11 |
| 168) Advanced Micro Devices, Inc. (AMD) | 88.06% | 55.86% | 71.05% | + 1.47% | 11 |
| 169) Cintas Corporation (CTAS) | 47.63% | 28.19% | 39.23% | - 0.83% | 11 |
| 170) Flextronics International Ltd (FLEX) | 90.04% | 56.50% | 64.07% | + 2.12% | 11 |
| 171) PG&E Corporation (PCG) | 32.82% | 16.06% | 21.93% | + 2.01% | 11 |
| 172) Penney (J.C.) Company, Inc. (JCP) | 45.72% | 31.00% | 39.44% | - 3.01% | 11 |
| 173) USA Networks, Inc (USAI) | 126.91% | 50.19% | 55.06% | + 0.27% | 11 |
| 174) Telesp Participacoes SA ADS (TSP) | 95.95% | 57.76% | 69.75% | -11.89% | 11 |
| 175) Quintiles Transnational Corpo (QTRN) | 67.91% | 46.77% | 53.95% | - 3.90% | 11 |
| 176) Microchip Technology, Inc. (MCHP) | 118.77% | 60.10% | 76.83% | - 5.05% | 11 |
| 177) Newmont Mining Corporation (NEM) | 81.14% | 51.63% | 65.79% | - 1.53% | 11 |
| 178) Delta Air Lines, Inc. (DAL) | 57.32% | 34.08% | 45.24% | - 1.77% | 11 |
| 179) ALLTEL Corporation (AT) | 37.48% | 28.85% | 32.65% | - 0.57% | 11 |
| 180) Telebras HOLDRS (TBH) | 95.57% | 45.25% | 57.40% | - 1.05% | 11 |
| 181) Microsoft Corporation (MSFT) | 48.79% | 17.54% | 41.13% | + 1.66% | 12 |
| 182) Hewlett-Packard Company (HWP) | 58.19% | 33.86% | 41.69% | + 0.93% | 12 |
| 183) Interim Services, Inc. (IS) | 72.39% | 49.49% | 58.20% | -14.18% | 12 |
| 184) Pharmacia & Upjohn, Inc. (PNU) | 38.44% | 29.56% | 34.56% | - 0.87% | 12 |
| 185) Novell, Inc. (NOVL) | 65.96% | 43.95% | 56.16% | + 2.43% | 12 |
| 186) Solectron Corporation (SLR) | 60.59% | 39.94% | 49.88% | + 9.94% | 12 |
| 187) ADC Telecommunications, Inc. (ADCT) | 75.78% | 48.79% | 63.27% | - 2.43% | 12 |
| 188) Maxim Integrated Products, In (MXIM) | 75.38% | 54.16% | 61.23% | - 0.82% | 12 |
| 189) RealNetworks Inc. (RNWK) | 168.41% | 93.12% | 117.61% | - 1.74% | 12 |
| 190) BCE, Inc. (BCE) | 35.27% | 27.46% | 32.58% | + 0.33% | 12 |
| 191) Telefonos de Mexico, S.A. de (TMX) | 56.58% | 36.62% | 42.83% | - 0.94% | 12 |
| 192) Safeway, Inc. (SWY) | 52.08% | 27.78% | 39.91% | - 3.08% | 12 |
| 193) Lehman Brothers Holdings, Inc (LEH) | 74.90% | 46.22% | 60.68% | - 1.58% | 12 |
| 194) Vitesse Semiconductor Corpora (VTSS) | 76.83% | 51.27% | 64.00% | +12.74% | 12 |
| 195) Jabil Circuit, Inc. (JBL) | 81.82% | 53.37% | 66.29% | - 4.10% | 12 |
| 196) UNUM Corporation (UNM) | 46.01% | 28.65% | 36.30% | - 0.66% | 12 |
| 197) Family Dollar Stores, Inc. (FDO) | 71.52% | 40.92% | 48.78% | -11.13% | 12 |
| 198) Genzyme Corporation (GENZ) | 72.38% | 44.93% | 57.16% | - 2.34% | 12 |
| 199) America Online, Inc. (AOL) | 116.67% | 52.93% | 79.42% | + 0.91% | 13 |
| 200) Banc One Corporation (ONE) | 41.70% | 31.85% | 36.77% | - 0.86% | 13 |
