Hannaian Intellectual Property Stock (HIPS) Research Analysis & Progress Report

These charts gives tracking information on stocks covered and reported in the Hannaian Intellectual Property Stock (HIPS) Research Focus. Results are based on potential purchases per $1,000 on stock bought at the intial price when first researched and sold at the highest price attained during our coverage through the last review date. Calculations are based on a buy and hold strategy. Trading a stock may have produced higher or lower results. In some cases additional gains were possible by buying an issue at a lower price than the initial coverage price. These progress charts represent the general progress and efficacy of the research service. Each individual's progress may be significantly different based on their trading skills, business approach, and work effort.

The following information is based on returns from a one thousand dollar investment ($1,000).

Symbol	Code	Date Coverage Initiated	Price at Start of Coverage	Highest Price Since Coverage (Splits Included)	Date of Highest Price Attained	Dollar Amount Gained Per Share	Percentage (%) Gain	# Shares per $1,000	Cash Gain per $1,000 Investment
PCTV	9810151	10/15/98	$ 0.21	$ 9.75	4/30/99	$ 9.54	4543%	4,761.90	$46,428.57
CORL	9809091	9/9/98	$ 1.25	$ 45.00	12/9/99	$ 43.75	3500%	800.00	$36,000.00
RNWK	9802012	2/1/98	$ 7.31	$ 186.00	12/10/99	$ 178.69	2444%	136.76	$25,437.64
LMKI	*9906101	6/10/99	$ 0.75	$ 18.38	12/9/99	$ 17.63	2350%	1,333.33	$24,500.00
AMZN	9802012	2/1/98	$ 4.91	$ 113.00	12/10/99	$ 108.09	2201%	203.67	$23,014.26
XNET	9811013	11/1/98	$ 0.30	$ 6.06	4/5/99	$ 5.76	1921%	3,333.33	$20,206.67
ICOR	9802021	2/2/98	$ 2.06	$ 36.23	12/10/99	$ 34.17	1657%	484.97	$17,572.26
BAMM	9811011	11/1/98	$ 2.94	$ 47.00	11/30/98	$ 44.06	1500%	340.43	$16,000.00
PLFM	9801271	1/27/98	$ 0.12	$ 1.91	5/1/98	$ 1.79	1488%	8,333.33	$15,883.33
DVNT	9818061	6/18/98	$ 2.06	$ 29.00	12/8/99	$ 26.94	1306%	484.85	$14,060.61
CLRS	9905101	5/10/99	$ 5.56	$ 64.25	12/10/99	$ 58.69	1055%	179.78	$11,550.56
GMGC	9802041	2/4/99	$ 1.38	$ 14.94	6/24/98	$ 13.56	986%	727.27	$10,863.64
WAVX	9810012	10/1/98	$ 2.81	$ 29.00	3/31/99	$ 26.19	931%	355.62	$10,312.94
EUTC	9811171	11/17/99	$ 0.34	$ 3.00	10/1/99	$ 2.66	775%	2,915.45	$ 8,746.36
NSCT	9910211	10/21/99	$ 0.60	$ 3.94	10/26/99	$ 3.34	556%	1,666.67	$ 6,561.67
INTD	9806291	6/29/99	$ 1.47	$ 7.25	4/14/99	$ 5.78	394%	680.85	$ 4,936.17
OBJS	9904301	4/30/99	$ 0.56	$ 2.75	5/24/99	$ 2.19	389%	1,779.36	$ 4,893.24
BBTK	9904263	4/26/99	$ 2.56	$ 11.06	12/10/99	$ 8.50	332%	390.24	$ 4,317.07
COMX	9809161	9/16/98	$ 0.88	$ 3.50	3/24/99	$ 2.63	300%	1,142.86	$ 4,000.00
AEHCF	9905051	5/5/99	$ 0.50	$ 1.88	5/12/99	$ 1.38	275%	2,000.00	$ 3,750.00
OPTL	9809031	9/3/98	$ 0.88	$ 3.15	1/15/99	$ 2.28	260%	1,142.86	$ 3,600.00
QUOB	9911051	5/11/99	$ 0.90	$ 3.19	12/9/99	$ 2.29	254%	1,111.11	$ 3,541.67
AKLM	9802011	2/1/98	$ 3.88	$ 13.00	1/11/99	$ 9.13	235%	258.06	$ 3,354.84
PAPO	9908031	8/3/99	$ 0.63	$ 2.00	8/31/99	$ 1.38	220%	1,600.00	$ 3,200.00
SYBS	9810011	10/1/98	$ 5.88	$ 18.44	12/6/99	$ 12.56	214%	170.21	$ 3,138.21
VOXW	9811012	11/1/98	$ 0.75	$ 2.13	2/4/99	$ 1.38	183%	1,333.33	$ 2,833.33
ADOT	9907301	7/30/99	$ 0.19	$ 0.52	10/1/99	$ 0.33	175%	5,347.59	$ 2,754.01
NOVL	9810011	10/1/98	$ 11.63	$ 31.19	7/19/99	$ 19.56	168%	86.02	$ 2,682.75
PSQL	9811011	11/1/98	$ 10.38	$ 27.13	7/20/98	$ 16.75	161%	96.39	$ 2,614.46
VION	9810011	10/1/98	$ 3.00	$ 7.63	1/25/99	$ 4.63	154%	333.33	$ 2,541.67
TCSI	9903241	3/24/99	$ 1.69	$ 4.25	12/6/99	$ 2.56	152%	592.77	$ 2,519.26
AXNT	9904261	4/26/99	$ 9.94	$ 23.00	11/15/99	$ 13.06	131%	100.63	$ 2,314.58
DWTI	9912011	12/1/99	$ 3.47	$ 7.75	12/10/99	$ 4.28	123%	288.35	$ 2,234.72
STMI	9912053	12/5/99	$ 5.06	$ 11.25	12/8/99	$ 6.19	122%	197.55	$ 2,222.44
NETM	9712012	12/1/97	$ 2.78	$ 6.00	11/29/99	$ 3.22	116%	359.58	$ 2,157.50
FCM	9912052	12/5/99	$ 2.25	$ 4.75	12/10/99	$ 2.50	111%	444.44	$ 2,111.11
IACP	9801301	1/30/98	$ 2.23	$ 4.50	4/16/99	$ 2.27	101%	447.63	$ 2,014.32
TCLN	9811301	11/30/98	$ 1.00	$ 2.00	6/9/99	$ 1.00	100%	1,000.00	$ 2,000.00
WDC	9810013	10/1/98	$ 10.75	$ 21.44	1/13/99	$ 10.69	99%	93.02	$ 1,994.14
FOCS	9912051	12/5/99	$ 0.16	$ 0.30	12/9/99	$ 0.14	90%	6,402.05	$ 1,900.13
OICO	9802021	2/2/98	$ 4.19	$ 7.00	2/12/99	$ 2.81	67%	238.83	$ 1,671.84
WORC	9906151	6/15/99	$ 0.19	$ 0.31	9/28/99	$ 0.13	67%	5,347.59	$ 1,668.45
BITI	9904262	4/26/99	$ 0.44	$ 0.69	4/27/99	$ 0.25	57%	2,285.71	$ 1,571.43
XYBR	9808011	8/1/98	$ 5.56	$ 8.53	11/16/98	$ 2.97	53%	179.86	$ 1,534.35
VOCL	9711011	11/1/97	$ 12.00	$ 16.50	11/23/99	$ 4.50	38%	83.33	$ 1,375.00
CAPI	9905111	5/11/99	$ 0.69	$ 0.94	7/22/99	$ 0.25	36%	1,454.55	$ 1,363.64
OGPS	9911101	11/10/99	$ 1.04	$ 1.25	12/7/99	$ 0.21	20%	961.54	$ 1,201.92
IRCE	9906151	6/15/99	$ 0.25	$ 0.30	7/8/99	$ 0.05	19%	4,000.00	$ 1,187.50
LMTI	9906152	6/15/99	$ 0.39	$ 0.42	11/19/99	$ 0.03	8%	2,564.10	$ 1,076.92
ACLY	9904261	4/26/99	$ 3.13	$ 3.13	4/26/99	$ -	0%	320.00	$ -
PABN	9905151	5/15/99	$ 0.11	$ 0.11	5/15/99	$ -	0%	9,523.81	$ -

* This stock was available at two cents per share ($.02) just a few months prior to its coverage by Hannaian. A one thousand dollar investment at that time in Feburary 1999 would have returned $919,000.00 on December 9, 1999.

	Total Number of Stocks Covered	51.00
	Number of stocks gaining more than 50%	44.00
	Percentage of stocks gaining more than 50%	86%
	Number of stocks gaining more than 100%	39.00
	Percentage of stocks gaining more than 100%	76%
	Number of stocks gaining more than 300%	19.00
	Percentage of stocks gaining more than 300%	37%
	Number of stocks gaining more than 1000%	11.00
	Percentage of stocks gaining more than 1000%	22%
	Overall Average Percentage Gain	636%
	Overall Average Cash Gain	$7,321.87

Last Updated on 12/11/99
By Hannaian Publishing
Email: StockProgress@hannaian.com