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).

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
9810151	10/15/98	$ 0.21	$ 9.75	4/30/99	$ 9.54	4543%	4,761.90	$46,428.57
9809091	9/9/98	$ 1.25	$ 45.00	12/9/99	$ 43.75	3500%	800.00	$36,000.00
9802012	2/1/98	$ 7.31	$ 186.00	12/10/99	$ 178.69	2444%	136.76	$25,437.64
*9906101	6/10/99	$ 0.75	$ 18.38	12/9/99	$ 17.63	2350%	1,333.33	$24,500.00
9802012	2/1/98	$ 4.91	$ 113.00	12/10/99	$ 108.09	2201%	203.67	$23,014.26
9811013	11/1/98	$ 0.30	$ 6.06	4/5/99	$ 5.76	1921%	3,333.33	$20,206.67
9802021	2/2/98	$ 2.06	$ 36.23	12/10/99	$ 34.17	1657%	484.97	$17,572.26
9811011	11/1/98	$ 2.94	$ 47.00	11/30/98	$ 44.06	1500%	340.43	$16,000.00
9801271	1/27/98	$ 0.12	$ 1.91	5/1/98	$ 1.79	1488%	8,333.33	$15,883.33
9818061	6/18/98	$ 2.06	$29.00	12/08/99	$26.94	1306%	484.85	$14,060.61
9905101	5/10/99	$ 5.56	$ 64.25	12/10/99	$ 58.69	1055%	179.78	$11,550.56
9802041	2/4/99	$ 1.38	$ 14.94	6/24/98	$ 13.56	986%	727.27	$10,863.64
9810012	10/1/98	$ 2.81	$ 29.00	3/31/99	$ 26.19	931%	355.62	$10,312.94
9811171	11/17/99	$ 0.34	$ 3.00	10/1/99	$ 2.66	775%	2,915.45	$ 8,746.36
9910211	10/21/99	$ 0.60	$ 3.94	10/26/99	$ 3.34	556%	1,666.67	$ 6,561.67
9806291	6/29/99	$ 1.47	$ 7.25	4/14/99	$ 5.78	394%	680.85	$ 4,936.17
9904301	4/30/99	$ 0.56	$ 2.75	5/24/99	$ 2.19	389%	1,779.36	$ 4,893.24
9904263	4/26/99	$ 2.56	$ 11.06	12/10/99	$ 8.50	332%	390.24	$ 4,317.07
9809161	9/16/98	$ 0.88	$ 3.50	3/24/99	$ 2.63	300%	1,142.86	$ 4,000.00
9905051	5/5/99	$ 0.50	$ 1.88	5/12/99	$ 1.38	275%	2,000.00	$ 3,750.00
9809031	9/3/98	$ 0.88	$ 3.15	1/15/99	$ 2.28	260%	1,142.86	$ 3,600.00
9911051	5/11/99	$ 0.90	$ 3.19	12/9/99	$ 2.29	254%	1,111.11	$ 3,541.67
9802011	2/1/98	$ 3.88	$ 13.00	1/11/99	$ 9.13	235%	258.06	$ 3,354.84
9908031	8/3/99	$ 0.63	$ 2.00	8/31/99	$ 1.38	220%	1,600.00	$ 3,200.00
9810011	10/1/98	$ 5.88	$ 18.44	12/6/99	$ 12.56	214%	170.21	$ 3,138.21
9811012	11/1/98	$ 0.75	$ 2.13	2/4/99	$ 1.38	183%	1,333.33	$ 2,833.33
9907301	7/30/99	$ 0.19	$ 0.52	10/1/99	$ 0.33	175%	5,347.59	$ 2,754.01
9810011	10/1/98	$ 11.63	$ 31.19	7/19/99	$ 19.56	168%	86.02	$ 2,682.75
9811011	11/1/98	$ 10.38	$ 27.13	7/20/98	$ 16.75	161%	96.39	$ 2,614.46
9810011	10/1/98	$ 3.00	$ 7.63	1/25/99	$ 4.63	154%	333.33	$ 2,541.67
9903241	3/24/99	$ 1.69	$ 4.25	12/6/99	$ 2.56	152%	592.77	$ 2,519.26
9904261	4/26/99	$ 9.94	$ 23.00	11/15/99	$ 13.06	131%	100.63	$ 2,314.58
9912011	12/1/99	$ 3.47	$ 7.75	12/10/99	$ 4.28	123%	288.35	$ 2,234.72
9912053	12/5/99	$ 5.06	$ 11.25	12/8/99	$ 6.19	122%	197.55	$ 2,222.44
9712012	12/1/97	$ 2.78	$ 6.00	11/29/99	$ 3.22	116%	359.58	$ 2,157.50
9912052	12/5/99	$ 2.25	$ 4.75	12/10/99	$ 2.50	111%	444.44	$ 2,111.11
9801301	1/30/98	$ 2.23	$ 4.50	4/16/99	$ 2.27	101%	447.63	$ 2,014.32
9811301	11/30/98	$ 1.00	$ 2.00	6/9/99	$ 1.00	100%	1,000.00	$ 2,000.00
9810013	10/1/98	$ 10.75	$ 21.44	1/13/99	$ 10.69	99%	93.02	$ 1,994.14
9912051	12/5/99	$ 0.16	$ 0.30	12/9/99	$ 0.14	90%	6,402.05	$ 1,900.13
9802021	2/2/98	$ 4.19	$ 7.00	2/12/99	$ 2.81	67%	238.83	$ 1,671.84
9906151	6/15/99	$ 0.19	$ 0.31	9/28/99	$ 0.13	67%	5,347.59	$ 1,668.45
9904262	4/26/99	$ 0.44	$ 0.69	4/27/99	$ 0.25	57%	2,285.71	$ 1,571.43
9808011	8/1/98	$ 5.56	$ 8.53	11/16/98	$ 2.97	53%	179.86	$ 1,534.35
9711011	11/1/97	$ 12.00	$ 16.50	11/23/99	$ 4.50	38%	83.33	$ 1,375.00
9905111	5/11/99	$ 0.69	$ 0.94	7/22/99	$ 0.25	36%	1,454.55	$ 1,363.64
9911101	11/10/99	$ 1.04	$ 1.25	12/7/99	$ 0.21	20%	961.54	$ 1,201.92
9906151	6/15/99	$ 0.25	$ 0.30	7/8/99	$ 0.05	19%	4,000.00	$ 1,187.50
9906152	6/15/99	$ 0.39	$ 0.42	11/19/99	$ 0.03	8%	2,564.10	$ 1,076.92
9904261	4/26/99	$ 3.13	$ 3.13	4/26/99	$ -	0%	320.00	$ -
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