SUMMARY OUTPUT

Regression Statistics
Multiple R 0.365825
R Square 0.133828
Adjusted R 0.115782
Standard Er 0.054022
Observatio 99

ANOVA
df SS MS F Significance F
Regression 2 0.043286 0.021643 7.416221 0.001012
Residual 96 0.280161 0.002918
Total 98 0.323447

Coefficients
Standard Error t Stat P-value Lower 95%Upper 95%Lower 95,0%
Intercept 0.11753 0.008844 13.28962 1.755E-23 0.099975 0.135085 0.099975
Number of 0.00012 6.276E-05 1.908067 0.059371 -4.83E-06 0.000244 -4.83E-06
Price/Sales 0.008776 0.002859 3.069691 0.002786 0.003101 0.014451 0.003101

RESIDUAL OUTPUT

Observation
Predicted Expected Growth
Residuals
1 0.136251 0.040941
2 0.136762 0.061865
3 0.129522 0.078823
4 0.133307 0.007899
5 0.12508 0.008967
6 0.127831 0.073078
7 0.17788 -0.080714
8 0.118488 -0.030988
9 0.12208 -0.053406
10 0.147799 -0.015106
11 0.183272 0.084421
12 0.131816 -0.013278
13 0.137768 0.096732
14 0.142901 -0.064151
15 0.134793 0.004651
16 0.136473 -0.021232
17 0.139509 -0.012009
18 0.141926 0.089034
19 0.195741 0.010625
20 0.149813 0.045529
21 0.142848 0.004986
22 0.195041 0.009201
23 0.163191 0.084577
24 0.149261 -0.002711
25 0.130757 -0.071257
26 0.136867 -0.049617
27 0.130111 -0.072778
28 0.14796 0.011812
29 0.146102 0.048064
30 0.144859 -0.029883
31 0.159532 0.03335
32 0.140557 0.06089
33 0.199309 -0.068051
34 0.143273 -0.016443
35 0.122551 -0.011836
36 0.125735 0.03855
37 0.127737 0.009451
38 0.122338 0.009091
39 0.143271 0.050529
40 0.12774 0.07726
41 0.124859 -0.026526
42 0.124154 -0.144154
43 0.149829 0.055033
44 0.141948 -0.026948
45 0.126043 0.048676
46 0.149782 0.031366
47 0.147643 0.000724
48 0.12232 -0.008283
49 0.127947 -0.019755
50 0.208737 0.020403
51 0.172306 -0.172306
52 0.167918 -0.167918
53 0.143893 0.03143
54 0.124024 0.001976
55 0.144688 -0.023414
56 0.147881 0.034285
57 0.16586 0.028351
58 0.133386 0.032641
59 0.169929 -0.016023
60 0.142875 -0.04093
61 0.127411 -0.072768
62 0.130834 -0.120834
63 0.126135 0.018031
64 0.12991 -0.022132
65 0.157758 0.031271
66 0.128085 0.024856
67 0.130131 -0.032403
68 0.130187 -0.055337
69 0.158329 -0.030131
70 0.127196 0.054054
71 0.201404 0.082311
72 0.189368 0.045798
73 0.149653 0.007973
74 0.1437 0.100883
75 0.13412 0.026747
76 0.176731 -0.102808
77 0.138189 0.023038
78 0.139886 0.013953
79 0.118847 0.054278
80 0.141917 0.007485
81 0.143491 0.001583
82 0.123373 0.006372
83 0.123697 -0.02453
84 0.128223 0.008515
85 0.132023 0.036643
86 0.163491 0.039409
87 0.13857 0.048353
88 0.13385 -0.011472
89 0.128721 -0.018721
90 0.13363 -0.038401
91 0.154786 0.033355
92 0.155008 -0.002329
93 0.145549 -0.046161
94 0.132591 -0.051758
95 0.134195 -0.02072
96 0.125949 -0.029207
97 0.210051 -0.035051
98 0.144866 -0.044536
99 0.173896 0.028896
Upper 95,0%
0.135085
0.000244
0.014451
Industry Name Expected Growth(Y) Number of Firms(X1) Price/Sales(X2) Net Margin
Advertising 17.72% 40 1.59 2.09%
Aerospace/Defense 19.86% 69 1.25 3.32%
Air Transport 20.83% 49 0.70 2.95%
Apparel 14.12% 57 1.02 2.97%
Auto & Truck 13.40% 28 0.48 1.50%
Auto Parts 20.09% 56 0.41 -0.18%
Bank 9.72% 504 0.00 0.00%
Bank (Canadian) 8.75% 8 0.00 0.00%
Bank (Midwest) 6.87% 38 0.00 0.00%
Beverage 13.27% 44 2.85 4.92%
Biotechnology 26.77% 103 6.09 8.00%
Building Materials 11.85% 49 0.96 1.90%
Cable TV 23.45% 23 1.99 3.23%
Canadian Energy 7.88% 13 2.71 8.10%
Chemical (Basic) 13.94% 19 1.71 3.57%
Chemical (Diversified) 11.52% 37 1.65 4.27%
Chemical (Specialty) 12.75% 90 1.28 2.88%
Coal 23.10% 18 2.53 3.88%
Computer Software/Svcs 20.64% 376 3.78 7.35%
Computers/Peripherals 19.53% 144 1.71 3.46%
Diversified Co. 14.78% 107 1.42 3.15%
Drug 20.42% 368 3.81 9.59%
E-Commerce 24.78% 56 4.44 2.93%
Educational Services 14.66% 39 3.08 4.18%
Electric Util. (Central) 5.95% 25 1.17 3.20%
Electric Utility (East) 8.73% 27 1.83 4.53%
Electric Utility (West) 5.73% 17 1.20 3.95%
Electrical Equipment 15.98% 86 2.29 6.07%
Electronics 19.42% 179 0.81 0.92%
Entertainment 11.50% 93 1.85 3.90%
Entertainment Tech 19.29% 38 4.27 -0.09%
Environmental 20.14% 89 1.41 2.94%
Financial Svcs. (Div.) 13.13% 294 5.31 34.12%
Food Processing 12.68% 123 1.26 3.04%
Food Wholesalers 11.07% 19 0.31 0.56%
Foreign Electronics 16.43% 10 0.80 1.41%
Furn/Home Furnishings 13.72% 39 0.63 2.09%
Grocery 13.14% 15 0.34 0.96%
Healthcare Information 19.38% 38 2.41 3.28%
Heavy Construction 20.50% 12 1.00 1.47%
Home Appliance 9.83% 11 0.69 2.26%
Homebuilding -2.00% 36 0.26 -2.47%
Hotel/Gaming 20.49% 75 2.66 3.90%
Household Products 11.50% 28 2.40 5.80%
Human Resources 17.47% 35 0.49 1.28%
Industrial Services 18.11% 196 1.00 1.91%
Information Services 14.84% 38 2.91 6.19%
Insurance (Life) 11.40% 40 0.00 0.00
Insurance (Prop/Cas.) 10.82% 87 0.00 0.00
Internet 22.91% 266 6.76 6.48%
Investment Co. 0.00% 18 6.00 -17.94%
Investment Co.(Foreign) 0.00% 15 5.54 10.31%
Machinery 17.53% 126 1.28 3.53%
Manuf. Housing/RV 12.60% 18 0.49 0.54%
Maritime 12.13% 52 2.39 8.04%
Medical Services 18.22% 178 1.03 2.70%
Medical Supplies 19.42% 274 1.77 3.87%
Metal Fabricating 16.60% 37 1.30 3.40%
Metals & Mining (Div.) 15.39% 78 4.91 9.31%
Natural Gas (Div.) 10.19% 31 2.47 6.70%
Natural Gas Utility 5.46% 26 0.77 2.16%
Newspaper 1.00% 18 1.27 4.30%
Office Equip/Supplies 14.42% 25 0.64 2.39%
Oil/Gas Distribution 10.78% 15 1.21 2.13%
Oilfield Svcs/Equip. 18.90% 113 3.04 8.43%
Packaging & Container 15.29% 35 0.73 1.81%
Paper/Forest Products 9.77% 39 0.90 2.61%
Petroleum (Integrated) 7.49% 26 1.09 4.40%
Petroleum (Producing) 12.82% 186 2.11 6.24%
Pharmacy Services 18.13% 19 0.84 1.59%
Power 28.37% 58 8.77 4.87%
Precious Metals 23.52% 84 7.04 8.85%
Precision Instrument 15.76% 103 2.25 4.12%
Property Management 24.46% 12 2.82 6.41%
Publishing 16.09% 40 1.34 2.20%
R.E.I.T. 7.39% 147 4.74 73.22%
Railroad 16.12% 16 2.14 6.92%
Recreation 15.38% 73 1.55 4.80%
Reinsurance 17.31% 11 0.00 0.00%
Restaurant 14.94% 75 1.76 4.54%
Retail (Special Lines) 14.51% 164 0.72 2.00%
Retail Automotive 12.97% 16 0.45 1.47%
Retail Building Supply 9.92% 9 0.58 2.63%
Retail Store 13.67% 42 0.65 1.81%
Securities Brokerage 16.87% 31 1.23 4.23%
Semiconductor 20.29% 138 3.35 5.87%
Semiconductor Equip 18.69% 16 2.18 6.49%
Shoe 12.24% 20 1.59 4.16%
Steel (General) 11.00% 26 0.92 3.43%
Steel (Integrated) 9.52% 14 1.64 5.78%
Telecom. Equipment 18.81% 124 2.55 4.89%
Telecom. Services 15.27% 152 2.20 4.24%
Thrift 9.94% 234 0.00 0.00%
Tobacco 8.08% 11 1.57 4.32%
Toiletries/Cosmetics 11.35% 21 1.61 3.23%
Trucking 9.67% 32 0.52 1.68%
Utility (Foreign) 17.50% 6 10.46 12.30%
Water Utility 10.03% 16 2.90 6.29%
Wireless Networking 20.28% 74 5.41 0.68%
Market 15.30% 7364 1.79 4.58%
 Payout Beta EV/Sales After-tax Operating Margin
10.28% 1.60 2.02 11.30%
14.17% 1.19 1.38 7.50%
10.48% 1.40 0.89 10.28%
9.15% 0.87 1.14 8.49%
11.49% 1.54 0.83 8.68%
NA 1.45 0.54 5.47%
48.34% 0.63 NA NA
51.49% 0.67 NA NA
55.69% 0.85 NA NA
0.89 3.11 13.27%
0.00% 1.51 5.99 18.57%
10.39% 1.07 1.18 9.45%
3.03% 1.56 3.06 20.14%
12.88% 0.80 3.13 25.84%
22.99% 1.52 1.92 10.60%
17.70% 1.16 1.80 13.51%
18.40% 1.06 1.43 9.80%
15.07% 1.71 2.84 17.95%
11.00% 1.56 3.57 15.31%
7.27% 1.86 1.63 7.66%
11.32% 1.03 1.57 9.29%
26.34% 1.78 3.75 22.91%
1.53% 2.08 4.05 7.95%
2.19% 1.27 2.93 10.67%
32.61% 0.93 1.98 14.57%
32.15% 0.84 2.65 16.31%
22.84% 0.88 1.87 16.43%
26.92% 1.35 3.80 37.22%
4.43% 1.32 0.82 5.05%
12.07% 1.53 2.40 16.21%
NA 2.06 3.74 -2.48%
18.93% 1.00 2.01 13.15%
25.82% 1.14 14.13 126.08%
24.79% 0.77 1.45 7.64%
26.52% 0.79 0.44 3.03%
18.02% 1.08 0.80 5.66%
16.41% 1.10 0.78 7.34%
11.65% 0.99 0.44 3.38%
4.08% 0.91 2.48 12.14%
4.84% 1.25 0.95 2.91%
12.00% 0.95 0.79 6.98%
5.64% 1.64 0.55 5.01%
14.63% 1.25 3.50 16.01%
22.64% 0.89 2.75 15.12%
8.90% 1.38 0.46 3.33%
8.44% 1.22 1.16 7.93%
15.61% 1.05 3.08 15.49%
29.95% 0.94 NA NA
15.69% 0.89 NA NA
 0.52% 1.97 6.38 14.34%
NA 0.71 5.97 0.00%
0.00% 1.31 5.31 8.48%
11.09% 1.19 1.53 9.62%
16.26% 1.92 0.49 2.47%
18.33% 0.87 3.45 27.23%
1.32% 1.10 1.12 7.79%
16.28% 1.43 1.83 8.98%
10.28% 1.19 1.38 10.41%
14.45% 1.05 5.11 23.90%
12.38% 0.93 3.15 25.11%
30.29% 0.78 1.26 9.68%
18.24% 1.21 1.87 15.49%
8.68% 1.13 0.78 7.06%
43.13% 0.72 1.64 9.32%
5.16% 1.10 3.27 18.68%
16.30% 1.12 1.07 9.46%
25.39% 0.93 1.20 11.12%
12.53% 1.02 1.13 10.91%
4.09% 1.00 2.48 26.14%
5.78% 1.07 0.91 1.64%
1.24% 1.87 9.65 15.08%
13.08% 1.11 7.09 30.10%
6.86% 1.66 2.23 10.63%
12.98% 0.91 4.90 32.99%
13.81% 1.35 1.77 11.11%
86.18% 0.90 6.16 18.90%
13.03% 1.23 2.63 20.06%
22.24% 1.54 1.88 15.25%
12.64% 1.01 NA NA
19.79% 0.93 1.94 12.05%
8.79% 1.26 0.72 6.10%
2.72% 1.58 0.61 4.69%
12.84% 1.23 0.68 7.66%
11.51% 1.11 0.72 4.71%
12.82% 1.66 2.38 23.18%
19.60% 2.59 3.11 22.13%
5.29% 2.51 2.04 18.11%
11.98% 1.47 1.49 8.70%
7.60% 1.71 0.94 9.59%
7.61% 1.97 1.84 14.78%
11.47% 1.98 2.30 11.08%
55.16% 1.34 2.84 24.23%
58.41% 0.59 NA NA
67.86% 0.70 1.65 6.66%
22.22% 0.85 1.78 8.76%
6.14% 1.04 0.74 9.16%
0.00% 1.01 10.30 15.71%
22.25% 0.78 4.33 25.36%
10.55% 2.20 5.85 10.67%
18.73% 1.24 2.11 14.25%