"Gavin Young's Investment Timer Reports ™" provide timing signals on several stocks and one mutual fund. The timing signals are based upon the editor's proprietary indicators. The Timer Reports also provide the editor's opinions about the outlook for several of the investments. The opinions are based upon the indicators, the overall interpretation of the investment charts, and news analysis.

Investments Currently Followed, As of May 7, 1998

• Apple Computer Inc. (AAPL) - Integrated Personal Computer System Manufacturer
• Kaufman Fund (KAUFX) - Aggressive Small Stock No-Load Mutual fund
• Microsoft Corporation (MSFT) - Largest Personal Computer Software Developer
• Paychex Inc. (PAYX) - Provider of Computerized Payroll-Accounting and Related Services
• Pixar Animation Studios (PIXR) - Creators of the Worlds First Completely Computer Generated Animated Film
• Volt Information Sciences, Inc. (VOL) - Technical Services and Temporary Staffing
• Wells Fargo & Company (WFC) - Commercial Bank

As of February 27, 1998, the Investment Timer Reports are no longer published via subscriber e-mail. However, the information will sometimes be included at "Gavin Young's Investment Information Service" web site. The reasons for this change are due to the large amounts of time required to provide that information and the willingness of readers to simply wait for the free time delayed reports on the web. Increasing readership of a subscriber newsletter is a tremendous undertaking. The editor's resources are better used in other pursuits. Far more money can be made via profitable personal investments than via newsletter subscriptions. However the editor enjoys sharing his insights with others, as a result, investment timing information is provided via the Investment Information Service web site.

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