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| Competitive Advantage |
| Average Dollar Volume |
| Average Dollar Volume, which represents the average total daily dollar value of the company's stock that traded during a given period, shows a drop of over one-fifth from the Amex daily value. This chart illustrates a trend in both falling prices and decreasing volume.*
Source: American Stock Exchange, Nasdaq, FactSet Research Systems, Inc.
Transfer performance is based upon the last 20 trading days on the American Stock Exchange versus subsequent three 20-day trading periods on Nasdaq for all companies that transferred to Nasdaq during 2005. *Other factors may impact Average Dollar Volume.
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