No. of Recommendations: 3
Here's this week's edition of the China Five Index compared with other indexes, 
from the inception of the index (7/8/03) to this weekend:

                                                             Gain or
               07/08/03   08/22/03   Gain or   Annualized    Loss
               Open       Close      Loss      Gain or Loss  ThisWeek
   Index       Price      Price      SinceBeg  Since Beg.    8/18-22
   ------      -------    -------    ------     --------     -------
   DJIA        9198.16    9348.87    + 1.64%                  +0.29%
   S&P500      1001.46     993.06    - 0.84%                  +0.24%
   Nasdaq      1715.99    1765.32    + 2.87%                  +3.72%

   Nikkei      9899.87   10281.17    + 3.85%    (Japan)       +3.16%
   Hang Seng  10010.46   10760.73    + 7.49%   (Hong Kong)    +3.22%

   China Five  1000.00    1182.39    +18.24%    +158.07%      +4.00%
   China Conn  1000.00     996.92    - 0.31%    -  2.67%      +4.01%
   Big 5 Tech  1000.00    1032.17    + 3.22%    + 27.88%      +5.58%



China Five stocks: Nam Tai Electronics, NetEase.com, Sina Corp, Sohu.com, and UT Starcom 
The Big 5 Tech stocks: Dell Computer, Intel Corp, Microsoft, Cisco Systems, and Oracle

China Connection Index. This index includes the China Five, plus 
ASIA-AsiaInfo, 
CHINA-chinadotcom, PACT-PacificNet, PCNTF-Pacific Internet Ltd, CHL-China Mobile, 
& CHU-China Unicom.

All five major indexes were UP last week (a new column I added).

The China Five group continues to do well, and the China Connection index made a 
big recovery, thanks to 7 stocks of the 11 which were up significantly. 
The Big 5 Tech index did well also, primarily because of the good news from Intel which 
pushed the stock upwards.

Comments, questions, or suggestions?

Larry
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