Como se combate o populismo? "Com eleições", responde Fukuyama

[Alfred E. Neuman]

Marketocracy Stock Alerts - www.marketocracy.com
November 9, 2004 - Page 2 of 3

STRONG BUYS
When the best investors are buying and the rest are selling

99 Cents Only Stores (NDN) Recent Price $15.93
99 Cents Only Stores is a deep-discount retailer of general merchandise in the United States. Recently,
the company reported earnings that fell below analyst expectations. The results also were much lower
than the same quarter one year ago, though they did include an increase in sales over that same period.
Best increased holdings by +52% Rest decreased holdings by —1%
After holding a steady position in the NDN through August and September, the best investors began to
add modestly to their position in NDN over the course of early and middle October. However, the buys
increased considerably over the last two weeks, a period which saw the best increase their investment
in NDN by 52%. The purchases were all made at $15.44 per share. Meanwhile, the rest decreased their
holdings by 1% over the same period. For more recent trading direction on NDN click here.

Internet Security Systems (ISSX) Recent Price $22.92
ISSX is a provider of network security products and services that help to protect businesses from
network and system risks. The company recently released earnings showing a 17% increase in net
income over sequential quarters, during a quarter where they purchased back shares of their own stock.
Best increased holdings by +78% Rest decreased holdings by —2%
Though the best were heavily selling ISSX as recently as mid-October, they recently jumped back into the
Info Tech security company. The best cut their holdings in half during the middle of Oct.; however, they’ve
returned to increase their holdings of ISSX by 78% over the last two weeks. The buys came at prices
ranging between $21.04 - $22.28 per share, and represent the largest trading volume among this week’s
Stock Alert Strong Buys. The rest have been sellers over the last 14 days, reducing their position in ISSX
by 2% during the period. For more recent trading direction on ISSX click here.

E Trade Group, Inc. (ET) Recent Price $13.04
E Trade is a global financial services holding company that offers a range of financial products to both
retail and institutional customers. The firm is engaged in a heated battle for customers with several other
financial services companies - including Charles Schwab which has recently restructured management.
Best increased holdings by +13% Rest decreased holdings by —1%
ET had been a steady holding throughout the end of Summer and into Fall. Then, in the beginning of
October, the top group reduced their holdings by roughly 25%. But in the last two weeks, they’ve bought
back into shares of the stock, even as the rest continue to sell. The group’s purchases were all made
between $12.00 - $13.30 per share. For the 14 day period, the best have increased shares held by 13%,
while the rest have decreased their holdings by 1%. For more recent trading direction on ET click here.

A ET está disponivel no BIG e está com bom especto.

Stock Alerts Watch List:
We keep 18 stocks on our Stock Alert Watch List at any given time. We remove the stocks that the best
investors are not buying as strongly. Some stocks that get removed from the Watch List may still be in the
best’s portfolio. This week we are removing INTL, MCIP, and PRX from the Stock Alerts Watch List.

November 9, 2004
Stock Alerts



METHODOLOGY and FREQUENTLY ASKED QUESTIONS

Who are the “Best Investors?”
Marketocracy has recruited over 50,000 people from every state and 75 countries to manage
65,000 model portfolios. For more than 3 years we’ve been tracking their virtual trading activity at
www.marketocracy.com and have accumulated a massive database; monitoring 12,000 stock positions
and 5 million trades. It is a realistic and level “playing field” upon which anyone can compete.
Marketocracy constantly analyzes and ranks the stock picking ability of our investors based on a meritocracy
incorporating long-term track record and short-term performance. This process allows us to identify
the truly best and skilled investors whose investment style is performing in today’s market environment.
Then we segment them, calling the top quartile the “best investors” and the bottom 3 quartiles “the rest.”

How does Marketocracy find “Strong Buys?”
Marketocracy analyzes the comparative trading activity
between the best investors and the rest. These
differentials account for much of the difference in
performance between the best and worst investors.
We compare the trading activity of the top quartile with
the 3 bottom quartiles for over 10,000 stocks to identify
around 300 with strong investment indicators and
categorize them into one of four boxes in the