TABLE 1. The Five Least Expensive Newsletters with Long-Term Performance Records (Thru 3/31/03)

TABLE 1. The Five Least Expensive Newsletters with Long-Term Performance Records (Thru 3/31/03)
Annual Subscription	Contact	Newsletter	Over 5 Years (thru 3/31/03)		Over 10 Years (thru 3/31/03)
Annual Subscription	Contact	Newsletter	Annual Gain (%)	Risk-Adj Ratio*	Annual Gain (%)	Risk-Adj Ratio*
$69	877/665-6818	The Ruff Times	-6.3	-0.01	+1.3	0.01
$54	757/877-5979	The Bowser Report	-3.1	-0.01	-0.4	0.01
$39	508/757-2881	The Contrarian's View	-1.6	-0.10	-2.7	-0.16
$35	800/532-2322	Graphic Fund Forecaster	+2.1	-0.03	+3.3	-0.01
$0	www.tbpnewsletter.com	The Big Picture	-8.2	-0.20	+3.0	-0.01
*The risk-adjusted ratio relates the performance return to the level of risk; the higher the ratio, the greater the return per unit of risk.