Article that was published in The Journal News on 6/19/02,

including quotes from Frank Sisco, CPA, PFS

Note: This information is provided by Frank Sisco, CPA, PFS in his role as a principal of Financial Management Corporation, a registered investment advisor and financial advisory firm, located at 550 Mamaroneck Avenue, Suite 103, Harrison, NY 10528, and not necessarily as a registered representative of FSC Securities Corporation, a registered broker/dealer and member of NASD and SIPC, which is owned by Sun America which is in turn owned by AIG, the very large international financial services company.

By Frank Sisco, 6/19/2002

 Note: Please refer to other information on this website (Article written by Frank Sisco on 9/14/2001 called "Possible Effects on The Stock Market from the 9/11/01 Attack) which is provided as a starting point to help individuals to decide whether to sell or to hold their equity-related investments that do not have principal protection. The info is a guide and must be evaluated only after detailed discussions of the individuals' particular circumstances, such as financial info (e.g. assets, income, cash flow, business or job, etc.) and other info which is perhaps even more critical (e.g. family context and relationships, risk tolerance level, emotional considerations, prior experiences with loss, etc.). After reviewing this info, individuals interested in further guidance should contact Frank Sisco, CPA, PFS at 914.381.3737 (or email - ideasmoney@aol.com, or fax at 914.698.5335) to arrange an appointment to discuss strategies tailored to their situation. This info is designed to set forth the key elements of deciding whether to sell or to hold equity securities (e.g. common stocks, mutual funds and variable annuities thereof, etc.) This info does not pertain to decisions to buy investments, except that if an individual determines it appropriate to sell unprotected equity investments then that individual might find it appropriate to buy the type of equity investments which have principal protection and/or non-equity investments which have principal protection such as bonds, CDs or money market funds. For example, it might be wise to sell current unprotected equity positions, and reinvest a portion of the proceeds into CDs and bonds and a portion of the proceeds into certain equity investments which have guarantees that protect principal after a certain time period (e.g. FDIC-insured equity-linked CDs issued by banks). In addition, this info applies mainly to a retail investor (and one who has less than "excess" wealth), who usually has limited tolerance for risk and shorter time horizons. Furthermore, the info does not pertain to either institutional investors or to retail speculators or very aggressive investors.

For context, certain stock market indexes at the time of this writing (closing prices on 6/18/2002 per 6/19/02, New York Times , page C10) were:

Dow Jones Industrial Average -9,706.12

Standards and Poors 500 Composite - 1,037.14

Nasdaq Composite - 1,542.96

Russel 2000 - 469.71

Wilshire 5000 - 9,814.86