PRODUCT INFORMATION                  PA3.00                  PAGE 1 OF 4

The Personal Portfolio Analyzer, Release 3.0, is "shareware".  You are
authorized to try the program for a reasonable period of time.  You may
copy and share the program, un-altered, with others.  However, license
for use is granted only to persons who register directly with the
author.

The registration fee for the Personal Portfolio Analyzer, Release 3.0,
is $45.00.  This will make you a legally licensed user, and you will re-
ceive a program upgrade (available now, see below) and a printed user
manual at no additional charge.  Registration also includes product
support by letter or phone, and notification of new and related software
products when they are released.  If you are not satisfied with the
registered version of the program, or you cannot use it, your money will
be refunded.  Return of the product is not necessary.  You may remit
just $25.00 if you don't want the program upgrade and manual.

To register, print out the registration form, which is Appendix D in the
user manual.  Follow the directions on that form and send it directly to
the author, whose address is on that form.  Your name and address will
not be released to anyone else without your permission.

PRODUCT INFORMATION                                          PAGE 2 OF 4

The Registered version of the Personal Portfolio Analyzer has the fol-
lowing additional features not in the "shareware" version:

1. The Relative Strength feature compares the performance of any port-
   folio grouping with a "base" such as the Dow Jones Industrials.  That
   "base" can be ANY security except a cash-equivalent, and is selected
   with a moving bar from the Securities register.

2. Additional reports include:  Income and Taxability Analysis, List of
   Expected Payments, Expected Income by Month and Quarter (for budget-
   ing and financial planning), Bond Maturity Schedule, and Tax Informa-
   tion (for Schedule D).  Payment Frequency and First Month, and Taxa-
   bility (Federal and/or State), items are added to the Securities Reg-
   ister, and you can enter individual tax rates for each portfolio.

3. The Securities Register, Current Quote screen and Transaction Regis-
   ter can all be printed (without using Shift-PrtSc).  Your already-
   existing data files can be used without change.

4. An automatic hard disk INSTALL and setup program is included, along
   with a bound user manual that will lie flat on your desk.
PRODUCT INFORMATION                                          PAGE 3 OF 4

The Stock Charting System, available from the author now, draws and/or
prints volume-high-low-close bar charts for stocks, mutual funds and
other security types.  Up to 3 moving average lines may optionally be
included on each chart.  Other chart options include oscillators, on-
balance volume, trading bands, choice of line or bar graphs, and moving
average offsets.  In addition there is a full-screen relative strength
chart, on which any security can be used as the base.

The system supports both daily and weekly updating and a capacity of up
to 1,023 days and/or weeks of data for each security.  Volume and price
data may be "imported" from external ASCII files, or typed in by the
user manually.  Weekly-updated stock charts can be updated directly from
daily-updated charts.

Included is a built-in portfolio manager designed to measure portfolio
performance using the Internal Rate of Return for each individual tax
lot.  The Portfolio Performance report takes prices directly from the
stock charts and shows dynamic performance between any two dates for
which prices are available.  It can also automatically update current
quotes in the Personal Portfolio Analyzer.

PRODUCT INFORMATION                                          PAGE 4 OF 4

Both the Personal Portfolio Analyzer and the Stock Charting System (Re-
lease 3.0 and later versions) use the same catalog and portfolio files.
Therefore a high degree of interaction exists between the two programs.
Adding a new security or buying shares need only be done in one of the
programs - any transaction in one program is available in the other.

The Stock Charting System's user interface is similar to that of the
Personal Portfolio Analyzer; for instance you buy and sell securities in
the same way you are doing right now.  Use of both programs together
affords a powerful, integrated system of portfolio management and tech-
nical analysis.  The Stock Charting System is available directly from
the author.  Send for more information and sample reports and graphs.
