PRODUCT INFORMATION                     SM3.11                      PAGE 1 OF 4

As of July 15, 1991 the latest version of the Stock Charting System is Release
3.21.  This release has some features not found in Release 3.11:

1. If you are upgrading from Release 2.5 or an earlier version, Release 3.11
   cannot read the index file (INDEXFIL.SMX) which contains the list of stocks.
   Therefore you will have to re-add all of your stocks (but not the price
   histories).  Release 3.21 will automatically convert the list of stocks to
   a newer and better file format.

2. Release 3.21 allows larger price history files (up to 1023 days or weeks),
   and also allows you to change or correct the security type (Release 2.5 does
   not have the security type, which is needed in later versions).

3. Release 3.21 allows historical volume and price data to be "printed" to an
   ASCII file on disk.  From there it can be "exported" to other programs.

Those who register will receive upgraded software with the above enhancements.
More enhancements are planned for future releases.  These include more informa-
tion on portfolio reports, weighted moving averages, and other new features.
Suggestions & comments are welcome and may be addressed directly to the author.

PRODUCT INFORMATION                                                 PAGE 2 OF 4

The author is frequently making small improvements and adding new features.
Registered users will be notified when a new version is released.  Historically
on average one or two new versions of the Stock Charting System have been re-
leased every calendar year.

The Personal Portfolio Analyzer, available from the author now, is a "portfolio
manager" product with similarities to the portfolio manager in the Stock Char-
ting System.  It can use the Stock Charting System's catalog (the list of sec-
urities on the Stock Select screen), so any security that exists in the Stock
Charting System automatically is available in the Personal Portfolio Analyzer
(and vice versa).

One difference between the two software products is the Personal Portfolio An-
alyzer requires manual entry of current prices and does not maintain a histori-
cal record of volume and price data; while the portfolio manager feature in the
Stock Charting System gets price data directly from the stock charts.

See the next screen page for reasons to obtain the Personal Portfolio Analyzer
and use it along with the Stock Charting System.


PRODUCT INFORMATION                                                 PAGE 3 OF 4

The Personal Portfolio Analyzer has a user interface similar to that of the
Stock Charting System; for instance you buy and sell securities in the same way
as you can do right now.  It generates four kinds of reports:

The Income and Tax Analysis reports compute taxable and non-taxable income,
yield on market and yield on cost.  All transactions in the same security are
combined in this report.  Total expected income is broken down by taxability
(Federal, State and non-taxable), by month and quarter, and by security type.
For each security you can specify the payment interval (quarterly, semi-annual-
ly, etc.) and the payment month.  For each individual portfolio you can specify
the Federal and State incremental tax rates.

Expected individual dividend and interest payments for the next 12 months can
be printed out, to use as a check list and for budgeting purposes.

A Realized Gains and Losses report shows you all information you need for the
Schedule D part of your tax return; also it calculates holding periods in years
and months and sorts the data by holding period.  The totals can be broken down
by security type.


PRODUCT INFORMATION                                                 PAGE 4 OF 4

The Gain or Loss since Purchase report shows gains, losses, holding periods and
other information for individual tax lots and breaks the totals down by securi-
ty type, by category, and by portfolio name.

Any buy/sell transaction you enter in the Personal Portfolio Analyzer is avail-
able to the Stock Charting System (and vice versa).  Also when you update cur-
rent prices in the Stock Charting System (using D or W from the Master Menu),
those prices are automatically made available to the Personal Portfolio Analy-
zer.  Up to four portfolios can be combined in all reports.

The Personal Portfolio Analyzer is available directly from the author.  Send
for more information and sample reports.

If you pilot a general aviation aircraft, either as a private pilot or for a
corporate flight department, send for information on the Flight Plan System,
another product by Charles Pack.  It uses information from a database of air-
ports and electronic navigation aids to prepare a flight log that can be used
in the cockpit, and calculates the most efficient altitudes for fuel burn or
time enroute.
