2004 Buyback Companies, and their relative performance to the S&P500
( performance through May 10 2004, assumes buy on day after announcement )
Ticker Name Announcement
Date
Stock %
Change
S&P %
Change
Stock-S&P
WMT WAL-MART STORES 1/5/04 3.5% -3.3% 6.8%
BSC BEAR STEARNS COS 1/7/04 -3.3% -4.0% 0.6%
PSFT PEOPLESOFT INC 1/12/04 -22.8% -3.0% -19.7%
MHS MEDCO HEALTH SOL 1/14/04 -0.1% -4.0% 3.8%
BMY BRISTOL-MYER SQB 1/15/04 -16.0% -4.6% -11.3%
IP INTL PAPER CO 1/15/04 -11.3% -4.6% -6.7%
WB WACHOVIA CORP 1/15/04 -2.8% -4.6% 1.8%
ZION ZIONS BANCORP 1/20/04 -10.3% -5.3% -5.0%
SOTR SOUTHTRUST CORP 1/21/04 -5.1% -5.0% -0.1%
SYMC SYMANTEC CORP 1/21/04 23.0% -5.0% 28.0%
LUV SOUTHWEST AIR 1/22/04 -11.6% -4.8% -6.8%
VZ VERIZON COMMUNIC 1/22/04 -3.3% -4.8% 1.4%
AT ALLTEL CORP 1/23/04 -2.0% -5.9% 3.9%
BDX BECTON DICKINSON 1/27/04 14.4% -3.7% 18.1%
LEH LEHMAN BROS HLDG 1/27/04 -11.7% -3.7% -8.1%
BAC BANK OF AMERICA 1/28/04 -3.7% -4.1% 0.4%
MHP MCGRAW-HILL COS 1/28/04 2.0% -4.1% 6.1%
WWY WRIGLEY WM JR CO 1/28/04 6.8% -4.1% 11.0%
XEL XCEL ENERGY INC 1/29/04 -8.5% -3.9% -4.6%
AFL AFLAC INC 2/2/04 1.8% -4.3% 6.2%
FDC FIRST DATA CORP 2/2/04 12.7% -4.3% 17.0%
MDP MEREDITH CORP 2/2/04 2.0% -4.3% 6.3%
WEN WENDY'S INTL INC 2/2/04 -2.7% -4.3% 1.6%
CTL CENTURYTEL INC 2/3/04 6.4% -3.5% 9.9%
GCI GANNETT CO 2/9/04 -2.2% -5.1% 2.9%
JP JEFFERSON-PILOT 2/9/04 -10.4% -5.1% -5.3%
LNC LINCOLN NATL CRP 2/10/04 -7.0% -6.1% -0.9%
MER MERRILL LYNCH 2/10/04 -13.2% -6.1% -7.1%
PRU PRUDENTL FINL 2/10/04 -12.1% -6.1% -6.0%
RBK REEBOK INTL LTD 2/10/04 -9.1% -6.1% -3.0%
RX IMS HEALTH INC 2/10/04 -6.1% -6.1% 0.0%
MAY MAY DEPT STORES 2/12/04 -17.3% -5.1% -12.2%
CTX CENTEX CORP 2/17/04 -12.2% -5.6% -6.6%
GDT GUIDANT CORP 2/17/04 -5.6% -5.6% 0.0%
MTB M&T BANK CORP 2/18/04 -9.6% -5.2% -4.4%
TXN TEXAS INSTRUMENT 2/19/04 -16.3% -5.0% -11.3%
PNC PNC FINANCIAL SE 2/20/04 -8.2% -4.7% -3.5%
FO FORTUNE BRANDS 2/24/04 1.5% -4.9% 6.5%
IBM IBM 2/24/04 -10.0% -4.9% -5.1%
NVLS NOVELLUS SYS 2/24/04 -11.3% -4.9% -6.4%
LMT LOCKHEED MARTIN 2/26/04 3.2% -5.1% 8.2%
LTD LIMITED BRANDS 2/26/04 0.9% -5.1% 5.9%
SDS SUNGARD DATA SYS 2/26/04 -11.9% -5.1% -6.9%
CAH CARDINAL HEALTH 2/27/04 13.0% -6.0% 18.9%
FDC FIRST DATA CORP 2/27/04 5.6% -6.0% 11.5%
HD HOME DEPOT INC 2/27/04 -9.2% -6.0% -3.3%
SPLS STAPLES INC 3/4/04 -9.0% -6.0% -3.0%
MXIM MAXIM INTEGRATED 3/10/04 5.0% -1.8% 6.7%
NSM NATL SEMICONDUCT 3/11/04 2.7% -3.0% 5.7%
PTV PACTIV CORP 3/15/04 6.1% -2.1% 8.3%
AZO AUTOZONE INC 3/17/04 -1.1% -3.1% 2.0%
FCX FREEPORT-MCMOR-B 3/22/04 -24.9% -0.6% -24.3%
CMA COMERICA INC 3/23/04 -2.9% -0.4% -2.5%
AMAT APPLIED MATERIAL 3/24/04 -12.2% -2.0% -10.2%
PBG PEPSI BOTTLING 3/25/04 -2.5% -1.9% -0.6%
CCU CLEAR CHANNEL 3/30/04 -6.9% -3.5% -3.4%
CVX CHEVRONTEXACO 3/31/04 1.4% -4.0% 5.4%
ABI APPLIED BIOSYSTE 4/5/04 -7.0% -5.3% -1.7%
DELL DELL INC 4/8/04 0.8% -5.1% 5.9%
NYT NEW YORK TIMES-A 4/13/04 -3.8% -3.6% -0.2%
PPG PPG INDS INC 4/15/04 -7.3% -4.2% -3.1%
ROK ROCKWELL AUTOMAT 4/16/04 -8.6% -4.3% -4.3%
FHN FIRST HORIZON NA 4/20/04 2.7% -3.3% 5.9%
FDO FAMILY DOLLAR ST 4/22/04 -13.1% -4.7% -8.4%
TSG SABRE HOLDINGS 4/22/04 -8.6% -4.7% -3.9%
XLNX XILINX INC 4/22/04 -1.9% -4.7% 2.8%
HDI HARLEY-DAVIDSON 4/26/04 -5.3% -4.5% -0.8%
HBAN HUNTINGTON BANC 4/27/04 -0.9% -3.1% 2.2%
PBI PITNEY BOWES INC 4/27/04 -2.1% -3.1% 1.0%
PCAR PACCAR INC 4/27/04 -6.7% -3.1% -3.6%
WFC WELLS FARGO & CO 4/27/04 -2.7% -3.1% 0.5%
ACS AFFIL COMPUTER-A 4/29/04 -2.3% -1.8% -0.5%
ET E*TRADE FINANCIA 4/29/04 -4.0% -1.8% -2.1%
AET AETNA INC 4/30/04 -6.8% -2.7% -4.1%
MAR MARRIOTT INTL-A 4/30/04 -3.8% -2.7% -1.1%
MET METLIFE INC 5/4/04 -2.5% -3.1% 0.5%
SPG SIMON PROPERTY 5/6/04 0.2% -1.1% 1.2%
UPS UNITED PARCEL-B 5/6/04 -0.6% -1.1% 0.5%
PBI PITNEY BOWES INC 5/10/04 0.0% 0.0% 0.0%
Average 0.0%
Stdev 7.9%
N 79
% positive 45.6%