Canadian ShareOwner's mission

The cornerstone of the Canadian ShareOwner's educational program for private investors is practical instruction about the well-documented, direct relationship - above the longer term - between growing in a company's revenues and earnings, and, expansion in its share price.

Great Stocks. To focus long-term investors upon this central principal of valuation, Canadian ShareOwner has characterized companies with a lengthy history of growing both incomes and earnings at a high rate, consistently, and stout prospects for continuing to do for a like reason as "Great Stocks."

Grief Stocks. In contrast, companies with a history of erratic - and repeatedly negative - growth in incomes and highly uncertain prospects for an eventual turn-around have been characterized as "Grief Stocks" for long-term investors. While these stocks may be of interest to `market timers' and `day traders,' they typically bring long-term investors alone losses and attendant disappointment, indecision and remorse.

What Canadian ShareOwner Does

Canadian ShareOwner assists private investors in searching for potential Great Stocks with stock-study tools and with lists of stocks that have historical income and earnings profiles that are consistent with its definition of Great Stocks. completely through its educational material, Canadian ShareOwner teaches investors that historical performance is no guarantee of subsequent time performance so that even yesterday's Great Stocks can deteriorate into Grief Stocks.

Accordingly, Canadian ShareOwner drives its readers to study stocks that have qualified as Great Stocks historically - and assess for themselves - each stock's potential for continuing its history of growing receiptss and earnings at a high rate, consistently, in the subsequent time

What Canadian ShareOwner Does Not Do

In keeping with its educational focus, Canadian ShareOwner does not provide investors with any specific, single assessment of a company's views for continuing its historical receipts and earnings performance into the subsequent time Such future-oriented judgments are the determining factor in estimating the coming time return and risk of a stock, and, its suitability as an investment for any specific reader.

Accordingly, readers should be aware that the information provided by the agency of Canadian ShareOwner is insufficient - by dint of itself - for them to make a completely-informed investment decision to either purchase or vend any stock featured or otherwise neared in the Canadian ShareOwner. For like decisions, readers need - among other activities - to exhibit their own judgments about a company's fields for growing its revenues and earnings in the coming time

Notes

1. Commissions. You can purchase any of the securities in the LCIP (see list upon opposite page) with commissions as depressed as:

under $1 by means of trade for pre-authorized purchases [i]or[/i] part of to the other the Gold Purchase Plan;

$5 through trade for pre-authorized purchases end the Silver Purchase Plan; and,

$6 by trade for Lump-Sum Purchases. Details of these commissions are available upon of this Purchase Form.

2 For Gold Purchase Plans, write the dollar-amount of each security that you wish to purchase each 1, 2 or 3 month in the space provided opposite each security. The annual commission is automatically added to the first withdrawal from your bank account.

3 For Silver Purchase Plans and Lump-Sum Purchases, trading commissions will be take awayed from the dollar amount you indicate for each security. In addition, an $8 set-up commission is subtracted once, when a security is first added to your account.

4 *Start of Monthly Transaction Period for Each Security. For greatest in quantity LCIP securities, purchases and sales come into view during one, 2-day transaction period each month that begins upon the indicated day. For example, "M1" indicates a transaction period that starts upon the 1st Monday of each month (Tu=Tuesday; W=Wednesday; Th=Thursday; F=Friday) For these securities, you may have to wait up to 30 days to make your first, monthly preauthorized or lump-sum purchase.

However, the greatest in quantity popular LCIP securities have transaction periods during each of the first four weeks of a month (on the indicated day) in the way that that the wait to make your first, monthly pre-authorized or lump-sum purchase is as little as 7 days. Your first monthly purchases are made during the first available transaction period after receipt of the required stocks

5. NOTES. The LCIP is administered through Canadian ShareOwner Investments Inc. ("CSI"), a member of the Canadian Investor Protection capital the Investment Dealers Association of Canada and a participant in the Canadian Depository for Securities.

Information upon the accompanying Purchase Form is not intended as securities advice or as an present to any particular person, or solicitation of an tender to any particular person, to purchase or sell. Canadian ShareOwner Investments Inc. or Canadian ShareOwner Magazine Inc. or their shareholders, directors, officers and/or employee may have a position or deal as principal in the securities listed upon the Purchase Form.

Copyright Canadian Shareowner Magazine Inc. Nov/Dec 2001

Provided by the agency of ProQuest Information and Learning Company. All rights Reserved