<Back to Chapter 3>
<Back to List of Tables>
TABLE 3-1b.  A Comparison of Average and Median QS Holdings Between Initial Issuance and Year-end 1996                                              2

                   Initial            1996    Net Change      Percent               Initial            1996    Net Change      Percent
                    Median        Year-end    in Median       Change                Average        Year-end      in Avg.       Change
Area               QS Held       Median QS     QS Units      Median QS              QS Held         Avg. QS     QS Units       Mean QS
-----             --------      ----------    ----------    ----------             --------       ---------    -----------    --------

 2C      |          10,093          12,081         1,988       19.7       |          24,782          30,742         5,960       24.0

 3A      |          14,993          16,954         1,961       13.1       |          60,294          72,535        12,241       20.3

 3B      |          15,138          19,127         3,989       26.4       |          51,344          64,230        12,886       25.1

 4A      |           8,714          11,746         3,032       34.8       |          27,427          33,307         5,880       21.4

 4B      |          31,563          32,732         1,169        3.7       |          61,483          65,825         4,342        7.1

 4C      |          29,875          31,483         1,608        5.4       |          49,615          49,615             0        0.0

 4D      |          44,677          45,760         1,083        2.4       |          70,448          70,448             0        0.0

 4E      |             361             361             0        0.0       |           1,346           1,346             0        0.0