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TOP EIGHT MODEL PORTFOLIO MAY 1998
| 1. Brokerage & Investment Mgmt (FSLBX) |
| 2. Telecommunications (FSTCX) |
| 3. Leisure (FDLSX) |
| 4. Air Transportation (FSAIX) |
| 5. Multimedia (FBMPX) |
| 6. Retailing (FSRPX) |
| 7. Financial Services (FIDSX) |
| 8. Energy Service (FSESX) |
EXCHANGES FOR MAY 4, 1998
| Sell Utilities Growth (FSUTX), |
| buy Financial Services (FIDSX) |
| Sell Software & Computer Services (FSCSX), |
| buy Energy Service (FSESX) |
