TAR HEEL STOCK WATCH.

• Position: Brief Article

TAR HEEL STOCK WATCH Expensive stocks (highest price-earnings ratios among North Carolina stocks) P/E Recent 52-week Company ratio price range Tangram Enterprise Solutions 157.1 $11.00 $0.88-18.50 RF Micro Devices 149.4 71.31 11.19-83.00 Cree 128.0 74.88 15.13-89.50 South Street Financial 79.7 6.38 6.25-8.00 Coca-Cola Bottling 53.7 51.00 45.00-60.00 Speizman Industries 46.3 4.63 2.88-5.97 US LEC 37.0 28.88 12.88-33.63 CT Communications 35.1 50.56 35.88-70.00 CommScope 33.0 37.63 15.88-46.38 Lowe's 30.8 52.69 43.00-66.44 Cheap stocks (lowest price-earnings ratios among North Carolina stocks) P/E Recent 52-week Company ratio price range Midway Airlines 4.1 $6.25 $6.00-17.50 Reeds Jewelers 5.7 3.13 2.63-4.38 Market America 5.8 4.88 2.81-10.00 Kewaunee Scientific 7.0 10.00 9.00-12.00 Standard Commercial 7.1 3.25 2.75-9.25 Insteel Industries 7.7 9.06 4.88-9.88 Old Dominion Freight Line 7.8 12.38 8.13-15.00 Burlington Industries 8.0 3.69 3.50-11.00 Culp 8.3 6.19 5.13-11.06 United Dominion Industries 8.5 20.06 18.63-27.63 Rankings based on three-month price change October-December 3-month 1-year Recent 52-week Company change change price range Top 10 large-cap stocks Cree 126.0% 215.3% $74.88 $15.13-89.5O RF Micro Devices 38.8 470.5 71.31 11.19-83.00 Nucor 18.7 23.3 55.25 41.63-61.81 Pharmaceutical Product Dev. 15.6 (58.2) 12.50 8.56-38.50 CommScope 10.3 128.0 37.63 15.88-46.38 Unifi 9.1 (36.0) 12.00 10.56-21.25 Lowe's 8.8 3.6 52.69 43.00-66.44 Martin Marietta Materials 5.3 (28.7) 42.00 35.25-68.13 Quintiles Transnational 1.8 (64.4) 17.75 16.00-53.38 CCB Financial (0.5) (29.3) 40.81 40.00-59.13 Bottom 10 large-cap stocks Speedway Motorsports (40.8)% (3.9)% $26.25 $24.25-47.50 Oakwood Homes (29.3) (79.3) 3.31 1.19-20.63 Lance (28.5) (53.2) 9.25 9.00-20.50 Wachovia (23.4)...