Tar heel stock watch.

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TAR HEEL STOCK WATCH Expensive stocks Highest price-earnings ratios among North Carolina stocks P/E 2/27/04 52-week Company ratio * price range Red Hat 361.8 $18.09 $5.26-21.88 Summit Properties 278.1 22.25 17.55-24.75 Capital Bank 117.3 17.60 13.20-18.12 RF Micro Devices 102.6 9.23 4.55-12.49 Nucor 78.6 62.90 36.50-63.80 Goodrich 71.9 29.49 12.20-32.90 Digital Recorders 63.3 2.53 2.06-3.00 Closure Medical 62.3 33.64 11.35-39.59 Charles & Colvard 56.5 4.52 3.05-6.23 Krispy Kreme Doughnuts 51.3 38.46 30.20-49.74 * Based on earnings per share in the last four quarters TAR HEEL STOCK WATCH Cheap stocks Lowest price-earnings ratios among North Carolina stocks P/E 2/27/04 52-week Company ratio * price range Air T 7.3 $5.03 $1.41-6.65 Standard Commercial 7.5 18.93 15.25-22.22 Investors Title 8.1 33.85 20.42-35.30 Embrex 10.1 11.00 6.36-15.90 CT Communications 11.1 11.99 6.94-14.94 Bank of America 11.5 81.92 64.26-84.90 Sonic Automotive 11.9 24.60 13.22-29.00 McRae Industries 12.0 10.80 6.07-11.51 EnPro Industries 12.2 19.60 3.75-20.17 SPX 12.3 42.00 30.73-63.16 * Based on earnings per share in the last four quarters TAR HEEL STOCK WATCH Top 10 large-cap stocks 3-month 1-year 52-week Company change change range Salix Pharmaceuticals 40.1% 420.7% $5.00-28.61 Red Hat 35.8 207.1 5.26-21.88 Cree 30.4 40.7 11.70-29.00 Inveresk Research Group 22.5 59.4 11.50-28.90 Duke Energy 21.7 62.5 12.21-22.49 Ruddick 18.3 63.7 11.97-20.48 Triad Guaranty 17.8 64.5 32.44-56.85 Martin Marietta Materials 15.3 78.0 26.10-50.69 First Citizens BancShares 14.1 33.9 89.51-126.64 Nucor 12.1 51.2 36.50-63.80 TAR HEEL STOCK WATCH Bottom 10 large-cap stocks 3-month 1-year 52-week Company change change range SPX (22.7)% 15.4% $30.73-63.16 RF...