Dear Shareware Vendor:

This  file  contains  our  distribution  policy and information on OWL 
Personal Portfolio Manager Version 1.1.


DISTRIBUTION POLICY:

'Otto-Williams  Ltd.  (OWL)  grants  you  a  license to distribute our 
shareware  in  its  original  form  provided  that  you distribute all  
files required for operation of the program (see below) and:

1.  You identify it as shareware with an appropriate definition.

2.  You  leave all intellectual property (including copyright notices) 
    in place.

3.  We  do  not  request  that  you  discontinue  distribution  of the 
    product.

To  summarize,  you  may  archive  our  programs,  unarchive  them and 
distribute  them  on  whatever  media you choose so long as you do not 
alter the program or accompaning data files in any way.  

We  want  the  widest possible distribution for our shareware programs 
and  will  be  glad  to  assist you in designing a distribution scheme 
which is appropriate for your operation.


FILES ON DISK:

OPPM41EX.EXE          Self extracting archive containing: 
                      OPPM.EXE - Main Program (REQUIRED)
OPPM41OV.EXE          Self extracting archive containing:
                      DGECGCD.OVL - CGAC graphics driver (REQUIRED)
                      DGECGMD.OVL - CGAM graphics driver (REQUIRED)
                      DGEVGAD.OVL - VGA/EGA driver (REQUIRED)
                      DGEHRCD.OVL - Hercules driver (REQUIRED)
                      HELP.DBF - Help system database (REQUIRED)
                      HELP.DBT - Help system database (REQUIRED)
                      CONFIG.DBF - User settings database (REQUIRED)
                      MPRN.DAT - Graphic printer drivers (REQUIRED)
OPPM41DB.EXE          Self extracting archive containing:
                      SEC.DBF - Data File (REQUIRED)
                      PUR.DBF - Data File (REQUIRED)
                      FOL.DBF - Data File (REQUIRED)
                      INC.DBF - Data File (REQUIRED)
                      PRICE.DBF - Data File (REQUIRED)
                      AL.DBF - Data File (REQUIRED)
README.1ST            ASCII  text  file  containing  installation  and 
                      startup  instructions  (REQUIRED  - we will work 
                      with  you  to  create  a  suitable substitute if 
                      needed to support your distribution approach).
INSTALL.BAT           Installation batch file (OPTIONAL).
FILE_ID.DIZ           ASCII   text   file   containing  brief  program 
                      description   suitable   for   catalog   listing 
                      (OPTIONAL)
VENDOR.DOC            ASCII  text file containing vendor instructions, 
                      file and program descriptions (OPTIONAL).


PROGRAM DESCRIPTION:

     Name:            OWL Personal Portfolio Manager
     Version:         4.1
     First Release:   1989
     Price:           $45.00
     Requirements     DOS  2.1  or above, 640K RAM, Dual Floppy Drives 
                      or Hard Disk


The  OWL  Personal Portfolio Manager (OPPM) Version 4.1 is designed to 
assist  users  with  the two related tasks of portfolio management and 
technical  analysis.   Technical  analysis features include four basic 
stock  charts  that  provide  price/volume graphs with multiple moving 
averages,  relative  strength,  correlation,  and  momentum  analysis.  
Additionally,  a  comparative  analysis  of  annualized  yields can be 
generated  to identify the best performing investments.  The portfolio 
management  features  of OPPM allow users to segregate different types 
of  investments into individual portfolios and generate reports on any 
combination   of   these   portfolios.   Version  4.1  is  capable  of 
maintaining  over  5000  securities  in  over 500 portfolios.  Fifteen 
standard  reports  can be customized by the user to generate on-screen 
or printed reports for specified portfolios and time spans.

The  ability to classify assets into separate portfolios and recombine 
these  portfolios  as  needed  is an important feature which separates 
OPPM  from  its  competition.   Separating  taxable,  tax exempt , tax 
deferred  and  ordinary  income assets into different portfolios gives 
users  the  flexibility  to generate reports for just the portfolio or 
combination  of portfolios they need.  For instance, at tax time users 
can  obtain  separate  income  and  capital  gains  reports  for their 
taxable,  tax deferred and non-taxable portfolios.  Later, a net worth 
report,  combining  all portfolios, can be generated to get a complete 
picture  of  the  user's  net  worth.   With  a  maximum  of  over 500 
portfolios,  users  are  free  to  define  additional portfolios track 
market  indexes,  perform what-if analysis or chart the performance of 
a market newsletter or broker's buy and sell recommendations.

Not  just  a  portfolio manager, OPPM provides sophisticated technical 
analysis  tools  which  are  widely  used by investment professionals.  
From  price/volume  charts  with  multiple moving averages to relative 
strength,   correlation   and   momentum   analysis,  OPPM's  charting 
capabilities   place   the  information  needed  to  make  intelligent 
investment decisions at the user's fingertips.

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