In This Issue: •Lengthening Longevity: The world population is aging, which should open up opportunities for health care companies. •STARS Status: Changes in S&P analysts' STARS rankings for December 4 through December 15. •Medical Device Makers Face Obstacles: Drug-coated stents had a setback, and the FDA may be more vigilant. •Small-Cap Biotechs Could Benefit from M&A: Large-caps struggle to increase revenues amid heated competition. •Managed Care Gets Medicare Benefit: As new member trends turn negative, companies seek new growth opportunities. •Big Pharma Fights Back: Companies are taking action to offset losses from patent expirations. •Master List Stocks Update: Our three supervised Master List groups of stocks, recommended as core holdings for long-term investors, are regularly featured on these two pages. The Total Return Portfolio, highlighted this week, consists of stocks we like for income. •Top Ten Portfolio: This focused list, launched December 31, 2001, has had a total return of 33.4% from inception through November 30 vs. a gain of 33.2% for the S&P 500. Some of the Companies Featured: Baidu.com
Boeing
Celgene
Citizens Communications
Dollar General
Entravision Communications
Hasbro
Home Properties
InterContinental Hotels
Lennox International
Motorola
Oracle
Pfizer
Priceline.com
United States Steel
Washington Mutual | 
