1. Select 2 U.S. stocks that have either outperformed or underperformed the general market during a specific period of time.
2. Recreate the graph in Exhibit 4-2 for your two stocks and the S&P 500. Please use the appropriate time period that is applicable to the 2 stocks that you selected.
3. Provide some insight and a high level assessment of the drivers of performance of that stock during that period.

EXHIBIT 4-2 Value of US$1 Invested from January 1990 to January 2002, Enron versus S&P 500 Composite Index 1 Jan 1990 = $1 18 16 14 12 10 8 6 Enron 4 2 S&P 500 0 1/Jan/90 1/Sep/90 1/May/91 1/Jan/92 1/Sep/92 1/May/93 1/Jan/94 1/Sep/94 1/May/95 1/Jan/96 1/Sep/96 1/May/97 1/Jan/98 1/Sep/98 1/May/99 1/Jan/00 1/Sep/00 1/May/01 1/Jan/02 EXHIBIT 4-2 Value of US$1 Invested from January 1990 to January 2002, Enron versus S&P 500 Composite Index 1 Jan 1990 = $1 18 16 14 12 10 8 6 Enron 4 2 S&P 500 0 1/Jan/90 1/Sep/90 1/May/91 1/Jan/92 1/Sep/92 1/May/93 1/Jan/94 1/Sep/94 1/May/95 1/Jan/96 1/Sep/96 1/May/97 1/Jan/98 1/Sep/98 1/May/99 1/Jan/00 1/Sep/00 1/May/01 1/Jan/02