More than 70 new features, enhancements, and repairs have been made to version 6.3 of Toolkit. This update is free to all registered users; when you next start the program, you will be prompted to automatically download and install the update.

Here are some of the new features provided in Toolkit 6.3:

Stock Study Front:

* A Buy/Sell/Hold indicator appears next to the Current Price on the Stock Study graph.

* View the values of the fiscal year sales and EPS estimates when you move the mouse over the points on the graph.

* R2 values on front of Stock Study and in Historical Growth screen are now re-calculated when outliers are removed. At the bottom of the graph, the original R2 values are crossed out if outliers are removed and the resulting R2 value is different.

* Users can turn off the growth rate reference lines (10%, 15%, 20%, etc.) from the graph display in Preferences.

* Analysts' future fiscal year sale estimates can now be added to the Stock Study graph.

* The Analysts' estimates dialog box has been reformatted, and now allows you to review, edit, or enter Sales estimates and analysts' consensus estimate growth rate. A link to your Web Links allows you to go to the Internet for retrieval of estimates information and data.

* The graphing functions have been improved, with easier dragging and dropping, better auto-scaling of items, and saving of custom-set graph positions to the database. Companies that previously initially displayed with historical data "off the graph" are now handled better.

Portfolios:

* Two new reports have been added to show the Diversification by Company Size and by Sector/Industry.

* From the Portfolio Alerts page, the "Check Trends" button goes to the Quarterly Trend Graph, instead of to the Quarterly Trend Report.

* On the Portfolio Review Report, the "5 Yr Ave P/E Ratio" column displays the user-selected future High and Low P/E Ratios in Section 4 (and the resulting average). However, the "Projected RV" on the Portfolio Review Report was using the "Average P/E Ratio" from Section 3 of the Stock Study, so the Projected Relative Value figure displayed on the Report would not be the same as the value a user could manually calculate from the P/E Ratios on the Report. As such, the "5 Yr Ave P/E Ratio" column has been renamed "Proj 5 Yr P/E Ratios" (since these are the user-selected future High and Low P/E Ratios in Section 4 are are forward-looking figure). The Projected Relative Value figure is now calculated by dividing the Current P/E Ratio by the Projected Average P/E Ratio (both as shown on the Portfolio Review Report).

Preferences:

* The preference options have been standardized to make it easier for users to understand and set desired behaviors. Some preferences have been reorganized and now appear on different tabs.

* A new preference allows you to turn off the Smart Data Updater when starting up the program.

Stock Study Back:

* New graphs of Return on Equity and Debt-to-Equity are provided in Section 2.

Data:

* The function to use a data source on a hard drive or local media (such as the AAII datafiles or Value Line CD) has been restored.

* BetterInvesting data subscribers now can view the First Impression screen when loading a company for the first time.

* The alert message when switching away from the StockCentral datafeed has been removed. The text now appears on the Preferences > Data Feed tab.

* Links have been added in Preferences > Data Feed to help users reset or recover their data subscription passwords.

* StockCentral functions have been enabled for any user with a current user name and password even if StockCentral is not the currently active data subscription.
 

Doug