        Master Investor (MI) for Windows Version 1.23

This file contains a brief program description, evaluation
license terms, installation instructions, and information on
obtaining technical support.


Program Description

MI is a powerful tool that helps individual investors and
professional money managers organize and analyze the
information that is critical to making informed investment
decisions.  MI features:

*  Comprehensive portfolio management.  MI provides complete
tracking of security and cash transactions with automatic
computation of net worth, capital gains, return on
investment, asset  allocation and much more. MI allows you
to orgainze your information into up to 1,000 portfolios and
produce reports based on any combination of one or more
portfolios.

*  Technical analysis. MI creates and displays technical
analysis charts with your choice of technical indicators
including moving averages, stochastics, on-balance volume,
relative strength index, MACD, trend analysis, ratio cantor
and correlation analysis.

*  Built-in Price Loader.  Just download price/volume data
from your favorite information provider and use MI's Import
option to update all your charts and portfolios. We have pre-
defined import formats for over a dozen popular information
services such as Compuserve, Prodigy, AOL, Quote.Com and
more. If your service is not included you can easily add it
by defining a new data format.

*  Support for sophistocated trades. MI fully supports all
IRS approved cost basis accounting methods for stocks,
bonds, mutual funds, short sales, put options and call
options. MI also provides an automatic sweep of funds to and
from cash accounts when entering security transactions and
investment income.

*  Asset allocation.  MI produces reports and graphs showing
the allocation of assets by portfolio, by type and by user
defined investment objective.

*  Powerful report generator. Our report generator lets you
customize each of the over 20 reports to include any time
span and any combination of portfolios so you get just the
information you need.


Evaluation License

This program is licensed for evaluation only.

You are hereby granted a license to use this software for an
evaluation period of up to 30 days.  If you continue to use
this software beyond the evaluation period you must purchase
a license.  DO NOT install this software if you do not agree
to the terms of this evaluation license.


System Requirements

MI requires Windows 3.1 or higher, a hard disk with
approximately 2.5 megabytes of free space, 4 Megabytes of
RAM, and a Windows compatible graphics printer.  In your
Config.Sys file, the parameter "Files=" should be set to 40
or more.

Master Investor requires a default printer be defined in the
windows control panel.  Choose the "Printers" icon from the
Windows Control Panel.  If no printers have been installed,
you will need to install one. If you already have installed
printers choose one that is capable of printing truetype
fonts (i.e. a graphics printer and not a fax modem).  After
installing or selecting a printer, click the "Set as
Default" button to set the printer as your default windows
printer.


Upgrading from an earlier version.

Before installing this version use your present version of
MI to make a backup disk of your data.  In the File menu
choose the Backup Data option to make the backup disk.  This
is a precautionary measure.

During the installation process you will be prompted to
choose either "Full Installation" or "Upgrade Installation."
If you choose "Upgrade Installation" your present data files
will be preserved.  If you accidently choose Full
Installation, your present data files will be overwritten
and you will need to choose the "Restore Data" option to
restore your backup data for use with the new version.


Installation:

To prepare for installation, unzip the archive to a blank
formatted floppy disk (1.4 Meg capacity or higher) or to an
empty (scratch) directory on your hard disk.

To install MI, use the Program Manager or File Manager to
start mi123.exe.  For example, if you are installing from
drive A:

1.   From the Program Manager File or Win95 Start menu,
choose Run.
2.   In the Run dialog box, type "a:mi123" and choose OK.

The install program will allow you to select the drive and
directory where MI will be installed.  The default is C:\MI.
If you are reinstalling MI or installing an updated version,
use the same directory where you originally installed the
program.


Starting MI

The data files shipped with MI contain sample data that is
provided to help you become familiar with the various
options and capabilities of MI.  The sample data covers the
period June 1994 through June 1996.  The Learning Master
Investor section of the User's Guide contains a step-by-step
guide to getting acquainted with MI.


Technical Support

If you are unable to resolve a question or you have
difficulty running MI, please call or send us a letter
describing the problem.  Include the exact text of the error
message (if any) and a complete description of the problem,
your computer system (computer, memory, graphics card, DOS
and Windows version, contents of CONFIG.SYS and AUTOEXEC.BAT
files, etc.), the option you were running when the error
occurred and any supplemental data that you entered under
the option. If sending a letter, please also nclude a disk
created using the File/Backup Data option (your data will be
held in strict confidence).  We will investigate the problem
and respond as quickly as possible.

We at 'Otto-Williams Ltd. take great pride in providing
quick responses to our customer's questions.  Including your
phone number will help in the event we need additional
information to diagnose the problem.

Our technical support group can be reached at:

OWL Software
P.O. Box 794
Lanham, MD  20703-0794
USA

Phone:  301-306-0409
EMail:  72144.1223@Compuserve.Com
