Most Value America investors have lost big. But Winn has been dumping his 
stock. Total take over the past five months alone: $35.6 million

               WINN'S STOCK SALES         GAINS*

APR. 6, 2000        800,000             $2,524,800
APR. 3, 2000        1,500,000            4,641,000
MAR. 31, 2000       1,000,000            3,250,000
MAR. 20, 2000       2,200,000           10,518,200
MAR. 13, 2000       1,500,000            9,234,000
MAR. 7, 2000        300,000              1,565,700
DEC. 2, 1999        225,000              2,812,500
NOV. 24, 1999       72,500               1,075,175

TOTAL                                  $35,621,375

DATA: SEC FILINGS, Business Week ESTIMATES