based on December 31, 2004 year (DSK, GMTN on a January 29 year)

NAME/symbol

Mrkt

Price /

Price /

Price /

Price /

Price

Cap (mm)

Sales

Earnings

BookValue

TangibleBV

4-22-05

Giant Motor (GMOS)

14

0.2

15

10.7

-37.9

1.20

regional "big-box" retailer

Dick's Sporting (DKS)

1570

0.7

23

5.0

10.1

32.00

163 stores in 27 states, Eastern half of the United States, as of Jan 2004 before GLYN acquisition

Big 5 (BGFV)

518

0.7

15

9.0

9.0

22.86

294 stores in 10 states (restating results from2002 to 2004, ratios based on pre-adjusted numbers)

Gander Mtn (GMTN)

162

0.3

101

1.0

1.0

11.40

66 Gander Mountain outdoor lifestyle stores in nine states

Cabela's (CAB)

1260

0.8

19

2.2

2.2

19.39

nation’s largest direct marketer, and a leading specialty retailer,

of hunting, fishing, camping and related outdoor merchandise

Sportsmn'sGd SGDE

121

0.5

16

3.9

33.1

17.00

catalog & Internet sporting goods retailer

----------------------------------------------------

Galyans (GLYN)

156

0.2

91

0.7

0.8

11.00

(bought by Dick's Sporting Goods, June, 2004)

=====================================

Income statement & size comparisons

(DKS)

Ticker symbol

DKS

BGFV

GLYN*

GMTN

CAB

SGDE

Revenue (mm)

$2,109

$779

$720

$642

$1,556

$233

Gross Profit %

27.8%

32.9%

26.4%

25.3%

40.5%

32.0%

Operating Income %

5.3%

8.5%

1.0%

0.9%

6.2%

5.3%

Net Income (mm)

$68.9

$34.2

$1.7

$1.6

$65.0

$7.6

Net income %

3.3%

4.4%

0.2%

0.2%

4.2%

3.3%

Store size (000 sq ft)

48 & 30

11

80-100

50-100*

150,000

no stores

For CAB retail is 29% of revenues but appears capable of growth.

GLYN was acquired by DKS June, 2004

EPS Est

DKS

BGFV

GLYN

GMTN

CAB

SGDE

Annual Dec-05) :

1.81

1.76

acquired

0.67

1.11

1.17

Qtr Est (Mar-05) :

0.20

0.33

by

-0.12

0.12

0.18

Mean Recommend*:

2.20

1.7

DKS

3

2.40

2.00

PEG Ratio*:

0.80

0.87

June, 2004

0.4

1.19

0.72

*from Yahoo

Year ended 12-31-04

Giant Motor (GMOS)

GMOS

Revenue (mm)

$80

Gross Profit %

12.4%

Operating Income %

2.8%

Net Income

$1.0

Net income %

1.2%

Store size (000 sq ft)

40-120,000