november 2001 volume v issue 11 joe cornell cfa mark c minichiello kevin p hare cpa spin off advisors llc 150 north wacker drive suite 2660 chicago il 60606 312 939 8900 www spinoffadvisors com any recommendation contained in this report may not be suitable for all investors moreover although the information herein has been obtained from sources believed to reli able its accuracy and completeness cannot guaranteed addition a registered investment advisor employees of l hold positions or effect transactions contrary recommendations mentioned no copy reproduced copied duplicated electronically forwarded without ex pressed written permission illinois phone fax 1417 table contents page focus stock fmc fti technologies 2 johnson & jnj inverness medical ima 5 updates usx steel x marathon group mro 9 utilicorp ucu aquila ila 10 announcement calendar 12 highlights 14 fresh situations national service industries nsi acuity brands ayi 17 thermo