Notes to Consolidated Financial Statements (dollars in thousands, except per share amounts.) (9) Marketable Securities and Long-Term Investments The market value of marketable securities as of October 31, 2001 was $2,614, which included gross unrealized losses of $2,071. The market value of marketable securities as of October 31, 2000 was $7,273, which included gross unrealized losses of $1,893. The Company realized net losses on the sales of securities of $63 for the year ended October 31, 2001, and realized net gains on the sales of securities of $1,079 and $4,221 for the years ended October 31, 2000 and 1999, respectively. The cost of securities sold was determined by using the average cost method. There were no amounts classified as long-term investments as of October 31, 2001. The market value of long-term investments as of October 31, 2000 was $4,203 which included gross unrealized gains of $28 and no gross unrealized losses. There were no amounts classified as long-term investments that were invested in debt securities as of October 31, 2000. See Notes 6 and 7 which include details of the Company’s long-term investments.