Spectrum Brands (SPB) had the highest return in July 1998 by a small-cap US stock, returning 99.4%.

ASSET	MONTH	% RETURN
Spectrum Brands (SPB)	July 1998	99.37%
BioLife Solutions (BLFS)	July 1998	75%
Universal Insurance (UVE)	July 1998	50.01%
USANA Health Sciences (USNA)	July 1998	37.3%
Cerus (CERS)	July 1998	35.19%
PC Connection (CNXN)	July 1998	31.71%
IRSA Inversiones Y Representaciones (IRS)	July 1998	27.14%
Owens & Minor (OMI)	July 1998	23.75%
Valhi (VHI)	July 1998	17.26%
Winmark (WINA)	July 1998	16.35%
West Bancorporation (WTBA)	July 1998	15.92%
Arrow Financial (AROW)	July 1998	13.92%
Republic Bancorp (RBCAA)	July 1998	13.89%
Monarch Casino & Resort (MCRI)	July 1998	13.64%
Lineage Cell Therapeutics (LCTX)	July 1998	13.13%
Gilat Satellite Networks (GILT)	July 1998	13.06%
Nektar Therapeutics (NKTR)	July 1998	12.87%
CRA International (CRAI)	July 1998	12.5%
TrustCo Bank (TRST)	July 1998	11.33%
Mitek Systems (MITK)	July 1998	10.34%
Civista Bancshares (CIVB)	July 1998	9.49%
DXP Enterprises (DXPE)	July 1998	9.12%
Cresud SACIF y A (CRESY)	July 1998	9.09%
Integra LifeSciences (IART)	July 1998	8.93%
Amarin (AMRN)	July 1998	8.33%

Small-cap stocks are treated as having a market cap between $300M and $2B.