Hedge Fund Confidential Transaction Log

2002:  Up 22% for the year
Up 432% as of Dec 31. 2006 based on positions held

NTAP Issued report October 17, 2002 (buy)
Report issued price $7.55 2002 year-end price $10.70
12/31/06 39.28
NXTL Issued report October 31, 2002 (sell)
Report issued price $10.93 2002 year-end price $12.93
GNSS Issued report December 6, 2002 (sell)
Report issued price $18.42 year-end price $13.05
12/31/06 10.14
CDCOR Issued report December 22, 2002
Report issued price .06
12/31/06 .25 + dividends paid .57514

2003: Up 39% for the year
Up 177.4% as of Dec 31, 2006 based on long positions held

TG Issued report January 27, 2003
Report issued price $12.40 year-end price $15.85
12/31/06 $22.61
SU Issued report February 7, 2003
Report Issued price $16.40 year-end price $25.47
12/31/06 $80.92
AG Issued report February 20, 2003 (sell)
Report issued price $16.85 year-end price $20.14
MRVL Issued report March 7, 2003 (sell)
Report issued price$19.70 year-end price $9.48
CNP Issued report March 24 2003
Report issued price $6.73 year-end price $9.72
12/31/2006 $16.43
BJ Issued report April 11, 2003
Report issued price $13.81 year-end price $22.35
12/31/2006 31.11
DUK Issued report May 9, 2003
Report issued price $16.90 year-end price $20.35
12/31/2006 $19.14
MRCY Issued report May 13, 2003
Report issued price $23.00 year-end price $25.44
12/31/2006 13.36
MRH Issued report June 9, 2003
Report issued price $32.42 year-end price $37.23
12/31/2006 $18.53
CGNX Issued report July 3, 2003
Report issued price $23.10 year-end price $28.23
12/31/06 23.73
TPL Issued report July 24, 2003
Report issued price $47.85 year-end price $56.21
12/31/2006 216.28
RIMM Report issued August 11, 2003 (sell)
Report issued price $24.66 year-end price $34.62
12/31/2006 127.78
OPLK issued report September 11, 2003
Report issued price $1.66 year-end price $2.43
12/31/2006 $20.56
IMA Report issued October 10, 2003
Report issued price $26.59 year-end price $22.13
12/31/2006 $38.70
AYE Report issued October 21, 2003
Report issued price $10.09 year-end price $12.61
12/31/2006 $45.91
MDS Report issued November 14, 2003
Report issued price $13.99 year-end price $14.02
12/31/2006 $23
FORM Report issued December 15, 2003
Report issued price $19.38 year-end price $19.21
12/31/2006 $37.25

2004: Up 5.38% for the year
Up 66% as of Dec 31, 2006

DRRX Report issued January 23, 2004
Report issued price $2.98 year-end price $3.12
12/31/2006 4.44
BID Report issued February 11, 2004
Report issued price $14.32 year-end price $18.01
12/31/2006 $30.93
XOCM Report issued March 8, 2004
Report issued price $6.27 year-end price $3.01
12/31/2006 $4.30
AVCI Report issued April 16, 2004
Report issued price $13.61 year-end price $8.52
12/31/2006 $7.74
CDCO Report issued May 17, 2004
Report issued price $22.94 year-end price $23.99
*price 6.16 adjusted for dividends and splits as of 12/31/2006
SUNW Report issued May 26, 2004
Report issued price $4.12 year-end price $5.11
12/31/2006 $5.42
WOOF Report issued July 2, 2004
Report issued price $22.48 year-end price $19.37
12/31/2006 32.19
PETS Report issued July 2, 2004
Report issued price $8.10 year-end price $7.48
12/31/2006 $13.35
LTXX Report issued September 7, 2004
Report issued price $5.01 year-end price $7.33
12/31/2006 $5.60
OVTI Report issued September 21, 2004
Report issued price $12.87 year-end price $17.77
12/31/2006 $13.65
HOC Report issued October 4, 2004
Report issued price $25.96 year-end price $27.11
12/31/2006 $51.31
ILA Report issued October 26, 2004
Report issued price $3.08 year-end price $3.69
12/31/2006 $4.70
IBCIQ Report issued December 30, 2004
Report issued price $6.40 year-end price $6.65
12/31/2006 $2.40

2005: Up 15.36% for the year
Up 31% as of Dec 31, 2006

CEM Report issued January 20, 2005
Report issued price $11.27 year-end price $12.82
12/31/2006 $9.59
IN Report issued April 6, 2005
Report issued price $20.30 year-end price $34.50
12/31/2006 $24.27
NTIQ Report issued April 19, 2005
Report issued price $10.27 year-end price $12.20 (takeover price)
CLF Report issued May 5, 2005
Report issued price $62.53 year-end price $88.57
12/31/2006 $96.66 split adjusted
LCRY Report issued May 19, 2005
Report issued price $14.17 year-end price $15.29
12/31/2006 $11.51
BA Report issued June 3, 2006
Report issued price $64.38 year-end price $68.93
12/31/2006 $88.50
NTMD Report issued June 16, 2005
Report issued price $19.41 year-end price $13.97
12/31/2006 $2.45
KEP Report issued August 11, 2005
Report issued price $17.95 year-end price $19.76
12/31/2006 $22.71
WFR Report issued September 13, 2005
Report issued price $19.24 year-end price $23.40
12/31/2006 $39.14
ACP Report issued October 14, 2005
Report issued price $33.75 year-end price $38.03
12/31/2006 85.66
LAB Report issued November 17, 2005
Report issued price $9.96 year-end price $10.11
12/31/2006 9.83

2006: up 16.75% for the year

AMR Report issued January 9, 2006
Report issued price $22.66 year-end price $30.23
MAG Report issued February 2, 2006
Report issued price $3.60 year-end price $5.65
RAIL Report issued March 21, 2006
Report issued price $69.97 year-end price $56.41
NDAQ Report issued April 20, 2006
Report issued price$43.79 year-end price $31.01
FMD Report issued June 2, 2006
Report issued price $45.60 year-end price $55.80
NYX Report issued July 13, 2006
Report issued price $64.90 year-end price $97.20
RMBS Report issued August 2, 2006
Report issued price $16.99 year-end price $19.16
AMIE Report issued October 26, 2006
Report issued price $38.49 year-end price $45.62