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Since the last Newsletter, we were able to close five positions; four for some nice gains and one for a loss.
IONA TECHNOLOGIES (8/5/04). Closed position 10/14/04 at $4.82 for a 53% GAIN.
CONVERA (9/5/04). Closed position 10/5/04 at $4.20 for a 60% GAIN.
GIGAMEDIA (7/20/04). Closed position 10/5/04 at $1.55 for a 55% GAIN.
GENETRONICS (10/5/00). Closed position 10/5/04 at $2.87 for a 55% LOSS. (price reflects 1 for 4 reverse stock split).
ZI CORPORATION (6/20/04). Closed position 10/1/04 at $3.45 for a 57% GAIN.