July 27, 2008

BUY TO COVER AFFX,WFR,KEY,ANAD,GE,SNDK,IBN,MOT

Using our methodology, all of our short positions with the exception of VMW, AMLN and RHBBY should have been covered by now. If not fully scaled out yet, we suggest aggressively covering AFFX, WFR, KEY, GE, ANAD, SNDK, AVID , IBN and MOT.

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