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Dear Member:

Black Rock Senior High Income (ARK) went ex-dividend for $.047 on Friday. It is performing as I would expect.

I entered a position in Finisar (FNSR) and it was up this week and above my entry.

Sanmina (SANM) was up pretty nicely this week and is also above my entry.

Denny's (DENN) had another good week.

Taiwan Semiconductor (TSM) remained flat and at support. It has not yet moved.

Emcore (EMKR) has continued to be disappointing and it looks like it may be time to pull the plug. It has been in that area for quite sometime and I have been expecting an upward move but so far no good.

Both Mindspeed (MSPD) and CommonTouch Software (CTCH) were up marginally for the week.

Have a great weekend!

Bill


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