EV3

EVVV / WEBM

I opened a small position of EVVV (13.84) late afternoon. To raise capital, I sold my entire position of WEBM (7.25). I bought this one at 4.9 in late May this year and it has gone up by almost 50%. Unfortunately for me, the strong C$ took about 15% out of it and I ended up with 35%. Still not a bad result for half year. I have high expectation of EVVV (20 by the end of 2006). This one is much more speculative though as it has no earnings at this point, nor in 2006.