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With the year 2002 coming to a close, we have been
reviewing, upgrading and culling our portfolios of various securities. In
addition, we have drawn up a list of a half dozen stocks we would like to
purchase on price weakness. Consequently, as we enter the 2003 New Year,
we would like to start off fresh and with a cash cushion for these future
acquisitions.
At the same time we recognize that over the next 2-3 weeks
the securities markets will remain very thin and volatile. Accordingly, we
will remain alert to profitable opportunities, both buying and selling, which
may occur due to late year-end seasonality. |