Ann: Preliminary Final Report, page-46

I know how you feel Toddski and I sincerely hope we haven't.

I have been in regular contacts with management (old & new) about the business. They are very tight-lipped so it is not easy to get much from them but I was in contact yesterday and finished the day feeling very positive about the future. Unfortunately the short term sentiment is awful (as it is for most small caps at the moment) and that really hurts us all.

My take on things is that Gary is working on the TSI deal (although I don't know if that is buying it or selling it!) and Jeff is focused on new business, both inside and outside of India. I got the impression we will get updated on the outcomes of all of these discussions in the next 6-8 weeks with some concrete outcomes expected. However, as I said, they are both very tight lipped. And 6-8 weeks is a long time at these levels.

I continue to hold (and haven't sold a single share).

MartyW