C Fund Activity through 4/25/08

4/21/08 sell 1400 BMY @ 22.00
4/21/08 sell 3000 CZN @ 10.34
4/21/08 buy 650 OMG @ 58.14
4/21/08 BUY 3400 HA @ 7.35

ALPHA -22.13
Beta 0.91
R-sq 0.72

STOCKS $966,723.50
CASH $62,596.93
TOTAL $1,029,320.43

NAV $10.29