August 2005

This information was placed on August 06, 2005


Long Term Investment
This is a portfolio to hold no shorter than six months and no longer than two years.

Our recommendations:
a) ASF - ADMINISTAFF INC (NYSE)
b) PTR - PETROCHINA CO ADS (NYSE)
c) SQM - SOCIEDAD DE CHILE SC (NYSE)
d) TLM - TALISMAN ENERGY INC (NYSE)


Short Term Investment
This is a portfolio to hold no shorter than one week and no longer than four weeks. For short term investment, if you decide to follow our recommendations, you should buy your shares no longer than two days after we have placed this information.

Our recommendations:
a) HCA - HCA INC. (NYSE), price to buy, under $48.62; price to sell, over $53.52; stop loss price $45.10
b) GHL - GREENHILL & CO (NYSE), price to buy, under $38.17; price to sell, over $39.32; stop loss price $37.00
c) CJR - GREENHILL & CO (NYSE), price to buy, under $25.56; price to sell, over $26.01; stop loss price $25.13
d) HMA - HLTH MGMT ASSOC A (NYSE), price to buy, under $23.55; price to sell, over $25.33; stop loss price $23.15


Note: Our company does not accept gifts, promotional items, or compensation of any kind from companies that are mentioned.

Next issue in September 2005


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