Some SMH stocks using 4X21 Note: Gain since 1/21/04 is 22.5% <pre> N SYM Date LS In Last %Gain status 22.5 22.5 1 AMD 1/26/04 6:30 short 16.2 15.48 4.4 closed 2 AMD 1/26/04 11:00 long 15.48 15.60 0.8 closed 3 AMD 1/27/04 12:30 short 15.6 15.77 -1.1 closed 4 AMD 1/28/04 6:30 long 15.77 15.78 0.1 open 4.2 5 AMKR 1/22/04 10:00 short 20.56 20.25 1.5 closed 6 AMKR 1/26/04 11:30 long 20.25 20.05 -1.0 closed 7 AMKR 1/27/04 10:00 short 20.05 20.44 -1.9 closed 8 AMKR 1/28/04 7:00 long 20.44 21.16 3.5 open 2.1 9 ATML 1/21/04 6:30 long 7.2 7.41 2.9 open 2.9 10 BRCM 1/23/04 6:30 long 39.48 40.11 1.6 closed 11 BRCM 1/27/04 10:00 short 40.11 43.18 -7.7 open -6.1 12 NVLS 1/27/04 6:30 short 35.86 34.46 3.9 open 3.9 13 SMH 1/21/04 12:30 short 44.15 43.36 1.8 closed 14 SMH 1/26/04 11:00 long 43.36 43.04 -0.7 closed 15 SMH 1/27/04 7:30 short 43.04 43.09 -0.1 closed 16 SMH 1/28/04 7:00 long 43.09 43.02 -0.2 open 0.8 17 SNDK 1/26/04 9:00 short 69.73 60.34 13.5 closed 18 SNDK 1/26/04 12:30 long 60.3 59.55 -1.2 open 12.2 19 TER 1/26/04 7:00 short 29.9 27.99 6.4 closed 20 TER 1/26/04 12:30 long 27.99 27.40 -2.1 closed 21 TER 1/27/04 6:30 short 27.4 27.54 -0.5 closed 22 TER 1/28/04 7:00 long 27.54 27.69 0.5 open 4.3 23 VTSS 1/21/04 11:30 long 8.3 8.48 2.2 closed 24 VTSS 1/27/04 10:30 short 8.48 8.76 -3.3 closed 25 VTSS 1/28/04 7:00 long 8.76 8.70 -0.7 open -1.8 </pre>