American Green Inc (ERBB)

[amx8559]

Sector Report: Portable MP3 Players, May 2005

The portable mp3 player market was hot in May, with several new devices and
developments emerging.

Apple officially claimed its share of the flash-based market, with figures
from NPD Group showing a sizeable market share for the shuffle. Meanwhile,
HP moved to expand its iPod co-brand lineup, while Audible continued to rise
on the success of the iPod/iTunes combination. Apple also faced another hack
in May, with a Winamp plug-in delivering a workaround to iPod file
portability restrictions.

Meanwhile, a flurry of devices hit the market, including new entrants from
iRiver, Rio, Creative, palmOne, Sony, Gateway, Archos and SanDisk. But
investors were skeptical of the market potential, with companies like
Creative punished in financial markets.

In the storage sector, a big rift between Seagate and Cornice was settled,
while Seagate turned in a very positive earnings report.