Riding The Gravy Train: FILE bought by IBM for our 12.5% profit, long HPS.a

Riding The Gravy Train

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Friday, October 13, 2006

FILE bought by IBM for our 12.5% profit, long HPS.a

FILE has been bought for $35 per share by IBM which represents our first exit here, netting a 12.5% profit in just over two months.

With these proceeds we will go long Hammond Power Solutions, HPS.a at $4.15 trading on the TSE.

Hammond Power Solutions