March 16, 2006 - MEETING UPDATE

I just received word that our scheduled speaker for this meeting, Mr. Cory Riedberger of Power Shares Capital Management, has been sent to St. Louis on company business, and therefore will be unable to speak to us this evening. However, we have rescheduled him for our meeting on May 18th, and he has assured me that there should not be any problem keeping that May meeting date.

So we will continue in our accustomed manner, and our topic for the evening will be, "The Craft of Investing." And why do I call it a craft? Because a craft is a skill that can be learned and perfected, which is exactly what one does in order to become a better investor!

And this also means we shall have more time to discuss our Phantom Portfolio, and decide what, if anything, we want to do further with it at this point in time.

* * * * *