Stock 4 Today Transactions

Positions closed out in November 2004

Symbol	Name	Entry Date	Entry $	Exit Date	Exit $	%	Annual %
CEL	Grupo Iusacell S.A. de C.V. (Series V) ADS	7/30/2004	6.48	11/5/2004	8.31	28.2	105.0
CEL	Grupo Iusacell S.A. de C.V. (Series V) ADS	8/2/2004	6.48	11/5/2004	8.31	28.2	108.3
CEL	Grupo Iusacell S.A. de C.V. (Series V) ADS	8/19/2004	7.71	11/5/2004	8.31	7.8	36.5
CEL	Grupo Iusacell S.A. de C.V. (Series V) ADS	8/20/2004	7.88	11/5/2004	8.31	5.5	26.1
CEL	Grupo Iusacell S.A. de C.V. (Series V) ADS	8/23/2004	8.11	11/5/2004	8.31	2.5	12.3
CEL	Grupo Iusacell S.A. de C.V. (Series V) ADS	8/24/2004	8.24	11/5/2004	8.31	0.8	4.0
CEL	Grupo Iusacell S.A. de C.V. (Series V) ADS	8/25/2004	8.42	11/5/2004	8.31	-1.3	-6.6
EDUC	Educational Development Corp.	9/20/2004	12.96	11/5/2004	10.26	-20.8	-165.0
EDUC	Educational Development Corp.	10/12/2004	13.28	11/5/2004	10.26	-22.7	-345.2
GTI	GrafTech International Ltd.	10/5/2004	13.95	11/11/2004	8.93	-36.0	-355.1
GTI	GrafTech International Ltd.	10/6/2004	14.03	11/11/2004	8.93	-36.4	-369.1
BZL	Brazilian Equity Fund Inc.	9/29/2004	7.22	11/12/2004	7.63	5.7	47.3
IGC	Interstate General Co. L.P. Cl A	10/20/2004	3.25	11/12/2004	3.20	-1.5	-23.8
IGC	Interstate General Co. L.P. Cl A	10/21/2004	3.25	11/12/2004	3.20	-1.5	-24.9
IGC	Interstate General Co. L.P. Cl A	10/28/2004	3.30	11/12/2004	3.20	-3.0	-73.0
IGC	Interstate General Co. L.P. Cl A	10/29/2004	3.30	11/12/2004	3.20	-3.0	-78.2
IGC	Interstate General Co. L.P. Cl A	11/1/2004	3.30	11/12/2004	3.20	-3.0	-99.5
IGC	Interstate General Co. L.P. Cl A	11/2/2004	3.30	11/12/2004	3.20	-3.0	-109.5
IGC	Interstate General Co. L.P. Cl A	11/3/2004	3.30	11/12/2004	3.20	-3.0	-121.7
IGC	Interstate General Co. L.P. Cl A	11/4/2004	3.30	11/12/2004	3.20	-3.0	-136.9
EVOL	Evolving Systems Inc.	10/7/2004	5.18	11/19/2004	3.71	-28.4	-241.1

				Average	Annual	%	-86.2