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WATCH LIST UPDATE - NFLX goes on WATCH LIST

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WATCH LIST - UPDATE NFLX goes on WATCH LIST

NFLX - closed at $28.08 which is above our WATCH LIST PRICE of $27.78.
We will keep it on our Watch list until it closes below $27.78 or some action is needed
with the stock position. Today's action that led to $0.88 move of the stock was partially attributed to a judge on Wednesday who delayed the approval of a proposed class-action settlement that would require Netflix Inc. to offer a free month of DVD rentals to resolve a lawsuit that prompted the popular online service to acknowledge it gives preferential treatment to its most profitable customers. We will keep you advise on any action that needs to be taken regarding the NFLX position.

WATCH LIST - CURRENT as of 3-22-06

NFLX - only issue on Watch List

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