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WATCH LIST UPDATE - NFLX remains on WATCH LIST

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WATCH LIST - UPDATE NFLX remains on WATCH LIST

NFLX -
closed at $28.29 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. We will keep you advise on any action that needs to be taken regarding the NFLX position.

WATCH LIST - CURRENT as of 3-23-06

NFLX - only issue on Watch List

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