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UPDATE OF WATCH LIST ASPM & SIRF

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UPDATE ON WATCH SIRF and ASPM - Holding current positions

SiRF Technology Holdings, Inc., (SIRF) $22.00 close 8-29-05

SELL SIRF SEP $22.50 PUT QIR-UX
SIRF is moved back up to the $22.00 level, we will continue to monitor this issue closely.
A close over the $22 area would give added strength to support around that level. However, a break to the downside will warrant a closer look at the issue with the potential for some action. However, we will continue to hold the current position and be revisiting it daily.

Aspect Medical Systems, Inc. (ASPM )- $28.97 close 8-29-05

SELL ASPM SEP $30.00 PUT UCU-UF
ASPM bounced back over the $29 level briefly, before closing at 28.97, just a few ticks under $29. A close above $29 would give stronger support for the strength of the issue to build a base at around $29.00. Again we will be closely monitoring this position in an event that ASPM should trend lower, we will continue to this position at current time, but it will be under daily monitoring

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