Letters

Asensio & Company is under no obligation to disclose letter it writes to management. Please keep in mind that we often have a financial interest in these transactions and that these letters are written as part of an advocacy program in support of the thesis contained in our research.

No. Date Reports
13 October 23, 2002 Black Box Corporation

12 October 15, 2002 Black Box Corporation

11 September 12, 2002 Brocade Communications Systems, Inc.

10 September 10, 2002 Brocade Communications Systems, Inc.

9 June 4, 2002 Research Frontiers Incorporated

8 May 28, 2002 PolyMedica Corporation

7 May 15, 2002 PolyMedica Corporation

6 March 8, 2001 Winstar Communications, Inc.

5 March 8, 2001 Winstar Communications, Inc.

4 February 22, 2001 Winstar Communications, Inc.

3 February 16, 2001 Winstar Communications, Inc.

2 February 14, 2001 Winstar Communications, Inc.

1 September 30, 1998 Letter to FDA concerning Hemispherx violation of FDA regulations.