Suitability: Speculative Rating: Strong Buy

Current Price (10/07/05): $20.27

Target Price: $70.00

NAV/Share $72.15

EPS Q1 Q2 Q3 Q4 Full

FY= Dec Mar Jun Sep Dec Year

2004A $(0.06) $(0.10) $(0.12) $(1.93) $(2.03)

Old 2005E (0.36)A (0.69)A 0.15 0.28 (0.62)

Old 2006E 0.50 0.53 0.53 0.53 2.08

Rows may not add due to rounding.

2004A $89 $89 2004A $(2) $(2) 2004A $(0.33) $(0.33)

2005E $622 $622 2005E $22 $22 2005E $(0.02) $(0.02)

2006E $915 $915 2006E $79 $79 2006E $2.34 $2.34

Our $70.00 target price is based on our NAV estimate of $72.15.