ter...@responsivemailing.com

Schmidt,

I find your postings interesting and oftentimes insightful. You have
to respect a person with an opinion combined with a rationale.

How did the call to Investor Relations go? I have called three of the
stores in Canada and had candid conversations with the Managers. They
had all exceeded their December sales. Others have reported line-ups
through Christmas and into the post-Christmas time (both in the US and
CA). An announcement from Chip seems almost unnecessary yet the stock
is reacting to emotion (apparently fueled by Hedge Fund Managers), not
reason. I certainly understand the influence of Hedge Funds and the
games they play as well as history repeating itself. I was hungover
(thankfully) through most of my College Business classes but I do
remember two things; buy low/sell high and history repeats. It seems
these two things are all I have needed. I bought over 1,000 shares
(just a small player) yesterday at $34.15 (on the TSX). Is an
announcement from Chip or Lulu going to really make that much of a
difference?

Do you trade on the TSX? If so, what other stocks do you play? I would
like to investigate additional stocks as I currently only play Lulu
(LLL) and AAER (AAE). I played Apple for a while but the bank fees
were eating up most of my gains.

Terry