Performance of Hurley Capital Investments
	Action	Initial Invest Date	Symbol	Name	Return to Date*	Initial Price	Sept 30, 2007
2007 Transactions
sold 8/6	Bought	12-Jun-07	ANH	Anworth Mortgage	-32.4%	8.97	6.02
	Bought	30-Apr-07	AVID	Avid Technology Inc.	-18.5%	33.22	27.08
	Short Sale	25-Apr-07	ABFS	Arkansas Best Corp.	23.1%	42.89	32.66
sold 8/15	Bought	16-Feb-07	NLY	Annaly Capital Management	-3.4%	13.90	13.00
2006 Transactions
	Bought	30-Nov-06	CNQ	Canadian Natural Resources	39.7%	54.45	75.75
sold 8/16	Bought	28-Sep-06	DISCA	Discovery Holdings 'A'	58.7%	14.45	22.99
	Bought	12-May-06	DELL	Dell Inc.	13.6%	24.33	27.60
sold 7/16	Bought	28-Apr-06	DMCX	Datamirror Corp.	183.6%	8.98	25.50
	Bought	16-Mar-06	POS	Catalina Marketing Corp	40.6%	23.23	32.39
	Bought	21-Feb-06	JCDA	Jacada Ltd	63.9%	2.56	4.20
	Bought	14-Feb-06	CHK	Chesapeake Energy	25.3%	28.38	35.26
2005 Transactions
	Bought	27-Dec-05	NXR	Nuveen Select Tax Free	7.8%	13.19	13.31
	Bought	12-Dec-05	COST	Costco	28.1%	48.60	61.37
	Bought	3-Oct-05	WMT	Wal-Mart	2.3%	44.03	43.65
	Bought	17-Aug-05	MMP	Magellan Midstream Ptnrs LP	40.9%	31.70	40.03
	Bought	22-Jul-05	SKM	SK Telecom Ltd ADR	53.2%	20.65	29.70
	Buy	7-Dec-04	IACI	IAC/Interactive Corp.		24.65
Closed 4/4/06	Bought	21-Jul-05	NTLRF	Neteller Plc Ord		13.45
	Buy	18-Aug-05	CVX UK	Chevron Sep05 $55 Put		0.30
	Bought	23-Jun-05	TPP	Teppco Partners LP	6.0%	41.06	38.07
	Bought	18-Apr-05	KO	Coca-Cola	46.5%	40.87	57.47
2004 Transactions
	Bought	28-Oct-04	VHT	Vanguard Heath Care VIPERs	34.3%	46.56	61.43
	Bought	6-Oct-04	EEQ	Enbridge Energy Mgt LLC	37.6%	44.95	49.60
*Total returns are gross of management fees and include transaction fees, dividends, interest and trading proceeds
** Final transaction price indicated for closed transactions