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| Market Commentary - Mar. 2, 2005 |
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REGARDING ANTHONY ITALIANO'S MARKET COMMENTARIES
From March 2nd through March 10th, Gillespie Research Associates published several "Market Commentaries" authored by Anthony Italiano. Tony is a successful Florida hedge-fund manager and president of Italiano Capital Corp, and we believed that a wide spectrum of our clients would find his thinking of interest and potential benefit.
These commentaries represented the initial stages of a Strategic Independent Research Affiliation ("SIRA") we were in the process of establishing with Tony. The process took a major step forward on March 11th, when www.tonyitaliano.com went "live."
The earlier commentaries appearing on the GRA website can now be accessed there, as well as all material that has been or will be published after March 10th. You may access Tony's work at Market Commentary from Tony Italiano, or via the "Tony Italiano" link found in the navigation bar on the home page of the GRA website.
We point out that Tony's views do not necessarily reflect those of Gillespie Research Associates.
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