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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Bobby Yellin who started this subject	4/17/2002 9:26:46 AM
From: Kerm Yerman	of 24921

Korner Portfolios / Material Changes Tier II Sold 590 Units of ARC Energy Trust (AETUN) @ $12.68. As a result, $7,481.20 weas added to the cash component of the portfolio. Units were obtained as a result of an acquisition exchange of shares. Position sold because energy trusts don't fit within this model portfolio. Added Canadian Superior Energy to Tier II from Tier III. Tier II status better catogorizes the investment. Original investment dollars will result in a reduction of the cash position of Tier II. Tier III Canadian Superior Energy has graduated to Tier II. The cash on hand position of the portfolio will be increased to the extent of the original investment into Canadian Superior. Purchased 5,000 WellCo Energy Services (WLL) at a cost of $0.31/share at the close of 04/16/02. The cash position of the portfolio will be reduced by $1,550.00. Added Note: Storm Energy under review. (Tier II)

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