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Jim (cont'd):  

Bret:     I am going to tell you why we like Hewlett Packard (HPQ), seeing as how it has turned around the PC
markets, I love the move with EDS moving into services, and finally with the CEO Mark Hurd, he operates
that company with surgical procession. Tell me we are scoring 6 with HP?

Jim:     I have to tell you, I look at what Intel said, which is exactly what you confirmed that they feel that
inventory is in the trough. I look at what Hewlett Packard has done, consulting, which reminds me very
much of IBM has done. And I look at Mark Hurd, whom I do believe is one of the top ten CEO’s in the
country. And I completely agree with you, I own it for my charitable trust, ActionAlertsPlus.com, and I
cannot believe that the stock got down to $25, $26. I think that we are going to make money together on that.

Sabina:      You recommended selling this stock on Monday, I do not agree with you. I am talking about
Aeropostale( ARO)? Yes, it is a retailer.

Jim:     No, I mean look at that chart, have you seen how much that stock is up…

Sabina:      Yes, it was up about 3% today.

Jim:     No, I mean it has just been a straight line, and it looks like Mt. Everest, I am worried the other side
coming down.

Sabina:      But look at the industry, everybody seems to… sales were up 3%, compared to Abercrombie for
March 34% down… just online in March sales were up 70%.

Jim:     You are right and I am wrong on this stock… no, I have been thinking a lot about it… you know I
lumped in these stocks… I was at Hollister yesterday… I like to go to the malls just because I like to
see… and I incorrectly lumped in Aeropostale, American Eagle Outfitters, and ANF… and you had the
good sense to break them down… and you are right… it is a much better company… Goldman just
recommended it the other day as a value play at $23... it has since soared since then… and I wish you had
done better homework… you nailed it and I did not.

Sabina:      Thank you, the company has got no debt.. who has got that in that industry… no one.

Jim:     You are right.