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Photo Gallery January 1, 2005

GOLF COURSE

SEATTLE-PORTLAND SECURITY TRADERS ASSOCIATION

<p>David Myers, BNY Brokerage, New York;</p><p>Pete Fong, guest.</p> <p>Jack Miles, Doyle Miles & Co., Patrick Brown,</p><p>Westminster, both New York.</p> <p>Tim Olsen, ICM Asset Mgmt., Spokane; Stephanie Lipman-Dagoberg and</p><p>Jeff Dagoberg, D.A. Davidson, Portland.</p> <p>David Karat, ITG, New York; Brian Pardo, Wells Fargo Investment;</p><p>Nenad Yashruti, Free Stone Capital, both Seattle.</p>
<p>Mike Putnam, Friedman Billings Ramsey, San Francisco; Brian DeBels,</p><p>Jensen Investment; Dan Belica, MKG Financial, both Portland.</p> <p>Alex Richardson, D.A. Davidson; Cari and Andy Miller, Liquidnet,</p><p>both Portland.</p><p>Colin Keely, Knight Capital Group, San Francisco; Pat Fay, D.A. Davidson,</p><p>Portland; Pat Jones, guest; Damon Marty, D.A. Davidson, Portland.</p> <p>Rich Fong, Wells Fargo Investment, Seattle; Bob Reinsberg, KeyBanc Capital</p><p>Markets; David Anderson, JonesTrading, both Los Angeles; Erik Johnson,</p><p>Harris Nesbitt, San Francisco.</p> <p>Colin Keely, Knight Capital Group, San Francisco; Pat Fay, D.A. Davidson,</p><p>Portland; Pat Jones, guest; Damon Marty, D.A. Davidson, Portland.</p>

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