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Semiconductors Market Industry
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OTC PK:AURLQAureal, Inc.
 In April 2000, Aureal, Inc. filed a voluntary petition for relief under chapter 11 of the United States Bankruptcy Court. Aureal, Inc. was engaged in the design and marketing of audio semiconductor technologies for use in both the personal computer and consumer electronics markets, as of October 31, 1999.
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OTC PK:IGNMFImagination Tech Group Plc
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OTCBB:MMTIFMicromem Technologies, Inc.
 Micromem Technologies, Inc., a development stage company, engages in the development and testing of non-volatile magnetic memory technologies. Micromem seeks to develop a memory design with the magnetic bit aligned horizontally to the substrate; and a memory design with the magnetic bit aligned vertically to the substrate. Competitors for the company include IBM Research, Ovonyx, Inc., Cypress Semiconductor Corp., Hewlett-Packard, Honeywell, and Motorola.
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OTC PK:PWSPPower Spectra, Inc.
 In August 1998, Power Spectra, Inc. ceased all of its operations. Previously, the company was engaged in the design, development, manufacture, and marketing of ground penetrating radar systems and laser-based measurement products that utilize the company's proprietary Gallium Arsenide semiconductor switching devices.
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 Rubicon Technology, Inc. (Rubicon) is an advanced electronic materials provider that is engaged in developing, manufacturing and selling monocrystalline sapphire and other crystalline products for light-emitting diodes (LEDs), radio frequency integrated circuits (RFICs), blue laser diodes, optoelectronics and other optical applications. The Company is a vertically-integrated manufacturer of sapphire substrates and optical windows that are used in a variety of end-market applications. Its largest product line is two inch to four-inch sapphire wafers for use in LEDs and blue laser diodes for solid state lighting and electronic applications. In addition, Rubicon has developed six-inch sapphire wafers that are used for silicon-on-sapphire RFICs, as well as products for military, aerospace, sensor and other applications. The Company is also extending its technology to manufacture eight inch and larger diameter products to support next-generation LED, RFIC and optical window applications.
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OTC PK:TRSCFTundra Semiconductor Corp
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OTC PK:WBEMFWinbond Electronic Corp Par Ord American Depositary Shares
 Winbond Electronics Corporation engages in the design, development, manufacture, and marketing of very large scale integration integrated circuits (IC) and its related products used in various microelectronic applications. It primarily operates in two groups: Logic IC Business Group and Memory IC Business Group. Logic IC Business Groupís product lines include micro-controller based consumer products, motherboards and flat panel display products, and network access products. The Memory IC Business Groupís product offerings consist mainly of Ďmobile memory solutionsí, such as specialty dynamic random access memory, flash, pseudo SRAM. In addition to its own products, Winbond offers a foundry service for other Taiwanese and foreign IC producers and designers. Its customers include manufacturers serving the information, consumer electronics, and communications industries worldwide.
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Investing by Industry or Market Sector employs non-emotional, numbers driven, value-based industry, sector, and country rotation techniques, that, unlike conventional stock picking methods, focuses instead on identifying and capitalizing on theme movements in the well identified industries & market sectors.

Primarily, this active-asset methodology recognizes that advances in financial markets are defined by "themes", or led by asset classes, industries, and countries, with each advance distinguished by specific sector-driven themes. Employing a disciplined research and valuation process these "themes" are identified so that Portfolio's can be created and/or adjusted toward the most attractive sectors.

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