We want to give you an update on the affect of yesterday’s tragic news on your accounts.

All of the administration for Lakeside Capital clients on the East Coast is operated out of New Jersey instead of New York. We have been in touch we these Painewebber employees daily.

The investment markets will likely remain closed for several days. My best estimate is longer than the media suggests, perhaps Monday.

We will be available by email or telephone if you have any concerns.

We are fortunate that we are located outside downtown Seattle. We have been at the office since the tragedy and will continue to be available to our valued clients. Our goal continues to be to provide long term investment management to each and every client, regardless of economic or political events.

Our prayers are with those employed in the World Trade Centers, the Pentagon, airline passengers & employees, and their families.

Lakeside Capital Management