As a service to our clients, our research department is preparing short Investor Education articles on various topics. Our first submission in this series deals with the time decay of options, and the implications to options investors. Subsequent articles will feature topics such as futures markets and technical analysis.

• The Wall Street Transcript - Canadian High-Tech Roundtable, July 2003
• Flow-Through Investments, December 2002
• Hedging Currency Risk, October 1999
• The Time Decay of Options, December 1998

To reach our research department, send an e-mail to:
goldenresearch@goldencapital.com

To reach our commodities specialist, send an e-mail to:
ralvarez@goldencapital.com

Member CIPF