Please click the links below to obtain PDF copies of the following reports: 2007 - Annual Letter to Shareholders 2007 (177 KB) - Third Quarter 2007 Report (143 KB) - Second Quarter 2007 Report (85 KB) - First Quarter 2007 Report (171 KB) 2006 - Annual Letter to Shareholders 2006 (97 KB) - Third Quarter 2006 Report (133 KB) - Second Quarter 2006 Report (172 KB) - First Quarter 2006 Report (172 KB) 2005 - Annual Letter to Shareholders 2005 (41 KB) - Third Quarter 2005 Report (343 KB) - Second Quarter 2005 Report (191 KB) - First Quarter 2005 Report (150 KB)