"
Also as part of the cover package, National Sports Correspondent Mark
Starr, Senior Writer Bret Begun and Devin Gordon profile athletes to watch in
the 2006 Winter Olympic games."

Key statistical findings drawn from the report include:

Operating at the cutting edge in their deployment of advanced
trading technology, 47% of the funds' order flow goes through
low- or no-touch channels, e. While TABB
Group is not raising any red flag, yet, "the next few years will see a
delicate balancing act between yield, cost management, service
provision, institutional investment and regulation," writes Galper.

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S. "People would say to me, 'You have to go back because
you didn't get your gold, right?' And I was like, 'F---, no!' I satisfied my
desire for Olympic success beyond what I ever thought possible."

To register for the San Francisco CEO Council "Meeting of Public Company
Executives and Service Providers," visit the CEO Council's event
registration form at
http://www.ceocouncil.net/about_us/task%20forces/activist/attend_meeting.

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Skiing Folks Have Really Done a Lot for Me.'

Miller: 'The People I'm Representing - Are .tabbgroup. (OTC: COHQ);
Cybertel Capital Corporation (OTC BB: CYBTCXNMHLXKNBS); and Ecuity, Inc.

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Look, a lot of the people involved with the U.msnbc.8% of the $930 billion hedge fund industry..

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Rich, Cocky, Wicked Conceited,
Super-Right-Wing Republicans. "The U. Rich, cocky, wicked
conceited, super -right-wing Republicans. Some of their picks include: figure skating
sensation Sasha Cohen; hockey star Angela Ruggiero; speed skaters Apolo Anton
Ohno and Chad Hedrick; snowboarder Hannah Teter; mogul skier Jeremy Bloom; and
Emily Cook on aerials.com/id/10856438/site/newsweek/
http:/ /www.msn. For the next five years,
the report claims, the industry will be marked "by increasing pressure
to strengthen yields in the face of trying market conditions and a
rush of new cash into the marketplace . Additionally, low- or no-touch
order flow is projected to increase to 57% by 2007.

Information by and for our sweeties: allies, friends, family, and significant others of transgendered folks.

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S..

Expanding and Contracting? TABB Group Report Yields an In-Depth Look at the Fragmented $930 Billion Hedge Fund Industry in Transition

tabbgroup.

Attendance is free to all officers, directors, shareholders and service
providers catering to the needs of smaller public companies, as well as the
press .m. "Drew" Connolly III, the
Executive Director of the CEO Council and a member of the SEC's Advisory
Committee on Smaller Public Companies; Alan D.

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com/cgi-bin/prnh/20060115/NYSU006 )
At the 2002 Olympics in Salt Lake City, Miller pulled off a performance
for the ages in the alpine combined.

Business Editors

WESTBOROUGH, Mass.

About the CEO Council:

The mission of The CEO Council is to provide a common voice and platform
for officers and directors of public companies , and enable them to more
effectively interpret and participate in the corporate governance and
regulatory process to ensure compliance, to safeguard shareholder value and
to clearly demonstrate a dedication to fair and ethical business practices.

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I can just
about guarantee you that I will not surpass that this time around. Based in Westborough, Massachusetts with
offices in New York, TABB Group was founded in June 2003 by Larry
Tabb, the 25-year financial markets veteran and former vice president,
securities and investments at TowerGroup, where he managed research
across the capital markets, investment management , retail brokerage
and wealth management segments. Kimmel.

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But because of my morals, my
principles , I can't judge them for that."
"For me, the ideal Olympics would be to go in with all that pressure , all
that attention and have performances that are literally tear-jerking, that
make people put their heads down because they're embarrassed at how emotional
they're getting, that make people want to try sports, talk to their kids, call
their f---ing ex-wives-and come away with no medals.

While 69% believe they should be registered (regulated), only
50% of large funds believe in regulation.

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NEWSWEEK COVER: 'Miller Time: The Truth About Bad-Boy Skier Bode Miller'

Bode Miller Says About U. "They've had to adapt
to me just like I've adapted to them, and I think they've done exceptionally
well. Ski Team -- the people
that I'm representing -- are unbelievable a--holes.

(Read entire cover package at http://www.com/id/10853267/site/newsweek/

The San Francisco meeting will be moderated by Lance Jon Kimmel, of SEC Law
Firm, will include a panel discussion on small issuer regulatory and
legislative reforms and an interactive question and answer session that
will give attendees an opportunity to share their wants, needs, and
concerns.

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. But Because of My Morals,
My Principles, I Can't Judge Them for That'

NEW YORK, Everywhere Bode Miller goes, the
spotlight seems to follow."
(Photo: http://www.newscom. Click "Pressroom" for news
releases. "While we primarily interviewed US
multi-asset class and equity-based funds, many of them were expanding
the styles, asset classes and geographies of their investments. For more information, visit
http://www.

The CEO Council is a nonprofit organization advocating the interests of
small public companies and their shareholders . and will be located at the Hyatt Fishermans
Wharf, 555 North Point Street, San Francisco, California 94133.

"As a member of the SEC's Advisory Committee that represents smaller over
the counter companies and professionals who work with them, as well as
investors in these companies, I want to ensure that I accurately represent
their interests," noted Connolly, who added, "By holding these meetings, we
are giving our constituents an opportunity to tell us what they want and
need, and in return, we will work hard to ensure their voices are heard.

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S.msnbc.
"Initially, it will force funds to change their overall investment
strategies, invest in new analytics to more aggressively look for
opportunities and focus on reducing costs.

encountered frustrations

I think that would be
f---ing epic.

Goldman Sachs and Morgan Stanley are the two largest prime
brokers.

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)

http://www.com

htm.

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.Newsweek.

encountered ftm

. The things they've done for me
warrant respect, and I'm trying to pay them back. That was
miracle s--t that happened in Salt Lake.. TABB Group believes that with increased fund management
overhead and the rising specter of regulation, there will be a
decrease in the number of funds over the next few years due to
consolidation.g.

As many as 50% say their broker relationship directly dictates
which algorithms they use.

The primary reasons funds use on brokers beyond trading and
financing are research (66%), technology (52%) and capital
introduction (39%).
The CEO Council announced that it will hold
its fourth meeting of public company executives and service providers in
San Francisco, California, on September 18 , 2005, preceding the SEC's
annual Government and Business Forum, which will take place on September 19
in San Francisco.ceocouncil.

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Lewis II, the National
Business Director of the CEO Council; and Mr.

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"
As many 500 new funds emerged in 2004 bringing the total number
8,600. Each garners over 40% of hedge funds' prime brokerage
relationships.

Of the 20% of firms that are reducing their broker
relationships, 68% cited the need to consolidate their
execution platforms.

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They Put Up
With Me. The 2006 Olympic team hopeful, America 's most
gifted skier in decades -- and best chance at a gold medal -- spoke to
Newsweek last November .com/id/10857678/site/newsweek/
http://www. + NEW YORK----According to a new industry report released today by TABB Group,
"Hedge Funds 2005: an Inside Look at Funding, Servicing, Trading and
Technology ," the highly fragmented hedge fund industry is in
transition at a time when for two years running their overall
performance has lagged behind the S+P 500."
"This battle for yield will have a serious significant impact on
the industry," writes Josh Galper, director at TABB Group and author
of the 61-page report, the result of interviews with senior management
at 63 hedge funds across multiple asset classes and sizes collectively
managing $110 billion, 11."
The Report was developed to "shine a clear light into the inner
world of hedge funds," says Galper, focusing solely on business
issues, including trading, regulation, risk, the prime brokerage
relationship, trading, fundraising , build versus buy technology
options, and sales and marketing.
Agreeing, Tabb adds, "Without a doubt this is clearly a dynamic
industry, both expanding and contracting, where size actually does
matter, where some feel managing risk is still more art than science,
where regulatory forces are threatening to look at, legislate and
license your business.

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Skiing Organization:
'The U.. He fell to his hip at 80 mph during the
downhill leg, somehow regained his balance and finished the run, then charged
back into medal contention with a monster first run on the slalom course,
writes Senior Writer Devin Gordon in the January 23 issue of Newsweek (on
newsstands Monday, January 16 ).msn.com/research

About TABB Group

TABB Group, the financial markets' strategic advisors , is focused
on helping financial services firms, vendors and technology
integrators better understand , create, align and execute their
business technology visions.
Visit the CEO Council online at http://www.net.

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msnbc.

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"That's exactly why I wanted to stop" and bail
on Torino, Bode says.which for many large funds
will be fairly new in a burgeoning industry more return-focused than
cost-focused . The
diverse, across-the-board response reflected rather deeply held
concerns about the prime brokerage relationship, which is certain to
evolve, especially in US equities due in part to a continuing
contraction of commissions, to a continuing move away from phone-based
communication, to fundraising , managing risk and the rise of new
multi-asset classes and multi-strategy models.

Looking ahead, the Report warns of cautionary times.

The purpose of these nationally held CEO Council meetings is to collect
comments from smaller public companies related to their legislative and
regulatory needs, so their voices are heard during the SEC Forum and
forthcoming SEC Advisory Committee on Smaller Public Company hearings.

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.
They put up with me, and I push those f---ers hard. I am a constant pain in
their a-- about making them do all the s--t I think they should be doing
anyway," says Miller , in the current issue of Newsweek. That would be the perfect thing. Also, Olympic figure skater Sarah Hughes contributes a
guest essay on her gold medal win in Salt Lake City.com. Months after putting this industry under our
microscope, two questions continue to loom: who will actually survive,
who will prosper?"
A copy of the report with 49 detailed graphs and an executive
summary are available at http://www.

PRESS RELEASE CEO Council to Meet in San Francisco California to Rally Constituency for SEC Government and Business Forum

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skiing folks have really done a lot for me.S.msn. Says Galper , "while we are not expecting many large
hedge funds to acquire small ones, we do see funds of funds as well as
more traditional asset management businesses launching or acquiring
small funds under their umbrellas to fend off the threat posed by
large funds, using their scale, talent, technology and distribution to
protect their core business activities., direct market access,
algorithms and crossing networks, versus 53% being routed via
FIX or transmitted by phone.

Nearly 40% are increasing their broker relationships, the
major reasons being the need for increased research (31%),
product diversity (24%) and improved trading technology (21%). Members of the CEO Council
include publicly traded companies such as: CorpHQ, Inc.
(OTC BB: ECUI), as well as service providers such as IBA Capital and
Investrend Communications.

Sponsored by Vintage Filings, the premier Edgarization service, SEC Law
firm, a Los Angeles-based law firm specializing in representing smaller
public companies, and Stonefield Josephson, a California-based certified
public accounting firm founded in 1975, the San Francisco CEO Council
meeting will begin at 6:30 p. Panel members currently include James A.

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"
"However," explains Larry Tabb, CEO and founder of TABB Group,
commenting on the report's findings, "the struggle to improve yields
was the primary concern driving most of the funds interviewed.

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---

- - kjjkjk

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