James B. Loken

STOCKS (All Common)

Allstate Corp. — None — Sold

Zimmer Holdings, Inc — None

Target Comp — Int/Div

Emerson Electric — Int/Div

Exxon Corp. — Int/Div

Wachovia Corp. — Int/Div

Gabelli Equity Trust — None — Sold

Gabelli Global Multimedia Trust — None — Sold

Gabelli Utility Trust — None — Sold

Gabelli Healthcare Trust — None — Sold

XCel Energy, Inc — Int/Div — Sold (part)

FSI Intemational, Inc — None — Buy (add'l)

Digi Intemational — None — Buy (add'l)

Communications Systems — Int/Div — Sold (part)

Vishay Intertechnology — None — Buy (add'l)

ADC Telecommunications — None — Buy (add'l)

ADC Telecommunications — None — Buy (add'l)

ADC Telecommunications — None — sold

Amkor Technology — None — Sold

Amkor Technology — None — Buy (add'l)

Conexant Systems — None — Sold

Oracle Corp. — None

Synovis Life Technologies, Inc. — None — Sold (part)

Synovis Life Technologies, Inc — None — Sold (part)

Synovis Life Technologies, Inc — None — Buy (add'l)

Cyberoptics Corp. — None

Microsoft Corp. — Int/Div

Rudolph Technology — None — Sold

Aetrium Inc — None — Sold (part)

Dow Chemical — Int/Div

Cemex S.A — None — Buy (add'l)

Cemex SA. — Int/Div — Buy (add'l)

Chesapeake Energy — Int/Div — Sold (part)

Valero Energy — Int/Div — Buy (add'l)

Metro Health Network — None

Possis Medical. Inc — None — Sold

Intel Corp — Int/Div

Best Buy Co. — Int/Div

Bank of America — Int/Div

Transocean Ltd. — None — Buy

Transocean Ltd. — None — Buy (add'l)

MUTUAL FUNDS

Columbia Acom Fund — Int/Div — Sold (part)

Fidelity Equity Income Fund Il — Int/Div

Fidelity Mn. Tax Free Fund — Int/Div

Fidelity Emerging Markets Fund — Int/Div

Fidelity Japan Fund — Int/Div

Fidelity Spartan Muni Income Fund — Int/Div

Fidelity Real Estate Fund — Int/Div

Harbor International Fund — Int/Div

Investment Co Amer Fund — Int/Div

Mutual Beacon Fund — Int/Div

New Perspective Fund — Int/Div

Oppenheimer Capital Inc Fund — Int/Div

Oppenheimer Strategic Income — Int/Div — Sold (part)

Vanguard Fixed Inc Fund S-T — Int/Div

Vanguard Fixed Inc Fund GNMA — Int/Div — Sold (part)

Washington Mutual Fund — Int/Div

Vanguard Windsor Fund — Int/Div

Vanguard Hi-Yield Corp. Fund — Int/Div — Sold (part)

Vanguard Prime MM Fund — Int/Div

Vanguard Short Term Corp. Fund — Int/Div — Sold (part)

Vanguard Long Term Tax Exempt Fund — Int/Div — Sold (part)

Vanguard Wellington Fund — Int/Div

Vanguard Capital Value Fund — Int/Div

Artisan Intemational Fund — Int/Div

Leuthold Core Inv. Fund — Int/Div

Selected American Shares Fund — Int/Div

Amer Century Equity Fund — Int/Div

Chase Growth Fund — Int/Div

Dreyfus Minn Muni Fund — Int/Div

Icon Health Care Fund — None

Matthews Pacific Tiger Fund — Int/Div

Muhlenkamp Fund — Int/Div

MISC

Wells Fargo Bank IRA — Int/Div

F&B Building Partnership — None

Tamarack Investment Tax Free Fund — Int/Div

Schwab Advance Cash Reserve Fund — Int/Div

Wells Fargo Bank — Interest

Past President eee mess —————rees———————eeoe, Federal Bar Association, Minnesota Chapter Sr m———————————————————— eee esimmimmeniie sim —

Member i m———e———————————————————, American Law Institute —_—

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