Average Sales Price Trends

10%

-10%

20%

30%

40%

50%

60%

70%

-20%

-30%

-40%

-50%

-60%

-70%

30% Magic

-50% Peregrine

Change in average sales price between Quarter ended June 01 and Quarter ended December 01

Sources: Peregrine Analyst Call, January 3, 2002

Peregrine, Research Report, WR Hambrecht + Co, July 31, 2001