The Buckingham Report

Two years does not yet a tradition make, but with the holiday season fast approaching, we are again offering a gift to faithful readers of the Buckingham Report. Getting started earlier this year so that we can include the added treat of unveiling one new stock each day, we have put together a 2006 holiday calendar which will ultimately feature 26 of our favorite undervalued stocks, all of which will be chosen from the recommended list of The Prudent Speculator. Of course, we'll add the friendly reminder that these stocks are to be held in a broadly diversified portfolio for their long-term, three-to-five year appreciation potential.

Certainly, we recognize that we are utilizing the traditional Advent calendar as the basis for our holiday gift, but in seeking not to offend anyone, our calendar includes the eight days of Hanukkah and extends beyond the customary Advent conclusion on Christmas Eve to include Christmas Day, the beginning of Kwanzaa and Boxing Day.

Simply moving a mouse over the date will reveal each recommendation with one stock visible on December 1, two stocks visible on December 2 and so on until December 26 when all 26 will appear. There is no need to utilize a new Web address every day as the calendar will always be available by visiting http://www.prudentspeculator.com/2006/calendar.html. Readers may wish to bookmark this URL or save this e-mail!

For Prudent Speculator subscribers only, on December 27, we will publish an additional list of the same companies, including related financial and valuation metrics, via a special report on our Web site, prudentspeculator.com.

Happy Holidays from all of us at Al Frank Asset Management and Best Wishes for a healthy, prosperous and tranquil 2007!

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The information contained herein is believed to be reliable. However, such information has not been verified by us and we do not make any representations as to its accuracy or completeness.

Neither the information contained in the Holiday Calendar, nor any opinion expressed in the Buckingham Report, shall be construed to be or constitute an offer to sell or a solicitation of an offer to buy any securities.

Opinions expressed are those of John Buckingham, which are subject to change without notice and are not intended to be a forecast of future events, a guarantee of future results, nor investment advice. Performance results of such recommendations are subject to risks and uncertainties including (i) national and international economic conditions and fluctuations, (ii) economic conditions of particular industry and service sectors, (iii) the ability of the management of the company whose security is recommended to perform and achieve expected results of operations.

Recommendations that appear in the Holiday Calendar may not be suitable for everyone, may not yield profitable results and may actually result in loss of investment capital.

Al Frank Asset Management, Inc. (Al Frank) is adviser to its own proprietary mutual funds and is the manager of individual client investment accounts. As adviser to its own proprietary mutual funds and manager of individual client accounts, Al Frank may purchase, sell or hold positions in the securities that appear on the Holiday Calendar. Also, Al Frank employees may hold, purchase or sell any of the stocks that appear on the Holiday Calendar subject to Al Frank Internal Trading policies.

Al Frank Asset Management, Inc
32392 Coast Hwy, Suite 260
Laguna Beach, CA 92651
USA

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About Al Frank Asset Management

Al Frank Asset Management, Inc. ( Al Frank ) is an Investment Adviser, registered with the Securities & Exchange Commission, is editor of The Prudent Speculator (TPS) newsletter, editor and publisher of The Prudent Speculator TechValue Report (TVR) newsletter, and is the Investment Adviser for individually managed accounts and two value-oriented no-load proprietary equity mutual funds.

Al Frank is committed to assisting our customers build wealth. We are a leading resource for value-based investor information in the financial community, where we combine our simple, proven philosophy of buying under valued securities for their long-term appreciation with our experience, hard work, and intensive research to give you actionable investment information that can be used on a daily basis.

For information on separate account management, please call us toll free at (888) 994-6827. Or, visit us at www.alfrank.com.