EFTA00197523¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSIDIARY¶
| | |¶
| :--- | :--- |¶
| ACCOUNT EXECUTIVE | ZICHERMAN,IRA |¶
| TELEPHONE | |¶
| VISIT OUR WEBSITE | www.bearstearns.com |¶
What’s In This Statement¶
| Financial Summary | 3 |
| Your Portfolio Holdings | 4 |
| Transaction Detail | 5 |
| Your Messages | 7 |
HERITAGE INTERESTS¶
FINANCIAL TRUST CO TTEE¶
DTD 7-30-91 *¶
ATTN JEANIE BRENNAN¶
6100 RED HOOK QUARTER STE B-3¶
ST THOMAS VI 00802¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
HERITAGE INTERESTS¶
STATEMENT PERIOD February 24, 2001¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER¶
THROUGH March 30, 2001¶
| LAST STATEMENT | February 23, 2001 |¶
| :--- | :--- |¶
Your Portfolio at a Glance¶
| TOTAL VALUE OF SECURITIES THIS PERIOD | 10,847,087 |
| NET CREDIT BALANCE | 3,448,872 |
| NET EQUITY THIS PERIOD | $14,295,959 |
| NET EQUITY LAST STATEMENT | 13,657,431 |
| CHANGE SINCE LAST STATEMENT | 638,528 |
There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account.¶
Market Value of Your Portfolio¶
Important Notice¶
Decimal Trading is Here for Nasdaq!¶
Decimal Trading is the shift from fractional pricing (e.g. 21 1/2) to decimal pricing (e.g.$21.50) for equities and options.¶
Nasdaq securities have been phased in during March and the remaining securities are scheduled to be trading in decimals in April.¶
For details, visit our website at www.bearstearns.com.¶
Please report any difference or non-receipt of checks or stocks, indicated as delivered to you, to Client Services at 800-634-1428; or write to Client Services at Bear, Steams Securities Corp., One Metrotech Center North, Brooklyn, N.Y. 11201-3859.¶
EFTA00197524¶
2 of 7¶
CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
Bear, Stearns Securities Corp. One Mebrotech Center North Brooklyn, New York 11201-3859¶
HERITAGE INTERESTS¶
STATEMENT BACKER IS PRINTED ON THIS PAGE¶
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EFTA00197525¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
3 of 7¶
Cash Flow Analysis¶
| THIS PERIOD | |
| OpeningBalance | $1,948,206.36 |
| Securities Sold | 308,237.16 |
| Funds Deposited | 4,689.13 |
| Dividends/Interest | 11,755.13 |
| Miscellaneous | 1,256,099.20 |
| Amount Credited | $1,580,780.62 |
| Securities Bought | -80,115.00 |
| Amount Debited | $-80,115.00 |
| Net Cash Activity | 1,500,665.62 |
| Closing Balance | $3,448,871.98 |
Same day transfers of cash between account types are not included in this section; such transfers, as well as details for all other transactions this period, appear in Transaction Detail.¶
Cash Balance Summary¶
| OPENING | CLOSING | |
| Cash | 0.00 | 908,704.60 |
| Margin | 569,670.07 | 1,422,007.20 |
| Short | 1,378,536.29 | 1,118,160.18 |
| Net Cash Balance | $1,948,206.36 | $3,448,871.98 |
Income Summary¶
| THIS PERIOD | YEAR TO DATE | |
|---|---|---|
| Dividends | 128.00 | 41,501.71 |
| Credit Balance Int. | 6,639.24 | 13,709.58 |
| Total | $6,767.24 | $55,211.29 |
Portfolio Composition¶
| SHORT | LONG | |
| Cash/Cash Equivalent | 3,448,872 | |
| Equities | 1,240,530 | 12,087,617 |
| Total | $1,240,530 | $15,536,489 |
CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY¶
Bear, Steams Securities Corp.¶
One Metratech Center North Brooklyn, New York 11201-3859¶
HERITAGE INTERESTS¶
Your Portfolio Allocation¶
EFTA00197526¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
4 of 7¶
Your Portfolio Holdings¶
CASH & CASH EQUIVALENTS¶
| DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME |
| CASH BALANCE | 3,448,872 | ||||
| TOTAL CASH & CASH EQUIVALENTS | $3,448,872 |
EQUITIES¶
Equities & Options¶
| DESCRIPTION | SYMBOL/CUSIP | ACCT TYPE | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|---|
| MEDTRONIC INC | MDT | CASH | 113,961 | 45.7400 | 5,212,576 | 22,792 | 0.4373 |
| PNC FINANCIAL SVCS GROUP INC | PNC | CASH | 62,472 | 67.7500 | 4,232,478 | 119,946 | 2.8339 |
| PNC FINANCIAL SVCS GROUP INC | PNC | SHRT | -10,000 | 67.7500 | -677,500 | -19,200 | 2.8339 |
| TYCO INTERNATIONAL LTD | TYC | CASH | 61,128 | 43.2300 | 2,642,563 | 3,056 | 0.1156 |
| TYCO INTERNATIONAL LTD | TYC | SHRT | -11,000 | 43.2300 | -475,530 | -550 | 0.1157 |
| CALL TYCO INTL OCT 055**** EXP 10/20/2001 | TYCJ55 | CASH | -500 | 1.7500 | -87,500 | ||
| Total Equities& Options | $10,847,087 | $126,044 | |||||
| TOTAL EQUITIES | $10,847,087 | $126,044 | |||||
| YOUR TOTAL ESTIMATED ANNUAL INCOME | $126,046 |
| YOUR PRICED PORTFOLIOHOLDINGS | $14,295,958 |
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSIDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North Brooklyn, New York 11201-3859¶
HERITAGE INTERESTS¶
027¶
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V466¶
EFTA00197527¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
5 of 7¶
HERITAGE INTERESTS¶
Transaction Detail¶
INVESTMENT ACTIVITY¶
| SETTLEMENT DATE | TRADE DATE | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|---|
| 03/06/01 | 03/05/01 | SOLD | CALL TYCO INTL OCT 055**** EXP 10/20/2001 CUSIP NUMBER TO FOLLOW. UNSOLICITED OPEN CONTRACT | QTYCJ55 | -500 | 6.20000 | 308,237.16 | |
| 03/06/01 | 03/05/01 | BOUGHT | CALL TYCO INTL APR 060**** EXP 04/21/2001 CUSIP NUMBER TO FOLLOW. UNSOLICITED CLOSING CONTRACT | QTYCD60 | 500 | 0.84220 | 43,612.50 | |
| 03/14/01 | 03/13/01 | BOUGHT | CALL PNC FINL GRP MAY 075**** EXP 05/19/2001 UNSOLICITED CLOSING CONTRACT | QPNCEO | 500 | 0.70000 | 36,502.50 | |
| TOTAL | -80,115.00 | $308,237.16 | ||||||
DEPOSITS AND WITHDRAWALS¶
| DATE | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 03/21/01 | FUNDS REC | FNDS WIRED TO CITIBANK FROM J.P. MORGAN | 4,689.13 | |
| TOTAL | $4,689.13 | |||
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V466¶
EFTA00197528¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
6 of 7¶
HERITAGE INTERESTS¶
Transaction Detail (continued)¶
DIVIDENDS¶
STATEMENT PERIOD February 24, 2001¶
THROUGH March 30, 2001¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE ($) | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|
| 03/13/01 | JOHNSON & JOHNSON | JNJ | 400 | 0.3200 | 128.00 | |
| REC 02/20/01 PAY 03/13/01 | ||||||
| TOTAL | $128.00 | |||||
| LAST STATEMENT | February 23, 2001 |¶
| :--- | :--- |¶
INTEREST¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE (%) | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|
| 03/21/01 | INTEREST ON CREDIT BALANCE AT 4 1/2% 03/20 THRU 03/20 | 4.5000 | 287.79 | |||
| 03/21/01 | INTEREST ON CREDIT BALANCE AT 5,000% 02/21 THRU 03/19 | 5.0000 | 6,351.45 | |||
| 03/21/01 | SHT ACCT FEE 02/21-03 20 01 | 4,987.89 | ||||
| TOTAL | $11,627.13 | |||||
MISCELLANEOUS¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 02/26/01 | JOURNAL | MARK TO MARKET | 99,456.00 | |
| 02/26/01 | JOURNAL | MARK TO MARKET SHORT POS | 99,456.00 | |
| 03/01/01 | JOURNAL | JOURNAL FROM TYPE 2 TO 1 | 669,126.07 | |
| 03/01/01 | JOURNAL | JOURNAL FROM TYPE 2 TO 1 | 669,126.07 | |
| 03/01/01 | JOURNAL | FROM: XPK/102-16490-2-USD * JRL * | 1,256,099.20 | |
| 03/05/01 | JOURNAL | MARK TO MARKET | 14,209.00 | |
| 03/05/01 | JOURNAL | MARK TO MARKET SHORT POS | 14,209.00 |
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V466¶
EFTA00197529¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
7 of 7¶
Transaction Detail (continued)¶
MISCELLANEOUS (continued)¶
| DATE MO/DAY | TRANSACTION | DESCRIPTION | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|
| 03/12/01 | JOURNAL | MARK TO MARKET | 26,659.00 | |
| 03/12/01 | JOURNAL | MARK TO MARKET SHORT POS | 26,659.00 | |
| 03/19/01 | JOURNAL | MARK TO MARKET | 136,380.00 | |
| 03/19/01 | JOURNAL | MARK TO MARKET SHORT POS | 136,380.00 | |
| 03/26/01 | JOURNAL | MARK TO MARKET | 17,078.00 | |
| 03/26/01 | JOURNAL | MARK TO MARKET SHORT POS | 17,078.00 | |
| TOTAL | -962,908.07 | $2,219,007.27 | ||
Your messages¶
Bear, Stearns Securities Corp. Net Capital and Net Capital Requirements:¶
At November 30, 2000 and January 26, 2001, the Company’s net capital of $2,620,960,000 and $2,761,817,000 was approximately 9% and 10% of aggregate debit items and exceeded the minimum regulatory net capital requirement of $572,456,000 and $559,381,000 by $2,048,504,000 and $2,202,436,000, all respectively.¶
A complete copy of the Bear, Stearns Securities Corp, Statement of Financial Condition is available on the web site www.bearstearns.com. Alternatively, to request a free printed copy please call toll free 1-866-299-9331.¶
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
HERITAGE INTERESTS¶
027¶
03/31/01;17:01 001¶
V466¶