EFTA00197628¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
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| :--- | :--- |¶
| ACCOUNT EXECUTIVE | GREENBERG,ALAN C. |¶
| 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 |
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSIDIARY¶
INSTITUTIONAL INTERESTS A/C #2¶
C/O FINANCIAL TRUST COMPANY¶
ATTN LARRY KEMP¶
6100 RED HOOK QUARTER¶
SUITE B-3¶
ST THOMAS VI 00802¶
Bear, Stearns Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
Your Portfolio at a Glance¶
There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account.¶
| TOTAL VALUE OF SECURITIES THIS PERIOD | 19,718,175 |
| NET CREDIT BALANCE | 797,400 |
| NET EQUITY THIS PERIOD | $20,515,575 |
| NET EQUITY LAST STATEMENT | 21,270,943 |
| CHANGE SINCE LAST STATEMENT | -755,368 |
ACCOUNT NUMBER¶
| LAST STATEMENT | August 31, 2001 |¶
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TAXPAYER NUMBER On File¶
Market Value of Your Portfolio¶
STATEMENT PERIOD September 1, 2001¶
THROUGH September 28, 2001¶
INSTITUTIONAL INTERESTS A/C #2¶
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.¶
This summary is for informational purposes only. It is not intended as a tax document. This statement should be retained for your records. See reverse side for important information.¶
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CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶
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Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶
STATEMENT BACKER IS PRINTED ON THIS PAGE¶
INSTITUTIONAL INTERESTS A/C #2¶
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BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
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Cash Flow Analysis¶
| THIS PERIOD | |
| OpeningBalance | $138,743.05 |
| Securities Sold | 619,099.29 |
| Dividends/Interest | 39,557.98 |
| Amount Credited | $658,657.27 |
| Net Cash Activity | 658,657.27 |
| ClosingBalance | $797,400.32 |
Cash Balance Summary¶
| OPENING | CLOSING | |
| Cash | 138,743.05 | 797,400.32 |
| Net Cash Balance | $138,743.05 | $797,400.32 |
Income Summary¶
| THIS PERIOD | YEAR TO DATE | |
|---|---|---|
| Dividends | 39,010.00 | 229,480.00 |
| Credit Balance Int. | 547.98 | 7,601.96 |
| Total | $39,557.98 | $237,081.96 |
Portfolio Composition¶
| Cash/Cash Equivalent | 797,400 |
| Equities | 19,718,175 |
| Total | $20,515,575 |
CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
INSTITUTIONAL INTERESTS A/C #2¶
| STATEMENT PERIOD | September 1, 2001 |
|---|---|
| THROUGH | September 28, 2001 |
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
Your Portfolio Allocation¶
| LAST STATEMENT | August 31, 2001 |¶
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Unshaded portions denote debit balance and/or short market values. The allocation percentage is derived from the absolute market value of your portfolio.¶
EFTA00197631¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
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Your Portfolio Holdings¶
CASH & CASH EQUIVALENTS¶
| DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|
| CASH BALANCE | 797,400 | |||||
| TOTAL CASH & CASH EQUIVALENTS | $797,400 |
EQUITIES¶
Equities & Options¶
| DESCRIPTION | SYMBOL/CUSIP | ACCT TYPE | QUANTITY | PRICE | MARKET VALUE | ESTIMATED ANNUAL INCOME | CURRENT YIELD (%) |
|---|---|---|---|---|---|---|---|
| AMERICAN HOME PRODUCTS CORP | AHP | CASH | 24,000 | 58.2500 | 1,398,000 | 22,080 | 1.5794 |
| AMERICAN INTERNATIONAL GROUP INC | AIG | CASH | 20,000 | 78.0000 | 1,560,000 | 3,360 | 0.2154 |
| BANK OF AMER CORP | BAC | CASH | 25,000 | 58.4000 | 1,460,000 | 56,000 | 3.8356 |
| BRISTOL MYERS SQUIBB CO | BMY | CASH | 25,000 | 55.5600 | 1,389,000 | 27,500 | 1.9798 |
| GOLDMAN SACHS GROUP INC | GS | CASH | 10,000 | 71.3500 | 713,500 | 4,800 | 0.6727 |
| INTERNATIONAL BUSINESS MACHINES CORP | IBM | CASH | 10,000 | 92.3000 | 923,000 | 5,600 | 0.6067 |
| JP MORGAN CHASE & CO | JPM | CASH | 37,500 | 34.1500 | 1,280,625 | 51,000 | 3.9824 |
| JOHNSON& JOHNSON | JNJ | CASH | 50,000 | 55.4000 | 2,770,000 | 36,000 | 1.2996 |
| MBNA CORP | KRB | CASH | 70,000 | 30.2900 | 2,120,300 | 25,200 | 1.1885 |
| PFIZER INC | PFE | CASH | 75,000 | 40.1000 | 3,007,500 | 33,000 | 1.0973 |
| PROCTER & GAMBLE CO | PG | CASH | 25,000 | 72.7900 | 1,819,750 | 38,000 | 2.0882 |
| VIACOM INC-CL B | VIAB | CASH | 37,000 | 34.5000 | 1,276,500 | ||
| Total Equities& Options | $19,718,175 | $302,540 | |||||
| TOTAL EQUITIES | $19,718,175 | $302,540 |
CLEARED THROUGH ITS¶
WHOLLY OWNED SUBSDIARY¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
INSTITUTIONAL INTERESTS A/C #2¶
STATEMENT PERIOD September 1, 2001¶
THROUGH September 28, 2001¶
AGCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | August 31, 2001 |¶
| :--- | :--- |¶
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EFTA00197632¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶
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Bear, Steams Securities Corp.¶
One Meterotech Center North Brooklyn, New York 11201-3859¶
INSTITUTIONAL INTERESTS A/C #2¶
STATEMENT PERIOD September 1, 2001¶
Your Portfolio Holdings (continued)¶
THROUGH September 28, 2001¶
ACCOUNT NUMBER¶
| YOUR TOTAL ESTIMATED ANNUAL INCOME | $302,540 |
| YOUR PRICED PORTFOLIOHOLDINGS | $20,515,575 |
TAXPAYER NUMBER On File¶
| LAST STATEMENT | August 31, 2001 |¶
| :--- | :--- |¶
Transaction Detail¶
INVESTMENT ACTIVITY¶
| SETTLEMENT DATE | TRADE DATE | TRANSACTION | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | PRICE | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|---|---|
| 09/10/01 | 09/05/01 | SOLD | MORGAN STANLEY DEAN WITTER & CO AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT | MWD | -12,000 | 51.90010 | 619,099.29 | |
| TOTAL | $619,099.29 | |||||||
DIVIDENDS¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE ($) | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|
| 09/04/01 | AMERICAN HOME PRODUCTS CORP REC 08/13/01 PAY 09/01/01 | AHP | 24,000 | 0.2300 | 5,520.00 | |
| 09/06/01 | PFIZER INC REC 08/17/01 PAY 09/06/01 | PFE | 75,000 | 0.1100 | 8,250.00 |
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EFTA00197633¶
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 Metratech Center North Brooklyn, New York 11201-3859¶
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INSTITUTIONAL INTERESTS A/C #2¶
Transaction Detail (continued)¶
STATEMENT PERIOD September 1, 2001¶
DIVIDENDS (continued)¶
THROUGH September 28, 2001¶
ACCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | August 31, 2001 |¶
| :--- | :--- |¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE ($) | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|
| 09/10/01 | INTERNATIONAL BUSINESS MACHINES CORP REC 08/10/01 PAY 09/10/01 | IBM | 10,000 | 0.1400 | 1,400.00 | |
| 09/11/01 | JOHNSON & JOHNSON REC 08/21/01 PAY 09/11/01 | JNJ | 50,000 | 0.1800 | 9,000.00 | |
| 09/14/01 | AMERICAN INTERNATIONAL GROUP INC REC 08/09/01 PAY 09/14/01 | AIG | 20,000 | 0.0420 | 840.00 | |
| 09/28/01 | BANK OF AMER CORP REC 09/07/01 PAY 09/28/01 | BAC | 25,000 | 0.5600 | 14,000.00 | |
| TOTAL | $39,010.00 | |||||
INTEREST¶
| DATE | DESCRIPTION | SYMBOL/CUSIP | QUANTITY | RATE (%) | DEBIT AMOUNT | CREDIT AMOUNT |
|---|---|---|---|---|---|---|
| 09/21/01 | INTEREST ON CREDIT BALANCE AT 0 1/2% 09/19 THRU 09/20 | 0.5000 | 21.75 | |||
| 09/21/01 | INTEREST ON CREDIT BALANCE AT 1 1/2% 09/17 THRU 09/18 | 1.5000 | 65.24 | |||
| 09/21/01 | INTEREST ON CREDIT BALANCE AT 2,000% 08/21 THRU 09/16 | 2.0000 | 460.99 | |||
| TOTAL | $547.98 | |||||
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EFTA00197634¶
BEAR STEARNS¶
OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 245 Park Avenue New York, New York 10167¶
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CLEARED THROUGH ITS¶
CLEARLY WOUNDED SUBSIDIARY¶
This statement is provided to explain Bear, Stearns & Co., Inc.’s (“BSC”) payment for order flow practices.¶
Your messages¶
BSC routes a majority of orders for customer securities transactions to the primary market for such securities. Orders may also be routed to other market service vendors that assure executions pursuant to complex mathematical formulas at better than the national best bid or best offer (NBBO). BSC receives no cash payment or other consideration for such order routing other than favorable executions or executions of limit orders at no additional charge.¶
Bear, Steams Securities Corp.¶
One Metrotech Center North¶
Brooklyn, New York 11201-3859¶
Beginning October 31, 2001, you may request the identity of the venue to which any of your orders were routed for execution (if the order was within the six months prior to the request or July 2, 2001, whichever is a later date), whether the order was directed by you to that venue, and the time of the executions, if any, that resulted from such orders.¶
INSTITUTIONAL INTERESTS A/C #2¶
STATEMENT PERIOD September 1, 2001¶
THROUGH September 28, 2001¶
AGCOUNT NUMBER¶
TAXPAYER NUMBER On File¶
| LAST STATEMENT | August 31, 2001 |¶
| :--- | :--- |¶
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V500¶
EFTA00197635¶
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¶
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Bear, Stearns Securities Corp, Net Capital and Net Capital Requirements:¶
At May 25, 2001 and July 27, 2001, the Company’s net capital of $2.7 billion and $2.7 billion was approximately 8.9% and 9.2% of aggregate debit items and exceeded the minimum regulatory net capital requirement of $605.5 million and $585.5 million by $2.1 billion and $2.1 billion, 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¶
TAXPAYER NUMBER On File¶
STATEMENT PERIOD September 1, 2001¶
INSTITUTIONAL INTERESTS A/C #2¶
| LAST STATEMENT | August 31, 2001 |¶
| :--- | :--- |¶
THROUGH September 28, 2001¶
ACCOUNT NUMBER¶
Securities and other assets in your account are the firm’s collateral for any margin loan made to you. If the securities and other assets in your account decline in value, so does the value of the collateral supporting your loan, and, as a result, the firm can take action, such as issue a margin call and/or sell securities or other assets in any of your accounts held with the member, in order to maintain the required equity in the account. It is important that you fully understand the risks involved in trading securities on margin. These risks include the following:¶
You can lose more funds than you deposited in the margin account.¶
The firm can force the sale of securities or other assets in your account(s).¶
The firm can sell your securities or other assets without contacting you.¶
You are not entitled to choose which securities or other assets in your account(s) are liquidated or sold to meet a margin call.¶
The firm can increase it’s “house” maintenance requirements at any time and is not required to provide you advance written notice.¶
You are not entitled to an extension of time on a margin¶
******* End of Statement*******¶
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