Bear Stearns brokerage account statement, quarter ending January 3, 2002

Statements¶

EFTA00198118¶

OFFICE SERVICING YOUR ACCOUNT¶

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶

Financial Summary	3
Your Portfolio Holdings	4
Transaction Detail	8
Fund Activity	17
Trades Not Yet Settled	21

What’s In This Statement¶

Bear, Steams Securities Corp.¶

One Metrotech Center North Brooklyn, New York 11201-3859¶

INSTITUTIONAL INTERESTS¶

There are no “Stop Loss” orders or other pending buy or sell open orders on file for your account.¶

Your Portfolio at a Glance¶

TOTAL VALUE OF SECURITIES THIS PERIOD	14,300,358
NET CREDIT BALANCE	914,140
MONEY MARKET FUND BALANCE	3,162,236
NET EQUITY THIS PERIOD	$18,376,734
NET EQUITY LAST STATEMENT	17,420,427
CHANGE SINCE LAST STATEMENT	956,308

Market Value of Your Portfolio¶

Important Message¶

If any information regarding 2001 interest, dividends, miscellaneous income, gross proceeds or original issue discount is required to be reported to the IRS for this account, a Consolidated Form 1099 will be mailed to you by January 31, 2002 or 1042S by March 15, 2002.¶

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¶

INSTITUTIONAL INTERESTS¶

STATEMENT BACKER IS PRINTED ON THIS PAGE¶

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BEAR STEARNS¶

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶

3 of 21¶

Cash Flow Analysis¶

	THIS PERIOD
OpeningBalance	$873,310.56
Securities Sold	1,669,680.20
Money Fund	2,031,933.59
Dividends/Interest	7,774.85
Miscellaneous	36,278.17
Amount Credited	$3,745,666.81
Securities Bought	-3,361,401.69
Money Fund	-306,933.59
Miscellaneous	-36,501.67
Amount Debited	$-3,704,836.95
Net Cash Activity	40,829.86
Closing Balance	$914,140.42

Cash Balance Summary¶

	OPENING	CLOSING
Cash	873,310.56	914,140.42
Net Cash Balance	$873,310.56	$914,140.42

Income Summary¶

	THIS PERIOD	YEAR TO DATE
Dividends	13,532.09	153,661.75
Substitute Payment	0.00	630.00
Credit Balance Int.	1,176.35	53,133.82
Total	$14,708.44	$207,425.57
Short Dividends	0.00	-144.50
Foreign Tax Withheld	-118.50	-800.74
Margin Int. Paid	0.00	-92.06

Portfolio Composition¶

Cash/Cash Equivalent	4,076,376
Equities	14,300,358
Total	$18,376,734

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶

Bear, Steams Securities Corp.¶

One Metrotech Center North¶

Brooklyn, New York 11201-3859¶

INSTITUTIONAL INTERESTS¶

Your Portfolio Allocation¶

Unshaded portions denote debit balance and/or short market values. The allocation percentage is derived from the absolute market value of your portfolio.¶

EFTA00198121¶

BEAR STEARNS¶

OFFICE SERVICING YOUR ACCOUNT¶

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶

4 of 21¶

Your Portfolio Holdings¶

CASH & CASH EQUIVALENTS¶

DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
CASH BALANCE				914,140
THE TREASURERS FUND INC	GTDXX	3,162,235.72	1.0000	3,162,236	56,920	1.8000
DOMESTIC PRIME M/M PORTFOLIO
TOTAL CASH & CASH EQUIVALENTS				$4,076,376	$56,920

EQUITIES¶

Equities & Options¶

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
ABERCROMBIE & FITCH CO-CL A	ANF	CASH	3,200	26.5300	84,896
ACTV INC	IATV	CASH	22,300	1.8700	41,701
AMERICAN EAGLE OUTFITTERS INC NEW	AEOS	CASH	7,400	26.1700	193,658
ADELPHIA COMMUNICATIONS CORP CL A	ADLAC	CASH	28,654	31.1800	893,432
ANNTAYLOR STORES CORP	ANN	CASH	4,000	35.0000	140,000
AMERICAN STANDARD COMPANIES INC-DEL	ASD	CASH	4,100	68.2300	279,743
BEA SYSTEMS INC	BEAS	CASH	11,400	15.4100	175,674
BEVERLY ENTERPRISES INC NEW	BEV	CASH	49,800	8.6000	428,280
CENDANT CORP	CD	CASH	11,450	19.6100	224,535
COSTCO WHOLESALE CORP-NEW	COST	CASH	2,800	44.3800	124,264
CITIZENS COMMUNICATIONS CO	CZN	CASH	32,800	10.6600	349,648
CSX CORP	CSX	CASH	3,950	35.0500	138,448	1,580	1.1412

CLEARED THROUGH ITS¶

WHOLLY OWNED SUBSDIARY¶

Bear, Steams Securities Corp.¶

One Meterotech Center North Brooklyn, New York 11201-3859¶

INSTITUTIONAL INTERESTS¶

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OFFICE SERVICING YOUR ACCOUNT¶

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶

5 of 21¶

Your Portfolio Holdings (continued)¶

Equities & Options (continued)¶

DESCRIPTION	SYMBOL/CUSIP	ACT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
CABLEVISION SYSTEMS CORP-CL A CABLEVISION NY GROUP COM	CVC	CASH	5,000	47.4500	237,250
CONTINENTAL AIRLINES INC-CL B	CAL	CASH	5,850	26.2100	153,329
DMC STRATEX NETWORKS INC	STXN	CASH	11,950	7.7800	92,971
EDISON INTERNATIONAL	EIX	CASH	10,550	15.1000	159,305
EASTMAN CHEMICAL CO	EMN	CASH	2,500	39.0200	97,550	4,400	4.5105
EMMIS COMMUNICATIONS CORP-CL A	EMMS	CASH	10,550	23.6400	249,402
ENZON INC	ENZN	CASH	1,350	56.2800	75,978
FOX ENTERTAINMENT GROUP INC CL A	FOX	CASH	8,600	26.5300	228,158
FMC CORP NEW	FMC	CASH	2,400	59.5000	142,800
FOOT LOCKER INC	Z	CASH	4,750	15.6500	74,338
FEDERATED DEPARTMENT STORES INC-DEL	FD	CASH	6,800	40.9000	278,120
I-MANY INC	IMNY	CASH	39,150	9.6500	377,798
HCA INC (FRM HCA-HEALTHCARE COMPANY)	HCA	CASH	15,000	38.5400	578,100	1,200	0.2076
HARRAHS ENTERTAINMENT INC	HET	CASH	1,600	37.0100	59,216
IMC GLOBAL INC	IGL	CASH	17,800	13.0000	231,400	1,424	0.6154
IMPERIAL CHEMICAL INDS PLC ADR NEW	ICI	CASH	2,500	21.8500	54,625	3,680	6.7368
KOHLS CORP	KSS	CASH	4,900	70.4400	345,156
LIBERTY MEDIA CORP SER A NEW	LMCA	CASH	37,800	14.0000	529,200
LIZ CLAIBORNE INC	LIZ	CASH	3,700	49.7500	184,075	1,665	0.9045

CLEARED THROUGH ITS¶

WHOLLY OWNED SUBSDIARY¶

Bear, Steams Securities Corp.¶

One Meterotech Center North Brooklyn, New York 11201-3859¶

INSTITUTIONAL INTERESTS¶

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BEAR STEARNS¶

OFFICE SERVICING YOUR ACCOUNT¶

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶

6 of 21¶

Your Portfolio Holdings (continued)¶

Equities & Options (continued)¶

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
MILLENNIUM CHEMICALS INC	MCH	CASH	7,900	12,6000	99,540	4,740	4.7619
MGM MIRAGE	MGG	CASH	1,950	28,8700	56,297
MANDALAY RESORT GROUP	MBG	CASH	1,950	21,4000	41,730
MCDATA CORP CL A	MCDTA	CASH	1,050	24,5000	25,725
MASCO CORP	MAS	CASH	8,200	24,5000	200,900	4,428	2.2041
NOVA CHEMICALS CORP	NCX	CASH	8,600	19,2700	165,722	1,361	0.8213
NAUTICA ENTERPRISES INC	NAUT	CASH	2,600	12,7900	33,254
NORFOLK SOUTHERN CORP	NSC	CASH	14,100	18,3300	258,453	3,384	1.3093
PEREGRINE SYSTEMS INC	PRGN	CASH	7,700	14,8300	114,191
POLO RALPH LAUREN CORP-CL A	RL	CASH	4,707	26,7600	125,959
OMNICARE INC	OCR	CASH	13,100	24,8800	325,928	1,179	0.3617
PACIFIC SUNWEAR OF CALIFORNIA INC	PSUN	CASH	1,800	20,4200	36,756
QUIKSILVER INC	ZOK	CASH	9,500	17,2000	163,400
REMEC INC	REMC	CASH	14,750	9,9900	147,353
ROYAL CARIBBEAN CRUISES LTD	RCL	CASH	23,150	16,2000	375,030	12,038	3.2099
SABRE HOLDINGS CORP CL A	TSG	CASH	6,450	42,3500	273,158
STAGE STORES INC NEW	STGS	CASH	9,700	22,7500	220,675
SINCLAIR BROADCAST GROUP INC CL A	SBGI	CASH	18,000	9,4600	170,280
SOLECTRON CORP	SLR	CASH	23,850	11,2800	269,028
SYMBOL TECHNOLOGIES INC	SBL	CASH	12,200	15,8800	193,736	244	0.1259
TYCO INTERNATIONAL LTD	TYC	CASH	11,300	58,9000	665,570	565	0.0849

CLEARED THROUGH ITS¶

WHOLLY OWNED SUBSDIARY¶

Bear, Steams Securities Corp.¶

One Meterotech Center North Brooklyn, New York 11201-3859¶

INSTITUTIONAL INTERESTS¶

027¶

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BEAR STEARNS¶

OFFICE SERVICING YOUR ACCOUNT¶

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶

7 of 21¶

Your Portfolio Holdings (continued)¶

Equities & Options (continued)¶

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
TALBOTS INC	TLB	CASH	6,000	36.2500	217,500	1,920	0.8828
TENET HEALTHCARE CORP	THC	CASH	7,350	58.7200	431,592
TRANSWITCH CORP	TXCC	CASH	8,100	4.5000	36,450
TEXTRON INC	TXT	CASH	4,400	41.4600	182,424	5,720	3.1356
TOMMY HILFIGER CORP-ORD	TOM	CASH	17,400	13.7500	239,250
USA NETWORKS INC	USAI	CASH	5,800	27.3100	158,398
UNITED RETAIL GROUP INC	URGI	CASH	16,700	7.6500	127,755
UNIVERSAL HEALTH SERVICES INC CL B	UHS	CASH	10,500	42.7800	449,190
VITRIA TECHNOLOGY INC COM	VITR	CASH	21,850	6.3900	139,622
VERITAS SOFTWARE CORP	VRTS	CASH	3,550	44.8200	159,111
VITESSE SEMICONDUCTOR CORP	VTSS	CASH	5,550	12.4600	69,153
VIACOM INC-CL B	VIAB	CASH	6,200	44.1500	273,730
VISHAY INTERTECHNOLOGY INC	VSH	CASH	7,200	19.5000	140,400
YORK INTERNATIONAL CORP NEW	YRK	CASH	7,250	38.1300	276,443	4,350	1.5736
YOUNG BROADCASTING INC-CL A Total Equities& Options	YBTVA	CASH	11,900	17.9500	213,605
					$14,300,358	$53,878
TOTAL EQUITIES					$14,300,358	$53,878

YOUR TOTAL ESTIMATED ANNUAL INCOME	$110,798
YOUR PRICED PORTFOLIO HOLDINGS	$18,376,734

CLEARED THROUGH ITS¶

WHOLLY OWNED SUBSDIARY¶

Bear, Steams Securities Corp.¶

One Meterotech Center North Brooklyn, New York 11201-3859¶

INSTITUTIONAL INTERESTS¶

027¶

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V519¶

EFTA00198125¶

BEAR STEARNS¶

OFFICE SERVICING YOUR ACCOUNT¶

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶

Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶

8 of 21¶

INSTITUTIONAL INTERESTS¶

Transaction Detail¶

INVESTMENT ACTIVITY¶

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
12/03/01	11/28/01	SOLD	AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY JPHQ SEC FEE	AEOS	-445	25.03250		11,124.08
12/04/01	11/29/01	SOLD	AOL TIME WARNER INC EXECUTION BY SBSH COMMISSION 175,00 SEC FEE 2,89	AOL	-2,500	34.62500		86,369.61
12/04/01	11/29/01	SOLD	MCDATA CORP CL A EXECUTION BY INET COMMISSION 66,00 SEC FEE 1,84	MCDTA	-2,200	25.00900		54,936.96
12/05/01	11/30/01	SOLD	AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY RSSF SEC FEE 1,00	AEOS	-1,205	24.80200		29,870.41
12/05/01	11/30/01	BOUGHT	KOHLS CORP EXECUTION BY BUCK COMMISSION 36,00	KSS	600	67.63340	40,631.04
12/06/01	12/03/01	SOLD	AOL TIME WARNER INC EXECUTION BY BUCK COMMISSION 147,00 SEC FEE 2,76	AOL	-2,450	33.75000		82,522.74
12/06/01	12/03/01	BOUGHT	KOHLS CORP EXECUTION BY BUCK COMMISSION 66,00	KSS	1,100	67.11930	73,912.23
12/07/01	12/04/01	BOUGHT	JONES APPAREL GROUP INC EXECUTION BY BUCK COMMISSION 162,00	JNY	2,700	31.75070	85,903.89
12/07/01	12/04/01	BOUGHT	VALBROS INC EXECUTION BY BUCK COMMISSION 138,00	TLB	2,300	32.91860	75,865.78

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EFTA00198126¶

OFFICE SERVICING YOUR ACCOUNT¶

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶

CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶

Bear, Steams Securities Corp.¶

One Meterotech Center North Brooklyn, New York 11201-3859¶

9 of 21¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
12/07/01	12/04/01	BOUGHT	VISHAY INTERTECHNOLOGY INC SEE NOTE 'S' ON BACK EXECUTION BY FBCO COMMISSION 112,00	VSH	1,600	18.90800	30,379.80
12/10/01	12/05/01	SOLD	CABLEVISION SYSTEMS CORP-CL A CABLEVISION NY GROUP COM SEE NOTE 'S' ON BACK EXECUTION BY SBSH COMMISSION 112,00 SEC FEE 2,45	CVC	-1,600	45.80000		73,150.55
12/10/01	12/05/01	BOUGHT	DMC STRATEX NETWORKS INC EXECUTION BY SLKC	STXN	3,200	7.45060	23,856.92
12/10/01	12/05/01	BOUGHT	MASCO CORP WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK COMMISSION 192,00	MAS	3,200	23.01580	73,857.56
12/10/01	12/05/01	SOLD	SONIC AUTOMOTIVE INC-CL A EXECUTION BY FCAP COMMISSION 164,50 SEC FEE 1,63	SAH	-2,350	20.75600		48,595.47
12/10/01	12/05/01	BOUGHT	TALBOTS INC EXECUTION BY BUCK COMMISSION 126,00	TLB	2,100	33.56050	70,618.05
12/11/01	12/06/01	BOUGHT	TMC CORP NEW SEE NOTE 'S' ON BACK EXECUTION BY BUCK COMMISSION 30,00	FMC	500	55.87480	27,982.40
12/11/01	12/06/01	BOUGHT	FEDERATED DEPARTMENT STORES INC DEL EXECUTION BY BUCK COMMISSION 120,00	FD	2,000	37.18560	74,506.20

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EFTA00198127¶

OFFICE SERVICING YOUR ACCOUNT¶

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶

CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶

Bear, Steams Securities Corp.¶

One Meterotech Center North Brooklyn, New York 11201-3859¶

10 of 21¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

DEMENTMENT DATE	DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
12/11/01	12/06/01	SOLD	IMC GLOBAL INC SEE NOTE "S" ON BACK EXECUTION BY MLCO COMMISSION 196,00 SEC FEE 1,26	IGL	-2,800	13.46930		37,501.78
12/11/01	12/06/01	SOLD	KOHLY CORP EXECUTION BY BUCK COMMISSION 24,00 SEC FEE .94	KSS	-400	70.00030		27,960.18
12/11/01	12/06/01	BOUGHT	MASCO CORP WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY FAHN COMMISSION 238,00	MAS	3,400	23.09680	78,782.12
12/11/01	12/06/01	SOLD	TOMMY HILFIGER CORP-ORD EXECUTION BY BUCK COMMISSION 408,00 SEC FEE 3,08	TOM	-6,800	13.55990		91,781.24
12/12/01	12/07/01	BOUGHT	EASTMAN CHEMICAL CO EXECUTION BY MSCO COMMISSION 175,00	EMN	2,500	36.48360	91,399.00
12/12/01	12/07/01	SOLD	JONES APPARAL GROUP INC EXECUTION BY BUCK COMMISSION 30,00 SEC FEE .56	JNY	-500	33.15470		16,531.79
12/12/01	12/07/01	BOUGHT	NORFOLK SOUTHERN CORP EXECUTION BY MLCO COMMISSION 119,00	NSC	1,700	18.93000	32,315.00
12/12/01	12/07/01	BOUGHT	QUKSILVER INC EXECUTION BY BUCK COMMISSION 126,00	ZQK	2,100	15.10270	31,856.67
12/13/01	12/10/01	BOUGHT	FEDERATED DEPARTMENT STORES INC-DEL EXECUTION BY BUCK COMMISSION 54,00	FD	900	37.55580	33,869.22

027¶

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EFTA00198128¶

OFFICE SERVICING YOUR ACCOUNT¶

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶

CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶

Bear, Steams Securities Corp.¶

One Meterotech Center North Brooklyn, New York 11201-3859¶

11 of 21¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

DEMENT DATE	DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
12/13/01	12/10/01	SOLD	JONES APPAREL GROUP INC EXECUTION BY BUCK COMMISSION 132,00 SEC FEE 2,40	JNY	-2,200	32.68170		71,750.34
12/14/01	12/11/01	BOUGHT	AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY JPHQ	AEOS	1,500	25.33670	38,020.05
12/14/01	12/11/01	BOUGHT	ANNITAYLOR STORES CORP SEE NOTE 'S' ON BACK EXECUTION BY BUCK COMMISSION 132,00	ANN	2,200	29.36840	64,757.48
12/14/01	12/11/01	SOLD	TIBCO SOFTWARE INC EXECUTION BY FBCO SEC FEE 2,38	TIBX	-5,000	14.25850		71,275.12
12/14/01	12/11/01	SOLD	TRW INC WITH RIGHTS TO PURCHASE COMMON STK. UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK COMMISSION 273,00 SEC FEE 6,02	TRW	-4,550	39.63370		180,039.32
12/14/01	12/11/01	SOLD	TOMMY HILFIGER CORP-ORD EXECUTION BY BUCK COMMISSION 138,00 SEC FEE 1,13	TOM	-2,300	14.70000		33,655.87
12/14/01	12/11/01	SOLD	VITRIA TECHNology INC COM EXECUTION BY FBCO SEC FEE .89	VITR	-4,300	6.16670		26,500.92
12/14/01	12/11/01	SOLD	VERITAS SOFTWARE CORP EXECUTION BY COWN SEC FEE 1,99	VRTS	-1,400	42.63000		59,665.01
12/17/01	12/12/01	SOLD	VERITAS SOFTWARE CORP EXECUTION BY COWN SEC FEE .90	VRTS	-600	44.70000		26,804.10

027¶

01/03/02;10:04 001¶

EFTA00198129¶

OFFICE SERVICING YOUR ACCOUNT¶

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶

CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶

Bear, Steams Securities Corp.¶

One Meterotech Center North Brooklyn, New York 11201-3859¶

12 of 21¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

EMENT DATE	DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
12/18/01	12/13/01	BOUGHT	COSTCO WHOLESALE CORP-NEW EXECUTION BY MONT VS 1500 12-13-01	COST	1,500	40.90750	61,376.25
12/18/01	12/13/01	SOLD	TOMMY HILFIGER CORP-ORD EXECUTION BY BUCK VS 700 08-24-01 COMMISSION 42,00 SEC FEE 33	TOM	-700	14.03500		9,767.17
12/19/01	12/14/01	BOUGHT	AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY JPHQ VS 2000 12-14-01	AEOS	2,000	23.05000	46,115.00
12/19/01	12/14/01	BOUGHT	FEDERATED DEPARTMENT STORES NCG DEL EXECUTION BY BUCK VS 2000 12-14-01 COMMISSION 120,00	FD	2,000	36.84410	73,823.20
12/20/01	12/17/01	BOUGHT	ANNAYLOR STORES CORP SEE NOTE 'S' ON BACK EXECUTION BY BUCK VS 1800 12-17-01 COMMISSION 108,00	ANN	1,800	29.58150	53,369.70
12/20/01	12/17/01	SOLD	IMC GLOBAL INC SEE NOTE 'S' ON BACK EXECUTION BY BUCK VS 2500 11-18-01 COMMISSION 150,00 SEC FEE 1,12	IGL	-2,500	13.42030		33,384.63
12/20/01	12/17/01	SOLD	TIBCO SOFTWARE INC EXECUTION BY COWN VS 1500 07-12-01, 1000 03-27-01 SEC FEE 1,13	TIBX	-2,500	13.51500		33,771.37
12/20/01	12/17/01	SOLD	VERISIGN INC EXECUTION BY COWN VS 4000 11-07-01 SEC FEE 5,59	VRSN	-4,000	41.85500		167,399.41

01/03/02;10:04 001	V519

EFTA00198130¶

OFFICE SERVICING YOUR ACCOUNT¶

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶

CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶

Bear, Steams Securities Corp.¶

One Metrotech Center North¶

Brooklyn, New York 11201-3859¶

13 of 21¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

IMMEMENT DATE	DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
12/20/01	12/17/01	SOLD	VITRIA TECHNOLOGY INC COM EXECUTION BY FBCO VS 2200 01-17-01 SEC FEE .44	VITR	-2,200	5.92130		13,011.42
12/21/01	12/18/01	BOUGHT	AMERICAN MOBILE & FICH CO-CL A EXECUTION BY IGRQ VS 3200 12-18-01 COMMISSION 224,00	ANF	3,200	24.00800	77,064.60
12/21/01	12/18/01	BOUGHT	AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY MONT VS 2200 12-18-01	AEOS	2,200	23.87810	52,546.82
12/21/01	12/18/01	BOUGHT	CONTINENTAL AIRLINES INC-CL B EXECUTION BY SIMM VS 3500 12-18-01 COMMISSION 245,00	CAL	3,500	23.97500	84,172.50
12/21/01	12/18/01	BOUGHT	EMMIS COMMUNICATIONS CORP-CL A EXECUTION BY FCAP VS 5250 12-18-01	EMMS	5,250	20.33730	106,785.83
12/21/01	12/18/01	SOLD	MCDATA CORP CL A EXECUTION BY INET VS 1100 10-18-01 COMMISSION 33,00 SEC FEE .90	MCDTA	-1,100	24.52880		26,932.78
12/21/01	12/18/01	BOUGHT	MASCO CORP WITH RIGHTS TO PURCHASE PREFRD STN UNDER CERTAIN CIRCUUMSTANCE UNSOLICITED AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT	MAS	1,600	24.78000	39,760.00
12/21/01	12/18/01	BOUGHT	NORFOLK SOUTHERN CORP EXECUTION BY DRKW VS 3600 12-18-01 COMMISSION 252,00	NSC	3,600	18.82380	68,032.68

027¶

01/03/02;10:04 001¶

EFTA00198131¶

OFFICE SERVICING YOUR ACCOUNT¶

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶

CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶

Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶

14 of 21¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

DEMENT DATE	DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
12/21/01	12/18/01	BOUGHT	ROYAL CARIBBEAN CRUISES LTD SEE NOTE 'S' ON BACK EXECUTION BY GSCO VS 5700 12-18-01 COMMISSION	RCL	5,700	14.24760	81,625.32
12/21/01	12/18/01	BOUGHT	SINCLAIR BROADCAST GROUP INC CL A EXECUTION BY DBAB VS 9000 12-18-01	SBGI	9,000	8.87530	79,892.70
12/21/01	12/18/01	SOLD	TIBO SOFTWARE INC EXECUTION BY COWIN VS 5000 03-27-01 SEC FEE	TIBX	-5,000	14.02130		70,089.16
12/21/01	12/18/01	BOUGHT	VIACOM INC-CLB EXECUTION BY DAIN VS 2000 12-18-01 COMMISSION	VIAB	2,000	42.83000	85,815.00
12/24/01	12/19/01	BOUGHT	AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY RSSF VS 1100 12-19-01	AEOS	1,100	25.16000	27,691.00
12/24/01	12/19/01	SOLD	EXPEDITORS INTERNATIONAL OF WASHINGTON INC EXECUTION BY SLKC VS 2100 11-13-01 SEC FEE	EXPD	-2,100	57.40310		120,527.49
12/24/01	12/19/01	SOLD	FEDDA CORP EXECUTION BY FACT VS 2100 10-03-01 COMMISSION	FDX	-2,100	49.87000		104,561.50
12/24/01	12/19/01	BOUGHT	LIZ CLAIBORNE INC EXECUTION BY BUCK VS 2300 12-19-01 COMMISSION	LIZ	2,300	50.40000	116,073.00

027¶

01/03/02;10:04 001¶

EFTA00198132¶

OFFICE SERVICING YOUR ACCOUNT¶

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶

CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶

Bear, Steams Securities Corp.¶

One Meterotech Center North Brooklyn, New York 11201-3859¶

15 of 21¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

DATE	DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
12/24/01	12/19/01	SOLD	TIBCO SOFTWARE INC EXECUTION BY INET VS 1500 03-27-01, 2500 10-03-01 COMMISSION 120,00 SEC FEE 2,02	TIBX	4,000	15.08420		60,199.78
12/24/01	12/19/01	BOUGHT	TALBOTS INC EXECUTION BY BUCK VS 800 12-19-01 COMMISSION 48,00	TLB	800	32.80000	26,303.00
12/26/01	12/20/01	BOUGHT	AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY JPHQ VS 600 12-20-01	AEOS	600	26.17500	15,720.00
12/26/01	12/20/01	BOUGHT	PACIFIC SUNWEAR OF CALIFORNIA INC EXECUTION BY RHCO VS 1800 12-20-01	PSUN	1,800	17.54250	31,591.50
12/26/01	12/20/01	BOUGHT	QUINSILVER INC EXECUTION BY BUCK VS 7400 12-20-01 COMMISSION 444,00	ZQK	7,400	15.91990	118,266.26
12/26/01	12/20/01	BOUGHT	ROVAL CARIBBEAN CRUISES LTD SEE NOTE 'S' ON BACK EXECUTION BY RYAN VS 4100 12-20-01 COMMISSION 287,00	RCL	4,100	14.55800	59,989.80
12/27/01	12/21/01	BOUGHT	CARBLVISION SYSTEMS CORP-CL A CABLEVISION NY GROUP COM SEE NOTE 'S' ON BACK EXECUTION BY MONT VS 1800 12-21-01 COMMISSION 126,00	CVC	1,800	45.52400	82,084.20
12/27/01	12/21/01	BOUGHT	PEREGRINE SYSTEMS INC EXECUTION BY SBSH VS 1800 12-21-01	PRGN	1,800	13.40000	24,135.00

027¶

01/03/02;10:04 001¶

EFTA00198133¶

OFFICE SERVICING YOUR ACCOUNT¶

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶

CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶

Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶

16 of 21¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

DEMENTARY DATE	DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
12/27/01	12/21/01	BOUGHT	ROYAL CARIBBEAN CRUISES LTD SEE NOTE 'S' ON BACK EXECUTION BY JPHQ VS 2700 12-21-01 COMMISSION	RCL	2,700	14.85930	40,324.11
12/27/01	12/21/01	BOUGHT	STAGE STORES INC NEW EXECUTION BY HRZ0 VS 4200 12-21-01	STGS	4,200	20.91750	87,868.50
12/27/01	12/21/01	BOUGHT	SOLECTRON CORP EXECUTION BY MLCO VS 7000 12-21-01 COMMISSION	SLR	7,000	10.25000	72,255.00
12/27/01	12/21/01	BOUGHT	SOLECTRON CORP EXECUTION BY DRKW VS 10600 12-21-01 COMMISSION	SLR	10,600	10.15300	108,378.80
12/27/01	12/21/01	BOUGHT	VISHAM INTERTECHNOLOGY INC SEE NOTE 'S' ON BACK EXECUTION BY GKMC VS 700 12-21-01 COMMISSION	VSH	700	18.51450	13,024.15
12/28/01	12/24/01	BOUGHT	CONTINENTAL AIRLINES INC-CL B EXECUTION BY BUCK VS 2100 12-24-01 COMMISSION AS OF 12/24/01	CAL	2,100	24.41580	51,414.18
12/28/01	12/24/01	BOUGHT	STAGE STORES INC NEW EXECUTION BY INET VS 3100 12-24-01 COMMISSION	STGS	3,100	21.50000	66,758.00
12/31/01	12/26/01	BOUGHT	CONTINENTAL AIRLINES INC-CL B EXECUTION BY BUCK VS 250 12-26-01 COMMISSION	CAL	250	24.55800	6,168.50

027¶

01/03/02;10:04 001¶

EFTA00198134¶

OFFICE SERVICING YOUR ACCOUNT¶

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶

Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶

17 of 21¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
12/31/01	12/26/01	BOUGHT	EMMIS COMMUNICATIONS CORP-CL A EXECUTION BY JPHQ VS 5300 12-26-01	EMMS	5,300	22.96000	121,703.00
12/31/01	12/26/01	BOUGHT	ROYAL CARIBBEAN CRUISES LTD SEE NOTE 'S' ON BACK EXECUTION BY BUCK VS 2000 12-26-01 COMMISSION 120,00	RCL	2,000	15.19840	30,531.80
12/31/01	12/26/01	BOUGHT	STAGE STORES INC NEW EXECUTION BY INET VS 2400 12-26-01 COMMISSION 72,00	STGS	2,400	22.10870	53,147.88
12/31/01	12/26/01	BOUGHT	SINCLAIR BROADCAST GROUP INC CL A EXECUTION BY DBAB VS 9000 12-26-01	SBGI	9,000	9.48000	85,335.00
12/31/01	12/26/01	BOUGHT	SOLECTRON CORP EXECUTION BY MONT VS 6250 12-26-01 COMMISSION 437,50	SLR	6,250	10.51800	66,190.00
12/31/01	12/26/01	BOUGHT	YOUNG BROADCASTING INC-CL A EXECUTION BY JPHQ VS 11900 12-26-01	YBTVA	11,900	16.60000	197,555.00

MONEY FUND ACTIVITY¶

DATE MO/DAY	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUN
12/01/01		OPENINGBALANCE		4,880,302.13
12/03/01	BOUGHT	THE TREASURES FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	100,000	1.0000	100,000.00

027¶

EFTA00198135¶

BEAR STEARNS¶

OFFICE SERVICING YOUR ACCOUNT¶

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶

CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶

Bear, Steams Securities Corp.¶

One Meterotech Center North Brooklyn, New York 11201-3859¶

18 of 21¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

MONEY FUND ACTIVITY (continued)¶

MONDAY	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
12/05/01	SOLD	THE TREASURERS FUND INC DOMESTIC PRIME MM PORTFOLIO	GTDXX	-300,000	1.0000		300,000.00
12/10/01	SOLD	THE TREASURERS FUND INC DOMESTIC PRIME MM PORTFOLIO	GTDXX	-75,000	1.0000		75,000.00
12/12/01	BOUGHT	THE TREASURERS FUND INC DOMESTIC PRIME MM PORTFOLIO	GTDXX	200,000	1.0000	200,000.00
12/20/01	SOLD	THE TREASURERS FUND INC DOMESTIC PRIME MM PORTFOLIO	GTDXX	-300,000	1.0000		300,000.00
12/21/01	DIVIDEND	THE TREASURERS FUND INC DOMESTIC PRIME MM PORTFOLIO MONTHLY DIVIDEND	GTDXX				3,146.78
12/21/01	DIVIDEND	THE TREASURERS FUND INC DOMESTIC PRIME MM PORTFOLIO MONTHLY DIVIDEND	GTDXX				3,786.81
12/21/01	REINVEST	THE TREASURERS FUND INC DOMESTIC PRIME MM PORTFOLIO MONTHLY DIVIDEND REINVESTED	GTDXX	3,146.78		3,146.78
12/21/01	REINVEST	THE TREASURERS FUND INC DOMESTIC PRIME MM PORTFOLIO MONTHLY DIVIDEND REINVESTED	GTDXX	3,786.81		3,786.81
12/24/01	SOLD	THE TREASURERS FUND INC DOMESTIC PRIME MM PORTFOLIO	GTDXX	-200,000	1.0000		200,000.00
12/24/01	SOLD	THE TREASURERS FUND INC DOMESTIC PRIME MM PORTFOLIO	GTDXX	-450,000	1.0000		450,000.00
12/26/01	SOLD	THE TREASURERS FUND INC DOMESTIC PRIME MM PORTFOLIO	GTDXX	-100,000	1.0000		100,000.00
12/27/01	SOLD	THE TREASURERS FUND INC DOMESTIC PRIME MM PORTFOLIO	GTDXX	-600,000	1.0000		600,000.00
12/27/01	JOURNAL	THE TREASURERS FUND INC FROM: TDL * JRL *	GTDXX	3,786.81
12/27/01	JOURNAL	THE TREASURERS FUND INC TO: TDL * JRL *	GTDXX	-3,786.81

027¶

01/03/02;10:04 001¶

EFTA00198136¶

BEAR STEARNS¶

OFFICE SERVICING YOUR ACCOUNT¶

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶

CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶

Bear, Steams Securities Corp.¶

One Metrotech Center North¶

Brooklyn, New York 11201-3859¶

19 of 21¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

MONEY FUND ACTIVITY (continued)¶

DATE MO/DAY	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
12/31/01		CLOSINGBALANCE		3,162,235.72
TOTAL						-306,933.59	$2,031,933.59

DIVIDENDS¶

DATE	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	RATE ($)	DEBIT AMOUNT	CREDIT AMOUNT
12/03/01	HCA INC (FRM HCA-HEALTHCARE COMPANY) REC 11/01/01 PAY 12/01/01	HCA	15,000	0.0200		300.00
12/10/01	LIZ CLAIBORNE INC REC 11/19/01 PAY 12/10/01	LIZ	1,400	0.1125		157.50
12/10/01	NORFOLK SOUTHERN CORP REC 11/02/01 PAY 12/10/01	NSC	7,800	0.0600		468.00
12/10/01	TARGET CORP REC 11/20/01 PAY 12/10/01	TGT	2,000	0.0550		110.00
12/11/01	OMNICARE INC REC 11/27/01 PAY 12/11/01	OCR	13,100	0.0225		294.75
12/14/01	CSX CORP REC 11/23/01 PAY 12/14/01	CSX	3,950	0.1000		395.00
12/17/01	EXPEDITORS INTERNATIONAL OF WASHINGTON INC REC 12/03/01 PAY 12/17/01	EXPD	2,100	0.1000		210.00
12/17/01	TRW INC REC 11/09/01 PAY 12/15/01	TRW	4,550	0.1750		796.25
12/17/01	TALBOTS INC REC 12/03/01 PAY 12/17/01	TLB	800	0.0800		64.00
12/19/01	MILLENNIUM CHEMICALS INC REC 12/03/01 PAY 12/19/01 FOREIGN TAX WITHHELD	MCH	7,900 WH	0.1500	118.50	1,185.00

027¶

01/03/02;10:04 001¶

EFTA00198137¶

BEAR STEARNS¶

OFFICE SERVICING YOUR ACCOUNT¶

Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶

CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY¶

20 of 21¶

Bear, Steams Securities Corp.¶

One Metrotech Center North¶

Brooklyn, New York 11201-3859¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

DIVIDENDS (continued)¶

STATEMENT PERIOD December 1, 2001¶

THROUGH December 31, 2001¶

DATE	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	RATE ($)	DEBIT AMOUNT	CREDIT AMOUNT
12/28/01	ROYAL CARIBBEAN CRUISES LTD REC 12/17/01 PAY 12/28/01	RCL	8,650	0.1300		1,124.50
12/28/01	YORK INTERNATIONAL CORP NEW REC 12/19/01 PAY 12/28/01	YRK	7,250	0.1500		1,087.50
12/31/01	IMC GLOBAL INC REC 12/14/01 PAY 12/31/01	IGL	20,300	0.0200		406.00
TOTAL					-118.50	$6,598.50

LAST STATEMENT	November 30, 2001

INTEREST¶

DATE	DESCRIPTION			SYMBOL/CUSIP	QUANTITY	RATE (%)	DEBIT AMOUNT	CREDIT AMOUNT
12/21/01	INT CR		DEC 01					1,176.35
TOTAL								$1,176.35

MISCELLANEOUS¶

DATE MO/DAY	TRANSACTION	DESCRIPTION	DEBIT AMOUNT	CREDIT AMOUNT
12/03/01	JOURNAL	TO CLOSE LINE		35,101.82
12/03/01	JOURNAL	CASH	35,101.82
		TO CLOSE LINE
12/07/01	JOURNAL	11/01 CLR CHG	105.00
12/27/01	JOURNAL	FROM: TDL -USD * JRL *		1,176.35
12/27/01	JOURNAL	TO: TDL -USD * JRL *	1,176.35
TOTAL			-36,383.17	$36,278.17

027¶

01/03/02;10:04 001¶

EFTA00198138¶

BEAR STEARNS¶

OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179¶

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶

Bear, Stearns Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859¶

21 of 21¶

INSTITUTIONAL INTERESTS¶

Trades Executed Pending Settlement¶

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
01/03/02	12/28/01	SOLD	ADELPHIA COMMUNICATIONS CORP CL A	ADLAC	-5,600.00	30.4500		170,502.44
01/03/02	12/28/01	BOUGHT	MASCO CORP WITH RIGHTS TO PURCHASE PREFRD	MAS	2,900.00	24.5848	71,484.92
01/04/02	12/31/01	BOUGHT	CHILDRENS PLACE RETAIL STORES INC	PLCE	2,100.00	27.3235	57,394.35
01/04/02	12/31/01	BOUGHT	FOOT LOCKER INC	Z	6,000.00	15.8389	95,453.40
01/04/02	12/31/01	SOLD	TRANSWITCH CORP	TXCC	-8,100.00	4.5223		36,372.08
TOTAL							$224,332.67	$206,874.52

The above trades do not appear in any other section of this statement.¶

******* End of Statement*******¶

01/03/02;10:04 001¶

027¶