Bear Stearns institutional account statement, April 2002

EFTA00198481¶

BEAR STEARNS¶

OFFICE SERVICING YOUR ACCOUNT¶

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

What’s In This Statement¶

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY¶

Financial Summary	3
Your Portfolio Holdings	4
Transaction Detail	8
Fund Activity	22
Trades Not Yet Settled	24

INSTITUTIONAL INTERESTS¶

C/O FINANCIAL TRUST COMPANY¶

ATTN JEANNE BRENNAN¶

6100 RED HOOK QUARTER¶

SUITE B-3¶

ST THOMAS VI 00802¶

Bear, Steams Securities Corp.¶

One Metratech Center North¶

Brooklyn, New York 11201-3859¶

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

INSTITUTIONAL INTERESTS¶

Your Portfolio at a Glance¶

TOTAL VALUE OF SECURITIES THIS PERIOD	13,248,135
NET CREDIT BALANCE	843,946
MONEY MARKET FUND BALANCE	3,535,003
NET EQUITY THIS PERIOD	$17,627,084
NET EQUITY LAST STATEMENT	18,082,026
CHANGE SINCE LAST STATEMENT	-454,942

Market Value of Your Portfolio¶

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¶

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Cash Flow Analysis¶

	THIS PERIOD
OpeningBalance	$1,031,509.02
Securities Sold	2,680,526.61
Money Fund	1,104,606.35
Dividends/Interest	5,664.68
Miscellaneous	35.00
Amount Credited	$3,790,832.64
Securities Bought	-2,873,754.03
Money Fund	-1,104,606.35
Miscellaneous	-35.00
Amount Debited	$-3,978,395.38
Net Cash Activity	-187,562.74
Closing Balance	$843,946.28

Cash Balance Summary¶

	OPENING	CLOSING
Cash	1,028,273.38	839,663.46
Margin	3,235.64	4,282.82
Net Cash Balance	$1,031,509.02	$843,946.28

Income Summary¶

	THIS PERIOD	YEAR TO DATE
Dividends	9,223.85	24,192.23
Credit Balance Int.	1,047.18	4,282.82
Total	$10,271.03	$28,475.05
Foreign Tax Withheld	0.00	-81.03

Portfolio Composition¶

Cash/Cash Equivalent	4,378,949
Equities	13,248,135
Total	$17,627,084

CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY¶

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.¶

EFTA00198484¶

BEAR STEARNS¶

OFFICE SERVICING YOUR ACCOUNT¶

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

4 of 25¶

Your Portfolio Holdings¶

CASH & CASH EQUIVALENTS¶

DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
CASH BALANCE				843,946
THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	3,530,171.02	1.0000	3,530,171	51,894	1.4700
THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	4,832.32	1.0000	4,832	71	1.4694
TOTAL CASH & CASH EQUIVALENTS				$4,378,949	$51,965

EQUITIES¶

Equities & Options¶

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURREN YIELD (%)
ABERCROMBIE & FITCH CO-CL A	ANF	CASH	3,200	30.3600	97,152
ACTV INC	IATV	CASH	17,300	1.2500	21,625
AMERICAN EAGLE OUTFITTERS INC NEW	AEOS	CASH	6,600	25.7300	169,818
ADELPHIA COMMUNICATIONS CORP CL A	ADLAE	CASH	8,354	6.0000	50,124
ALLERGAN INC	AGN	CASH	1,750	65.7300	115,028	630	0.5477
BEA SYSTEMS INC	BEAS	CASH	10,500	10.1600	106,680
BEVERLY ENTERPRISES INC NEW	BEV	CASH	44,800	8.7000	389,760
C R BARD INC	BCR	CASH	3,100	55.0800	170,748	2,604	1.5251
BOISE CASCADE CORP	BCC	CASH	2,700	33.1400	89,478	1,620	1.8105
CENDANT CORP	CD	CASH	11,450	18.4000	210,680
CELESTICA INC SUBORD VTG SHS	CLS	CASH	4,200	28.3500	119,070

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¶

5 of 25¶

Your Portfolio Holdings (continued)¶

Equities & Options (continued)¶

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
COSTCO WHOLESALE CORP-NEW	COST	CASH	6,550	39.9200	261,476
CITIZENS COMMUNICATIONS CO	CZN	CASH	37,200	9.7500	362,700
CSX CORP	CSX	CASH	2,700	36.6400	98,928	1,080	1.0917
CANDIES INC	CAND	MRGN	346	3.2500	1,125
KENNETH COLE PRODUCTIONS INC CL A	KCP	CASH	5,900	27.0000	159,300
CISCO SYSTEMS INC	CSCO	CASH	10,200	13.9100	141,882
CONTINENTAL AIRLINES INC-CL B	CAL	CASH	12,150	27.1800	330,237
COOPER INDUSTRIES INC	CBE	CASH	3,500	43.3000	151,550	4,900	3.2333
DMC STRATEX NETWORKS INC	STXN	CASH	11,450	4.3000	49,235
DOW CHEMICAL CO	DOW	CASH	8,800	31.2000	274,560	11,792	4.2949
EDISON INTERNATIONAL	EIX	CASH	19,150	18.2100	348,722
EXPRESSJET HOLDINGS INC	XJT	CASH	4,800	14.3300	68,784
EMMIS COMMUNICATIONS CORP-CL A	EMMS	CASH	13,550	30.1500	408,533
ENZON INC	ENZN	CASH	5,950	36.7700	218,782
EXPEDITORS INTERNATIONAL OF WASHINGTON INC	EXPD	CASH	3,000	57.4600	172,380	600	0.3481
FOX ENTERTAINMENT GROUP INC CL A	FOX	CASH	14,600	24.0600	351,276
FEDEX CORP	FDX	CASH	2,600	54.3400	141,284
FOOT LOCKER INC	Z	CASH	2,650	15.6000	41,340
FEDERATED DEPARTMENT STORES INC-DEL	FD	CASH	3,900	39.9100	155,649
FLEXTRONICS INTERNATIONAL LTD	FLEX	CASH	11,200	13.4600	150,752

CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY¶

Bear, Steams Securities Corp.¶

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

INSTITUTIONAL INTERESTS¶

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EFTA00198486¶

BEAR STEARNS¶

OFFICE SERVICING YOUR ACCOUNT¶

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

6 of 25¶

Your Portfolio Holdings (continued)¶

Equities & Options (continued)¶

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD [%]
IONA TECHNOLOGIES PLC SPONSORED ADR	IONA	CASH	14,800	12.0500	178,340
HONEYWELL INTL INC	HON	CASH	4,150	36.9200	153,218	3,113	2.0317
I-MANY INC	IMNY	CASH	56,050	5.0500	283,053
HCA INC (FRM HCA-HEALTHCARE COMPANY)	HCA	CASH	12,400	47.9000	593,960	992	0.1670
IMC GLOBAL INC	IGL	CASH	17,200	12.5800	216,376	1,376	0.6359
JONES APPAREL GROUP INC	JNY	CASH	5,200	38.7800	201,656
KOHLS CORP	KSS	CASH	3,500	72.7500	254,625
LIBERTY MEDIA CORP SER A NEW	L	CASH	34,400	10.6100	364,984
LIZ CLAIBORNE INC	LIZ	CASH	10,400	31.7400	330,096	2,340	0.7089
MILLENNIUM CHEMICALS INC	MCH	CASH	6,200	13.6000	84,320	3,348	3.9706
MYKROLIS CORP	MYK	CASH	10,700	15.1600	162,212
MASCO CORP	MAS	CASH	3,300	28.0000	92,400	1,782	1.9286
NOVA CHEMICALS CORP	NCX	CASH	4,500	23.0800	103,860	729	0.7019
NORTHWEST AIRLINES CORP	NWAC	CASH	2,500	19.3800	48,450
NORFOLK SOUTHERN CORP	NSC	CASH	4,350	21.6000	93,960	1,044	1.1111
POLO RALPH LAUREN CORP-CLA A	RL	CASH	8,907	28.4700	253,582
OMNICARE INC	OCR	CASH	6,300	27.7900	175,077	567	0.3239
PACIFIC SUNWEAR OF CALIFORNIA INC	PSUN	CASH	5,450	25.5000	138,975
JC PENNEY CO INC	JCP	CASH	5,300	21.4600	113,738	2,650	2.3299
QUIKSILVER INC	ZOK	CASH	13,300	24.1400	321,062
REMEC INC	REMC	CASH	4,350	8.0000	34,800

CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY¶

Bear, Steams Securities Corp.¶

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

INSTITUTIONAL INTERESTS¶

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EFTA00198487¶

BEAR STEARNS¶

OFFICE SERVICING YOUR ACCOUNT¶

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

7 of 25¶

Your Portfolio Holdings (continued)¶

Equities & Options (continued)¶

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
ROYAL CARIBBEAN CRUISES LTD	RCL	CASH	13,850	22.9000	317,165	7,202	2.2707
SICOR INC	SCRI	CASH	10,800	17.5500	189,540
SKECHERS USA INC CL A	SKX	CASH	9,000	23.0000	207,000
STAGE STORES INC NEW	STGS	CASH	14,300	32.1600	459,888
SANMINA-SCI CORP	SANM	CASH	11,900	10.5700	125,783
SINCLAIR BROADCAST GROUP INC CL A	SBGI	CASH	21,600	12.7400	275,184
SYMBOL TECHNOLOGIES INC	SBL	CASH	20,500	8.4100	172,405	410	0.2378
TYCO INTERNATIONAL LTD	TYC	CASH	4,900	19.9000	97,510	245	0.2513
TIBCO SOFTWARE INC	TIBX	CASH	17,400	8.8000	153,120
TALBOTS INC	TLB	CASH	4,600	34.6400	159,344	1,472	0.9238
TIMBERLAND CO-CL A	TBL	CASH	3,900	41.3600	161,304
TOMMY HILFIGER CORP-ORD	TOM	CASH	19,700	16.1200	317,564
TRIQUINT SEMICONDUCTOR INC	TQNT	CASH	11,500	10.0000	115,000
UNITED PARCEL SVC INC CL B	UPS	CASH	4,150	60.4100	250,702	3,154	1.2581
UNITED RETAIL GROUP INC	URGI	CASH	16,700	9.0000	150,300
VISHAY INTERTECHNOLOGY INC	VSH	CASH	7,500	19.8800	149,100
YOUNG BROADCASTING INC-CL A	YBTVA	CASH	14,400	22.2100	319,824
Total Equities& Options					$13,248,135	$53,650
TOTAL EQUITIES					$13,248,135	$53,650

CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY¶

Bear, Steams Securities Corp.¶

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

INSTITUTIONAL INTERESTS¶

027¶

04/27/02;13:44 001¶

V557¶

EFTA00198488¶

BEAR STEARNS¶

OFFICE SERVICING YOUR ACCOUNT¶

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

CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY¶

8 of 25¶

Bear, Steams Securities Corp.¶

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

INSTITUTIONAL INTERESTS¶

Your Portfolio Holdings (continued)¶

YOUR TOTAL ESTIMATED ANNUAL INCOME	$105,615
YOUR PRICED PORTFOLIOHOLDINGS	$17,627,084

Transaction Detail¶

INVESTMENT ACTIVITY¶

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
04/01/02	03/26/02	SOLD	AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY RSSF VS 1400 12-14-01 SEC FEE	AEOS	-1,400	25.12900		35,165.07
04/01/02	03/26/02	BOUGHT	BURLINGTON NORTHERN SANTA FE CORP SEE NOTE 'S' ON BACK EXECUTION BY FBCO VS 1700 03-26-02 COMMISSION	BNI	1,700	29.98880	51,114.96
04/01/02	03/26/02	BOUGHT	BOISE CASCADE CORP WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE SEE NOTE 'S' ON BACK EXECUTION BY JPHQ VS 1100 03-26-02 COMMISSION	BCC	1,100	35.40000	39,032.00

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EFTA00198489¶

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¶

9 of 25¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

SEREMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
04/01/02	03/26/02	SOLD	CHILDREN'S PLACE RETAIL STORES INC EXECUTION BY SLKC VS 600 01-03-02, 900 01-14-02, 2100 12-31-01 SEC FEE	PLCE	-3,600	31.78000		114,391.28
04/01/02	03/26/02	BOUGHT	CSX CORP WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY FBCO VS 1000 03-26-02 COMMISSION	CSX	1,000	37.19550	37,280.50
04/01/02	03/26/02	BOUGHT	CONTINENTAL AIRLINES INC-CL B EXECUTION BY BUCK VS 1300 03-26-02 COMMISSION	CAL	1,300	27.27050	35,544.65
04/01/02	03/26/02	BOUGHT	FLEXTRONICS INTERNATIONAL LTD EXECUTION BY FLTT VS 1400 03-26-02	FLEX	1,400	17.77000	24,893.00
04/01/02	03/26/02	SOLD	MASCO CORP WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY RYAN VS 1000 12-06-01 COMMISSION	MAS	-1,000	27.21000		27,124.59
04/01/02	03/26/02	SOLD	NOVA CHEMICALS CORP EXECUTION BY MLCO VS 2200 05-04-01 COMMISSION	NCX	-2,200	23.72040		52,015.09
04/01/02	03/26/02	BOUGHT	SANMINA-SCI CORP EXECUTION BY FLTT VS 1400 03-26-02	SANM	1,400	11.97000	16,773.00

027¶

04/27/02;13:44 001¶

EFTA00198490¶

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 Mebrotech Center North Brooklyn, New York 11201-3859¶

10 of 25¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
04/02/02	03/27/02	SOLD	ADELPHIA COMMUNICATIONS CORP CL A EXECUTION BY SBSH VS 1800 01-16-02, 1700 09-29-00 SEC FEE ,98 AS OF 03/27/02	ADLAE	-3,500	18.50000		64,734.02
04/02/02	03/27/02	SOLD	EASTMAN CHEMICAL CO EXECUTION BY GSCO VS 500 01-31-02, 600 01-24-02 COMMISSION SEC FEE ,81 AS OF 03/27/02	EMN	-1,100	48.96410		53,767.70
04/02/02	03/27/02	SOLD	MASCO CORP WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MLCO VS 1000 12-06-01 COMMISSION 70.00 SEC FEE ,41	MAS	-1,000	27.22900		27,143.59
04/02/02	03/27/02	SOLD	TEXTRON INC WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY GSCO VS 1400 11-15-01 COMMISSION 98.00 SEC FEE 1,06	TXT	-1,400	50.31600		70,328.34
04/03/02	03/28/02	BOUGHT	CELESTICA INC SUBORD VTG SHS EXECUTION BY MONT VS 3000 02-28-02 COMMISSION 210,00	CLS	3,000	36.56400	109,917.00
04/03/02	03/28/02	BOUGHT	CISCO SYSTEMS INC EXECUTION BY JPHU VS 1,8600 03-28-02	CSCO	13,600	16.96740	230,771.64

027¶

04/27/02;13:44 001¶

EFTA00198491¶

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¶

11 of 25¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
04/03/02	03/28/02	BOUGHT	CONTINENTAL AIRLINES INC-CL B EXECUTION BY SBSH VS 1200 03-28-02 COMMISSION 84,00	CAL	1,200	28.33010	34,095.12
04/03/02	03/28/02	SOLD	EASTMAN CHEMICAL CO EXECUTION BY SIMM VS 1100 01-24-02 COMMISSION 77,00 SEC FEE 81	EMN	-1,100	48.78250		53,567.94
04/03/02	03/28/02	BOUGHT	FLEXTRONICS INTERNATIONAL LTD EXECUTION BY JPHQ VS 1000 03-28-02	FLEX	1,000	18.53440	18,549.40
04/03/02	03/28/02	BOUGHT	TRIQUINT SEMICONDUCTOR INC EXECUTION BY VKCO VS 1500 03-28-02	TQNT	1,500	12.18800	18,297.00
04/04/02	04/01/02	SOLD	ADELPHA COMMUNICATIONS CORP CL A EXECUTION BY INET VS 300 09-29-00, 1900 09-28-00, 1300 11-27-01 COMMISSION 105,00 SEC FEE 1,42	ADLAE	-3,500	13.45980		46,987.88
04/04/02	04/01/02	SOLD	FOOTSTAR INC EXECUTION BY BUCK VS 3900 01-15-02 COMMISSION 234,00 SEC FEE 3,48	FTS	-3,900	29.61830		115,258.89
04/05/02	04/02/02	SOLD	ADELPHA COMMUNICATIONS CORP CL A EXECUTION BY SBSH VS 2600 11-27-01, 1000 11-20-01 SEC FEE 1,38	ADLAE	-3,600	12.67700		45,620.82

027¶

04/27/02;13:44 001¶

EFTA00198492¶

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 25¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
04/05/02	04/02/02	SOLD	BURLINGTON NORTHERN SANTA FE CORP SEE NOTE "S" ON BACK EXECUTION BY FBCO VS 1000 03-06-02 COMMISSION 70,00 SEC FEE 88	BNI	-1,000	29.15000		29,064.12
04/05/02	04/02/02	SOLD	BOISE CASCADE CORP WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY JPHO VS 900 03-05-02 COMMISSION 63,00	BCC	-900	35.02070		31,439.68
04/05/02	04/02/02	SOLD	CSX CORP WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY FBCO VS 300 03-06-02, 800 02-28-02 COMMISSION 77,00 SEC FEE 1,23	CSX	-1,100	37.09580		40,712.15
04/05/02	04/02/02	SOLD	CUMMINS ING WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY JPHO VS 700 03-12-02, 1800 03-05-02 COMMISSION 175,00 SEC FEE 3,49	CUM	-2,500	46.32360		115,615.51
04/05/02	04/02/02	SOLD	EMMIS COMMUNICATIONS CORP-CL A EXECUTION BY DBAB VS 1400 01-08-02 SEC FEE 1,16 AS OF 04/02/02	EMMS	-1,400	27.37000		38,301.84

027¶

04/27/02;13:44 001¶

EFTA00198493¶

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 25¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

IMMEMENT DATE	DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
04/05/02	04/02/02	SOLD	HONEYWELL INTL INC SEE NOTE "S" ON BACK EXECUTION BY JPHQ VS 700 01-03-02 COMMISSION 49,00 SEC FEE 80	HON	-700	37.90300		26,467.30
04/05/02	04/02/02	SOLD	MASCO CORP WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MSCO VS 1300 12-06-01 COMMISSION 91,00 SEC FEE 1,96	MAS	-1,300	26.89040		34,850.46
04/05/02	04/02/02	SOLD	NOVA CHEMICALS CORP EXECUTION BY ADAM VS 1300 05-04-01, 600 04-17-01 COMMISSION 133,00 SEC FEE 1,36	NCX	-1,900	23.70760		44,895.08
04/05/02	04/02/02	SOLD	NORFOLK SOUTHERN CORP EXECUTION BY FBCO VS 1100 10-11-01 COMMISSION 77,00 SEC FEE 76	NSC	-1,100	22.90000		25,097.24
04/05/02	04/02/02	SOLD	PPG INDUSTRIES INC EXECUTION BY ADAM VS 500 01-31-02 COMMISSION 35,00 SEC FEE 82	PPG	-500	54.00670		26,952.53
04/05/02	04/02/02	SOLD	SINCLAIR BROADCAST GROUP INC CL A EXECUTION BY DBAB VS 3600 01-08-02 SEC FEE 1,42	SBGI	-3,600	13.07100		47,039.18
04/05/02	04/02/02	SOLD	YOUNG BROADCASTING INC-CLA EXECUTION BY SBSH VS 1600 01-08-02, 1000 01-04-02 SEC FEE 1,89	YBTVA	-2,600	24.14800		62,767.91

027¶

04/27/02;13:44 001¶

EFTA00198494¶

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 25¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

EMENT DATE	DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
04/08/02	04/03/02	SOLD	ALLERGAN INC EXECUTION BY COWN VS 1000 03-06-02 COMMISSION 70,00 SEC FEE 1,90	AGN	-1,000	62.97600		62,889.10
04/08/02	04/03/02	BOUGHT	I-MANY INC EXECUTION BY RSSF VS 7000 04-03-02 COMMISSION 350,00 AS OF 04/03/02	IMNY	7,000	4.55000	32,215.00
04/08/02	04/03/02	SOLD	VITRIA TECHNOLOGY INC COM EXECUTION BY FLTT VS 1500 02-23-01, 10700 01-11-01, 3450 03-23-01 SEC FEE 1,24	VITR	-15,650	2.62620		41,083.79
04/09/02	04/04/02	SOLD	ADELPHIA COMMUNICATIONS CORP CL A EXECUTION BY SBSH VS 1900 11-20-01 SEC FEE .65	ADLAE	-1,900	11.22000		21,302.35
04/09/02	04/04/02	SOLD	LIBERTY MEDIA CORP SER A NEW EXECUTION BY JPHQ VS 1200 09-14-00, 2900 09-18-00, 2700 09-28-00 COMMISSION 476,00 SEC FEE 2,41	L	-6,800	11.75000		79,406.59
04/09/02	04/04/02	BOUGHT	VC PHINNEY CO INC SEE NOTE 'S' ON BACK EXECUTION BY MONT VS 2100 04-04-02 COMMISSION 147,00	JCP	2,100	19.47950	41,068.95
04/11/02	04/08/02	BOUGHT	CELESTICA INC SUBORD VTG SHHS EXECUTION BY MONT VS 1200 04-08-02 COMMISSION 84,00	CLS	1,200	30.22860	36,373.32

027¶

04/27/02;13:44 001¶

EFTA00198495¶

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¶

15 of 25¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

IMMEMENT DATE	DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
04/11/02	04/08/02	BOUGHT	IONA TECHNOLOGIES PLC SPONSORED ADR EXECUTION BY COWN VS 1400 04-08-02	IONA	1,400	14.11000	19,769.00
04/11/02	04/08/02	BOUGHT	LZ CLAIBORNE 'INC EXECUTION BY BMUR VS 3000 04-08-02 COMMISSION 210,00	LIZ	3,000	29.32090	88,187.70
04/11/02	04/08/02	BOUGHT	PACIFIC SUNWEAR OF CALIFORNIA INC EXECUTION BY RSSF VS 1500 04-08-02	PSUN	1,500	24.98250	37,488.75
04/11/02	04/08/02	BOUGHT	JC PENNEY CO INC SEE NOTE 'S' ON BACK EXECUTION BY FLTOR VS 2700 04-08-02 COMMISSION 189,00	JCP	2,700	20.35130	55,152.51
04/11/02	04/08/02	BOUGHT	TIBCO SOFTWARE INC EXECUTION BY FLTT VS 1300 04-08-02	TIBX	1,300	10.29170	13,394.21
04/12/02	04/09/02	BOUGHT	STAGE STORES INC NEW EXECUTION BY CLYN VS 2000 04-09-02 COMMISSION 50,00	STGS	2,000	28.74600	57,557.00
04/15/02	04/10/02	BOUGHT	JONES APPAREL GROUP INC EXECUTION BY MONT VS 2500 04-10-02 COMMISSION 175,00	JNY	2,500	37.09570	92,929.25
04/15/02	04/10/02	BOUGHT	TIBCO SOFTWARE INC EXECUTION BY TWPT VS 3400 04-10-02	TIBX	3,400	10.59000	36,021.00
04/15/02	04/10/02	BOUGHT	TOMMY HILFIGER CORP-ORD EXECUTION BY MLCO VS 4000 04-10-02 COMMISSION 280,00	TOM	4,000	15.57160	62,581.40

027¶

04/27/02;13:44 001¶

EFTA00198496¶

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 25¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
04/16/02	04/11/02	SOLD	REMEC INC EXECUTION BY CLYN VS 900 04-18-01 COMMISSION 22,50 SEC FEE 26	REMC	-900	9.33650		8,365.09
04/16/02	04/11/02	SOLD	SYMBOL TECHNOLOGIES INC EXECUTION BY MDLD VS 4000 07-12-01 COMMISSION 240,00 SEC FEE 1,12	SBL	4,000	9.25000		36,743.88
04/17/02	04/12/02	BOUGHT	C R BARD INC WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY ADAM VS 3100 04-12-02 COMMISSION 217,00	BCR	3,100	57.04770	177,079.87
04/17/02	04/12/02	BOUGHT	CONTINENTAL AIRLINES INC-CL B EXECUTION BY SBSH VS 1500 04-12-02 COMMISSION 105,00	CAL	1,500	29.25160	43,997.40
04/17/02	04/12/02	BOUGHT	DOW CHEMICAL CO EXECUTION BY NEED VS 4200 04-12-02 COMMISSION 294,00	DOW	4,200	32.97380	138,798.96
04/17/02	04/12/02	SOLD	ENZON INC EXECUTION BY COWN VS 50 08-09-01, 750 09-17-01 SEC FEE 97	ENZN	-800	40.08000		32,048.03
04/17/02	04/12/02	SOLD	FOOT LOCKER INC EXECUTION BY BUCK VS 1150 10-11-01, 3900 01-03-02, 900 01-04-02, 2250 01-15-02 COMMISSION 492,00 SEC FEE 4,00	Z	-8,200	16.18790		132,229.78

027¶

04/27/02;13:44 001¶

EFTA00198497¶

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¶

17 of 25¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

DATE	INDEX DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
04/17/02	04/12/02	BOUGHT	I-MANY INC EXECUTION BY RSSF VS 2500 04-12-02 COMMISSION 125,00	IMNY	2,500	4.50000	11,390.00
04/17/02	04/12/02	BOUGHT	JONES APPAREL GROUP INC EXECUTION BY DAIN VS 600 04-12-02 COMMISSION 42,00	JNY	600	37.01170	22,264.02
04/17/02	04/12/02	BOUGHT	TIBCO SOFTWARE INC EXECUTION BY TWPT VS 3800 04-12-02	TIBX	3,800	9.71070	36,915.66
04/18/02	04/15/02	SOLD	CONTINENTAL AIRLINES INC-CL B EXECUTION BY SBSH VS 1500 04-12-02, 1100 03-28-02 COMMISSION 182,00 SEC FEE 2,27	CAL	-2,600	28.88130		74,892.11
04/18/02	04/15/02	SOLD	FOOT LOOKER INC EXECUTION BY BUCK VS 350 01-15-02, 350 10-05-01 COMMISSION 42,00 SEC FEE 35	Z	-700	16.15030		11,247.86
04/18/02	04/15/02	BOUGHT	JC PENNKEY CO INC SEE NOTE 'S' ON BACK EXECUTION BY BUCK VS 1000 04-15-02 COMMISSION 60,00	JCP	1,000	21.59010	21,665.10
04/19/02	04/16/02	SOLD	ADELPHIA COMMUNICATIONS CORP CL A EXECUTION BY MONT VS 1700 11-20-01, 600 11-16-01 SEC FEE 50	ADLAE	-2,300	7.15000		16,429.50
04/19/02	04/16/02	BOUGHT	EDISON INTERNATIONAL EXECUTION BY VKCO VS 4900 04-16-02 COMMISSION 343,00	EIX	4,900	16.85950	82,969.55

027¶

04/27/02;13:44 001¶

EFTA00198498¶

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¶

18 of 25¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
04/19/02	04/16/02	BOUGHT	FEDEX CORP EXECUTION BY FBCO VS 2600 04-16-02 COMMISSION 182,00	FDX	2,600	54.96750	143,112.50
04/19/02	04/16/02	SOLD	FOOT LOOKER INC EXECUTION BY BUCK VS 900 10-05-01 COMMISSION 54,00 SEC FEE .43	Z	-900	15.77840		14,131.13
04/19/02	04/16/02	BOUGHT	IONA TECHNOLOGIES PLC SPONSORED ADR EXECUTION BY COWN VS 3500 04-16-02	IONA	3,500	14.99330	52,491.55
04/19/02	04/16/02	BOUGHT	I-MANY INC EXECUTION BY RSSF VS 3500 04-16-02 COMMISSION 175,00	IMNY	3,500	5.05000	17,865.00
04/19/02	04/16/02	BOUGHT	JC PENNEY CO INC SEE NOTE 'S' ON BACK EXECUTION BY BUCK VS 2000 04-16-02 COMMISSION 120,00	JCP	2,000	21.78480	43,704.60
04/19/02	04/16/02	BOUGHT	TIBCO SOFTWARE INC EXECUTION BY TWPT VS 1000 04-16-02	TIBX	1,000	10.44200	10,457.00
04/19/02	04/16/02	SOLD	TENET HEALTHCARE CORP EXECUTION BY RHCO VS 4000 12-29-99, 350 12-20-99 COMMISSION 367,50 SEC FEE 11,08	THC	-5,250	70.10520		367,658.72
04/19/02	04/16/02	BOUGHT	TRIOUNT SEMICONDUCTOR INC EXECUTION BY RSSF VS 1500 04-16-02	TONT	1,500	11.89800	17,862.00

027¶

04/27/02;13:44 001¶

EFTA00198499¶

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¶

19 of 25¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
04/22/02	04/17/02	SOLD	IONA TECHNOLOGIES PLC SPONSORED ADR EXECUTION BY INET VS 1200 01-24-02, 1400 01-23-02 COMMISSION 78,00 SEC FEE 1,04	IONA	-2,600	13.27700		34,426.16
04/22/02	04/17/02	BOUGHT	JONES APPAREL GROUP INC EXECUTION BY BUCK VS 2100 04-17-02 COMMISSION 126.00	JNY	2,100	38.61650	81,235.65
04/22/02	04/17/02	BOUGHT	MILLENNIUM CHEMICALS INC EXECUTION BY MLCO VS 6200 04-17-02 COMMISSION 434.00	MCH	6,200	14.68840	91,517.08
04/23/02	04/18/02	BOUGHT	AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY JPHQ VS 4000 04-18-02	AEOS	4,000	25.76500	103,075.00
04/23/02	04/18/02	BOUGHT	CONTINENTAL AIRLINES INC-CL B EXECUTION BY SBSH VS 2600 04-18-02 COMMISSION 182.00	CAL	2,600	27.81200	72,508.20
04/23/02	04/17/02	BOUGHT	EXPRESSJET HOLDINGS INC EXECUTION BY SBSH AS OF 04/17/02	XJT	4,800	16.00000	76,815.00
04/23/02	04/18/02	BOUGHT	I-MANY INC EXECUTION BY RSSF VS 3900 04-18-02 COMMISSION 195.00	IMNY	3,900	4.88330	19,254.87
04/23/02	04/18/02	SOLD	J.C PENNEY CO INC SEE NOTE 'S' ON BACK EXECUTION BY FCAP VS 700 04-16-02 COMMISSION 49,00 SEC FEE 46	JCP	-700	21.75700	15,165.44

027¶

04/27/02;13:44 001¶

EFTA00198500¶

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¶

20 of 25¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
04/23/02	04/18/02	SOLD	SYMBOL TECHNOLOGIES INC EXECUTION BY FLCR VS 450 07-12-01, 2050 07-30-01 COMMISSION 175,00 SEC FEE ,83	SBL	-2,500	10.99990		27,308.92
04/24/02	04/19/02	SOLD	FOOT LOCKER 'INC EXECUTION BY BUCK VS 950 10-05-01, 250 01-30-02 COMMISSION 72,00 SEC FEE ,59	Z	-1,200	16.28000		19,448.41
04/24/02	04/19/02	SOLD	JC PENNIE CO INC SEE NOTE 'S' ON BACK EXECUTION BY BUCK VS 1300 04-16-02, 500 04-15-02 COMMISSION 108,00 SEC FEE 1,14	JCP	-1,800	20.90240		37,500.18
04/24/02	04/19/02	SOLD	SYMBOL TECHNOLOGIES INC EXECUTION BY SBSH VS 2400 07-30-01, 1100 10-04-0 1,2500 03-21-02, 100 10-03-01 COMMISSION 366,00 SEC FEE 1,77	SBL	-6,100	9.60070		58,181.50
04/25/02	04/22/02	SOLD	BURLINGTON NORTHERN SANTA FE CORP SEE NOTE 'S' ON BACK EXECUTION BY UBSW VS 700 03-06-02, 1000 03-12-02 1,700 03-28-02 COMMISSION 238,00	BNI	-3,400	28.29210		95,937.24
04/25/02	04/22/02	SOLD	CSX CORP WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUIMSTANCE EXECUTION BY UBSW VS 2700 02-28-02 COMMISSION 189,00 SEC FEE 2,82	CSX	-2,700	34.61320		93,248.82

027¶

04/27/02;13:44 001¶

EFTA00198501¶

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¶

21 of 25¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
04/25/02	04/22/02	SOLD	CISCO SYSTEMS INC EXECUTION BY FBCO VS 3400 03-28-02 COMMISSION 170,00 SEC FEE 1,52	CSCO	-3,400	14.83150		50,240.58
04/25/02	04/22/02	SOLD	NORFOLK SOUTHERN CORP EXECUTION BY UBSW VS 1550 10-11-01, 150 10-24-01 COMMISSION 119,00 SEC FEE 1,18	NSC	-1,700	22.87640		38,754.70
04/25/02	04/22/02	SOLD	SINCLAIR BROADCAST GROUP INC CL A EXECUTION BY SLKC VS 2400 01-08-02 COMMISSION 120,00 SEC FEE .91	SBGI	-2,400	12.53580		29,950.01
04/26/02	04/23/02	BOUGHT	AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY RSSF VS 2600 04-23-02	AEOS	2,600	26.72670	69,504.42
04/26/02	04/23/02	BOUGHT	COSTCO WHOLESALE CORP-NEW EXECUTION BY MONT VS 1250 04-23-02	COST	1,250	40.64750	50,824.38
04/26/02	04/23/02	BOUGHT	DOW CHEMICAL CO EXECUTION BY DRKW VS 4600 04-23-02 COMMISSION 322,00	DOW	4,600	32.06530	147,837.38
04/26/02	04/23/02	SOLD	PPG INDUSTRIES INC EXECUTION BY DRKW VS 1000 01-31-02 COMMISSION 70,00 SEC FEE 1,59	PPG	-1,000	52.71510		52,628.51

027¶

04/27/02;13:44 001¶

EFTA00198502¶

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¶

22 of 25¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

INVESTMENT ACTIVITY (continued)¶

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
04/26/02	04/23/02	BOUGHT	TALBOTS INC EXECUTION BY BUCK VS 4600 04-23-02 COMMISSION	TLB	4,600	32.89380	151,602.48
TOTAL							-2,873,754.03	$2,680,526.61

MONEY FUND ACTIVITY¶

MOIDAY	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
03/29/02		OPENINGBALANCE		3,530,396.99
04/03/02	BOUGHT	THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	700,000	1.0000	700,000.00
04/05/02	BOUGHT	THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	100,000	1.0000	100,000.00
04/09/02	SOLD	THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	-200,000	1.0000		200,000.00
04/11/02	SOLD	THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	-250,000	1.0000		250,000.00
04/15/02	SOLD	THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	-200,000	1.0000		200,000.00
04/18/02	SOLD	THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	-50,000	1.0000		50,000.00
04/22/02	SOLD	THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	-100,000	1.0000		100,000.00
04/23/02	BOUGHT	THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	300,000	1.0000	300,000.00
04/23/02	DIVIDEND	THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND	GTDXX				3,778.40
04/23/02	DIVIDEND	THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND	GTDXX				827.95

027¶

04/27/02;13:44 001¶

EFTA00198503¶

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¶

23 of 25¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

MONEY FUND ACTIVITY (continued)¶

DATE MO/DAY	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
04/23/02	REINVEST	THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND REINVESTED	GTDXX	3,778.40		3,778.40
04/23/02	REINVEST	THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND REINVESTED	GTDXX	827.95		827.95
04/25/02	SOLD	THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	-300,000	1,0000		300,000.00
04/26/02		CLOSINGBALANCE		3,535,003.34
TOTAL						-$1,104,606.35	$1,104,606.35

DIVIDENDS¶

DATE	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	RATE ($)	DEBIT AMOUNT	CREDIT AMOUNT
04/01/02	BURLINGTON NORTHERN SANTA FE CORP REC 03/11/02 PAY 04/01/02	BNI	1,700	0.1200		204.00
04/01/02	EASTMAN CHEMICAL CO REC 03/15/02 PAY 04/01/02	EMN	2,200	0.4400		968.00
04/01/02	IMC GLOBAL INC REC 03/15/02 PAY 03/31/02	IGL	17,200	0.0200		344.00
04/01/02	ROYAL CARIBBEAN CRUISES LTD REC 03/18/02 PAY 03/29/02	RCL	13,850	0.1300		1,800.50
04/01/02	TEXTRON INC REC 03/15/02 PAY 04/01/02	TXT	1,400	0.3250		455.00
04/05/02	SYMBOL TECHNOLOGIES INC REC 03/11/02 PAY 04/05/02	SBL	30,600	0.0100		306.00
04/15/02	BOISE CASCADE CORP REC 04/01/02 PAY 04/15/02	BCC	3,600	0.1500		540.00
TOTAL						$4,617.50

027¶

04/27/02;13:44 001¶

V557¶

EFTA00198504¶

BEAR STEARNS¶

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

CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY¶

Bear, Steams Securities Corp.¶

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

24 of 25¶

INSTITUTIONAL INTERESTS¶

Transaction Detail (continued)¶

STATEMENT PERIOD March 29, 2002¶

THROUGH April 26, 2002¶

INTEREST¶

DATE	DESCRIPTION			SYMBOL/CUSIP	QUANTITY	RATE (%)	DEBIT AMOUNT	CREDIT AMOUNT
04/22/02	INT CR		APR 02					1,047.18
TOTAL								$1,047.18

MISCELLANEOUS¶

DATE MO/DAY	TRANSACTION	DESCRIPTION	DEBIT AMOUNT	CREDIT AMOUNT
04/05/02	JOURNAL	03/02 CLR CHG	35.00
04/10/02	JOURNAL	REVERSE 0302MUTUAL FUND CHRGS		35.00
TOTAL			-35.00	$35.00

Trades Executed Pending Settlement¶

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
04/29/02	04/24/02	BOUGHT	CALPINE CORP	CPN	14,500.00	12.1346	176,981.70
04/29/02	04/24/02	SOLD	CELESTICA INC SUBORD VTG SHS	CLS	-2,100.00	29.1314		61,012.09
04/29/02	04/24/02	SOLD	CONTINENTAL AIRLINES INC-CL B	CAL	-2,700.00	28.0270		75,466.62
04/29/02	04/24/02	SOLD	FLEXTRONICS INTERNATIONAL LTD	FLEX	-5,600.00	14.3529		80,078.82
04/29/02	04/24/02	SOLD	VISHAY INTERTECHNOLOGY INC	VSH	-1,300.00	20.2500		26,218.20
04/30/02	04/25/02	SOLD	AMERICAN EAGLE OUTFITTERS INC NEW	AEOS	-1,600.00	26.0963		41,737.82
04/30/02	04/25/02	BOUGHT	CALPINE CORP	CPN	6,200.00	11.5000	71,315.00

027¶

04/27/02;13:44 001¶

EFTA00198505¶

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¶

25 of 25¶

INSTITUTIONAL INTERESTS¶

Trades Executed Pending Settlement (continued)¶

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
04/30/02	04/25/02	BOUGHT	I-MANY INC	IMNY	1,600.00	4.6000	7,375.00
05/01/02	04/26/02	BOUGHT	AMERICAN EAGLE OUTFITTERS INC NEW	AEOS	1,200.00	26.1475	31,392.00
05/01/02	04/26/02	SOLD	ALLERGAN INC	AGN	-1,750.00	65.4788		114,446.95
TOTAL						$287,063.70	$398,960.50

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

******* End of Statement******¶

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04/27/02;13:44 001¶

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