EFTA00198557 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 ## What’s In This Statement

Financial Summary	3
Your Portfolio Holdings	4
Transaction Detail	8
Fund Activity	25
Trades Not Yet Settled	28

CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY # INSTITUTIONAL INTERESTS C/O FINANCIAL TRUST COMPANY ATTN JEANNE 6100 RED HOOK QUARTER SUITE B-3 ST THOMAS VI 00802 Bear, Steams Securities Corp. One Metrotech 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	15,330,068
NET CREDIT BALANCE	1,114,248
MONEY MARKET FUND BALANCE	1,715,490
NET EQUITY THIS PERIOD	$18,159,806
NET EQUITY LAST STATEMENT	18,376,734
CHANGE SINCE LAST STATEMENT	-216,928

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. 027 01/26/02:10:42 001 V520 EFTA00198558 CLEARED THROUGH ITS WHOLLY OWNED SUBSIDIARY 2 of 28 Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS STATEMENT BACKER IS PRINTED ON THIS PAGE 027 EFTA00198559 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 3 of 28 Cash Flow Analysis

	THIS PERIOD
OpeningBalance	$914,140.42
Securities Sold	2,832,752.33
Money Fund	2,503,253.70
Funds Deposited	22,962.72
Dividends/Interest	3,892.25
Miscellaneous	5,880,995.94
Amount Credited	$11,243,856.94
Securities Bought	-4,063,544.45
Money Fund	-1,053,253.70
Funds Withdrawn	-45,925.44
Miscellaneous	-5,881,025.54
Amount Debited	$-11,043,749.13
Net Cash Activity	200,107.81
Closing Balance	$1,114,248.23

Cash Balance Summary

	OPENING	CLOSING
Cash	914,140.42	1,112,885.98
Margin	0.00	1,362.25
Net Cash Balance	$914,140.42	$1,114,248.23

Income Summary

	THIS PERIOD	YEAR TO DATE
Dividends	3,900.95	3,900.95
Credit Balance Int.	1,362.25	1,362.25
Total	$5,263.20	$5,263.20

Portfolio Composition

Cash/Cash Equivalent	2,829,738
Equities	15,330,068
Total	$18,159,806

CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS Your Portfolio Allocation EFTA00198560 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 4 of 28 ## Your Portfolio Holdings ## CASH & CASH EQUIVALENTS

DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
CASH BALANCE				1,114,248
THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	1,712,897.74	1.0000	1,712,898	30,832	1.8000
THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	2,591.68	1.0000	2,592	47	1.8133
TOTAL CASH & CASH EQUIVALENTS				$2,829,738	$30,879

## 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	26.0000	83,200
ACTV INC	IATV	CASH	22,300	1.5700	35,011
AMERICAN EAGLE OUTFITTERS INC NEW	AEOS	CASH	6,600	28.0200	184,932
ADELPHIA COMMUNICATIONS CORP CL A	ADLAC	CASH	31,354	27.7500	870,074
ANNTAYLOR STORES CORP	ANN	CASH	4,000	36.5300	146,120
AMERICAN STANDARD COMPANIES INC-DEL	ASD	CASH	4,100	63.1500	258,915
AVNET INC	AVT	CASH	4,500	25.0100	112,545	1,350	1.1995
BEA SYSTEMS INC	BEAS	CASH	11,400	20.2600	230,964
BEVERLY ENTERPRISES INC NEW	BEV	CASH	44,800	6.8500	306,880
CHILDRENS PLACE RETAIL STORES INC	PLCE	CASH	4,100	32.0000	131,200

CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY Bear, Steams Securities Corp. One Mebrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS 027 01/26/02;10:42 001 EFTA00198561 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 **5 of 28** ## Your Portfolio Holdings (continued) **Equities & Options** (continued)

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
CENDANT CORP	CD	CASH	11,450	18.4500	211,253
COSTCO WHOLESALE CORP-NEW	COST	CASH	2,800	44.2000	123,760
CITIZENS COMMUNICATIONS CO	CZN	CASH	32,800	9.8900	324,392
CAPSTONE TURBINE CORP	CPST	CASH	10,800	4.8400	52,272
CONTINENTAL AIRLINES INC-CL B	CAL	CASH	5,850	30.2900	177,197
DMC STRATEX NETWORKS INC	STXN	CASH	13,450	7.5800	101,951
EDISON INTERNATIONAL	EIX	CASH	10,550	15.5900	164,475
EMMIS COMMUNICATIONS CORP-CL A	EMMS	CASH	14,950	23.1100	345,495
ENZON INC	ENZN	CASH	4,050	52.9200	214,326
FOOTSTAR INC	FTS	CASH	3,900	23.2000	90,480
FOX ENTERTAINMENT GROUP INC CL A	FOX	CASH	8,600	21.6800	186,448
FMC CORP NEW	FMC	CASH	3,900	34.5500	134,745
FOOT LOCKER INC	Z	CASH	18,150	14.1100	256,097
FEDERATED DEPARTMENT STORES INC-DEL	FD	CASH	6,600	40.4000	266,640
GEORGIA PACIFIC CORP (GEORGIA PACIFIC GROUP)	GP	CASH	1,400	24.7000	34,580	700	2.0243
HONEYWELL INTL INC	HON	CASH	6,150	32.7000	201,105	4,613	2.2938
INTERSIL CORPORATION CL A (FRM INTERSIL HLG CORP CL-A)	ISIL	CASH	1,700	27.9800	47,566
I-MANY INC	IMNY	CASH	39,150	8.6000	336,690
HCA INC (FRM HCA-HEALTHCARE COMPANY)	HCA	CASH	15,000	41.6400	624,600	1,200	0.1921
IMC GLOBAL INC	IGL	CASH	14,000	12.9000	180,600	1,120	0.6202

Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS 027 01/26/02;10:42 001 EFTA00198562 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 6 of 28 ## Your Portfolio Holdings (continued) **Equities & Options** (continued)

DESCRIPTION	SYMBOL/CUSIP	ACT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
IMPERIAL CHEMICAL INDS PLC ADR NEW	ICI	CASH	1,400	23.6300	33,082	2,061	6.2300
JONES APPAREL GROUP INC	JNY	CASH	2,800	32.9800	92,344
KOHLS CORP	KSS	CASH	3,600	66.3400	238,824
LIBERTY MEDIA CORP SER A NEW	L	CASH	37,800	14.2500	538,650
LIZ CLAIBORNE INC	LIZ	CASH	7,400	26.3000	194,620	1,665	0.8555
MILLENNIUM CHEMICALS INC	MCH	CASH	7,900	12.1700	96,143	4,740	4.9302
MASCO CORP	MAS	CASH	12,900	26.8500	346,365	6,966	2.0112
NOVA CHEMICALS CORP	NCX	CASH	8,600	19.2000	165,120	1,345	0.8146
NAUTICA ENTERPRISES INC	NAUT	CASH	5,400	13.8400	74,736
NORTHWEST AIRLINES CORP	NWAC	CASH	5,000	15.7900	78,950
NORFOLK SOUTHERN CORP	NSC	CASH	14,100	22.1400	312,174	3,384	1.0840
OM GROUP INC	OMG	CASH	2,600	66.0000	171,600	1,352	0.7879
PEREGRINE SYSTEMS INC	PRGN	CASH	12,500	7.9500	99,375
POLO RALPH LAUREN CORP-CL A	RL	CASH	4,707	27.7100	130,431
OMNICARE INC	OCR	CASH	8,100	23.2000	187,920	729	0.3879
PACIFIC SUNWEAR OF CALIFORNIA INC	PSUN	CASH	5,250	23.0000	120,750
PRAXAIR INC	PX	CASH	4,700	55.8800	262,636	3,572	1.3601
QUIKSILVER INC	ZOK	CASH	9,500	18.2100	172,995
REMEC INC	REMC	CASH	14,750	9.9900	147,353
ROYAL CARIBBEAN CRUISES LTD	RCL	CASH	23,150	18.0200	417,163	12,038	2.8857
ROHM & HAAS CO	ROH	CASH	2,550	35.0600	89,403	2,040	2.2818

CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS 027 01/26/02;10:42 001 EFTA00198563 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 7 of 28 ## Your Portfolio Holdings (continued) **Equities & Options** (continued)

DESCRIPTION	SYMBOL/CUSIP	ACT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME	CURRENT YIELD (%)
ROSS STORES INC	ROST	CASH	1,400	34.9700	48,958	238	0.4861
SOLUTIA INC	SOI	CASH	17,650	9.8000	172,970	706	0.4082
STAGE STORES INC NEW	STGS	CASH	13,600	25.3500	344,760
SINCLAIR BROADCAST GROUP INC CL A	SBGI	CASH	27,600	9.9500	274,620
SOLECTRON CORP	SLR	CASH	30,750	11.3300	348,398
SYMBOL TECHNOLOGIES INC	SBL	CASH	12,200	15.8800	193,736	244	0.1259
TYCO INTERNATIONAL LTD	TYC	CASH	9,900	45.0000	445,500	495	0.1111
TALBOTS INC	TLB	CASH	8,900	37.4200	333,038	2,848	0.8552
TENET HEALTHCARE CORP	THC	CASH	7,350	62.7700	461,360
TEXTRON INC	TXT	CASH	3,300	41.3800	136,554	4,290	3.1416
TIMBERLAND CO-CLA	TBL	CASH	7,300	38.6500	282,145
TOMMY HILFIGER CORP-ORD	TOM	CASH	14,900	15.2000	226,480
USA NETWORKS INC	USAI	CASH	5,800	25.7000	149,060
UNITED RETAIL GROUP INC	URGI	CASH	16,700	6.9500	116,065
UNIVERSAL HEALTH SERVICES INC CL B	UHS	CASH	5,500	41.7500	229,625
VITRIA TECHNOLOGY INC COM	VITR	CASH	15,650	7.4500	116,593
VITESSE SEMICONDUCTOR CORP	VTSS	CASH	5,550	12.4700	69,209
VIACOM INC-CL B	VIAB	CASH	6,200	39.4500	244,590
VISHAY INTERTECHNOLOGY INC	VSH	CASH	7,500	19.0500	142,875
YORK INTERNATIONAL CORP NEW	YRK	CASH	7,250	38.0000	275,500	4,350	1.5789

CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS 027 01/26/02;10:42 001 EFTA00198564 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 8 of 28 ## Your Portfolio Holdings (continued) Equities & Options (continued)

DESCRIPTION	SYMBOL/CUSIP	ACCT TYPE	QUANTITY	PRICE	MARKET VALUE	ESTIMATED ANNUAL INCOME
YOUNG BROADCASTING INC-CL A	YBTVA	CASH	17,000	18.4050	312,885
Total Equities& Options					$15,330,068	$62,046
TOTAL EQUITIES					$15,330,068	$62,046

CLEARED THROUGH ITS WHOLLY OWNED SUBSDIARY

YOUR TOTAL ESTIMATED ANNUAL INCOME	$92,925
YOUR PRICED PORTFOLIO HOLDINGS	$18,159,806

Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 ## INVESTMENT ACTIVITY Transaction Detail INSTITUTIONAL INTERESTS

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 EXECUTION BY MONT VS 5600 03-16-00 SEC FEE 2,56	ADLAC	-5,600	30.45000		170,502.44
01/03/02	12/28/01	BOUGHT	MASCO CORP WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK VS 2900 12-28-01 COMMISSION 174,00	MAS	2,900	24.58480	71,484.92

027 01/26/02;10:42 001 EFTA00198565 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 28 INSTITUTIONAL INTERESTS ## **Transaction Detail** (continued) ## INVESTMENT ACTIVITY (continued)

SEELEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
01/04/02	12/31/01	BOUGHT	CHILDREN PLACE RETAIL STORES INC EXECUTION BY JPHQ VS 2100 12-31-01	PLCE	2,100	27.32350	57,394.35
01/04/02	12/31/01	BOUGHT	FOOT LOCKER INC AS OF 12/31/01	Z	6,000	15.83890	95,453.40
01/04/02	12/31/01	SOLD	TRANSWITCH CORP EXECUTION BY INET VS 1500 05-02-01, 3000 04-18-01 1, 3600 03-27-01 COMMISSION 243.00 SEC FEE .55	TXCC	8,100	4.52230		36,372.08
01/07/02	01/02/02	BOUGHT	FMC TECHNOLOGIES INC SEE NOTE 'S' ON BACK SPINOFF ON 2400 SHS FMC CORP NEW SPIN-OFF F/R F006362 REC 12/12/01 PAY 12/31/01	FTI	4,127
01/07/02	01/02/02	BOUGHT	JONES APPAREL GROUP INC EXECUTION BY BUCK VS 3800 01-02-02 COMMISSION 168.00	JNY	2,800	32.99150	92,559.20
01/07/02	01/02/02	BOUGHT	PACIFIC SUNWEAR OF CALIFORNIA INC EXECUTION BY RSSF VS 2650 01-02-02	PSUN	2,650	19.82000	52,538.00
01/07/02	01/02/02	BOUGHT	SOLUTIA INC EXECUTION BY UBSW VS 6950 01-02-02 COMMISSION 486.50	SOI	6,950	13.21300	92,331.85
01/07/02	01/02/02	BOUGHT	STAGE STORES INC NEW EXECUTION BY INET VS 900 01-02-02 COMMISSION 27.00	STGS	900	23.25000	20,967.00

027 01/26/02;10:42 001 EFTA00198566 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 28 INSTITUTIONAL INTERESTS ## **Transaction Detail** (continued) ## INVESTMENT ACTIVITY (continued)

SEELEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT
01/07/02	01/02/02	BOUGHT	TIMBERLAND CO-CLA EXECUTION BY BUCK VS 2500 01-02-02 COMMISSION	TBL	2,500	37.07050	92,841.25
01/08/02	01/03/02	BOUGHT	AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY JPHO VS 1300 01-03-02	AEOS	1,300	27.12250	35,274.25
01/08/02	01/03/02	BOUGHT	AVNET INC EXECUTION BY NEED VS 4500 01-03-02 COMMISSION	AVT	4,500	26.62270	120,132.15
01/08/02	01/03/02	BOUGHT	CHILDREN'S PLACE RETAIL STORES INC EXECUTION BY JPHO VS 1100 01-03-02	PLCE	1,100	28.42830	31,286.13
01/08/02	01/03/02	BOUGHT	TMC CORP NEW SEE NOTE 'S' ON BACK EXECUTION BY MSCO VS 800 01-03-02 COMMISSION	FMC	800	33.90000	27,191.00
01/08/02	01/03/02	BOUGHT	FOOT LOCKER INC UNSOLICITED	Z	3,900	15.69160	61,470.24
01/08/02	01/03/02	BOUGHT	HONEYWELL INTL INC SEE NOTE 'S' ON BACK EXECUTION BY MIDR VS 2850 01-03-02 COMMISSION	HON	2,850	34.17460	97,612.11
01/08/02	01/03/02	BOUGHT	PEREGRINE SYSTEMS INC EXECUTION BY SBSH VS 3000 01-03-02	PRGN	3,000	9.11250	27,352.50
01/08/02	01/03/02	BOUGHT	ROHM & HAAS CO EXECUTION BY GKMC VS 2150 01-03-02 COMMISSION AS OF 01/03/02	ROH	2,150	35.66380	76,842.67

027 01/26/02;10:42 001 EFTA00198567 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 28 INSTITUTIONAL INTERESTS ## **Transaction Detail** (continued) ## INVESTMENT ACTIVITY (continued)

IMMEMENT DATE	DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
01/08/02	01/03/02	BOUGHT	STAGE STORES INC NEW EXECUTION BY HRZG VS 3000 01-03-02	STGS	3,000	23.57930	70,752.90
01/08/02	01/03/02	BOUGHT	SOLECTRON CORP EXECUTION BY MSCO VS 2600 01-03-02 COMMISSION 182,00	SLR	2,600	11.90340	31,145.84
01/08/02	01/03/02	BOUGHT	TALBOTS INC EXECUTION BY BUCK VS 1500 01-03-02 COMMISSION 90,00	TLB	1,500	37.60590	56,513.85
01/08/02	01/03/02	BOUGHT	TIMBERLAND CO-CLA EXECUTION BY BUCK VS 1900 01-03-02 COMMISSION 114,00	TBL	1,900	37.91060	72,159.14
01/08/02	01/03/02	SOLD	VERITAS SOFTWARE CORP EXECUTION BY FBC0 VS 1000 11-20-01, 700 11-08-01 50 11-07-01 SEC FEE 1,23	VRTS	-1,750	46.81830		81,915.80
01/08/02	01/03/02	SOLD	VERITAS SOFTWARE CORP EXECUTION BY INET VS 550 11-07-01, 600 11-09-01, 650 11-12-01 COMMISSION 54,00 SEC FEE 1,29	VRTS	-1,800	47.41430		85,275.45
01/09/02	01/04/02	BOUGHT	MCDATA LOOKER INC EXECUTION BY BUCK VS 900 01-04-02 COMMISSION 54,00	Z	900	15.49600	14,015.40
01/09/02	01/04/02	SOLD	MCDATA CORP CL A EXECUTION BY CEUT SEC FEE ,51 AS OF 01/04/02	MCDTA	-1,050	32.09500		33,684.24

027 01/26/02;10:42 001 EFTA00198568 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 12 of 28 INSTITUTIONAL INTERESTS ## **Transaction Detail** (continued) ## INVESTMENT ACTIVITY (continued)

DEMENTMENT DATE	DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT
01/09/02	01/04/02	BOUGHT	NAUTICA ENTERPRISES INC EXECUTION BY MONT VS 2800 01-04-02 AS OF 01/04/02	NAUT	2,800	13.77880	38,595.64
01/09/02	01/04/02	BOUGHT	ROHM & HAAS CO EXECUTION BY SBSH VS 400 01-04-02 COMMISSION 28,00	ROH	400	36.69750	14,722.00
01/09/02	01/04/02	BOUGHT	SOLUTIA ING EXECUTION BY MSCO VS 2700 01-04-02 COMMISSION 162,00	SOI	2,700	9.66910	26,283.57
01/09/02	01/04/02	BOUGHT	SINCLAIR BROADCAST GROUP INC CLA EXECUTION BY SBSH VS 600 01-04-02	SBGI	600	9.99330	6,010.98
01/09/02	01/04/02	BOUGHT	SOLECTRON CORP EXECUTION BY MONT VS 4300 01-04-02 COMMISSION 301,00	SLR	4,300	12.07130	52,222.59
01/09/02	01/04/02	BOUGHT	TALBOTS INC EXECUTION BY BUCK VS 300 01-04-02 COMMISSION 18,00	TLB	300	39.15000	11,778.00
01/09/02	01/04/02	BOUGHT	YOUNG BROADCASTING INC-CLA EXECUTION BY SBSH VS 3500 01-04-02	YBTVA	3,500	18.58000	65,045.00
01/10/02	01/07/02	BOUGHT	AAMERICAN EAGLE OUTFITERS INC NEW EXECUTION BY JPHQ VS 900 01-07-02	AEOS	900	29.81000	26,844.00
01/10/02	01/07/02	BOUGHT	PACIFIC SUNWEAR OF CALIFORNIA INC EXECUTION BY OPCO VS 800 01-07-02	PSUN	800	21.40000	17,135.00

027 01/26/02;10:42 001 EFTA00198569 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 13 of 28 INSTITUTIONAL INTERESTS ## **Transaction Detail** (continued) ## INVESTMENT ACTIVITY (continued)

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
01/10/02	01/07/02	BOUGHT	SOLUTIA INC EXECUTION BY MLCO VS 2100 01-07-02 COMMISSION	SOI	2,100	10.60000	22,422.00
01/11/02	01/09/02	BOUGHT	ADELPHA BUSINESS SOLUTIONS INC CL A SPINOFF ON 23054 SHS ADELPHA COMMUNICATIONS CORP SPINOFF FROM SEC P A059849 REC 01/08/02 PAY 01/11/02 AS OF 01/09/02	ABIZ	11,483
01/11/02	01/08/02	SOLD	ADELPHA BUSINESS SOLUTIONS INC CL A EXECUTION BY INET VS 1227 04-07-98, 950 09-28-00 11000 09-29-00, 3250 11-16-01 2300 11-20-01, 2800 11-27-01 COMMISSION	ABIZ	-11,527	0.26980		2,749.12
01/11/02	01/08/02	BOUGHT	CAPSTONE TURBINE CORP EXECUTION BY SBSH VS 8600 01-08-02	CPST	8,600	5.75810	49,534.66
01/11/02	01/08/02	SOLD	CSX CORP WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK VS 2000 11-15-01, 1950 11-13-01 COMMISSION	CSX	-3,950	37.66080		148,505.92
01/11/02	01/08/02	BOUGHT	EMMS COMMUNICATIONS CORP-CL A EXECUTION BY INET VS 4400 01-08-02 COMMISSION	EMMS	4,400	25.14620	110,790.28
01/11/02	01/08/02	BOUGHT	GEORGIA PACIFIC CORP WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK VS 2200 01-08-02 COMMISSION	GP	2,200	25.67530	56,632.66

027 01/26/02;10:42 001 EFTA00198570 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 14 of 28 INSTITUTIONAL INTERESTS ## **Transaction Detail** (continued) ## INVESTMENT ACTIVITY (continued)

DATE	DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
01/11/02	01/08/02	BOUGHT	NORTHWEST AIRLINES CORP EXECUTION BY FBCO VS 5000 01-08-02	NWAC	5,000	17.88330	89,431.50
01/11/02	01/08/02	BOUGHT	ROSS STORES INC EXECUTION BY MONT VS 2800 01-08-02	ROST	2,800	33.57050	94,012.40
01/11/02	01/08/02	BOUGHT	SINCLAIR BROADCAST GROUP INC CL A EXECUTION BY DBAB VS 9000 01-08-02	SBGI	9,000	10.17250	91,567.50
01/11/02	01/08/02	BOUGHT	TUX COMPANIES INC NEW EXECUTION BY BUCK VS 2300 01-08-02 COMMISSION 138,00	TJX	2,300	40.38700	93,043.10
01/11/02	01/08/02	BOUGHT	TIMBERLAND CO-CLA EXECUTION BY BUCK VS 800 01-08-02 COMMISSION 48,00	TBL	800	39.88120	31,967.96
01/11/02	01/08/02	SOLD	VITRIA TECHNOLOGY INC COM EXECUTION BY FBCO VS 4500 01-17-01 SEC FEE 48	VITR	-4,500	7.10720		31,966.92
01/11/02	01/08/02	BOUGHT	WILLAAMETTE INDUSTRIES INC WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MIDR VS 2900 01-08-02 COMMISSION 203,00	WLL	2,900	45.15110	131,156.19
01/11/02	01/08/02	BOUGHT	YOUNG BROADCASTING INC-CLA EXECUTION BY REDI VS 1600 01-08-02 COMMISSION 32,00	YBTVA	1,600	18.61880	29,837.08

027 01/26/02;10:42 001 EFTA00198571 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 28 INSTITUTIONAL INTERESTS ## **Transaction Detail** (continued) ## INVESTMENT ACTIVITY (continued)

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
01/14/02	01/08/02	CANCEL SELL	ADELPHIA BUSINESS SOLUTIONS INC CL A EXECUTION BY INET VS 1227 04-07-98, 950 09-28-00 , 1000 09-29-00, 3250 11-16-01 , 2300 11-20-01, 2800 11-27-01 TO CXL PREVIOUS SELL	ABIZ	11,527	0.26980	2,749.12
01/14/02	01/08/02	SOLD	ADELPHIA BUSINESS SOLUTIONS INC CL A EXECUTION BY INET VS 1183 04-07-98, 950 09-28-00 , 1000 09-29-00, 3250 11-16-01 , 2900 11-20-01, 2800 11-27-01 ORIGINAL SD 01/11/02	ABIZ	-11,483	0.26980		2,738.51
01/14/02	01/09/02	BOUGHT	GEORGIA PACIFIC CORP WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK VS 2500 01-09-02 COMMISSION 150,00	GP	2,500	26.38750	66,133.75
01/14/02	01/09/02	SOLD	KOHLS CORP EXECUTION BY BUCK VS 600 11-30-01, 1100 12-03-01 , 100 11-06-01 COMMISSION 108,00 SEC FEE 1,90	KSS	-1,800	70.27010		126,361.28
01/14/02	01/09/02	BOUGHT	PEREGRINE SYSTEMS INC EXECUTION BY MONT VS 1800 01-09-02	PRGN	1,800	10.12000	18,231.00
01/14/02	01/09/02	BOUGHT	SOLUTIA INC EXECUTION BY BUCK VS 5900 01-09-02 COMMISSION 354,00	SOI	5,900	10.64200	63,156.80

027 01/26/02;10:42 001 EFTA00198572 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 16 of 28 INSTITUTIONAL INTERESTS ## **Transaction Detail** (continued) ## INVESTMENT ACTIVITY (continued)

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
01/14/02	01/09/02	SOLD	VITRIA TECHNOLOGY INC COM EXECUTION BY HRZG VS 1200 01-17-01, 500 02-23-01 COMMISSION 85,00 SEC FEE 21	VITR	-1,700	8.12000		13,703.79
01/14/02	01/09/02	BOUGHT	VISHA INTERTECHNOLOGY INC SESK NOTE 'S' ON BACK EXECUTION BY COWN VS 1600 01-09-02 COMMISSION 112,00	VSH	1,600	21.34810	34,283.96
01/15/02	01/10/02	SOLD	AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY RSSF VS 900 01-07-02, 1300 01-03-02 600 12-20-01, 1500 12-11-01, 1100 12-19-01, 200 12-18-01 SEC FEE 2,38	AEOS	-5,600	28.29130		158,413.90
01/15/02	01/10/02	BOUGHT	CAPSTONE TURBINE CORP EXECUTION BY SBSH VS 2200 01-10-02	CPST	2,200	5.48500	12,082.00
01/15/02	01/10/02	SOLD	EASTMAN CHEMICAL CO EXECUTION BY MSCO VS 1500 12-07-01 COMMISSION 105,00 SEC FEE 97	EMN	-1,500	42.95500		64,311.53
01/15/02	01/10/02	SOLD	MC GLOBAL INC SESK NOTE 'S' ON BACK EXECUTION BY BUCK VS 3400 11-16-01, 400 10-05-01 COMMISSION 228,00 SEC FEE 74	IGL	-3,800	12.82510		48,491.64
01/15/02	01/10/02	BOUGHT	KOHLS CORP EXECUTION BY BUCK VS 500 01-10-02 COMMISSION 30,00	KSS	500	68.95000	34,520.00

027 01/26/02;10:42 001 EFTA00198573 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 17 of 28 INSTITUTIONAL INTERESTS ## **Transaction Detail** (continued) ## INVESTMENT ACTIVITY (continued)

DATE	DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBT AMOUNT	CREDIT AMOUNT
01/15/02	01/10/02	BOUGHT	TUX COMPANIES INC NEW EXECUTION BY BUCK VS 300 01-10-02 COMMISSION 18,00	TJX	300	39.98000	12,027.00
01/15/02	01/10/02	BOUGHT	TIMBERLAND CO-CLA EXECUTION BY MLCO VS 1600 01-10-02 COMMISSION 112,00	TBL	1,600	39.10510	62,695.16
01/16/02	01/11/02	BOUGHT	AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY JPHQ VS 1400 01-11-02	AEOS	1,400	27.10900	37,967.60
01/16/02	01/11/02	SOLD	FEDERATED DEPARTMENT STORES INC-DEL EXECUTION BY BUCK VS 200 12-10-01 COMMISSION 12,00 SEC FEE .13	FD	-200	42.10000		8,392.87
01/16/02	01/11/02	BOUGHT	GEORGIA PACIFIC CORP WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MSCO VS 900 01-11-02 COMMISSION 63,00	GP	900	24.13900	21,803.10
01/16/02	01/11/02	SOLD	IMC GLOBAL INC SEE NOTE 'S' ON BACK EXECUTION BY MLCO COMMISSION 175.00 SEC FEE .49	IGL	-2,500	12.82200		31,864.51
01/16/02	01/11/02	SOLD	ROSS STORES INC EXECUTION BY SBSHSEC FEE .20	ROST	-400	32.73330		13,078.12

027 01/26/02;10:42 001 EFTA00198574 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 18 of 28 INSTITUTIONAL INTERESTS ## **Transaction Detail** (continued) ## INVESTMENT ACTIVITY (continued)

EMENT DATE	DATE OF DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
01/16/02	01/11/02	SOLD	TJX COMPANIES INC NEW EXECUTION BY BUCK VS 300 01-08-02 COMMISSION 18,00 SEC FEE .18	TJX	-300	39,43100		11,796.12
01/16/02	01/11/02	BOUGHT	TIMBERLAND CO-CL A EXECUTION BY BUCK VS 500 01-11-02 COMMISSION 30,00	TBL	500	39,34160	19,715.80
01/17/02	01/14/02	BOUGHT	AMERICAN EAGLE OUTFITTERS INC NEW EXECUTION BY JPHQ VS 1200 01-14-02	AEOS	1,200	27,12670	32,567.04
01/17/02	01/14/02	SOLD	ADELPHA COMMUNICATIONS CORP CL A EXECUTION BY JPHQ VS 1700 11-27-01 SEC FEE .73	ADLAC	-1,700	28,46500		48,374.77
01/17/02	01/14/02	BOUGHT	CHILDRENS PLACE RETAIL STORES INC EXECUTION BY JPHQ VS 900 01-14-02	PLICE	900	27,95000	25,170.00
01/17/02	01/14/02	SOLD	EASTMAN CHEMICAL CO EXECUTION BY MSCO VS 1000 12-07-01 COMMISSION 70,00 SEC FEE .63	EMN	-1,000	41,94660		41,860.97
01/18/02	01/15/02	BOUGHT	DMC STRATEGY NETWORKS INC EXECUTION BY OPCO VS 1500 01-15-02	STXN	1,500	8,35000	12,540.00
01/18/02	01/15/02	BOUGHT	ENZON INC EXECUTION BY COWN VS 700 01-15-02	ENZN	700	51,28000	35,911.00

027 01/26/02;10:42 001 EFTA00198575 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 28 INSTITUTIONAL INTERESTS ## **Transaction Detail** (continued) ## INVESTMENT ACTIVITY (continued)

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
01/18/02	01/15/02	BOUGHT	FOOTSTAR INC EXECUTION BY BUCK VS 3900 01-15-02 COMMISSION 234,00	FTS	3,900	24.04600	94,028.40
01/18/02	01/15/02	BOUGHT	FOOTLOCKER INC EXECUTION BY BUCK VS 2600 01-15-02 COMMISSION 156,00	Z	2,600	15.03680	39,266.68
01/18/02	01/15/02	SOLD	TYCO INTERNATIONAL LTD EXECUTION BY INET VS 800 03-09-01, 600 04-18-01 COMMISSION 28,00 SEC FEE 1,04	TYC	-1,400	49.18350		68,812.86
01/18/02	01/15/02	SOLD	VISHAY INTERTECHNOLOGY INC SEE NOTE 'S' ON BACK EXECUTION BY BFCO COMMISSION 91,00 SEC FEE .38	VSH	-1,300	19.35000		25,048.62
01/22/02	01/16/02	BOUGHT	ADELPHIA COMMUNICATIONS CORP CL A EXECUTION BY SBSH VS 10000 01-16-02	ADLAC	10,000	25.50000	255,015.00
01/22/02	01/16/02	BOUGHT	ENZON INC EXECUTION BY COWN VS 20000 01-16-02	ENZN	2,000	51.64200	103,299.00
01/22/02	01/16/02	SOLD	FMC TECHNOLOGIES INC SEE NOTE 'S' ON BACK EXECUTION BY BUCK,1032 11-16-01 COMMISSION 247,62 SEC FEE .93	FTI	-4,127	15.02060		61,726.47

027 01/26/02;10:42 001 EFTA00198576 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 20 of 28 INSTITUTIONAL INTERESTS ## **Transaction Detail** (continued) ## INVESTMENT ACTIVITY (continued)

IMMEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
01/22/02	01/16/02	BOUGHT	HONEYWELL INTL INC SEE NOTE 'S' ON BACK EXECUTION BY DBAB VS 1300 01-16-02 COMMISSION 91,00	HON	1,300	29.40000	38,326.00
01/22/02	01/16/02	BOUGHT	INTERSIL CORPORATION 'CL A' (FRM INTERSIL HLG CORP CL-A) EXECUTION BY COWN VS 3400 01-16-02	ISIL	3,400	30.59000	104,021.00
01/22/02	01/16/02	SOLD	HARRAHS ENTERTAINMENT INC WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY DRKW VS 1600 11-13-01 COMMISSION 112,00 SEC FEE ,99	HEI	-1,600	40.96420		65,414.73
01/22/02	01/16/02	SOLD	IMPERIAL CHEMICAL INDS PLC ADR NEW EXECUTION BY BUCK VS 500 10-11-01 COMMISSION 30,00 SEC FEE ,18	ICI	-500	23.28230		11,595.97
01/22/02	01/16/02	SOLD	MSGM MIRAGE EXECUTION BY DRKW VS 1950 11-13-01 COMMISSION 136,50 SEC FEE ,85	MGG	-1,950	29.03960		56,474.87
01/22/02	01/16/02	SOLD	MANDALAY RESORT GROUP EXECUTION BY DRKW VS 1950 11-13-01 COMMISSION 136,50 SEC FEE ,70	MBG	-1,950	23.70520		46,072.94
01/22/02	01/16/02	BOUGHT	MASCO CORP WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK VS 1800 01-16-02 COMMISSION 108,00	MAS	1,800	24.64720	44,487.96

027 01/26/02;10:42 001 V520 EFTA00198577 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 21 of 28 INSTITUTIONAL INTERESTS ## **Transaction Detail** (continued) ## INVESTMENT ACTIVITY (continued)

EMENT DATE	DATE OF TRANSACTION	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT
01/22/02	01/16/02	BOUGHT	PRAXAIR INC SEE NOTE "S" ON BACK EXECUTION BY MLDD VS 2000 01-16-02 COMMISSION	PX	2,000	50.44130	101,037.60
01/22/02	01/16/02	SOLD	TUX COMPANIES INC NEW EXECUTION BY BUCK VS 800 01-08-02 COMMISSION	TJX	-800	38.66430	30,867.97
01/22/02	01/16/02	BOUGHT	TALBOTS INC EXECUTION BY BUCK VS 1100 01-16-02 COMMISSION	TLB	1,100	35.62831	39,272.14
01/22/02	01/16/02	SOLD	TEXTRON INC WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY MLCO VS 1100 11-15-01 COMMISSION	TXT	-1,100	39.79140	43,677.88
01/23/02	01/17/02	SOLD	BEVERLY ENTERPRISES INC NEW EXECUTION BY OPCO VS 5000 04-30-01 COMMISSION	BEV	-5,000	7.42500	36,809.44
01/23/02	01/17/02	BOUGHT	FMCI COMP NEW SEE NOTE "S" ON BACK EXECUTION BY BUCK VS 700 01-17-02 COMMISSION	FMC	700	31.74240	22,276.68
01/23/02	01/17/02	BOUGHT	HONEYWELL INTL INC SEE NOTE "S" ON BACK EXECUTION BY MLCO VS 2000 01-17-02 COMMISSION	HON	2,000	29.03050	58,216.00

027 01/26/02;10:42 001 EFTA00198578 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 22 of 28 INSTITUTIONAL INTERESTS ## **Transaction Detail** (continued) ## INVESTMENT ACTIVITY (continued)

DATE	DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
01/23/02	01/17/02	SOLD	IMPERIAL CHEMICAL INDS PLC ADR NEW EXECUTION BY BUCK VS 600 10-11-01 COMMISSION SEC FEE	ICI	-600	23.27160		13,911.75
01/23/02	01/17/02	BOUGHT	LUX CLABORNE INC STK SPLIT ON 3700 SHS REQ 12/23/01 PAY 01/16/02	LIZ	3,700
01/23/02	01/17/02	SOLD	OMNICARE INC EXECUTION BY DAIN VS 4450 05-31-01, 550 06-15-01 COMMISSION SEC FEE	OCR	-5,000	22.75640		113,415.29
01/23/02	01/17/02	BOUGHT	PRAXAIR INC SEE NOTE 'S' ON BACK EXECUTION BY FBCO VS 2000 01-17-02 COMMISSION	PX	2,000	48.67320	97,501.40
01/23/02	01/17/02	SOLD	SABRE HOLDINGS CORP CL A EXECUTION BY MULCO VS 1600 11-20-01, 1600 11-16-01, 3250 11-15-01 COMMISSION	TSG	-6,450	40.27270		259,288.52
01/24/02	01/18/02	SOLD	CABLEVISION SYSTEMS CORP-CL A CABLEVISION NY GROUP COM UNSCOLLECTED AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT SEE NOTE 'S' ON BACK AS OF 01/18/02	CVC	-2,800	43.15700		120,641.78
01/24/02	01/17/02	BOUGHT	CM GROUP INC SEE NOTE 'S' ON BACK EXECUTION BY MDLD AS OF 01/17/02	OMG	2,600	59.00000	153,415.00

027 01/26/02;10:42 001 EFTA00198579 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 28 INSTITUTIONAL INTERESTS ## **Transaction Detail** (continued) ## INVESTMENT ACTIVITY (continued)

DEMENTION DATE	TAGE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
01/24/02	01/18/02	BOUGHT	PRAXAIR INC SEE NOTE 'S' ON BACK EXECUTION BY BUCK VS 700 01-18-02 COMMISSION AS OF 01/18/02	PX	700	49.10000	34,427.00
01/24/02	01/18/02	SOLD	TUX COMPANIES INC NEW EXECUTION BY BUCK VS 1200 01-08-02, 300 01-10-02 COMMISSION 90,00 SEC FEE 88 AS OF 01/18/02	TJX	-1,500	39.00000		58,394.12
01/24/02	01/18/02	SOLD	TOMMY HILFIGER CORP-ORD EXECUTION BY BUCK VS 1300 08-24-01, 700 08-17-01 .500 11-13-01 COMMISSION 150,00 SEC FEE 57 AS OF 01/18/02	TOM	-2,500	14.97300		37,266.93
01/25/02	01/22/02	SOLD	CABLEVISION SYSTEMMS CORP-CL A CABLEVISION NY GROUP COM UNSCULPTED AVG PRICE SHOWN-DETAILS ON REQ ACTUAL CONFIRM TO YOUR AGENT SEE NOTE 'S' ON BACK	CVC	-2,200	43.79550		96,194.65
01/25/02	01/22/02	SOLD	GEORGIA PACIFIC CORP WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK VS 2500 01-09-02, 1700 01-08-02 COMMISSION 252,00	GP	-4,200	21.40290		89,623.83
01/25/02	01/22/02	SOLD	INTERSIL CORPORATION CL A (FRM INTERSIL HLG CORP CL-A) EXECUTION BY FBCO VS 1700 01-16-02 SEC FEE .71	ISIL	-1,700	27.79000		47,227.29

027 01/26/02;10:42 001 EFTA00198580 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 24 of 28 INSTITUTIONAL INTERESTS ## **Transaction Detail** (continued) ## INVESTMENT ACTIVITY (continued)

SETTLEMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
01/25/02	01/22/02	BOUGHT	IMC GLOBAL INC SEE NOTE "S" ON BACK EXECUTION BY FBCO VS 2500 01-22-02 COMMISSION	IGL	2,500	12.34440	31,051.00
01/25/02	01/22/02	SOLD	ROSS STORES INC EXECUTION BY MONT VS 1000 01-08-02 SEC FEE AS OF 01/22/02	ROST	-1,000	32.99200		32,976.5L
01/25/02	01/22/02	SOLD	UNIVERSAL HEALTH SERVICES INC CL B EXECUTION BY JPHQ VS 5000 10-17-01 COMMISSION	UHS	-5,000	39.53660		197,315.03
01/25/02	01/22/02	SOLD	WILLAMETTE INDUSTRIES INC WITH RIGHTS TO PURCHASE PREFRD STK UNDER CERTAIN CIRCUMSTANCE EXECUTION BY BUCK VS 2900 01-08-02 COMMISSION	WLL	-2,900	55.11250		159,634.85
			SEC FEE	2,40
TOTAL							-$4,063,544.45	$2,832,752.33

## DEPOSITS AND WITHDRAWALS

DATE	TRANSACTION	DESCRIPTION	DEBIT AMOUNT	CREDIT AMOUNT
01/14/02	CHECK	CK FEES FR 01/01/02-03/31/02 BUCKINGHAM CAPITAL MGMT	22,962.72
01/23/02	CHECK	CK FEES FR 01/01/02-03/31/02 BUCKINGHAM CAPITAL	22,962.72

027 01/26/02;10:42 001 EFTA00198581 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY 25 of 28 Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS ## **Transaction Detail** (continued) ## DEPOSITS AND WITHDRAWALS (continued)

DATE	TRANSACTION	DESCRIPTION	DEBIT AMOUNT	CREDIT AMOUNT
01/23/02	FUNDS REC	CK S A VOID FEES FR 01/01/02-03/31/02 BUCKINGHAM CAPITAL		22,962.72
TOTAL			$-45,925.44	$22,962.72

## MONEY FUND ACTIVITY

MO/DAY	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
01/01/02		OPENINGBALANCE		3,162,235.72
01/02/02	REINVEST	THE TREASURERS’ FUND INC DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND REINVESTED	GTDXX	514.90		514.90
01/02/02	DIVIDEND	THE TREASURERS’ FUND INC DOMESTIC PRIME M/M PORTFOLIO AMT INCLUDED IN 2001 - 1099	GTDXX				514.90
01/02/02	REINVEST	THE TREASURERS’ FUND INC DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND REINVESTED	GTDXX	1,367.85		1,367.85
01/02/02	DIVIDEND	THE TREASURERS’ FUND INC DOMESTIC PRIME M/M PORTFOLIO AMT INCLUDED IN 2001 - 1099	GTDXX				1,367.85
01/03/02	SOLD	THE TREASURERS’ FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	-400,000	1.0000		400,000.00
01/07/02	SOLD	THE TREASURERS’ FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	-200,000	1.0000		200,000.00
01/07/02	SOLD	THE TREASURERS’ FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	-600,000	1.0000		600,000.00
01/09/02	SOLD	THE TREASURERS’ FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	-700,000	1.0000		700,000.00
01/15/02	BOUGHT	THE TREASURERS’ FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	150,000	1.0000	150,000.00

027 01/26/02;10:42 001 EFTA00198582 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 26 of 28 INSTITUTIONAL INTERESTS ## **Transaction Detail** (continued) ## MONEY FUND ACTIVITY (continued)

DATE MOIDAY	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
01/17/02	SOLD	THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	-500,000	1.0000		500,000.00
01/23/02	BOUGHT	THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	900,000	1.0000	900,000.00
01/23/02	DIVIDEND	THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND	GTDXX				147.12
01/23/02	DIVIDEND	THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND	GTDXX				1,223.83
01/23/02	REINVEST	THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND REINVESTED	GTDXX	147.12		147.12
01/23/02	REINVEST	THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO MONTHLY DIVIDEND REINVESTED	GTDXX	1,223.83		1,223.83
01/24/02	SOLD	THE TREASURERS FUND INC DOMESTIC PRIME M/M PORTFOLIO	GTDXX	-100,000	1.0000		100,000.00
01/25/02		CLOSINGBALANCE		1,715,489.42
TOTAL						-$-1,053,253.70	$2,503,253.70

## DIVIDENDS

DATE	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	RATE ($)	CREDIT AMOUNT
01/02/02	EASTMAN CHEMICAL CO REC 12/15/01 PAY 01/02/02	EMN	2,500	0.4400	1,100.00
01/02/02	TEXTRON INC REC 12/14/01 PAY 01/01/02	TXT	4,400	0.3250	1,430.00
TOTAL					$2,530.00

027 01/26/02;10:42 001 EFTA00198583 BEAR STEARNS OFFICE SERVICING YOUR ACCOUNT Bear, Stearns & Co. Inc. 383 Madison Avenue New York, New York 10179 CLEARED THROUGH ITS CLEARLY WOUNDED SUBSIDIARY 27 of 28 Bear, Steams Securities Corp. One Metrotech Center North Brooklyn, New York 11201-3859 INSTITUTIONAL INTERESTS ## **Transaction Detail** (continued) INTEREST STATEMENT PERIOD January 1, 2002 THROUGH January 25, 2002

DATE	DESCRIPTION			SYMBOL/CUSIP	QUANTITY	RATE (%)	DEBIT AMOUNT	CREDIT AMOUNT
01/22/02	INT CR		JAN 02					1,362.25
TOTAL								$1,362.25

DATE MO/DAY	TRANSACTION	DESCRIPTION	DEBIT AMOUNT	CREDIT AMOUNT
01/03/02	JOURNAL	OFFSET FROM BKD P&L		5,880,990.54
01/03/02	JOURNAL	CASH MOVE BKD P&L TO BOOKKEEPING	5,880,990.54
01/07/02	JOURNAL	12/01 CLR CHG	35.00
01/09/02	CASH-LIEU	FMC TECHNOLOGIES INC CASH IN LIEU OF .33040 FMC CORP NEW REC 12/12/01 PAY 12/31/01 SPIN-OFF F/R F006362		5.38
01/18/02	CASH-LIEU	ADELPHIA BUSINESS SOLUTIONS INC CL A CASH IN LIEU OF .10979 ADELPHIA COMMUNICATIONS COR REC 01/08/02 PAY 01/11/02 SPINOFF FROM SEC # A059849		0.02
TOTAL			-$5,881,025.54	$5,880,995.94

027 01/26/02;10:42 001 V520 EFTA00198584 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 28 of 28 INSTITUTIONAL INTERESTS ## Trades Executed Pending Settlement

DEBMENT DATE	TRADE DATE	TRANSACTION	DESCRIPTION	SYMBOL/CUSIP	QUANTITY	PRICE	DEBIT AMOUNT	CREDIT AMOUNT
01/28/02	01/23/02	BOUGHT	AMERICAN EAGLE OUTFITTERS INC NEW	AEOS	1,000.00	27.8650	27,880.00
01/28/02	01/23/02	BOUGHT	BEA SYSTEMS INC	BEAS	1,700.00	19.6772	33,517.24
01/28/02	01/23/02	BOUGHT	IONA TECHNOLOGIES PLC SPONSORED ADR	IONA	2,700.00	22.0375	59,516.25
01/28/02	01/23/02	BOUGHT	IMC GLOBAL INC	IGL	3,200.00	12.3869	39,877.08
01/28/02	01/23/02	BOUGHT	SKECHERS USA INC CL A	SKX	1,000.00	15.9338	16,008.80
01/28/02	01/23/02	BOUGHT	VITESSE SEMICONDUCTOR CORP	VTSS	1,700.00	11.6040	19,741.80
01/29/02	01/24/02	BOUGHT	CAPSTONE TURBINE CORP	CPST	3,800.00	4.9070	18,661.60
01/29/02	01/24/02	BOUGHT	EASTMAN CHEMICAL CO	EMN	1,700.00	38.6264	65,798.88
01/29/02	01/24/02	BOUGHT	IONA TECHNOLOGIES PLC SPONSORED ADR	IONA	1,200.00	22.7946	27,368.52
01/29/02	01/24/02	BOUGHT	PEREGRINE SYSTEMS INC	PRGN	3,600.00	8.7429	31,489.44
01/29/02	01/24/02	BOUGHT	PRAXAIR INC	PX	700.00	53.0247	37,181.29
01/29/02	01/24/02	SOLD	ROSS STORES INC	ROST	-400.00	34.5367		13,799.47
01/29/02	01/24/02	BOUGHT	SKECHERS USA INC CL A	SKX	1,800.00	15.8800	28,707.00
01/29/02	01/24/02	SOLD	TOMMY HILFIGER CORP-ORD	TOM	-2,100.00	14.9084		31,166.17
01/29/02	01/24/02	BOUGHT	TRIQUINT SEMICONDUCTOR INC	TQNT	8,500.00	10.9650	93,217.50
01/30/02	01/25/02	SOLD	ADELPHIA COMMUNICATIONS CORP CL A	ADLAC	-3,100.00	27.0360		83,795.34
01/30/02	01/25/02	SOLD	GEORGIA PACIFIC CORP WITH RIGHTS TO PURCHASE PREFRD	GP	-1,400.00	22.5000		31,400.52
TOTAL							$498,965.40	$160,161.50

The above trades do not appear in any other section of this statement. 027 01/26/02;10:42 001 EFTA00198585