Epstein Secrets

her and Aviation, Inc. • 1150 Gemini Sr eel liouslco. Texas 770584708 USA Asia-Pacific .852 2109 1530 Europe. Middle East and Nnca .44 1279805 212 North America +1 (800) 231.5800 • Worldwide .1 (713)9441822 O 2015 Universal Weather and Aviation. he • DET.Mil024-sjs EFTA00788551 Page 2 of 29 FLIGHT PLAN(S

.e.Jgb bieS0 universolvieothereom/uvG0 To: PLAN D LLC Pilot: RODGERS, DAVID Registry: N120JE Aircraft: GLF4 Tango Team Date: 11 Sep 2018 N. America 713-378-2763 Time Sent: 05:10Z Worldwide 1-866-864-8387 # Pages: 29 E-mail: Aviation Weather E-mail: Apple. and iPad. are trademarks or Ap

Deutsche Bank Markets Research North America United States Periodical US Equity Insights 2016 S&P EPS growth to surge to 5%! Falling standards of excellence this cycle: Is there an objectiv

tm-up Source: IBES, Deutsche Bank 2.5% 1.3% 3.1% 3.2% 3.4% Figure 19: Global enterprise tech spending growth forecast by region -3.0% 2014 N. America 2015E 2016E EFTA01476365 W. Europe 2017E Japan 2018E ROW 2019E Global Figure 20: Linear Technology (LLTC, broad-based Industrial player)

16% y/y, though we note that this does not yet include the contribution from HomeAway, which we think should add 200-300bps to y/y growth. We expect N. America bookings growth of 12% y/y vs. 8% in 4Q, Int’l bookings (FX-neut.) of 14% y/y. Biggest 1Q issues/risks: « Room nights may disappoint on tougher 1Q c

competitive saga), technical challenges with Android (from Memories), and seasonality entering the summer. We model ARPU at $1.01 (down 5% q/q), with North America ARPU at $2.03 (down 7% q/q). We won't be surprised to see upside in ARPU driven by ad load growth and higher user engagement, though competitive pric