Epstein Secrets

Miscellaneous 6.000.000.00 Amount Credited $6.660,673.56 Portfolio Composition Securities Bought -90.000.00 CashiCash Equivalent 6.612.663 Money Fund -6,500.000.00 Equities 5.193.156 Miscellaneous -34.783.69 Total $11 805 819 Amount Debited $-6.624.783.69 Net Cash Activity 35.889.87 You

15.600 480 3.0769 CANKIRN CHEMICAL CORP CNCPF CASH 19 Unprioed CROWN AMERICAN REALTY TRUST CWN CASH 5.000 9.2000 46.000 4.250 9.2391 FELCOR LODGING TRUST INC FCH CASH 2.000 11.4400 22,880 1,200 5.2448 GLENBOROUGH REALTY TRUST INC GLB CASH 2.000 17.8200 35,640 3,440 9.6521 GLIMCHER REALTY TR

ncome Summary THIS PERI00 71RS PERIOD YEAR TO DATE Opening Balance $0.58 Dividends 4.520.00 82,865.48 Other Dividends 11.781.29 68,516.90 Money Fund 3,532,515.61 Credit Balance Int. 25.90 32,227.50 Funds Deposited 3,000,000.00 Total $16.327.19 $183,609.88 Dividends/Interest 4,545.90 Am

8.500 320 3.7647 CANHORN CHEMICAL CORP CNCPF CASH 19 Unpoced CROWN AMERICAN REALTY TRUST CWN MRGN 5.000 7.8000 39.000 4,200 10.7692 FELCOR LODGING TRUST INC FCH MRGN 2.000 16.7100 33.420 400 1.1969 GLENBOROUGH REALTY TRUST INC GLB MRGN 2.000 19.4000 38.800 3.440 8.8660 GLPACHER REALTY TRUS

Money Fund 1,544.33 Credit Balance Int. 79.79 132.71 Dividends Interest 5.309.37 Total $6,853.70 $10,385.11 Amount Credited $406.853.70 Money Fund -1.544.33 Funds Withdrawn -30900900 Portfolio Composition Amount Debited $-301.544.33 CaslvCash Equivalent 618.125 Equities 3.847.404 Net

003 ACCOUNT NUMBER TAXPAYER WEISER De File LAST STATEMENT November 28.2003 DiFIRSVT TEO) 1%) CANHORN CHEMICAL CORP CNCPF CASH 19 Unedited FELCOR LODGING TRUST INC FCH CASH 2.000 11.0800 22.160 GLENBOROUGH REALTY TRUST INC GI B CASH 2.000 19.9500 39.900 2.800 7.0175 GLIMCHER REALTY TRUST-SBI GRT

.16 Credit Balance Int. O.OO 13.43 Money Fund 1,62O.5O Total $8,532.1O $1OO.493.59 Dividends/Interest 6,911.6O Amount Credited $8.532.1O Money Fund -8.532.1O Portfolio Composition Amount Debited $-8.532.1O CashiCash Equivalent 59O.898 Equities 4.358.O19 Closing Balance $O.OO Total $4.

a copy of this research be sent to them. DESCRPTION MIKA/MIA ADC! TYPE OUATIRTY PRCE IMM(E! VALUE ESTMATE0 ANNUAL INCOME CURFEW YEW IR) FELCOR LODGING TRUST INC FCH CASH 2,000 17.2100 34,420 1,200 3.4883 GLENBOROUGH REALTY TRUST INC GUI CASH 2.000 18.1000 36.200 2,800 7.7348 BSC RATING: STOCK

rest 4.043.11 Miscellaneous 26,170.34 Portfolio Composition Amount Credited $2,121,288.84 Cashtash Equivalent 5.690,854 Equities 4.657,133 Money Fund -121.288.84 Funds Withdrawn -2,000.000.00 Total $10,347,987 Amount Debited 3-2.121,288.84 Closing Balance $0.00 027 SRN. sown secwwer cork

opy of this research be sent to them. DESCRIPTION SYMEICUCUSIP ACCT TOPE °warm PRCE MARKET VALUE ESTRAME0 ANNUAL INCOME CANIFeir YEW PR) FELCOR LODGING TRUST INC FCH CASH 2,000 21.8400 43.680 2,000 4.5788 GLIMCHER REALTY TRUST-SBI GRT CASH 2,000 263100 53.420 3,846 7.1996 HRPT PROPERTIES TR-SBI

23 Dividends/Interest 25,009.58 Miscellaneous 7,400,000.00 Amount Credited $7,427,105.38 Portfolio Composition CashICash Equivalent 507,176 Money Fund -27.105.38 Equities 4,376,261 Funds Withdrawn -7,400.000.00 Total $4,883,437 Amount Debited $-7.427,105.38 Closing Balance $0.00 027 060

t a copy of this research be sent to them. DESCRPRON MEMO/SIP ACCT TYPE OVATOTTY PRICE IMAKE1 VALVE &mono ANNUAL INCOME ESRMATED YEW 1%4 FELCOR LODGING TRUST INC FCH CASH 2.000 21.9600 43.920 2,400 5.4645 GLIMCHER REALTY TRUST-Sal GRT CASH 2,000 21.2600 42.520 3,846 9.0452 HRPT PROPERTIES TR-Sa

3.029.39 Money Fund 2.117.28 Total 59.264.16 $93.029.39 DivelendsAnterest 7,146.88 0 amount Credited $9.264.16 Portfolio Composition z m Money Fund Amount Debited -9.264.16 3-9.264.16 Cat-II:Cash EqLria*nt Equates 516.440 4.223.821 cim z H Closing Balance $0.00 Total $4,740.261 r

.2327 to request that a copy of this research be sent to them. oncost, macerates, ACCT nee wan KU ANSI, MIMEO vaLE Man NOME RIMMED MO fa FELCOR LODGING TRUST INC FbI CASH 2.003 21.9600 43.920 2,400 5.4645 GUMCHER REALTY TRUST.S8I GRT CASH 2,000 21.2600 42,520 3.846 9.0452 HRPT PROPERTIES TR-581

(212) 212-2000 3 oft Cash Flow Analysis Income Summary rum IlltS PER= XIM 10 DATE OpenIngBalance $3.540.00 CASOW433 18,271.11 105.627.30 Money Fund 592.82 emit Balance Ire 9.12 852.52 Dividenisinterest 17487.41 Total $18,280.23 9106.479.82 knoumCredited 918,280.23 Money Fund -21.811.

ACCT CSMATED MSS Xi DISCRIriThi SYYSCOMISIP rot MI ka WIC MS MO SELO W rig OlAVOITY P CANHORN CHEMICAL CORP CNCPF CASH 19 uniwiced FELCOR LODGING TRUST INC FCH CASH 2.000 14.6500 29.300 027 0101.05:0•11 001 ssis7 EFTA01324536 fLt8ZZOO- V.L.43 0 -n C in r _ Z8LSSECIO INS ANGS BEAR STEA

0 Money Fund DiridendsilMemst Amount Credited 1344.33 5,309.37 3406.853.70 Credit Balance Mt. 79.79 Total 56.853.70 132.71 310.385.11 m Money Fund Funds Wthdrown .1.544.33 -300,000.00 Portfolio Composition C Amount Debited 3-301.544.33 Ca&VCash Equivalent 618.125 in Net Cash Minty 10

ties & Options MARKET MOJA= CURIEW DISCMPTICe4 STIMOUCUS, owner PIKE WILE aIL ROWE KW PO CANHORN CHEMICAL CORP CNCPF CASH 19 Unglued FELCOR LODGING TRUST INC FCH CASH 2.000 11.0800 22.160 GLENBOROUGH REALTY TRUST INC GLB CASH 2.000 19.9500 39,900 2800 7.0175 GUMOIER REALTY TRUSTS8I GRT CASH

cron Avenue New Yort, New Yak 10179 (212) 272.2000 3 tf Cash Flow Analysis DILS PERIOD Income Summary nas KR10 TIA11100313 Opening Ba lance Money Fund Funds Deposited DelderxIsAnterest $29.973.64 4.488.99 1,428,297.00 6,655.44 Drvdends Other ['Wends /Awl Bor4 Int. Credit Balance M. 1740.0

15,600 480 3.0769 CANHORN CHEMICAL CORP CNCPF CASH 19 Unittoml CROWN AMERICAN REALTY TRUST C991 CASH 5.000 9.2000 46,000 4.250 9.2391 FELCOR LODGING TRUST INC FCH CASH 2.000 11.4400 22.880 1.200 5.2448 GLENBOROUGH REALTY TRUST WC GUS CASH 2.000 17.8200 35,640 3.440 9.6521 GUIACHER REALTY TRU