Epstein Secrets

PNON CANHORN CHEMICAL CORP ACC! WRNS ESTEMTED CUKOR SYMBOJCUSIP TYPE OUANNTY PRCE VALIK ANOVA& INCOME YEW I%) CNCPF CASH 19 Unpriced FELCOR LODGING TRUST INC FCH CASH 2,000 14.6500 29.300 027 I/TUTUS:09:78 001 V86/ EFTA00200815 CLEARED THROUGH ITS niCkLY OW ,E0 SUBSIDIARY BEAR STEARNS OFFICE

NS OFFICE SERI/ICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 Madison Avenue New YY New York 10179 9 Bar This statement is provided to explain Bear, Stearns & Co. Inc.'s ("BSC) payment for order flow practices. BSC routes a majority of orders for customer securities transactions to the primary market for such secur

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

RNS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 Madison Avenue New YY New York 10179 9 Bar This statement is provided to explain Bear, Stearns & Co. Inc.'s ("BSC) payment for order flow practices. BSC routes a majority of orders for customer securities transactions to the primary market for such secur

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

NS OFFICE SERVICING YOUR ACCOUNT Bear. Stearns 8 Co. Inc. 383 Madison Avenue New YY New York 10179 10 Bar This statement is provided to explain Bear, Stearns & Co. Inc.'s ("BSC") payment for order flow practices. BSC routes a majority of orders for customer securities transactions to the primary market for such secu