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uest that a copy of this research be sent to them, DESCRPSON CANHORN CHEMICAL CORP ACCT MARKET ESTEEM CM:ENT SYMSOLCUSIP TYPE OUANSTY NICE VALIK MOJA& SCONE VELD NT CNCPF CASH 19 Unprioed FELCOR LODGING TRUST INC FCH CASH 2,000 11.3100 22.620 BSC RATING: STOCK U/SECTOR MW GREEN S
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
t that a copy of this research be sent to them, DESORPTION CANHORN CHEMICAL CORP AOCT MARKET ESTEEMED CURFEW SYMECVWSIP TYPE OLIANSTY PRCE VALIK ROOM INCOME YEW DH CNCPF CASH 19 Unpriced FELCOR LODGING TRUST INC FCH CASH 2,000 12.4300 24.860 027 0•01.05:09:49 001 '.876 EFTA0020
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
ams.com or can call (800) 517.2327 to request that a copy of this research be sent to them. DESCRFTION SYMBOUCUSIP ACCT TYPE OVAMITY PRCE WW1 VALIK ESTRUM/ ANNUM INCOME CURRID1R YEW I%4 FELCOR LODGING TRUST INC FCH CASH 2.000 22.0000 44.000 1.600 3.6364 GLENBOROUGH REALTY TRUST INC
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
Entities connected to both VALIK and Bear, Stearns & Co. Inc.'s

Bear Stearns
ORGANIZATIONMASSER
PERSON
New York City
LOCATIONthe National Association of Securities Dealer's
ORGANIZATION
Jeffrey Epstein
PERSON
North
LOCATIONEOUITY
ORGANIZATIONthe Bear, Stearns Securities Corp
ORGANIZATIONSZeirns
PERSONTHRCOGH
ORGANIZATIONNet Capital and Net Capital Requirements
ORGANIZATIONMoney Fund
ORGANIZATIONMONET
PERSONMarket Overweight
PERSONPeer Perform
PERSON
Financial Trust Company
ORGANIZATIONConsolidated Form
ORGANIZATIONEquity Research Department
ORGANIZATIONEquities & Options
ORGANIZATIONOUANMY
ORGANIZATION