Epstein Secrets

AST STATEMENT August 31.2001 CREDIT AMOUNT 63.13 TOTAL $75.15 Your messages This statement is provided to explain Bear, Steams & 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 securities.

C JAN 055"-- EXP 0112012001 CUSIP NUMBER TO FOLLOW. UNSOUCITED OPEN CONTRACT 5850559A6 -200 6.46320 128.557.19 01/02/01 12/29/00 SOLD CALL PNC FINL GRP JAN 070PBW EXP 01120/2001 CUSIP NUMBER TO FOLLOW. OPEN CONTRACT 6934759A5 -300 4.32920 128.81917 01/03/01 01/02/01 SOLD CALL NCO INTL JAN 050-- " E

K TO MARKET SHORT POS 154,272.00 TOTAL $-322.920.00 $322.920.00 Your messages This statement is provided to explain Bear, Steams & 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 securities,

ONIC JAN 055"- OP 0112012001 CUSIP NUMBER TO FOLLOW. UNSOUCITED OPEN CONTRACT 5850559A6 -300 6.46320 192837.03 01/02/01 12/29/00 SOLD CALL PNC FINL GRP JAN 070PBW SIP 01120/2001 CUSIP NUMBER TO FOLLOW. OPEN CONTRACT 6934759A5 -500 4.32920 214,700.28 01/03/01 01/02/01 SOLD CALL NCO INTL JAN 050**** S

MARKET SHORT POS 1,081,594.00 TOTAL 52,234,263.00 $2.234.263.00 Your messages This statement is provided to explain Bear, Steams & 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 securities,

EDTRONIC JAN 055"" MIK -600 6.46320 385.679.07 OP 0112012001 CUSIP NUMBER TO FOLLOW. UNSOUCITED OPEN CONTRACT 01/02/01 12/29/00 SOLD CALL PNC FINL GRP JAN 070PBW MIK .1.100 4.32920 472346.12 SIP 01120/2001 CUSIP NUMBER TO FOLLOW. OPEN CONTRACT 01/03/01 01/02/01 SOLD CALL MEDTRONIC JAN 055"" -1.000