ACCOUNT Bear. Stearns & Co. Inc. 383 Madison Avenue New Y New York 10179 7 Your Portfolio Holdings (continued) Equities & Options (continued) DESCRPTiorr Svmsct c.blv ACCT TYRE ouNniTy PRCE PAARKET VALLE ESTATATED ANNUAL INCOME Øre« YELD NG IONICS INC ION SEIM -3,000 27.1500 -81A50 JA