EFTA00196734.pdf

Statements EFTA00196734  CLEARED THROUGH ITS stitekly 0s1h.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Szewns Sec,riett Core Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New York, New York 10179 Ce4 Meal:tech Corder North Beccohn. Hew Yak 11201.3559 STEARNS FINANCIAL TRUST COMPANY INC ACCOUNT EXECUTIVE LICHERMAN.IRA STATEMENT PERICO December 1.2004 TELEPHONE THROUGH December 31.2004 VISIT OUR WEBSITE 67AV uearstearns.com ACCOUNT NUMBER What's In This Statement IIII Ill I I 1111111111111111111111111111111111111 TAXPAYER 141.4113ER On File LAST STATEMENT November 30.2004 Financial Summary 3 FINANCIAL TRUST COMPANY INC Your Portfolio Holdings 4 C/O AMERICAN YACHT HARBOR Transaction Detail 5 6100 RED HOOK SUTE 6-3 Fund Activity 10 OUAETERS #2 ST THOMAS VI 00802-1348 Trades Not Yet Settled 13 Your Messages 13 Your Portfolio at a Glance Market Value of Your Portfolio Important Message II any information Cash 8 Equvalent $65.990.490 TOTAL VAWE OF SECURITIES THIS PERIOD 53,738,664 regarding 2004interesl. I $.28.399.636 dividends. miscellaneous MONEY MARKET FUND BALANCE 65,990,490 Equities $53.738,664 income, gross proceeds or $81.737.756 original issue discount is NET EQUITY THIS PERIOD $119,729,154 required to be reported to Current market vaue the IRS for this account, a NET EQUITY LAST STATEMENT 53,338,121 WE Last statements market value Consolidated Form 1099 Short market value will be mailed to you by CHANGE SINCE LAST STATEMENT 66,391,034 January 31.2005or a 1042Sby March 15.2005. There are no 'Stop Lose orders or other pending buy or sell open orders on file for your account. Roza ropan any Manse a nonracial of tucks or stocks. cattalo! as &Wow to sou. N Ow Swan at 50061.114211: a vat to Clam Somas. a BOW. Steam &cum.& Cad. One lAttrolach Carta North. Broollsn, NY. I12014054 Sipc TNE IstothuY Is dialdatalal Sands*. aly era teen Molar dor:wort TN% stalwart should be Maned Su your records Sea mend see let npalart arom:as 027 01,01005:09:IS 001 YS47 EFTA00196735  CLEARED 1HROUGH RS wilekLY 0"E0 SUBSIDIARY Beer. Saea•ns SON, b81 00,8. Ceol.levalech Cantet Noah Broeklln• New Volt 11201.3859 FINANCIAL TRUST COMPANY INC 2 oi la STATEMENT BACKER IS PRINTED ON THIS PAGE 027 Db01,05:09:18 001 YSS7 EFTA00196736  CLEARED 1HRWGH ?AIM? OMnE0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. Stearns SOC‘robel Cap. Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New YY New York 10179 Ore Mevolech Conte Noah eeCCidon. New Tuft 11201.3859 STEARNS FINANCIAL TRUST COMPANY INC 3 STATEMENT occo00 December 1.2004 THROUGH December 31.2004 ACCOUNT NUMBER Cash Flow Analysis Cash Balance Summary TAXPAYER WESER On File THIS PERIOD CeENN3 CLOSCIO LAST STATEMENT Novernter 30.2004 Opening Balance $-28.399.635.50 Margin -28.399.635.50 0.00 Securities Sold 76,155,563.42 Net Cash Balance $-28,399.635.50 $0.00 Money Fund 305.229.36 Funds Deposited 28,974,025.30 Dividendsllnterest 240.796.00 Miscellaneous 35,500,000.00 Income Summary ThaS PERM YEM TO DATE Amount Credited $141.175.614.08 Dividends 240.796.00 1.373.296.60 Substilule Payment 0.00 85.222.00 Securities Bought -46,416,875.96 Credit Balance Int. 0.00 398.34 Money Fund -66,295,719.71 Funds Withdrawn -12.500.00 Total $240,796.00 $1.458.916.94 Dividendsllnterest Charged -50.882.91 Foreign Tax Withheld 0.00 -2,033.91 Margin Int. Paid -50.882.91 -549,945.53 Your Portfolio Amount Debited 6-112,775.978.58 Allocation Net Cash Activity 28,399,635.50 Closing Balance $0.00 Portfolio Composition Sam* di/ irantfOot a oath bemoan accost twos MC not inclubd in Ms smnon such tranfies. as well as Meals la as one traosachros Hs Rood. Cash/Cash Equivalent 65.990.490 oftMer on Tr...a-bon Doml Equities 53.738.664 Equities Total $119.729.154 44% Cash & Equivale 56% Unnnled croons oenme Oat 014, O, 'nett Or, male vela, The ol000m ;event'', is dewed Icon Va ettal.te motet rat), (11 >CV POrtkol. 027 D01.0503:18 001 1867 EFTA00196737  CLEARED THROUGH ITS wilekLY 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT BOP. SZeirns SON, b81 Cory. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue New YY New York 10179 Ore Metsolech Contof Noah Beccidon. New Ye* 11201.3859 STEARNS FINANCIAL TRUST COMPANY INC 4 STATEMENT PERIOD December 1.2004 THROUGH December 31.2004 ACCOUNT NUMBER TAXPAYER MASSER On FIk LAST STATEMENT November 30.2004 Your Portfolio Holdings CASH & CASH EQUIVALENTS MARIS ESTIMATED CURRBVT DESORPTION STAIBCCPCUSIP QUANTITY PRICE VALUE AAPOJAL INCOME VELD i41 DREYFUS CASH MANAGEMENT-CL A DICXX 65.990.490.35 1.0000 65.990.490 1.121 838 1.7000 INSTITUTIONAL SHARES EST, 30 DAY AVG YIELD &MOO& TOTAL CASH & CASH EQUIVALENTS 565.990.490 $1.121.838 EQUITIES Equities & Options The research ratings for Bear Steams (BSC) are shown for certain securities covered by the Firm's Equity Research Department, The first rating represents the stock's total return relative to the other stocks covered by that Analyst. The key for the stock rating values is as follows: 0 = Outperform; P = Peer Perform; U = Underperform. The second rating represents the rating of the coverage universe relative to the regional broader market index, The key for the sector rating is as follows: MO = Market Overweight; MW = Market Weight; MU = Market Underweight. In cases where a BSC rating is present, the name of an independent, third-party research provider and their rating may also be displayed, where such research is available. The various providers have normalized their ratings systems as follows: B = Buy; H = Hold; S = Sell. The ratings information contained herein is for informational purposes only and is not intended to provide tax, legal or investment advice, Bear Steams is neither soliciting any action based on such information, nor endorsing any recommendation or opinion expressed by any independent, third-party research provider, The symbol indicates that continuing coverage of the subject company is temporarily not available due to legal reasons. Independent, third-party research on certain companies covered by the Firm's research is available to customers of Bear Steams at no cost. Customers can access this research at wvv.bearsteams,com or can call (800) 517-2327 to request that a copy of this research be sent to them, ACCT ?WWI ESTIAME0 CURRENT DESCRPTION STAIBWCIASIP 111.£ QUANTITY PRCE VAL-E ANIMA-INCOME YELD ICU BEAR STEARNS COMPANIES INC BSC CASH 300.000 102.3100 30.693.000 300,000 0.9774 DEERFIELD TRIARC CAP CORP 244572202 CASH 1.000.000 15.0000 15.000.000 ACCREDITED INVESTORS IFIL(IST FIN ITAL) IFPSF CASH 100,000 4.5140 451.400 8,400 1.8609 EURI INVST CL KERZNER INTERNATIONAL LTD KZL CASH 4.400 60.0500 264.220 027 Olitle05:09:18 001 '.86/ EFTA00196738  CLEARED THROUGH nS vAgNly 095E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT 8038r.Szvavn SOC7H*1 GOP. Bear. Stearns & Co. Inc. BEAR 383 Madison Avenue CeoLlevoiech Canny Noah Becdoon. New Ye* 11201.3859 STEARNS New VOTE Non York 10179 FINANCIAL TRUST COMPANY INC 5 ri STATEMENT PERIOD December 1.2004 THROUGH December 31.2004 Your Portfolio Holdings (continued) ACCOUNT NUMBER TAXPAYER MAGER On File LAST STATEMENT November 30. 2004 Equities & Options (continued) ACCT MONET ESTIMATED LERITSVT DESCRIPTION SYMBOGLESIP TYPE MANGY MICE VALUE ANNUAL MOW YELL/ rA) TOO INC TOO CASH 50,000 24.4600 1.223.000 BSC RATING: STOCK P!SECTOR MW GARP RESEARCH RATING: B VECTOR GROUP LTD VGR CASH 326,990 16.6300 5.437.844 523.184 9.6212 WYNN RESORTS LTD WYNN CASH 10,000 66.9200 669.200 Total Equities& Options $53.738.664 $831,584 TOTAL EQUITIES $53.738.664 $831,584 YOUR PORTFOLIOHOLDINGSESTIMATED ANNUAL INCOME $1.953.422 YOUR PRICED PORTFOLIOHOLDINGS $119.729.154 Transaction Detail INVESTMENT ACTIVITY SETTLEMENT TRADE DATE DATE TRANSACTION CESCRPTION SITABOLCUSP CUNNTiT7 PRCE DEGT AMCW4T GREG T NA0-5T 12'01/04 JOURNAL WALT DISNEY CO HOLDING CO DIS 250.000 JOURNAL FROM TYPE 1 TO 2 12/01/04 JOURNAL FLEXTRONICS INTERNATIONAL FLEX 100.000 LTD JOURNAL FROM TYPE 1 T02 027 DIVI,EISC9:18 001 .86? EFTA00196739  CLEARED THROUGH ITS 0%M.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirns SON, bel Dap. Bear. Stearns & CO. Inc. BEAR 383 Madison Avenue New York, New York 10179 Dec Metselech Cella Noah Beo:idon. New VC* I1201.38S9 STEARNS FINANCIAL TRUST COMPANY INC 6 ri STATEMENT PER100 December 1.2004 THROUGH December 31.2004 Transaction Detail (continued) *scow! NUMBER TAXPAYER K1. ER OR File INVESTMENT ACTIVITY (continued) LAST STATEMENT November 30.2004 SETTLEMENT TRADE DATE DATE TRANSACTION DESORPTION SYMEKVCUSP ovomin. perCE DEBIT AMOUNT CgE0T PAW:, 12/01/04 JOURNAL WALT DISNEY CO HOLDING CO DIS 250,000 JOURNAL FROM TYPE 1 TO 2 12/01/04 JOURNAL FLEXTRONICS INTERNATIONAL FLEX 100.000 LTD JOURNAL FROM TYPE 1 TO 2 12/03/04 11/30/04 BOUGHT BEAR STEARNS COMPANIES INC BSC 300,000 97.15000 29.163.005.00 UNSOLICITED BEAR. STEARNS & CO. INC. IS A SUBSIDIARY OF THE ISSUER, 12/06/04 12101/04 BOUGHT BEAR STEARNS COMPANIES INC BSC 100 100.00000 10.080.00 UNSOLICITED BEAR. STEARNS & CO. INC. IS A SUBSIDIARY OF THE ISSUER. 12/09/04 JOURNAL BANK OF AMERICA CORP BAC 100.000 JOURNAL FROM TYPE 2 TO I 12/09/04 JOURNAL VECTOR GROUP LTD VGR 6.300 JOURNAL FROM TYPE 2 TO I 12/09/04 JOURNAL BANK OF AMERICA CORP BAC -100.000 JOURNAL FROM TYPE 2 TO I 12/09/04 JOURNAL VECTOR GROUP LTD YGR -6.300 JOURNAL FROM TYPE 2 TO I 12/10/04 12/07/04 SOLD BANK OF AMERICA CORP BAC -100.000 46.52070 4,645,956.14 UNSOUCDED 12/10/04 12/07/04 SOLD WALT DISNEY CO HOLDING CO DIS -192.100 27.30910 5,234,424.35 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE UNSOLICITED 12/10/04 12/07/04 SOLD MEINA CORP KRB -322.800 26.23850 8.450.216.60 AVG PRICE SHOWN-DETAILS ON REO ACTUAL CONFIRM TO YOUR AGENT UNSOUCITED 027 01.01,DS:CB:18 001 V867 EFTA00196740  CLEARED THROUGH ITS wilekLY CAMPO SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. szeirns socv,hei GOP Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New YY New York 10179 Q-4 Mem:tech CarrIN Noah Beccidon. New VC* 11201.3859 STEARNS FINANCIAL TRUST COMPANY INC 7 STATEMENT PERIOD December 1.2004 THROUGH December 31.2004 Transaction Detail (continued) ACCOUNT NUMBER TAXPAYER WIPER On Foe INVESTMENT ACTIVITY (continued) LAST STATEMENT NOverntoN 30.2004 SETTLEMENT TRADE DATE DATE TRANSACTION DESORPTION SITABOLCUSP QUANTITY PPoCE Eat AMOUNT MOT AMOUNT 12/10/04 12/07/04 SOLD TYCO INTERNATIONAL LTD TYC -100,000 34.16670 3.410.585.04 UNSOLICITED 1010/04 12/07/04 BOUGHT TOO INC TOO 50.000 25.94890 1.300.450.00 UNSOLICITED 12/10/04 12/07/04 SOLD VECTOR GROUP LTD VGA -50.000 16.10810 802381.15 UNSOLICITED SEE NOTE ON BACK 12/13/04 12/08/04 SOLD BANK OF AMERICA CORP BAC -100.000 46.00870 4.594.757.33 AVG PRICE SHOWN-DETAILS ON REO ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED 12/13/04 12/08/04 SOLD VECTOR GROUP LTD VGR -6.300 16.14900 101353.31 AVG PRICE SHOWN-DETAILS ON REO ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED SEE NOTE'S ON BACK 1013/04 12/08/04 SOLD MBNA CORP KRB -99.900 26.00240 3591.579.97 AVG PRICE SHOWN-DETAILS ON REO ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED 12/14/04 12/09/04 SOLD WALT DISNEY CO HOLDING CO DIS -557.900 27.29470 15.193.877.80 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE UNSOLICITED 12/14/04 12/09/04 SOLD MBNA CORP KRB -527.300 26.07600 13.717.910.05 AVG PACE SHOWN-DETAILS ON REO ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED 12/15/04 TRANSFER BEAR STEARNS COMPANIES INC BSC -100 12/16/04 JOURNAL BEAR STEARNS COMPANIES INC BSC 100 JOURNAL FROM TYPE 2 TO I 12/16/04 JOURNAL BEAR STEARNS COMPANIES INC BSC 300.000 JOURNAL FROM TYPE 2 TO I 027 DIPIQS:09:18 001 YBS7 EFTA00196741  CLEARED THRWGH ITS ?RIMY 0%M.E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirhs SOC,r4M1 Gap. Bear. Stearns & CO. Inc. BEAR 383 Madison Avenue New YY New York 10179 0-41km:tech Cella Noah Beccidon. New VC* 11201.3859 STEARNS FINANCIAL TRUST COMPANY INC 8 STATEMENT PERKO December 1.2004 THROUGH December 31.2004 Transaction Detail (continued) AGLOW! NUMBER TAXPAYER WESER ON Foe INVESTMENT ACTIVITY (continued) LAST STATEMENT NOverTiteN 30.2004 SETTLEMENT TRADE DATE DATE TRANSACTOR CESCRIPITON STIOWCUSP GVANTITY PRICE DEBIT AMOUNT CREPT AMDUNT 1016/00 JOURNAL TOO INC TOO 50,000 JOURNAL FROM TYPE 2 TO 1 12/16/04 JOURNAL VECTOR GROUP LTD VGA 376,990 JOURNAL FROM TYPE 2 TO I 12/16/04 JOURNAL BEAR STEARNS COMPANIES INC BSC -100 JOURNAL FROM TYPE 2 TO I 12/16/04 JOURNAL BEAR STEARNS COMPANIES INC BSC -300.000 JOURNAL FROM TYPE 2 TO I 12/16/04 JOURNAL TOO INC TOO -50,000 JOURNAL FROM TYPE 2 TO I 12/16/04 JOURNAL VECTOR GROUP LTD VGA -376.990 JOURNAL FROM TYPE 2 TO I 12/20/04 12/15/04 SOLD WALT DISNEY CO HOLDING CO DIS -500.000 27 65060 13,794,971.48 WITH RIGHTS TO PURCHASE COMMON STK UNDER CERTAIN CIRCUMSTANCE AVG PRICE SHOWN-DETAILS ON REO ACTUAL CONFIRM TO YOUR AGENT 12/21/04 12/16/04 SOLD FLEXTRONICS INTERNATIONAL FLEX -100.000 14.39250 1,439,211.32 LTD UNSOLICITED WE MAKE A MKT IN THIS SECURITY AVG PRICE: DETAILS ON REQUEST UNIT PRICE 14.462500 OfFEREtCE - 0.060000 12/21/04 12/16/04 SOLD MBNA CORP KRB -50.000 27.68800 1,381,362.60 AVG PRICE SHOWN-DETAILS ON REO ACTUAL CONFIRM TO YOUR AGENT UNSOLICITED 12/23/04 12/17/04 BOUGHT DEERFIELD TRIARC CAP CORP 244572202 1.000.000 15.00000 15.000.000.00 ACCREDITED INVESTORS PROSPECTUS UNDER SEPARATE MAIL 027 DIJOIDSt9:18 001 '.86/ EFTA00196742  CLEARED THROUGH ITS »Cu.? 0"ED SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZetrn5 SOC,r,I*1 001111 Bear. Stearns & Co. Inc. BffiR 383 Madison Avenue New York, New York 10179 Cr.* Metsoleeh Conte< Noah Beecidp. New Tc" 112014859 STffiRNS FINANCIAL TRUST COMPANY INC 9 ci STATEMENT PERIN) December 1.2004 THROUGH December 31.2004 Transaction Detail (continued) ACCOUNT NUMBER TAXPAYER AMMER On File INVESTMENT ACTIVITY (continued) LAST STATEMENT Novemter 30.2004 =WIT TRADE DATE DATE TRANSACT/3N DESORPTION SYMBOLCUSA' OVANTITY PRICE DEBIT AMOUNT GREW ~UHT 12/31/04 12/28/04 BOUGHT KERZNER INTERNATIONAL LTD KZL 4,400 60.83340 267,935.96 AVG PACE SHOWN-DETAILS ON REO ACTUAL CONFIRM TO YOUR AGENT AS OF 12/28/04 12/31/04 12/28/04 SOLD VECTOR GROUP LTD VGA -50.000 16.00000 796.976.28 UNSOUCITED SEE NOTE ON BACK 12/31/04 12/28/04 BOUGHT WYNN RESORTS LTD WYNN 10.000 67.48000 675.405.00 WE ARE ACTING AS PRINCIPAL & MARKET MAKER: COMMISSION FIELD IS A COMMISSCH EMINALENT - DETAILS ON REQUEST UNSOUCRED TOTAL $-46.416,875.96 $76.155.563.42 DEPOSITS AND WITHDRAWALS DATE TRAAISACTCN DESORPTION DEVI Amoutr CREDIT AMOUNT 12/01/04 FUNDS REC FNDS WIRED TO CITIBANK FROM 1.000.000.00 BANK 12/10/04 FUNDS REC FNDS WIRED TO CITIBANK FROM 10,021,975.30 12/13/04 FUNDS REC FNDS WIRED TO CITIBANK FROM 65.662.00 12/16/04 CHECK CK N 1ACCT 12.500.00 12/23/04 FUNDS REC FNDS WIRED TO CITIBANK FROM 2,886,388.00 027 DIVIDS:09:18 001 V867 EFTA00196743  CLEARED 1HRWGH ITS 0"E0 SUBSIDIARY OFFICE SERVICING YOUR ACCOUNT Beer. SZeirhs SOC,r4M1 CND Bear. Stearns 8 Co. Inc. BEAR 383 Madison Avenue New YY New York 10179 Ore Mem:tech Ow:1N Noah Beccidon. New VC* 11201.3859 STEARNS FINANCIAL TRUST COMPANY INC 10 STATEMENT PERIOD December 1.2004 THROUGH December 31.2004 Transaction Detail (continued) ACCOUNT NUMBER TAXPAYER WESER On Foe DEPOSITS AND WITHDRAWALS (continued) LAST STATEMENT November 30.2004 DATE IPANSACT Ct. DESORFrION DEBIT AlACKAR CREDIT AMOUNT 12/29/04 FUNDS REC FNDS WIRED TO CITIBANK FROM 15.000000.00 _SS TOTAL $-12,500.00 $28,974,025.30 MONEY FUND ACTIVITY DATE ISOFDAT TRANSACTION DESORIPTCN SYLIDWOUSIP DUMMY PI CE CEBU AMOUNT CREDIT AMOUNT 12101/04 OPENINGBALANCE 0.00 1010/04 BOUGHT DREYFUS CASH MANAGEMENT-CL A Da< 10.021.975.30 1.0000 10.021.975.30 INSTITUTIONAL SHARES 12/13/04 BOUGHT DREYFUS CASH MANAGEMENT-CL A DIC70C 7,523,745.39 1.0000 7.523.745.39 INSTITUTIONAL SHARES 12/14/04 BOUGHT DREYFUS CASH MANAGEMENT-CL A DICXX 28.911.787.85 1.0000 28.911.787.85 INSMUTIONAL SHARES 12/16/04 SOLD DREYFUS CASH MANAGEMENT-CL A DICXX -12.500 LOOOO 12.500.00 INSMUTIONAL SHARES 1021/04 BOUGHT DREYFUS CASH MANAGEMENT-CL A DICXX 1.564.662.49 LOOOO 1.564.662.49 INSMUTIONAL SHARES 12/23/04 BOUGHT DREYFUS CASH MANAGEMENT-CL A DICXX 2.976.388 1.0000 2.976.388.00 INSMUTIONAL SHARES 12/29/04 BOUGHT DREYFUS CASH MANAGEMENT-CL A DICXX 14.853.635.32 1.0000 14.853.635.32 INSTITUTIONAL SHARES 12/29/04 SOLD DREYFUS CASH MANAGEMENT-CL A DICXX -146.364S8 1.0000 146.364.68 INSMUTIONAL SHARES 12/30/04 BOUGHT DREYFUS CASH MANAGEMENT-CL A DICXX 443525.36 1.0000 443525.36 INSMUTIONAL SHARES 027 01,01,05D9:18 001 VS67