last update: 6/20/2002				Ascent -  PUT CALENDAR SPREADS 2002							shows all positions w/Long debits in CY02
												Note: does not include commissions
	Date							Short Side	Date
STOCK	Established	Spread Cost	Long Put	Price	Sold Long	Short Put	Price	Closed	Closed	Gain/Loss	% RETURN	$$$$
											SHORT	(based on 10
											ONLY	contracts)
AZO		4.25 debit	Jun-65	$6.30		February-65	$2.05	$1.00	2/1/2002	$1.05	51%	$1,050
						March-65	$2.25	$0.20	3/13/2002	$2.05	91%	$2,050
						April-70	$4.20	$2.90	3/19/2002	$1.30	31%	$1,300
						May-70	$3.70	$2.80	4/8/2002	$0.90	24%	$900
						May-75	$5.60	$1.70	4/25/2002	$3.90	70%	$3,900
						June-75	$2.80	$0.40	5/30/2002	$2.40	86%	$2,400
						Position ENDED
AZO
(position #2)	4/26/2002	1.90 debit	Dec-70	$4.50		June-75	$2.30	$0.40	5/30/2002	$1.90	83%	$1,900
						July-80	$2.20
AZO	5/24/2002	2.85 debit	Dec-75	$4.10		June-80	$1.25	$0.90	6/10/2002	$0.35	28%	$350
(position #3)						July-80	$2.10
ADBE		3.20 debit	Jul-35	$5.90		Jan 37.5	$3.90	$2.10	1/7/2002	$1.80	46%	$1,800
						January-40	$3.60	$3.00	1/9/2002	$0.60	17%	$600
						February-35	$1.90	$0.15	2/13/2002	$1.75	92%	$1,750
						March-40	$3.70	$2.90	3/1/2002	$0.80	22%	$800
						April-40	$3.80	$2.70	3/6/2002	$1.10	29%	$1,100
						April-45	$5.85	$4.80	3/28/2002	$1.05	18%	$1,050
						May-45	$5.30		4/30/2002	$5.30	100%	$5,300
						June-40	$2.80	$2.35	5/8/2002	$0.45	16%	$450
						June-45	$5.00	$11.90	6/19/2002	($6.90)	-138%	($6,900)
						July-35	$7.00
ADBE	4/1/2002	.30 credit	Jul-35	$1.85	$5.50	May-40	$2.15	$1.60	4/30/2002	$0.55	26%	$550
(position#2)						June-40	$2.80	$2.35	5/8/2002	$0.45	16%	$450
			July 30	$2.25		June-45	$5.00	$11.90	6/19/2002	($6.90)	-138%	($6,900)
						July-35	$7.00
ADBE	4/15/2002	1.10 debit	Oct-35	$3.80	$4.00	May-40	$2.70	$1.60	4/30/2002	$1.10	41%	$1,100
(position #3)			Jul-35	$1.85	$5.50	June-40	$2.80	$2.35	5/8/2002	$0.45	16%	$450
			July 30	$2.25		June-45	$5.00	$11.90	6/19/2002	($6.90)	-138%	($6,900)
						July-35	$7.00
BA	2/5/2002	1.10 debit	Aug-40	$3.30	$4.10	March 42.5	$2.20	$1.70	2/11/2002	$0.50	23%	$500
						March-45	$3.20	$2.05	2/19/2002	$1.15	36%	$1,150
						April-45	$2.70	$1.35	2/27/2002	$1.35	50%	$1,350
						April 47.5	$2.55	$1.60	3/4/2002	$0.95	37%	$950
						April-50	$2.70	$2.00	3/4/2002	$0.70	26%	$700
						April-55	$5.70	$11.70	4/19/2002	($6.00)	-105%	($6,000)
			Jun-40	$1.10		May-50	$7.20	$7.00	4/29/2002	$0.20	3%	$200
						August-45	$4.00	$3.20	4/30/2002	$0.80	20%	$800
						June-40	$0.70
BBBY		.30 debit	30-May	$3.30		December-35	$3.60	$2.70	11/30/2001	$0.90	25%	$900
						January-35	$3.40	$1.70	12/31/2001	$1.70	50%	$1,700
						February-35	$2.50	$1.40	2/7/2002	$1.10	44%	$1,100
						March-35	$2.00	$1.00	2/14/2002	$1.00	50%	$1,000
						March 37.5	$2.00	$4.50	3/14/2002	($2.50)	-125%	($2,500)
						April-35	$3.00	$1.85	4/4/2002	$1.15	38%	$1,150
						May-35	$2.30	$1.70	04/08/02	$0.60	26%	$600
						May 37.5	$2.90	$1.60	4/23/2002	$1.30	45%	$1,300
						June 37.5	$2.15	$3.20	6/19/2002	($1.05)	-49%	($1,050)
						July 37.5	$3.40
BBBY	4/5/2002	.35 debit	Aug 32.5	$2.20		May-35	$1.90	$1.30	4/8/2002	$0.60	32%	$600
(position #2)						May 37.5	$2.30	$1.60	4/23/2002	$0.70	30%	$700
						June 37.5	$2.15	$3.20	6/19/2002	($1.05)	-49%	($1,050)
						July 37.5	$3.40
BBBY	6/20/2002	.85 debit	Nov-35	$2.85		July-40	$2.00
(position#3)
BDK	4/5/2002	1.20 credit	Aug-45	$2.50		May-50	$3.70	$2.40	4/25/2002	$1.30	35%	$1,300
						June-50	$2.90	$2.30	5/1/2002	$0.60	21%	$600
						June-55	$5.40	$8.00	6/19/2002	($2.60)	-48%	($2,600)
						July-50	$2.60
BOL		.15 debit	Jul-35	$2.80		January-40	$2.65	$2.15	1/4/2002	$0.50	19%	$500
						February-40	$2.75	$2.20	1/22/2002	$0.55	20%	$550
						February-45	$3.80	$7.50	2/14/2002	($3.70)	-97%	($3,700)
						March-45	$3.00	$0.50	3/18/2002	$2.50	83%	$2,500
						April-40	$1.55	$1.05	3/19/2002	$0.50	32%	$500
						May-40	$1.40	$0.90	3/24/2002	$0.50	36%	$500
						April-45	$2.80	$6.70	4/19/2002	($3.90)	-139%	($3,900)
						May-40	$2.10	$4.90	5/14/2002	($2.80)	-133%	($2,800)
						June-35	$2.40	$1.50	5/21/2002	$0.90	38%	$900
						July-35	$2.00	$1.20	5/29/2002	$0.80	40%	$800
						June-40	$2.60
BOL	6/6/2002	.40 credit	Jan-35	$3.40		July-40	$3.80
(position #2)
BRCD	6/14/2002	.70 debit	Oct 17.5	$3.00		July 20	$2.30	$1.60	6/17/2002	$0.70	30%	$700
						July 22.5	$2.65
BUD		.05 debit	Jun-40	$2.10		December-45	$2.05	$1.10	12/19/2002	$0.95	46%	$950
						January-45	$1.55	$0.75	1/31/2002	$0.80	52%	$800
						Jan 47.5	$2.20	$0.00	1/18/2002	$2.20	100%	$2,200
						February-50	$5.10	$2.35	2/4/2002	$2.75	54%	$2,750
						March-50	$2.55	$1.00	3/1/2002	$1.55	61%	$1,550
						March-55	$4.10	$4.00	3/14/2002	$0.10	2%	$100
						June-55	$4.50	$3.60	3/26/2002	$0.90	20%	$900
						April-55	$2.80
						June-55	$4.50	$2.40	6/14/2002	$2.10	47%	$2,100
						July-55	$2.70
BWA	22-Feb-02	.60 debit	Jul-55	$2.90		Mar-60	$2.60	$1.80	2/27/2002	$0.80	31%	$800
						Apr-60	$2.60	$1.80	2/27/2002	$0.80	31%	$800
						Apr-65	$4.40	$2.60	3/7/2002	$1.80	41%	$1,800
						Mar-65	$1.10	$0.60	3/13/2002	$0.70	64%	$700
						Apr-65	$2.40	$1.65	4/9/2002	$0.70	29%	$700
						May-65	$2.80	$1.70	5/14/2002	$0.70	25%	$700
						Jun-65	$2.90	$2.00	5/22/2002	$0.70	24%	$700
						Jul-65	$2.60	$2.15	5/28/2002	$0.70	27%	$700
						Jul-70	$4.60
BWA	22-Apr-02	.70 debit	Oct-60	$4.80	$5.20	May-65	$4.10	$1.70	5/14/2002	$0.70	17%	$700
(position #2)						Jun-65	$2.90	$2.00	5/22/2002	$0.70	24%	$700
						Jul-65	$2.60
			Jul-55	$1.15
CEFT	17-Dec-01	0 debit	March 27.5	$1.35		30-Jan	$1.35	$1.05	12/18/2002	$0.70	52%	$700
						Jan 35	$4.30	$2.95	12/26/2002	$0.70	16%	$700
						Feb 32.5	$1.75	$1.05	1/15/2002	$0.70	40%	$700
						Feb-35	$2.30		no longer following
						END Position
CEFT	1-Mar-02	.70 debit	Sept 30	$2.90		April 32.5	$2.20	$1.50	3/4/2002	$0.70	32%	$700
(position #1)						April 35	$2.70	$1.55	4/2/2002	$0.70	26%	$700
						May-35	$1.95	$1.40	5/8/2002	$0.70	36%	$700
						Jun-35	$2.00
CEFT	6-Jun-02	1.50 debit	Dec 30	$2.75		30-Jul	$1.25
(position #2
CC	13-Dec-01	.90 debit	July 17.5	$2.10		Jan 20	$1.15	$0.70	12/18/2002	$0.45	39%	$450
						Jan 25	$2.65	$2.05	12/18/2002	$0.60	23%	$600
						Jan 30	$5.30	$1.55	1/18/2002	$3.75	71%	$3,750
						Jan 22.5	$1.60	$0.30	1/4/2002	$1.30	81%	$1,300
						Feb 25.0	$1.30	$1.00	1/7/2002	$0.30	23%	$300
						Feb 30.0	$2.10
						END Position
CCU	13-Dec-01	1.50 debit	Jul-50	$5.20		Jan-55	$3.70	$2.50	1/7/2002	$1.20	32%	$1,200
						Feb-55	$3.40	$6.00	2/15/2002	($2.60)	-76%	($2,600)
						Mar-40	$2.00	$1.40	2/8/2002	$0.60	30%	$600
						Mar-45	$2.00	$1.40	2/8/2002	$0.60	30%	$600
						Mar-50	$4.00	$1.95	2/13/2002	$2.05	51%	$2,050
						Mar-55	$4.70	$2.30	3/14/2002	$2.40	51%	$2,400
						Apr-55	$3.50	$2.75	3/18/2002	$0.75	21%	$750
						Apr-60	$6.40	$6.50	4/19/2002	($0.10)	-2%	($100)
						May-55	$3.30	$4.40	5/15/2002	($1.10)	-33%	($1,100)
						Jun-55	$5.00
CCU	7-Feb-02	.60 debit	Jul-40	$2.60		Mar-50	$4.00	$1.95	2/13/2002	$2.05	51%	$2,050
(position #2)						Mar-55	$4.70	$2.30	3/14/2002	$2.40	51%	$2,400
						Apr-55	$3.50	$2.75	3/18/2002	$0.75	21%	$750
						Apr-60	$6.40	$6.50	4/19/2002	($0.10)	-2%	($100)
						May-55	$3.30	$4.40	5/14/2002	($1.10)	-33%	($1,100)
						Jun-55	$5.00	$2.35	6/3/2002	$2.65	53%	$2,650
						Jul-55	$3.00
CCU	24-May-02	.65 debit	Oct-50	$3.40		Jun-55	$2.75	$2.35	6/3/2002	$0.40	15%	$400
(position #3)						Jul-55	$3.00
CMSCK	02/22/02	.85 debit	July-35	$2.65	$5.70	March 32.5	$1.80	$0.60	2/28/2002	$1.20	67%	$1,200
						April 32.5	$1.30	$0.95		$0.35	27%	$350
						Apr-35	$1.60	5.10	4/19/2002	($3.50)	-219%	($3,500)
						May-35	$5.25	5.70	5/15/2002	($0.45)	-9%	($450)
						June 30	$1.80	1.10	5/21/2002	$0.70	39%	$700
						June 32.5	$2.10	8.20	6/20/2002	($6.10)	-290%	($6,100)
						END Position
CMYI	05/10/02	1.40 debit	November-45	$6.90		Jun-50	$5.50	$3.20	5/14/2002	$2.30	42%	$2,300
						Jun-55	$5.40	9.30	6/20/2002	($3.90)	-72%	($3,900)
						Jul-40	$6.30
COST		1.05 debit	April 37.5	$3.30		December-40	$2.40	$1.80	11/5/2001	$0.60	25%	$600
						Dec 42.5	$2.95	$1.95	11/8/2001	$1.00	34%	$1,000
						December-45	$3.40	$1.10	12/20/2001	$2.30	68%	$2,300
						January-45	$2.15	$1.20	1/28/2001	$0.95	44%	$950
						February-45	$3.90	$1.20	1/28/2002	$2.70	69%	$2,700
						March-45	$1.85	$0.80	2/21/2002	$1.05	57%	$1,050
						April-45	$1.35	$2.50	4/19/2002	($1.15)	-85%	($1,150)
						May 42.5	$1.80	$2.00	5/15/2002	($0.20)	-11%	($200)
						June 42.5	$2.50	$1.50	6/19/2002	$1.00	40%	$1,000
						July 42.5	$2.10
COX	12/27/2001	0	Jun-35	$1.55		January-40	$1.30	$0.45	12/31/2001	$0.85	65%	$850
						January-45	$3.30	$7.00	1/18/2001	($3.70)	-112%	($3,700)
						February-45	$3.20	$6.95	2/15/2002	($3.75)	-117%	($3,750)
						March-40	$8.00	$0.65	3/15/2002	$7.35	92%	$7,350
						April-40	$1.80	$2.40	4/19/2002	($0.60)	-33%	($600)
						May-40	$2.70	$5.90	5/15/2002	($3.20)	-119%	($3,200)
						June-35	$2.20
					??	END Position
COX	4/13/2002		Sep-35			May-35	$1.40	0.95	4/16/2002	$0.45	32%	$450
						May-40	$3.45	5.90	5/15/2002	($2.45)	-71%	($2,450)
						Jun-35	$2.20	5.70	6/20/2002	($3.50)	-159%	($3,500)
						Jul-35	$5.70
CPN	11/9/2001		25-Apr	$4.10		Dec 25	$1.60	$1.25	11/25/2001	$0.35	22%	$350
						Dec 30	$3.70	$15.00	12/20/2001	($11.30)	-305%	($11,300)
	2/8/2002	??				Jan 15	$2.00	$0.80	12/26/2001	$1.20	60%	$1,200
						Jan 17.5	$2.00	$1.55	12/31/2001	$0.45	23%	$450
						Feb 17.5	$2.00	$3.40	2/15/2002	($1.40)	-70%	($1,400)
		interim hedge	March 7.5	$1.05	$0.00	March 10	$2.85	$0.00	3/15/2002	$2.85	100%	$2,850
						END Position
CPN	3/6/2002	.05 debit	July 7 .5	$1.30		April 10	$1.25	$0.75	3/8/2002	$0.50	40%	$500
(position #2)						April 12.5	$1.55	$0.95	3/18/2002	$0.60	39%	$600
						April 15	$2.25	$1.65	3/21/2002	$0.60	27%	$600
						May 15	$3.70	$2.25	4/23/2002	$1.45	39%	$1,450
						June 15	$2.50	$4.80	6/20/2002	($2.30)	-92%	($2,300)
						July 12.5	$4.90
CPN	3/10/2002	.20 credit	July 12.5	$2.40		April 15	$2.60	$1.00	3/21/2002	$1.60	62%	$1,600
(position #3)						May 15	$1.85	$5.80	5/15/2002	($3.95)	-214%	($3,950)
						June 12.5	$3.40	$7.30	6/20/2002	($3.90)	-115%	($3,900)
						July 12.5	$4.90
CYGN	4/15/2002	.45 credit	Sept 5	$0.75		May 7.5	$1.20	$3.40	5/15/2002	($2.20)	-183%	($2,200)
						June 5	$0.95
DAL	12/13/2001	.20 credit	April  25	$1.70		Jan 30	$1.90	$0.90	1/3/2002	$1.00	53%	$1,000
						February-30	$1.65	$1.40	1/10/2002	$0.25	15%	$250
						February-35	$3.90	$3.10	2/6/2002	$0.80	21%	$800
						March-35	$3.50	$2.65	2/12/2002	$0.85	24%	$850
						April-35	$3.30	$2.25	2/27/2002	$1.05	32%	$1,050
						April-40	$5.15	$3.40	3/4/2002	$1.75	34%	$1,750
						April-45	$6.85	$15.50	4/19/2002	($8.65)	-126%	($8,650)
						May 30	$2.00
DELL		1.25 debit	Aug 27.5	$3.30	$3.50	February-30	$2.05	$5.25	2/15/2002	($3.20)	-156%	($3,200)
						"March 30	$5.75	$1.80	3/8/2002	$3.95	69%	$3,950
						April 30	$2.45	$2.55	4/19/2002	($0.10)	-4%	($100)
						May 30	$3.05	$3.50	5/14/2002	($0.45)	-15%	($450)
	5/8/2002		25-Jun	$1.60		June 30	$3.80	$2.80	5/17/2002	$1.00	26%	$1,000
						June 32.5	$4.30	$8.20	6/20/2002	($3.90)	-91%	($3,900)
						July 30	$5.70
DELL	5/17/2002	.50  debit	Nov 27.5	$2.80		June 30	$2.30
DISH	roll of long		June 22.5	$1.30		Jan 27.5	$1.90	$1.00	12/31/2002	$0.90	47%	$900
						Feb 27.5	$1.65	$0.75	1/8/2002	$0.90	55%	$900
						February-30	$1.30	$0.75		$0.55	42%	$550
						March 30	$7.70	$2.00	2/15/2002	$5.70	74%	$5,700
						April 30	$2.60	$2.10	3/18/2002	$0.50	19%	$500
						May 30	$2.60	$2.00	4/16/2002	$0.60	23%	$600
						May 32.5	$3.60
DOL		1.55 credit	Jun 25	$1.80		February-30	$3.00	$2.55	1/7/2002	$0.45	15%	$450
						March 30	$3.10	$1.10	2/19/2002	$2.00	65%	$2,000
						April 30	$1.40	$0.70	3/4/2002	$0.70	23%	$700
						April-35	$3.80	$3.50	4/18/2002	$0.30	21%	$300
						May-35	$3.60	$2.15	4/24/2002	$1.45	38%	$1,450
						June-35	$2.35	$2.80	6/20/2002	($0.45)	-13%	($450)
						July-35	$2.80
DOL		2.30 credit	Sep 30	$2.10		April-35	$4.40	$3.50	4/18/2002	$0.90	20%	$900
(position #2)						May-35	$3.60	$2.15	4/24/2002	$1.45	40%	$1,450
						June-35	$2.35	$2.80	6/20/2002	($0.45)	-13%	($450)
						July-35	$2.80
ERTS	12/1/2001	2.50 debit	Mar-55	$4.80		December-60	$2.30	$1.70	12/4/2001	$0.60	26%	$600
						January-60	$5.10	$3.40	12/4/2001	$1.70	33%	$1,700
						February-60	$6.20	$6.35		($0.15)	-2%	($150)
						March-60	$7.10	$0.70	3/11/2002	$6.40	90%	$6,400
						END  Position - continued
ERTS	3/11/2002	.45 debit	Jun-55	$3.10		April-60	$2.65	$0.10	4/18/2002	$2.55	96%	$2,550
						May-65	$3.95	$4.25	5/10/2002	($0.30)	-8%	($300)
						June-60	$2.80	$2.05	5/14/2002	$0.75	27%	$750
						June-65	$4.00	$2.70	6/3/2002	$1.30	33%	$1,300
						July-65	$3.90	$3.20	6/18/2002	$0.70	18%	$700
						July-70	$5.20
FLR	6/20/2002	.35 credit	Oct-35	$2.45		July-40	$2.80
FOX	1/31/2002	.20 debit	FOXOD	$1.90		March 22.5	$1.70	$1.00	2/28/2002	$0.70	41%	$700
						April 22.5	$1.25	$0.70	3/5/2002	$0.55	44%	$550
						April 25	$1.75	$1.20	3/18/2002	$0.55	31%	$550
						April 30	$5.20	$5.00	4/23/2002	$0.20	4%	$200
						May 30 (placed on 4/29)	$5.10	$4.40	5/14/2002	$0.70	14%	$700
						June 30	$4.50	$2.90	5/15/2002	$1.60	36%	$1,600
						July 30	$3.20
FOX	3/18/2002	.65 debit	Oct 22.5	$2.10		April 25	$1.45	$0.10	4/23/2002	$1.35	93%	$1,350
(position#2)						May 25 (placed 4/29/02)	$1.00	$0.25	5/14/2002	$0.75	75%	$750
						June 30	$4.50	$2.90	5/15/2002	$1.60	36%	$1,600
						July 30	$3.20
FRX	1/7/2002	.40 debit	May-80	$5.30		February-85	$4.90	$3.15	1/23/2002	$1.75	36%	$1,750
						March-85	$4.30	$2.90	3/12/2002	$1.40	33%	$1,400
						April-85	$4.75	$4.00	3/12/2002	$0.75	16%	$750
						April-90	$6.70	$14.25	4/19/2002	($7.55)	-113%	($7,550)
						May-85	$10.10	$6.60	4/23/2002	$3.50	35%	$3,500
						June-85	$7.30
FRX			Aug-80			April-85	$3.20	$9.90	4/19/2002	($6.70)	-209%	($6,700)
(position#2)						May-85	$10.10	$6.60	4/23/2002	$3.50	35%	$3,500
						June-85	$7.30
FRX
(position #3)	6/14/2002	.90 debit	Nov-70	$5.70		July-75	$4.60	$3.60	6/17/2002	$1.00	22%	$1,000
						August-75	$4.40
GD		1.45 debit	Feb-75	$3.90		November-80	$2.45	$1.60	10/25/2001	$0.85	35%	$850
						November-85	$3.20	$2.30	10/26/2001	$0.90	28%	$900
						December-85	$1.90	$6.95	12/21/2001	($5.05)	-266%	($5,050)
						January-85	$8.25	$3.50	1/4/2002	$4.75	58%	$4,750
						February-85	$4.40	$2.95	1/24/2002	$1.45	33%	$1,450
						March-85	$3.80	$2.10	1/31/2002	$1.70	45%	$1,700
						END Position
GD			Aug-75	$1.30	$0.10	March-90	$4.30	$2.35	2/15/2002	$1.95	45%	$1,950
(position #2)						March-95	$5.10	$2.00	2/20/2002	$3.10	61%	$3,100
						April-90	$3.40	$2.65	3/1/2002	$0.75	22%	$750
						April-95	$4.70	$3.80	3/6/2002	$0.90	19%	$900
						May-95	$5.10	$4.00	3/26/2002	$1.10	22%	$1,100
			Aug-90	$2.00		May 100	$6.60	$4.10	4/23/2002	$2.50	38%	$2,500
						June 100	$5.10	$4.30	5/1/2002	$0.80	16%	$800
						June 105	$7.50	$5.90	5/9/2002	$1.60	21%	$1,600
						Aug 105	$7.70	$6.90	5/31/2002	$0.80	10%	$800
						July 105	$5.60	$4.20	6/12/2002	$1.40	25%	$1,400
						July 110	$7.40	$5.80	6/18/2002	$1.60	22%	$1,600
						Aug 110	$6.70
GE	5-Feb-02	.55 debit	Jul-35	$2.75		Feb 37.5	$2.20	$1.45	2/6/2002	$0.75	34%	$750
						March 37.5	$2.10	$1.35	2/13/2002	$0.75	36%	$750
						March-40	$2.80	$1.30	2/28/2002	$1.50	54%	$1,500
						April-40	$2.05	$1.40	3/5/2002	$0.65	32%	$650
						April 42.5	$2.60	$2.05	3/8/2002	$0.55	21%	$550
						Apr-45	$3.70	11.00	4/19/2002	($7.30)	-197%	($7,300)
						May-40	$6.10	8.70	5/15/2002	($2.60)	-43%	($2,600)
						Jun-35	$3.90	2.40	5/21/2002	$1.50	38%	$1,500
						Jul-35	$2.80
GIS	2/8/2002	1.40 debit	Jul-45	$2.50	$3.80	Mar-45	$1.10	0.80	1/12/2002	$0.30	27%	$300
						Apr-45	$1.25	0.95	2/20/2002	$0.30	24%	$300
						Apr-50	$3.40	2.35	3/19/2002	$1.05	31%	$1,050
						Apr-55	$6.40	5.20	4/10/2002	$1.20	19%	$1,200
			Jul-40	$1.15		May-50	$1.30	5.65	5/14/2002	($4.35)	-335%	($4,350)
						Jun-45	$1.60	1.80	6/20/2002	($0.20)	-13%	($200)
						Jul-45	$2.80
HAL	2/15/2002	.15 debit	15-Jul	$1.90		March 17.5	$1.75	$1.30	2/28/2002	$0.45	26%	$450
						April 17.5	$1.90	$1.40	3/11/2002	$0.50	26%	$500
						April 20	$2.90	$2.60	4/16/2002	$0.30	10%	$300
						May 20	$3.10	$2.70	5/15/2002	$0.40	13%	$400
						June 20	$3.00	$2.40	5/22/2002	$0.60	20%	$600
						July 20	$2.75	$1.80	5/29/2002	$0.95	35%	$950
						June 22.5	$3.40	$6.30	6/20/2002	($2.90)	-85%	($2,900)
						July 20	$3.90
HET		.60 debit	Feb 27.5	$2.50		Nov 30	$1.90	$0.10	11/13/2001	$1.80	95%	$1,800
						Dec 32.5	$1.40	$0.60	12/6/2001	$0.80	57%	$800
						Jan 32.5	$1.10	$0.80	12/12/2001	$0.30	27%	$300
						January-35	$1.70	$1.20	12/18/2001	$0.50	29%	$500
						Jan 37.5	$2.45	$0.80	1/4/2002	$1.65	67%	$1,650
						Feb 37.5	$1.50	$1.10	1/8/2002	$0.40	27%	$400
						END Position
HET	rolled 2/15		Aug-35	$1.75		February-40	$2.00	$1.40	1/16/2002	$0.60	30%	$600
						March 42.5	$4.20	$2.90	2/25/2002	$1.30	31%	$1,300
						April-40	$2.00	$1.05	3/4/2002	$0.95	48%	$950
						April 42.5	$1.85	$1.25	3/20/2002	$0.60	32%	$600
						April-45	$2.20	$1.75	3/21/2002	$0.45	20%	$450
						May-45	$2.05	$1.30	4/12/2002	$0.75	37%	$750
						May 47.5	$2.20	$1.50	4/16/2002	$0.70	32%	$700
						May-50	$5.65	$1.80	5/13/2002	$3.85	68%	$3,850
						June-50	$2.50	$3.55	6/20/2002	($1.05)	-42%	($1,050)
						July-50	$4.20
HDI		1.10 debit	May-45	$4.50		December-50	$3.40	$2.55	11/19/2002	$0.85	25%	$850
						December-55	$5.70	$4.00	11/27/2002	$1.70	30%	$1,700
						January-55	$4.60	$2.00	12/26/2002	$2.60	57%	$2,600
						January-55	$3.40	$2.00	12/28/2002	$1.40	41%	$1,400
						February-55	$2.80	$2.25	1/18/2002	$0.55	20%	$550
						March-55	$4.20	$3.20	3/1/2002	$1.00	24%	$1,000
						April-55	$4.10	$2.70	3/5/2002	$1.40	34%	$1,400
						April-60	$5.60	$4.50	4/17/2002	$1.10	20%	$1,100
			Nov-45	1.45		May-55	$1.50	$0.90	5/15/2002	$0.60	40%	$600
						June-55	$2.00	$1.35	6/11/2002	0.65	0.325	$650
						July-55	$2.15
HLIT	01/18/02	2.00 debit	July 12.5	$4.00	$4.80	Feb 12.5	$2.00	$1.10		$0.90	45%	$900
						March 15	$3.80	$2.80	1/31/2001	$1.00	26%	$1,000
	03/08/02	.15 credit	July 12.5	$2.35	$4.80	April 15	$2.50	$1.40	4/2/2002	$1.10	44%	$1,100
			July 7.5	$1.25		May 12.5	$1.85	$3.95	5/15/2002	($2.10)	-114%	($2,100)
						June 10	$1.80
IBM	13-Jun-02	3.05 debit	Oct-75	$6.00		July-75	$2.95
IMNX			June 25	$1.60		February-30	$2.30	$1.25	2/15/2002	$1.05	46%	$1,050
						March 30	$3.20	$1.75	2/20/2002	$1.45	45%	$1,450
						April 30	$2.20	$1.00	3/18/2002	$1.20	55%	$1,200
						May 30	$1.35	$3.30	5/14/2002	($1.95)	-144%	($1,950)
						June 30	$3.60
INTU			June 25	$1.60		February-40	$2.25	$3.10	2/15/2002	($0.85)	-38%	($850)
						March 30	$3.20	$1.75	2/20/2002	$1.45	45%	$1,450
						March-40	$4.50	$1.75	3/14/2002	$2.75	61%	$2,750
						April-40	$3.10	$1.20	3/14/2002	$1.90	61%	$1,900
						May-40	$2.20	$1.60	4/22/2002	$0.60	27%	$600
						May-45	$4.80	$2.40	5/14/2002	$2.40	50%	$2,400
						June-45	$3.50	$2.90	5/29/2002	$0.60	17%	$600
						End Position
INTU	5/10/2002	.50 credit	Oct 40	$4.50		June-45	$5.00	$2.90	5/29/2002	$2.10	42%	$2,100
(position #2)						July-45	$3.60	$2.90	5/30/2002	$0.70	19%	$700
						July-50	$6.10	$3.60	6/18/2002	$2.50	41%	$2,500
						July-55	$7.10
IVGN	4/29/2002	1.35 debit	Nov 30	$3.10		June 32.5	$1.75	$1.40	5/14/2002	$0.35	20%	$350
						June-35	$2.40
IVGN	6/14/2002	2.50 debit	Nov 32.5	$4.60		July 32.5	$2.10	$1.70	6/17/2002	$0.40	19%	$400
(position #2)						July-35	$2.55
JNJ	8/17/2001	1.35 debit	Apr-55	$2.90		October-55	$1.30	$0.20	10/17/2001	$1.10	85%	$1,100
						November-60	$3.30	$2.05	10/23/2001	$1.25	96%	$1,250
						December-60	$2.60	$1.45	11/20/2001	$1.15	35%	$1,150
						Jan 62.5	$2.80	$5.50	1/19/2002	($2.70)	-104%	($2,700)
						February-60	$3.40	$2.50	2/15/2002	$0.90	32%	$900
						March-60	$4.10	$0.65	2/28/2002	$3.45	123%	$3,450
						April-60	$1.25	$0.90	3/4/2002	$0.35	28%	$350
						April-65	$3.30	$2.25	3/7/2002	$1.05	32%	$1,050
						April-70	$6.45	$1.05	4/18/2002	$5.40	84%	$5,400
						May-65	$2.00	$4.90	5/20/2002	($2.90)	-145%	($2,900)
						June-65	$5.20	$3.80	5/22/2002	$1.40	27%	$1,400
						END Position
JNJ	4/22/2002	.60 debit	Oct-60	$2.20		May-65	$1.90	$4.90	5/20/2002	($3.00)	-158%	($3,000)
(position #2)						June-65	$5.20	$3.80	5/22/2002	$1.40	27%	$1,400
						July-65	$4.10
JNPR	3/8/2002	.10 debit	July10	$1.20		April 12.5	$1.10	$0.85	4/16/2002	$0.25	23%	$250
						May 12.5	$1.45	$2.50	5/16/2002	($1.05)	-72%	($1,050)
						June 12.5	$2.70
KFT	11/2/2001	.05 credit	March 32.5	$1.25		December-35	$1.30
						January-35	$1.70	$0.50	1/18/2002	$1.20	71%	$1,200
						February-35	$1.00	$0.20	1/30/2002	$0.80	80%	$800
						March 37.5	$1.70	$1.25	2/4/2002	$0.45	26%	$450
						END POSITION
KFT			Sept 32.5	$1.45		March-40	$3.15	$3.00	3/14/2002	$0.15	5%	$150
(position #2)						April-40	$3.20	$2.10	3/19/2002	$1.10	34%	$1,100
						April 42.5	$4.20	$3.10	4/2/2002	$1.10	26%	$1,100
						May-40	$1.30	$0.80	4/5/2002	$0.50	38%	$500
						May 42.5	$2.15	$1.05	5/2/2002	$1.10	51%	$1,100
						June 42.5	$1.55	$1.30	5/29/2002	$0.25	16%	$250
						July 42.5	$1.60	$0.80	5/31/2002	$0.80	50%	$800
						July-45	$1.95
KFT	4/5/2002	.05 credit	Sep-40	$1.90		May 42.5	$1.95	$1.05	5/2/2002	$0.90	46%	$900
(position #3)						June 42.5	$1.55	$1.30	5/29/2002	$0.25	16%	$250
						July 42.5	$1.60	$0.80	5/31/2002	$0.80	50%	$800
						July-45	$1.95
LMT	12/5/2001	.45 credit	Mar-40	$1.95		December-45	$2.10	$1.50	11/21/2001	$0.60	29%	$600
						January-45	$2.10	$1.30	12/12/2001	$0.80	38%	$800
						December-45	$2.10	$0.40	12/21/2001	$1.70	81%	$1,700
						January-45	$1.20	$0.35	1/4/2002	$0.85	71%	$850
						February-50	$3.20	$2.35	1/15/2002	$0.85	27%	$850
						March-50	$2.90	$1.90	1/25/2002	$1.00	34%	$1,000
						END Position
LMT	2/15/2002	.95 debit	Sep-50	$2.70		March-55	$1.75	$1.40	2/20/2002	$0.35	20%	$350
						March-65	$6.10	$1.40	2/20/2002	$4.70	77%	$4,700
						April-55	$2.40	$1.40	2/28/2002	$1.00	42%	$1,000
						April-60	$3.50	$1.95	3/26/2002	$1.55	44%	$1,550
						May-60	$2.50	$1.80	4/10/2002	$0.70	28%	$700
						May-65	$4.70	$4.10	4/23/2002	$0.60	13%	$600
						June-65	$4.70	$3.30	5/9/2002	$1.40	30%	$1,400
						September-65	$5.10	$5.00	5/22/2002	$0.10	2%	$100
						July-65	$3.80	$3.10	6/5/2002	$0.70	18%	$700
						September-70	$7.50	$7.10	6/12/2002	$0.40	5%	$400
						July-70	$5.90	$3.90	6/18/2002	$2.00	34%	$2,000
						September-70	$5.20
LLL		7.60 debit	Jul-85	$10.90		January-85	$3.30	$2.20	12/26/2001	$1.10	33%	$1,100
						January-90	$4.00	$3.00	12/31/2001	$1.00	25%	$1,000
						February-90	$4.90	$3.60	1/15/2002	$1.30	27%	$1,300
						February-95	$5.80	$4.50	1/18/2002	$1.30	22%	$1,300
						April-95	$6.80	$0.90	3/8/2002	$5.90	87%	$5,900
						March-95	$4.60	$2.90	1/28/2002	$1.70	37%	$1,700
						March 100	$4.50	$3.50	2/6/2002	$1.00	22%	$1,000
						END Position
LLL		2.50 debit	July 100	$6.70		March 105	$4.20	$3.50	2/13/2002	$0.70	17%	$700
(2nd position)						March 105	$4.60	$3.50	2/13/2002	$1.10	24%	$1,100
						March 110	$5.80	$2.80	2/21/2002	$3.00	52%	$3,000
						April 110	$4.70	$3.15	3/4/2002	$1.55	33%	$1,550
						April 110	$3.30	$3.15	3/8/2002	$0.15	5%	$150
						April 115	$4.70	$3.00	4/1/2002	$1.70	36%	$1,700
						May 115	$4.90	$3.60	4/2/2002	$1.30	27%	$1,300
						May 120	$5.40	$3.20	4/10/2002	$2.20	41%	$2,200
						May 125	$5.10	$3.20	4./30/02	$1.90	37%	$1,900
						June 125	$5.20	$3.40	5/1/2002	$1.80	35%	$1,800
						June 130	$4.90	$9.60	6/17/2002	($4.70)	-96%	($4,700)
						July 62.5	$7.80
LLL	5/24/2002	1.35 debit	Oct-60	$4.20		June-65	$2.85	$9.60	6/17/2002	($6.75)	-237%	($6,750)
(3rd position)						July 62.5	$7.80
LOW	1/18/2002	2.00 debit	Jul-40	$3.10		Feb 42.5	$1.10	$0.60	1/23/2002	$0.50	45%	$500
						March 42.5	$1.25	$0.60	2/4/2002	$0.65	52%	$650
						March-45	$1.10	$0.75	2/25/2002	$0.35	32%	$350
						March 47.5	$2.10	$4.20	3/14/2002	($2.10)	-100%	($2,100)
						April 47.5	$4.50	$3.00	4/19/2002	$1.50	33%	$1,500
						May 47.5	$3.90	$3.50	5/15/2002	$0.40	10%	$400
						June-45	$2.00	$0.95	5/20/2002	$1.05	53%	$1,050
						June 47.5	$2.00	$1.20	5/28/2002	$0.80	40%	$800
						June-50	$2.60	$2.00	6/13/2002	$0.60	23%	$600
						July-50
LOW	4/5/2002	1.20 debit	Oct 42.5	$3.60		May-45	$2.40	$1.50	4/16/2002	$0.90	38%	$900
(position#2)						May 47.5	$2.80	$3.50	5/15/2002	($0.70)	-25%	($700)
						June-45	$2.00	$0.95	5/20/2002	$1.05	53%	$1,050
						June 47.5	$2.00	$1.20	5/28/2002	$0.80	40%	$800
						June-50	$2.60	$2.00	6/13/2002	$0.60	23%	$600
						July-50	$2.70
LOW	5/24/2002	.55 debit	Oct-45	$1.90		June-50	$1.35
(position #3)
LUV	Feb roll		20-Jul	$3.10		Feb 20	$2.90	$0.80	2/13/2002	$2.10	72%	$2,100
						"March 20	$1.15	$0.45	2/19/2002	$0.70	61%	$700
						March22.5	$2.35	$1.90	2/20/2002	$0.45	19%	$450
						April 22.5	$2.15	$3.25	4/19/2002	($1.10)	-51%	($1,100)
						May 22.5	$3.45
MACR	4/26/2002	1.70 debit	20-Nov	$3.10	$3.60	May 22.5	$1.40	$1.20	4/29/2002	$0.20	14%	$200
			Aug 17.5	$1.70		June 22.5	$1.80	$0.30	5/14/2002	$1.50	83%	$1,500
						June 25	$2.90
MBG	3/2/2002	.60 debit	30-Sep	$2.75		April 30	$0.95	$0.65	3/4/2002	$0.30	32%	$300
						April 32.5	$1.60	$1.05	4/11/2002	$0.55	34%	$550
						May 32.5	$1.55	$0.75	4/17/2002	$0.80	52%	$800
						May-35	$1.80	$0.75	4/23/2002	$1.05	58%	$1,050
						June-35	$1.10
MDT	12/17/2001	.10 credit	May-45	$2.20		January-50	$2.30	$1.10	12/27/2001	$1.20	52%	$1,200
						February-50	$1.50	$2.00	2/15/02	($0.50)	-33%	($500)
						March-50	$3.40	$3.70	3/14/2002	($0.30)	-9%	($300)
						April-50	$4.00	$3.30	4/10/2002	$0.70	18%	$700
						May-50	$3.70	$5.90	5/16/2002	($2.20)	-59%	($2,200)
						June-45	$2.00	$1.05	5/21/2002	$0.95	48%	$950
						July-45	$1.50
MU	2/8/2002	1.40 debit	July 32.5	$4.50	$7.70	March-35	$3.10	$2.50		$0.60	19%	$600
						March 37.5	$3.60	$2.80	2/13/2002	$0.80	22%	$800
						April 37.5	$4.00	$7.15	4/19/2002	($3.15)	-79%	($3,150)
						May 37.5	$7.40	$12.40	5/16/2002	($5.00)	-68%	($5,000)
			25-Oct	$4.20		June 30	$5.50
MASCO	1/21/2002	2.45 credit	25-Jul	$1.55		March 30	$4.00	$2.20	2/26/2002	$1.80	45%	$1,800
						April 30	$2.50	$1.80	4/11/2002	$0.70	28%	$700
						May 30	$2.00	$1.40	5/7/2002	$0.60	30%	$600
						June 30	$1.70
NEWP	12/31/2001	1.45 debit	May 17.5	$2.80		Jan 20	$1.40	$0.95	1/3/2002	$0.45	32%	$450
						Jan 22.5	$2.70	$1.80	1/3/2002	$0.90	33%	$900
						Jan 25	$2.90	$1.70		$1.20	41%	$1,200
						Feb 25	$2.50	$1.65		$0.85	34%	$850
						Feb 25	$1.90	$1.65		$0.25	13%	$250
	2/5/2002		Aug 22.50	$4.20	$6.50	March 25	$2.75	$2.15	2/13/2002	$0.60	22%	$600
						March 30	$5.60	$4.70	3/8/2002	$0.90	16%	$900
			20-Mar	$0.15		April 30	$5.40	$4.30	4/17/2002	$1.10	20%	$1,100
	4/1/2002		Aug 22.50	$3.00	$3.90	May 30	$4.80	$8.50	5/14/2002	($3.70)	-77%	($3,700)
						June 25	$4.30
NEWP	4/1/2002	1.60 debit	Aug  22.50	$3.00	$3.90	April    25	$1.40	$0.50	4/17/2002	$0.90	64%	$900
(position#2)			20-Jun	$1.80		May 25	$1.75	$3.40	5/14/2002	($1.65)	-94%	($1,650)
						June 25	$4.30
NKE	11/30/2001	.80 debit	Apr-50	$3.60		December-55	$2.80	$1.30	12/6/2001	$1.50	54%	$1,500
						January-55	$2.10	$0.90	12/26/2001	$1.20	57%	$1,200
	12/27/2001	.20 debit	Apr-55	$4.20		January-60	$4.00	$1.80	12/30/2001	$2.20	55%	$2,200
						February-60	$3.80	$1.80	1/30/2002	$2.00	53%	$2,000
						March-60	$2.80	$2.20	3/13/2002	$0.60	21%	$600
						April-65	$3.90	$8.00	4/19/2002	($4.10)	-105%	($4,100)
						May-60	$4.60	$4.90	5/16/2002	($0.30)	-7%	($300)
						June-60	$5.20	$6.90	6/18/2002	($1.70)	-33%	($1,700)
						July-55	$3.10
NOC	4-Jan-02	5.60 debit	May 100	$7.60		Jan 100	$2.00	$0.50		$1.50	75%	$1,500
						Jan 105	$7.00	$6.80		$0.20	3%	$200
						Feb  100	$4.00	$2.55	1/24/2002	$1.45	36%	$1,450
						March 100	$3.80	$2.40	1/28/2002	$1.40	37%	$1,400
						March 105	$4.40	$2.65	1/31/2002	$1.75	40%	$1,750
	15-Feb-02	4.25 debit	Aug 100	$7.00	$9.50	March 115	$2.75	$2.30	2/21/2002	$0.45	16%	$450
	22-Feb-02	Interim Hedge	March 110	$7.00	$1.85	March 110	$4.50	$2.10	3/14/2002	$2.40	53%	$2,400
			Aug 110	$10.10		April 115	$4.20	$1.40	4/10/2002	$2.80	67%	$2,800
						May 115	$3.20	$1.20	4/30/2002	$2.00	63%	$2,000
						May 120	$2.30	$1.55	5/9/2002	$0.75	33%	$750
						June 120	$4.20	$3.30	5/13/2002	$0.90	21%	$900
						June 125	$5.30	$4.30	5/31/