May 19, 2003 - May 23, 2003

ISE SENTIMENT INDEX (ISEE) FOR   05/12/2003 - 05/16/2003
 Date Index
5/16/2003 123
5/15/2003 118
5/14/2003 174
5/13/2003 149
5/12/2003 131

ECONOMIC EVENTS
Release Date Release Time Indicator Period
05-19-0310:00
Index of Leading Economic Indicators
Apr.
05-20-032:00
Treasury Budget Statement
Apr.
05-21-03 none
05-22-038:30
Initial claims for unemployment
Latest week.
05-23-03 none

EXPECTED EARNINGS ANNOUNCEMENTS
Date Symbol
5/19/2003A
5/19/2003LTD
5/19/2003CPB
5/19/2003TOY
5/19/2003LOW
5/19/2003MDT
5/20/2003CMOS
5/20/2003HD
5/20/2003SPLS
5/20/2003HPQ
5/20/2003BJ
5/21/2003SNPS
5/21/2003SMTC
5/21/2003ADCT
5/22/2003CIEN
5/22/2003GPS
5/22/2003HI
5/22/2003MRVL
5/22/2003WSM
5/23/2003OEI

MAJOR MARKET EVENTS
Date Event
6/3/2003 NAREIT Institutional Investor Forum
6/3/2003 Sanford C Bernstein 19th Ann Strategic Decisions Conference
6/4/2003 Sanford C Bernstein 19th Ann Strategic Decisions Conference (con't)
6/5/2003 Sanford C Bernstein 19th Ann Strategic Decisions Conference (con't)
6/5/2003 White Mountain Capital Biotech Conference

MARKET BENCHMARKS
Benchmark Symbol Level 21-dma 50-dma 200-dma
Dow Jones Industrial Average INDU 8,678.97 8,529.94 8,295.53 8,325.64
S&P; 500 Index SPX 944.30 923.05 887.39 882.88
S&P; 500 Index Futures SP/M3 944.30 922.32 886.63 876.65
NASDAQ 100 Index NDX 1,154.48 1,124.82 1,076.33 1,005.28
S&P; 100 Index OEX 475.72 467.70 450.37 447.20

ISE MOST ACTIVE CALL SERIES FOR   05/12/2003 - 05/16/2003
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Check Point Software Technologies Ltd. 3 KEQ Jul, 2003 20 12,631
2   Dell Computer Corporation 1 DLQ May, 2003 32 11,423
3   Applied Materials Inc. 9 ANQ May, 2003 15 9,844
4   Microsoft Corporation 10 MSQ Jun, 2003 27 9,797
5   Sepracor Inc. 5 ERQ Jun, 2003 22 9,260
6   Nasdaq-100 Shares 2 QAV May, 2003 28 9,094
7   Nasdaq-100 Shares 2 QAV Jun, 2003 29 8,266
8   Microsoft Corporation 10 MSQ Jun, 2003 27 7,536
9   Microchip Technology Inc. 4 QMT Jun, 2003 20 7,518
10   Nasdaq-100 Shares 2 QAV May, 2003 28 7,268

ISE MOST ACTIVE PUT SERIES FOR   05/12/2003 - 05/16/2003
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Nasdaq-100 Shares 2 QAV Jun, 2003 29 18,567
2   J.P. Morgan Chase & Co. 5 JPM Jun, 2003 30 11,350
3   Nasdaq-100 Shares 2 QAV Jun, 2003 28 9,428
4   Nasdaq-100 Shares 2 QAV Jun, 2003 29 9,104
5   Nasdaq-100 Shares 2 QAV May, 2003 29 8,198
6   Nasdaq-100 Shares 2 QAV Jun, 2003 28 7,948
7   Dell Computer Corporation 1 DLQ Jun, 2003 30 7,158
8   Nasdaq-100 Shares 2 QAV May, 2003 28 6,585
9   Nasdaq-100 Shares 2 QAV Jul, 2003 28 6,143
10   Dell Computer Corporation 1 DLQ May, 2003 32 6,089


Copyright 2005. International Securities Exchange, Inc. and Fullman Technologies Inc. All rights reserved. The ISE globe logo is a registered trademark of International Securities Exchange, Inc.

The information provided herein is protected by copyright and intellectual property laws. It may be displayed and printed for your personal, non-commercial use only. You may not reproduce, retransmit, distribute, disseminate, sell, publish, broadcast or circulate the information to anyone, without our express written consent. The information provided herein is made accessible by us, but written or created by a number of professional investment researchers and other services and is subject to change without notice. The information provided herein comes from sources that we believe are reliable, but we do not make any guaranty or warranty regarding the accuracy of the information. The information provided herein has not been written, reviewed, edited or in any way endorsed by us. No statement in the information provided herein is to be construed as a recommendation to purchase or sell a security, or to provide investment advice. Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options. This document may be obtained from the International Securities Exchange or The Options Clearing Corporation. Seek independent advice from your professional investment adviser before relying on any information provided herein.