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May 26, 2003 - May 30, 2003

ISE SENTIMENT INDEX (ISEE) FOR   05/19/2003 - 05/23/2003
 Date Index
5/23/2003 201
5/22/2003 143
5/21/2003 149
5/20/2003 153
5/19/2003 142

ECONOMIC EVENTS
Release Date Release Time Indicator Period
05-26-03 none
05-27-0310:00
10:00
10:00
Consumer Confidence Index
Existing Home Sales
New Home Sales
May
Apr.
Apr.
05-28-038:30
Durable Goods Orders
Apr.
05-29-038:30
8:30
8:30
Gross Domestic Product (Preliminary)
Chain Weigthed Deflator
Initial Jobless Claims
Q1
Q1
Latest week.
05-30-038:30
8:30
10:00
Personal Income
Personal Consumption
Chicago Purchasing Managers Index
Apr.
Apr.
May

EXPECTED EARNINGS ANNOUNCEMENTS
Date Symbol
5/27/2003AZO
5/27/2003MIR
5/27/2003SMTC
5/28/2003COST
5/28/2003PLMD
5/28/2003KKD
5/29/2003TTWO
5/29/2003JDEC
5/29/2003HI
5/29/2003Q
5/30/2003FCEL

MAJOR MARKET EVENTS
Date Event
5/26/2003 Markets Closed -- Memorial Day Holiday
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
6/10/2003 U.S. Bancorp Piper Jaffray Consumer Conference
6/11/2003 U.S. Bancorp Piper Jaffray Consumer Conference (con't)

MARKET BENCHMARKS
Benchmark Symbol Level 21-dma 50-dma 200-dma
Dow Jones Industrial Average INDU 8,601.38 8,557.99 8,385.31 8,331.15
S&P; 500 Index SPX 933.20 927.89 898.50 884.43
S&P; 500 Index Futures SP/3M 932.20 927.36 897.65 878.63
NASDAQ 100 Index NDX 1,130.50 1,130.17 1,090.15 1,010.87
S&P; 100 Index OEX 469.76 469.19 455.66 448.01

ISE MOST ACTIVE CALL SERIES FOR   05/19/2003 - 05/23/2003
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Microsoft Corporation 10 MSQ Jun, 2003 25 17,279
2   Microsoft Corporation 10 MSQ Jun, 2003 25 16,043
3   AOL Time Warner Inc. 7 AOL Jun, 2003 15 14,526
4   Altria Group Inc. 1 MO Jun, 2003 40 13,646
5   Hewlett-Packard Company 9 HHY Jun, 2003 17 12,626
6   Microsoft Corporation 10 MSQ Jul, 2003 25 10,317
7   AT&T; Wireless Services, Inc. 10 AWE Oct, 2003 5 10,315
8   Hewlett-Packard Company 9 HHY Jul, 2003 17 9,849
9   Hewlett-Packard Company 9 HHY Jun, 2003 17 9,247
10   Altria Group Inc. 1 MO Jun, 2003 35 8,120

ISE MOST ACTIVE PUT SERIES FOR   05/19/2003 - 05/23/2003
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Nasdaq-100 Shares 2 QAV Jun, 2003 25 17,983
2   J.P. Morgan Chase & Co. 5 JPM Jun, 2003 30 11,739
3   Nasdaq-100 Shares 2 QAV Jun, 2003 28 10,523
4   Altria Group Inc. 1 MO Jun, 2003 40 8,198
5   Dell Computer Corporation 1 DLQ Jun, 2003 30 7,848
6   Altria Group Inc. 1 MO Jun, 2003 35 6,648
7   McDonald's Corp. 2 MCD Jun, 2003 17 6,490
8   Boston Scientific Corp. 9 BSX Jun, 2003 45 5,261
9   Hewlett-Packard Company 9 HHY Jun, 2003 17 5,119
10   Altria Group Inc. 1 MO Jul, 2003 40 5,095
 


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