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Pastimes Tomorrow's Short List

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To: Jon Khymn who wrote (23)	4/14/2001 11:03:07 PM
From: Paul Kern	of 26

We'll need to wait a quarter and see what the earnings from the royalties are. In the meantime, the trailing PE is a stratospheric 145. On the other hand if the product is as good as they say, there is a gigantic market for sweeteners. Paul PS: I could change my mind on Monday. Sell the small position, short the stock, and buy it again at a later date.

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To: Jon Khymn who wrote (20)	4/16/2001 5:15:05 PM
From: Jon Khymn	of 26

------------4/10 4/11 4/12 4/16 D 67.3 68.4 68.1 67.5 67 G AA 37.5 39.3 39.0 39.0 39 L UTX 74.9 74.6 72.9 75.4 75.3 L JNJ 91.2 92.0 90.8 90.9 92.6 L MO 47.0 47.6 45.7 45.9 46.6 G <Closed> ************ C 46.3 47.3 47 CEFT 44.3 45.7 44.6 NBR 52.9 53.7 54.8

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To: Jon Khymn who wrote (25)	4/17/2001 11:32:18 PM
From: Jon Khymn	of 26

------------4/10 4/11 4/12 4/16 4/17 C 46.3 47.3 47 47.9 L CEFT 44.3 45.7 44.6 44.4 L NBR 52.9 53.7 54.8 55.7 L <CLOSED>

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