From: Jeffrey Epstein <[email protected]> To: "Barrett, Paul S" Subject: Re: Ideas Date: Mon, 10 Jan 2011 19:27:50 +0000 for the next week 340 775 2525 On Mon, Jan 10, 2011 at 2:25 PM, Barrett, Paul S Hi Jeffrey Tried calling. wrote: The AMR Converts we bought at 113.00 in December are at 121.50. I think we should take profits. Also we now have the Market Plus note linked to Telefonica. 18M Market Plus TEF SM Quanto USD Uncapped upside 25% Contingent buffer — monitored daily COB Coupon? 4 25.50% You get the greater of 25.5% or the upside so long as the stock is not down 25%. If the stock is down 25% on any day, we lose the coupon and get long the stock at today's level. I think we should do $2MM. Also we have close to $15MM in cash. I think we should put some of this to work: SIMM in the Santander Pfds 10.50% Coupon; ytm 9.70%, QDI $1MM in the Bank of America Pfds 8.125% Coupon; ytc 7.55%; QDI Let me know EFTA00902301