To: Barrett, Paul S From: Jeffrey Epstein Sent Thur 5/10/2012 2:34:04 PM Subject Re: we didn't do csco did we?? On Thu, May 10, 2012 at 10:32AM,Barrett,PaulS >wrote: I know — you have to do a portfolio approach for these. On $50K premiums spent: PCLN we unwound for 420K profit; CSCO lost $40K. We have done 8 so far this earnings season and 6 have been winners. Losers have been bigger than the winners but overall positive on the strategy. Paul Barrett, CFA Managing Director Global Investment Opportunities Group JPMorgan Private Bank 320 Park Avenue, 14th Floor, New York, NY 10022 212-622-2770 (W) 212-310-0108 (F) NMLS ID# 853441 paul.s.barrettOipmorgan.com From: Jeffrey Epstein [mailto: i-cvatationagmail.com] Sent: Thursday, May 10, 2012 10:05 AM To: Barrett, Paul Subject: looks like the cisco trade was a born loser EFTA_R1_00299989 EFTA01884898