From: Jeffrey Epstein <[email protected]> Sent: Thursday, October 31, 2013 1:32 PM To: Tazia Smith Subject: Re: FB down despite solid earnings, ARIA down 50%, EURUSD down -1.365 (C] yes to fb calls but lets not get called away. . no=A0 On T=u, Oct 31, 2013 at 9:25 AM, Tazia Smith Classification: Co=fidential Good Morning Jeffrey - wrote: EURUSD sold off on the FOMC announcement (or rather absence thereof ?). Thoughts on a knock-in? Indicative levels from DB FX: a 6mo 1.3650 Vanilla Euro put costs — $30k per Euro 1mm. vs the 6mo 1.3650 Euro Put with a KI at 1.3900 costs - $13k per Euro 1mm. (indicative levels only, subject to market movement) ARIA - down 50% (-'$2.30 in pre) on reports that the co is discontinuing Iclusig marketing in the US FB —$46.66 (down 4.5%) posted solid Q3 EPS of $0.25 vs. $0.19 cons. Stock was volatile in the aftermarket, dropping - 15% after the CFO suggested ads-per-user growth was tapped out. Shares recovered to —$49 in the pre this morning as bulls point to pricing and continued successful mobile growth as the forward earnings drivers. DB's analyst remains positive but suggests FB mgmt removed the "dr=am scenario" that he thought would continue for a couple more years. (DB = Buy, $61tgt). Recall, you own 17.5k shares of FB. Dec calls? Speak with you soon, Tazia Source: Bloomberg, Streetaccount, DB Global Markets Research 10/31/13 https://ger.gm.ci=.intranet.db.com/ger/document/pdf/0900b8c08775b75e.pdf chttps://ger.gm.cib.intranet.db.com/ger/document/pdf/0900b8c0=775b75e.pdf> Tazia Smith Director Key Client Partners - US Deutsche Bank Securities Inc EFTA_R1_01749575 EFTA02577088