Jeffrey Steven White

Sweden Kindgom Bond

International Lease Finance Corp — Buy

Lehman Brothers Holdings — Buy

ISHARES DJ US Telecommunications 13. ISHARES DJ US Utilities Sector 14. Consumer Discrectionary Sector SPDR 15. Consumer Staples Select Sector SPDR Trust 16. Financial Select Sector SPDR 17. 18. Health Care Select Sector SPDR — Int/Div — Buy . Buy Buy Buy Partial Sale Buy

Industrial Select Sector SPDR — Int/Div — Buy

Technology Select Sector SPDR — Int/Div — Buy

San Bernardino CA Bond TRNS S/S — Interest — Sell

Foothill/Eastern Bonds TCA Tolls Road — Interest — Sell

Lake Elsinore CA Unified District — Interest — Sell

Rancho, CA Water District FNG REV — Interest — Sell

Muniholdings Cal Insured Fund — Int/Div — Sell

Muniyield Cal Fed Insured — Int/Div — Sell

American Century Califomnia — Int/Div — Sell

Federated US Govt Sec FD — Int/Div — Sell

Metropolitan Water District Southern — Interest — Sell

Montebello Calif. Bond — Interest — Sell

Sierra Madre California — Interest — Sell

Schwab CA Muni Money Fund — Interest — Sell

Dodge and Cox Balanced Fund — None — Sell

Federated Government — Int/Div — Sell

PIMCO Total Return — Int/Div — Sell

Vanguard High Yield Corp — Int/Div — Sell

Jensen Portfolio — None — Sell

Bank One Corp 6.875% — Interest — Sell

Cit group 7.625% — Interest — Sell

Citicorp 7.20% — Interest — Sell

Schwab CA Long Tern TF — Interest — Sell

Lehman Bros Inc 7.375% — Interest — Sell

American Century Equity — None — Sell

Hennessy Comerstone — None — Sell

Vanguard Short-Term Federal — Int/Div — Sell

California St 6.4% — Interest — Sell

California St 6.5% — Interest — Sell

Oppenheimer US Govt Trust Class B — Int/Div — Sell

Smith Bamey Capital Preservation Fund — Int/Div

National City Corp Cleveland — Interest

Oppenheimer Limited Term Govt Class B — Int/Div — Buy — Note 1

Federated Fund for US Govt Sec — Int/Div

Tiers Principal Protected (DJQ) — None

Tiers Principal Protected (NAS) — None

Orrick Investments 2000 LLC — Interest

Pollock Montgomery Washington Tower Investors II Partnership — Rent

Intercarp Limited Partnership — Rent

Gartmore Govement Bond Fund (X) — None

Salomon Brothers Investor Fund (X) — None

Smith Bamey Value Fund Class B

Smith Bamey Capital Preservation Fund B

Charles Schwab - 401K Plan — Int

Gold Bank CD

Money Market Fund

La Salle Bank CD

Bank Of America Corp Bond — Buy — Note 1

Chase Manhattan Corp Bond — Buy — Note

Federated Income Instl Shares — Sell

Vanguard High Yield — Sell

Ford Motor Credit Note

Vanguard Short Term Federal — Sell

General Motors Corp Bond

General Motors Acceptance Bond — Buy — Note 1

General Motors Acceptance Bond — Buy

Coca-Cola Enterprises — Buy

Coca-Cola Enterprises — Buy

Oakmark Equity Income Fund — Sell

Merrill Lynch Corp Bonds

Countrywide Home Loan — Buy

JP Morgan Corp Bond — Buy

US Inflation Index — Sell

Household Finance Hsbc Corp — Buy

NationsBank Corp Bond

Morgan Stanley — Buy

Morgan Stanley — Buy

Federal High Income Bond Fund — Sell

ABN AMRO Cap Preferred — Sell

Target Corp — Buy

Cohen & Steers Adv Income — Sell

Nova Chemicals Preferred — sell

Royce Low Price Sotck Fund — Sell

RS Partners Fund — Sell

William Blair Intl Growth Fund- CIN — Sell

Chase Captial V Trust Orig Preferred — n

Conseco Fin VI Trust Orig — Sell

Intl Paper Cap Preferred — n

Phoenix Quarterly Bond

General Electric Corp Bond

Income — 2004 — Boalt Hall - UC Berkeley - teaching — JUESy TIVL 9 JURRE SS, 11200

1) Additional purchases of these stocks and bonds were purchased during the reporting period, increasing the investment amounts.