Arthur J. Gajarsa

Computer Horizons Comp - common — None — Sell

Universal Health Realty Income Trust — Int/Div

Aura Systems Inc - common — None — Sell

E4L Inc — None — Sell

U.S. Treasury Ser M — None

U.S. Treasury SerK — None — Sell

Gold com collection — None — -

Bank of America — Interest

Rockywold Deephaven Camps — Int/Div

Strategia Corp - common — None — Sell

Special Situations Private Equity Fund, LP — None

Scientific Atlanta Inc - common — Int/Div — Sale

Ortek Therapeutics Inc - common — None

1COS Corp - common — None

Walt Disney Company - common — Int/Div

CMGI - common — None — Sell

Evision USA.Com - common — None — Sell

Sanchez Computer Assoc - cotrmon — None — Sell

Corel Corp - common — None — Sell

Cellpoint Inc - common — None — Sale

Cendent Corp - common — None

Coming Inc -common — None — Sale — J

Microsoft Corp - common — Int/Div

Motorola Inc - common — Int/Div

Nuveen Sector Portfolio Biotechnology - UIT — None

Seligman New Technologies - Mutual Fund — None

Legg Mason Cash Reserve - mmkt — Int/Div

Valeant Pharmaceuticals Inc - common — Int/Div

Koninklijke Pm Electronics - common — Int/Div — ips

LSI Logic Corp - common — None — Sale

Rite Aid Corp -common — None

Alliance Cap Reserves - mmkt — Int/Div

Alliance Muni Trust - monkt — None — Sell

Janus Invt FD Global Life Sciences - mutual fund — None

Global! Crossing Lad - commman — None — Sell

Global Crossing Ltd - Pfd Conv 6.375% — None — Sell

Auspex System Inc. - common — None — Sale

First Trust #415 - S Genomics & Proteomics Port - UIT — None

FleetBoston Finl Corp - common — Int/Div

Wachovia Corp 2nd New - cotronon — Int/Div

Special Situations Tech Fund, LP — None

Japan Smaller Capitalization Fund Inc. — None

Mass Mutual Partn Invs - common — Int/Div

AIM Select Real Estate Income Fund - mutual fund — Int/Div

AT&T Wireless Services Inc. - cormumon — None — Sell

Nortel Networks Corp. - common — None — Sale

Nuveen Investment Quality Mun Fund Inc — Int/Div — Buy

Nuveen Select Quality Mun Fund Inc. — Int/Div — Buy

Nuveen Insured Mun Opportunity Fund Inc. — Int/Div — Buy

Rumson-Fair Haven BK & Tr Co. — None — Buy

Maryland St Hith & Hgr Ed Bond — Int/Div — Buy

Evergreen Income Advantege Fund — Int/Div — Buy

John Hancock Preferred Inc. Fund — Int/Div — Buy

Nextel Communications Inc — None — Buy

Health Care REIT Inc. - ’ — None — Buy

Legg Mson Government Monet Market — Int/Div — Buy

Ameren Corp ~ common — Int/Div — Inherited

Consolidated Edison - common — Int/Div — Inhented

First Energy Corp - common — Int/Div — Inherited

Massmutual Corporate Investors - common — Int/Div — Inhented

Northeast Utilities - common — Int/Div — Inherited

Nstar — Int/Div — Inhented

Pepco Holdings - common — Int/Div — Inherited

SBC Communications Inc - common — Int/Div — Inherited

Verizon Communications - common — Int/Div — inherited

Vodafone Group - common — Int/Div — Inherited

Federa! Realty Investment Trust - Reit — Int/Div — Inherited

United Dominion Realty Trust - Reit — Int/Div — Inherited

Federal Home Loan Mortgage Corporation — Interest — Inhented

Board of Directors, Georgetown University -

Board of Trustees, Rensselaer Polytechnic Institute

Agreement — 1997 — Jéseph, McDermott & Reiner, P.C. - To receive all receivables and out of pocket expenses attributable to Gajarsa clients. Payment made on a monthly basis as DEFGLRED condensavoD.

Reimbursement — University of Texas School of Law — December 5-6, 2003, San Jose, CA, Speaker, (airfare, lodging, out of pocket costs)

Reimbursement — The Sedona Law Conference — November 7-9, 2003, Sedona, AZ, Speaker, (airfare, lodging, out of pocket costs)

Reimbursement — U.S. Patent and Trademark Office — October 21-23, 2003, Perugia, Italy, Speaker, (airfare, lodging, out of pocket costs)

Reimbursement — Harvard University — October 1-2, 2003, Boston, MA, Speaker, (airfare, lodging, out of pocket costs)

Reimbursement — The Mentor Group — September 16-17, 2003, Rome, Italy, Speaker, (airfare, lodging, out of pocket cos)

Reimbursement — Federal Circuit Bar Association — May 22-24, 2003, Amelia Island, FL, Speaker, (airfare, lodging, out of pocket costs)

Income — 1. — ARG, VL 0 JUN oO

In 2003, ICN Pharmaceuticals Inc changed its name to Valeant Pharmaceuticals Inc.

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