EFTA02577088

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 Deutsche Asset & Wealth Management 345 Park Avenue, 26th Floor New York, NY 10154 Tel. Fax + Mobi Email This communication may contain confidential and/=r privileged information. If you are not the intended recipient (or have received this communication<=r> in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of thear> material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. The information contained in =his communication is confidential, may be attorney-client privileged, may constitute inside i=formation, and is intended only for the use of the addressee. It is the=property of Jeffrey Epstein Unauthorized use, disclosure or copying=of this communication or any part thereof is strictly prohibited and may be unla=ful. If you have received this communication in error, please notify us=immediately by return e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachm=nts. copyright -all rights reserved 2 EFTA_R1_01749576 EFTA02577089