EFTA Document EFTA01468073

Subject: Re: Sell IPO? [C] From: Tazia Smith a> Date: Sat, 29 Mar 2014 17:35:59 -0400 To: Richard Kahn Cc: Vahe Stepanian Paul Morris Classification: Confidential Not a worry, Rich. Hope you had a wonderful time with family and look forward to catching up Mon! Truly, Tazia Tazia Smith Director Key Client Partners - US Deutsche Bank Securities, Inc. Deutsche Asset & Wealth Management 345 Park Avenue - 26th Floor New York, NY 10154 Tel: Mobile: Fax: E-mail: From: Richard Kahn [- Sent: 03/29/2014 02:56 PM AST To: Tazia Smith Cc: Vahe Stepanian; Paul Morris Subject: Re: Sell IPO? [C] hope your trip overseas went well thanks for all the emails and calls and sorry i did not respond as i was out all week with family in coloradolets catch up monday am enjoy your weekend thank you Richard Kahn EFTA01468073 HBRK Associates Inc. 575 Lexington Avenue, 4th Floor, New York, New York 10022te1 fax cell On Mar 28, 2014, at 2:46 PM, Tazia Smith < > wrote: Classification: Confidential Jeffrey - Sell the CBSO? You're up —$1.7k (-29.7 vs 28 price, lk shs) Biotech extending losses, group down another —2% today. Though your ARIA up on takeout chatter. Near-term trend still lower - Sell BIIB, GILD, SGMO and FMI (up -$825k), or OK holding here? Definitely watching for an entry point when the group gets over-extended to downside. Crude your trade working with CLM4 — 100.96. Know this exactly reflects your expectations. Your intention was to take the trade ahead of expiry -- up $205.9k.* Touch base Mon on incremental upside..your view is further to run? *source: 3/28 db valuation statement. Represents mid-level Tazia Smith Director Key Client Partners - US Deutsche Bank Securities, Inc. Deutsche Asset & Wealth Management 345 Park Avenue - 26th Floor New York, NY 10154 Tel: Mobile: Fax: E-mail: This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this EFTA01468074 communication. Any unauthorized copying, disclosure or distribution of the 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. EFTA01468075