May 05, 2003 - May 09, 2003

ISE SENTIMENT INDEX (ISEE) FOR   04/28/2003 - 05/02/2003
 Date Index
5/2/2003 138
5/1/2003 114
4/30/2003 103
4/29/2003 114
4/28/2003 106

ECONOMIC EVENTS
Release Date Release Time Indicator Period
05-05-0310:00
Institute for Supply Management Services Index
Apr.
05-06-032:15
FOMC Meeting Announcement
Apr.
05-07-0310:00
3:00
Wholesale Inventories
Consumer Credit
Mar.
Mar.
05-08-038:30
2:00
Initial Claims for Unemployment
FOMC Meeting Minutes
Latest week.
Mar.
05-09-03 none

EXPECTED EARNINGS ANNOUNCEMENTS
Date Symbol
5/5/2003OHP
5/5/2003EOG
5/5/2003ICN
5/5/2003INCY
5/5/2003COX
5/5/2003WFT
5/6/2003DISH
5/6/2003ADVP
5/6/2003PRU
5/6/2003AETH
5/6/2003WPI
5/6/2003EMR
5/6/2003KG
5/6/2003CSCO
5/6/2003CVS
5/6/2003ERTS
5/6/2003G
5/7/2003CEPH
5/7/2003CPWR
5/7/2003EDS
5/7/2003OSIP
5/7/2003NEM
5/8/2003IPG
5/8/2003NVDA
5/8/2003IMGN
5/8/2003IMMU
5/8/2003CLX
5/8/2003DVN
5/8/2003RMK
5/8/2003UVN
5/8/2003ENZN
5/8/2003CMS
5/8/2003MYL
5/8/2003CMCSA
5/9/2003FRE
5/9/2003HI
5/9/2003OEI

MAJOR MARKET EVENTS
Date Event
5/5/2003 Gulf South Bank Conference
5/6/2003 Gulf South Bank Conference
5/6/2003 Federal Open Market Committee (FOMC) Meeting
5/15/2003 Last day for trading European style index options with May expiration.
5/16/2003 Last day for trading American style Index and equity options with May expiration.

MARKET BENCHMARKS
Benchmark Symbol Level 21-dma 50-dma 200-dma
Dow Jones Industrial Average INDU 8,582.68 8,364.62 8,138.32 8,307.96
S&P; 500 Index SPX 930.10 895.12 866.83 879.05
S&P; 500 Index Futures SP/M3 927.40 894.28 866.11 872.70
NASDAQ 100 Index NDX 1,136.51 1,076.47 1,045.70 995.26
S&P; 100 Index OEX 471.88 454.80 440.12 445.02

ISE MOST ACTIVE CALL SERIES FOR   04/28/2003 - 05/02/2003
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Tyco International Ltd. 8 TYC May, 2003 15 11,366
2   Cisco Systems Inc. 9 CYQ May, 2003 15 10,779
3   Nasdaq-100 Shares 2 QAV May, 2003 28 9,697
4   Sun Microsystems Inc. 2 SUQ Jul, 2003 5 9,528
5   Cisco Systems Inc. 9 CYQ May, 2003 15 6,569
6   Nasdaq-100 Shares 2 QAV May, 2003 27 6,504
7   Oracle Corporation 5 ORQ May, 2003 12 6,230
8   Cisco Systems Inc. 9 CYQ May, 2003 15 6,001
9   Peoplesoft, Inc. 3 PQO May, 2003 17 5,997
10   Nasdaq-100 Shares 2 QAV May, 2003 27 5,881

ISE MOST ACTIVE PUT SERIES FOR   04/28/2003 - 05/02/2003
 Rank   Issuer   Bin   Option Symbol   Expiration   Strike   Volume 
1   Nasdaq-100 Shares 2 QAV May, 2003 28 18,664
2   Nasdaq-100 Shares 2 QAV Jun, 2003 28 8,453
3   Nasdaq-100 Shares 2 QAV May, 2003 27 8,104
4   Schering-Plough Corporation 10 SGP May, 2003 17 6,835
5   Nasdaq-100 Shares 2 QAV May, 2003 28 6,667
6   The Walt Disney Company 5 LWD Jan, 2004 25 6,500
7   Intel Corporation 6 NQ Jun, 2003 17 6,413
8   AstraZeneca PLC 5 AZN May, 2003 40 5,771
9   Cisco Systems Inc. 9 CYQ Jun, 2003 15 5,560
10   Nasdaq-100 Shares 2 QAV May, 2003 26 5,285


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