This is the content of an email: Karen Denne has asked me to go along to the meetings tomorrow, which I've agreed to do, but wanted to run it by you two first. Thoughts? Best,

Subject: Skilling's meeting with Silicon Valley

This is the content of an email: Jim, I really don't see a need for this meeting - you can count on us not dropping the ball. I have a good understanding of the retail product offering, in fact, we lead the outsourcing sales process for the large industrial customers in NA until EES bought back their minority shareholders. I have a very good relationship with Dan Leff and Sunde. I already have Dan's committment to help service the execution of the business initially. As it grows and the product proves itself out we can staff. Regards

Subject: Retail in South America

This is the content of an email: POSREP HOEGH GALLEON, DATE: May 2nd. 1200lt. A) Position at noon : N 36 13 W 003 15 B) Dist. from last noon : 96 n. miles (6 hrs. only) C) Dist. to go to next port: 4289 n. miles D) Eta next port : Port Said 6th. 1600lt. E) 1:Average sea/weather : Wind: W 5 Sea: W 4 2:Average speed : 16,00 knots / average RPM 70,6 3:B.O.G. consumed : Nil 4:F.O. consumed : 37 5:G.O. consumed : Nil Pls. note that different in remaining dist. from pos. report 30th. April and today's report be due to sailed distance after voyage interrupted and until voyage continued. (37,5 n. miles) Brgds Oe. Hansen Master E-mail: master.gall@hoegh.no Teleph: Inmarsat tel.no.+874 330853910 Fax : Inmarsat fax no.+874 330853913 Telex : Inmarsat B telex no.+584 330853915 Telex : Inmarsat C telex no.+584 430853910 (24hrs.watch)

Subject: Daily pos. report.

This is the content of an email: Deutsche Bank has gotten back to me and is vacillating on what they want to do with the Bankers Trust trades. In particular, they haven't thought through what they want to do with the online trades, don't like on online documentation, and now they think they may want to do a full novation of the trades once they decide how to resolve this. So, until we hear back from them (they said in about a week), just let the Bankers Trust financial trades and master sit.
Subject: Bankers Trust/Deutsche Bank