From: Tazia Smith
Sent: 5/8/2014 2:23:S0 PM
To: jeevacation@ mail.com
CC: Nay Gupta ; Paul Moa; Vahe Stepanian
Vinit Sahn
Subject: Re: Biotech Update...(C)
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classification: confidential
Jeffrey -
updating you on your biotech basket because most of the names are struggling
to rebound from the recent rotational sell-off, exception is GILD which has
good valuation support, showed a strong earnings beat, and is back up to —
$79.36 (your avg cost is 579.41). FMI reported earnings after the close
yesterday, which were inline but guidance was on the low end. Stock has sold
off 15% (down to -424 currently from from a high of $30 yesterday). Please
find your updated P/L below. Included SGMO chart - that company reported a
moderately better quarter on Tuesday evening, hence the 3% uptick and several
positive reports from the competitors across the Street.
(Embedded image moved to file: pic03979.gif)Source: Bloomberg and Pershing LLC
as of 5/8/14
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From: Tazia smith/db/dbcom
To: jeevacation@gmail.com,
cc: Nay Gupta/db/dbcom@DBEmEA, Paul Morris, , vahe
Stepanian/db/dbcomMOBAMERICAS, Vi nit
sahni/db/dbcomMOBEmEA
Date: 04/22/2014 04:16 PM
subject: Re: Biotech update... Gilead beat, shares halted (c)
classification: confidential
Jeffrey - sure you see this, just making sure, Gilead shares are halted in
the after-market following a significant top and bottom-line earnings beat
($1.48 vs $0.92 cons eps, S5bn on the topline vs. expecations of $3.96bn) as
you know, you're long 8100 shares at an average price of $79.41, stock closed
today at S72.86, just reported.
Shares expected to re-open at 4:30pm
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From: Tazia Smith/db/dbcom
To: jeevacation@qmail.com,
CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 123776
CONFIDENTIAL SDNY_GM_00269960
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