From: Barrett, Paul S < Sent: Friday, May 18, 2012 1:49 PM To: Epstein, Jeffrey (eevacation@gmail.corn) Cc: Giuffrida, David Subject: Buying Apple =effrey Given the big selloff in Apple we should look at this ac=umulator as a way of building a position. This structure allows us to bu= Apple at $453.00. Can walk you through the details. =o:p> 252 day =ccumulator on AAPL $3-5mm <mailto =OD =OD This email is confidential and subject to impo=tant disclaimers and conditions including on offers for the purchase or sa=e of securities, accuracy and completeness of information, viruses, confid=ntiality, legal privilege, and legal entity disclaimers, available at http=//www.jpmorgan.com/pages/disclosures/email. EFTA_R1_01713190 EFTA02555247