<table><tr><th>From:</th><th>Richard Kahn</th></tr><tr><td>Sent:
To:</td><td>Tuesday, June 20, 2017 5:52 PM
Jeffrey E.</td></tr><tr><td>Subject:</td><td>Fwd: To do</td></tr></table>

please advise if ok to proceed with XLF position and MU per =aul below thank you

Richard Kahn

HBRK Associates Inc.

Begin forwarded message:

From: =/b>Paul Barrett

Subject: =/b>Re: To do

Date: =/b>June 20, 2017 at 1:49:06 PM =DT

To: =/b>Richard Kahn <

Just XLF and MU for today. =MD up too much.

Sent from my =Phone

On Jun 20, 2017, at 1:10 PM, Richard Kahn <█████████████████████████> wrote:

did jee reply?

Richard Kahn
HBRK Associates Inc.
████████████████████████████████████████
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On Jun 20, 2017, at 8:23 AM, Paul Barrett <███████████████> wrote:

I think we should consider the =ollowing ideas:

$500K in XLF (financials) =argeting $1mm over the coming weeks. FICC expectations are low and =ates have come down so bar is pretty low right now.

$250K =n AMD and $250K in MU. Both of these are tech names that will benefit =rom greater cloud investment, loT and large market share gains.

Paul

Sent from my iPhone