January 2000.

     PAINEWEBRER INC.
     HERITAGE PLAZA

Value on December31
Value en Januaty SI
 Cash in 01131 value

Page   lot

    $

S
$

lilt RAGRY STREET. SUITE 5100
HOUSTON, IX 77002-9960
PPCL200S4O-X6  *O1~ - ifS -

	  PaineWebber
.14       Investment Account
.14
	 Account Number HS 71827 ES

jour FInancial Advisor
 EMERY. R OCKY

  JEFFREY K SKILLING
  1912 NORTH BLVD
  HOUSTON

 Investment objectives t                *                                                 ~ ~ount       ~iri.  chbose*
 The following return objective and risk profile describe the overall goelsior this                  yo~J            one
 return a cliveand a primary and, ii applicable. saconds,y risk profile. A hill deLsc4,tlon of the alternatives is included cv, (tie
- revome side of page dne of this statement If you have any quesilona regarding these objectives or wish to change them, please
 contact you, Financial Advisor or she Branch A.4anaoot at your branch otlice.     p.......................
						*                                    ..            -
						.9-.........................................  'V
						-~ ._Secondary:_None_Selected

Return objective: Cu,r~nt income & capital appreciation
HIck. motile:              ,
		  Primary: Moderate

		    713 654-02001800-553-3119.


		    TX 77098-5418


 .5.

Bulletin Board
MAXIMIZE THE POWER OF COMPOUNDING
BY MAKING YOUR 199OAND 2000 IRA
CONTRIBUTIONS N6W. CALL YOUR
FINANCI AL ADVISOR FOR DETAILS.

		12/51
		01/al


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