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Photo Gallery January 1, 2007

nd Annual Conference

Boston Security Traders Association

<p>Welcome &</p><p>Introduction of</p><p>Guest Speaker</p><p>David Cronin, Leerink</p><p>Swann, Boston.</p> <p>Market Trends,</p><p>What History Says</p><p>About the Future</p><p>Michael Santoli, Barron’s,</p><p>New York.</p> <p>Michael Santoli, Barron’s,</p><p>New York; David Cronin,</p><p>Leerink Swann, Boston.</p> <p>Scott Spottiswoode, Piper</p><p>Jaffrey; Larry Desmond, Fidelity</p><p>Capital Markets; Kevin Meier,</p><p>Meier Corp; Ryan Ballantyne,</p><p>Miller Tabak, all Boston; Adam</p><p>Gordon, JP Bartolomeo, both</p><p>Benchmark, New York; Matt</p><p>Enos, Fidelity Capital Markets,</p><p>Boston; Ira Matlow, Domestic</p><p>Securities, Edison.</p>
<p>Kevin Brady, George Nikitiadis, Tim Estella, all Lehman Brothers, New York.</p> <p>Kirk Smith, Fidelity Capital Markets; Steve Miele, Level ATS; Edward Doyle,</p><p>Pioneer Investments, all Boston.</p> <p>Michael Drew, Susquehanna; Tom Kane, NYFIX; Bill Hebert, Fidelity Capital</p><p>Markets, all Boston.</p> <p>Allison Merna, Hudson Securities, Jersey City; Rupert Fennelly, Credit Suisse,</p><p>New York; Yvonne Ricardo, Wey Technologies, New York.</p>
<p>Lisa Drillio, Whit Conary, Chiara Sarata; all Level ATS, Boston.</p> <p>Ken Bernier, Fidelity Capital Markets, Boston; Tony Lopez, Pershing,</p><p>Jersey City; Larry Desmond, Fidelity Capital Markets, Boston.</p><p>Kathy Giuggo, Cantor Fitzgerald; Betsy Coyne, Pipeline Trading;</p><p>Jayne Weliska, First Albany, all Boston.</p><p>Andrew Frank, NYSE Matchpoint, New York; Brian Smith, Grantham Mayo</p><p>Otterloo, Boston; Paul Schmidt, Miletus, New York.</p><p>Lisa Drillio, Whit Conary, Chiara Sarata; all Level ATS, Boston.</p><p>Neal</p> <p>Neal Sullivan, John Curley, both RBC Capital Markets, Boston;</p><p>Dean Stamos, InfoExchange, New York.</p> <p>Kathy Giuggo, Cantor Fitzgerald; Betsy Coyne, Pipeline Trading;</p><p>Jayne Weliska, First Albany, all Boston.</p>
<p>Justin Brady, BTIG; Fred Mason, Babson Capital; Ben Marsh, BTIG, all Boston.</p> <p>Andrew Frank, NYSE Matchpoint, New York; Brian Smith, Grantham Mayo</p><p>Otterloo, Boston; Paul Schmidt, Miletus, New York.</p> <p>Stu Sanderson, Townsend Analytics, Boston; Fred Mason, Babson Capital</p><p>Management, Boston; Scot Chevalier, Townsend Analytics, New York.</p> <p>Christian O’Brien, Raymond James, New York; Dylan Ade, JMP Securities;</p><p>Dan Hern, Prudential Securities, both Boston.</p>
<p>Will Cains, Wachovia; Chuck Jenkins, Evergreen Investments, both Boston;</p><p>Pat Healy, Trinity Trading, New York.</p> <p>Dan Koutris, Citi, Chicago; Pete Aloisi, Banc of America; New York;</p><p>Lisa Morano, CBOE/CBSX, Chicago.</p> <p>Joseph McDonald, CL King; Margaret Burke, Tom Duddy, both</p><p>Wedbush Morgan, all Boston.</p> <p>Jason Walker, Banc of America; Jim Giovinazzo, Futuretrade; Steve Blatney,</p><p>Thomas Weisel, all New York.</p>
<p>Tom Wilkinson, Stanford Group; Larry Peruzzi,</p><p>The Boston Company, Inc., both Boston.</p> <p>Bryan Harkins, Direct Edge ECN, Jersey City;</p><p>Ellen Liao, Nasdaq, New York.</p> <p>Kevin Carroll, Pulse Trading, Boston;</p><p>John O’Connell, Pivot Solutions, Boston.</p> <p>Dean Cicone, Fidelity Capital Markets, Boston;</p><p>Tony Lopez, Pershing, Jersey City.</p>
<p>Pete Mulieri, ITG; Bill Hebert, Fidelity Capital</p><p>Markets, both Boston.</p> <p>Randy Williams Jr., BATS, Kansas City; Deb Kase, TradeTrek, Newark;</p><p>Mary McDermott-Holland, Franklin Portfolio Associates, Boston.</p> <p>Raul Perez, Bernard L. Madoff Securities,</p><p>New York; Tim Padala, Hill Thompson, Jersey City.</p> <p>Bridget Cuff, Knight Capital Group, Boston;</p><p>Beth Gottleib, Donaldson, Atlanta.</p>
<p>Steve Gonsiorawski, Instinet, Boston;</p><p>John Tobin, Citi, New York.</p> <p>Dan Hern, Prudential Securities, Cathy Curley,</p><p>Schoenfeld IBS, both Boston.</p> <p>Lisa Utasi, ClearBridge Advisors, Michael Hayes,</p><p>Pipeline Trading, both New York.</p> <p>Marilyn Pianelli, LaBranche, New York;</p><p>Ryan Martin, Eastern Bank, Boston.</p>
<p>John Despotopulos, Lee Munder; Nathan Ray,</p><p>Jefferies, both Boston.</p> <p>Shawn Weadock, Joe Crisalli, both LaBranche,</p><p>New York.</p> <p>Jill Corwin, State Street Global Advisors;</p><p>Tom Kane, NYFIX, both Boston.</p> <p>Onnie Mayshak, Susquehanna; James Kasuyi,</p><p>Wachovia, both Boston.</p>
<p>Pam Kustas, Caris Company; Steve Puleo, Canaccord Adams; Jayne Weliska,</p><p>First Albany, all Boston.</p> <p>Charlie Whitlock, Merrill Lynch, Boston;</p><p>Doug Hurry, Nasdaq, New York.</p> <p>Michael Ortiz, Heathrow, Jay Teeden, Boston,</p><p>both JonesTrading;</p> <p>Philip Geha, Heathrow, JonesTrading;</p><p>Kelly Flemming, Canaccord Adams, Boston.</p>
<p>Andrew Frank, NYSE Matchpoint; Jennifer Stevens, Tamale Software;</p><p>Bill Schwanewede, NYSE Group, all New York.</p> <p>Kevin Grady, ITG; Jason Canzano, Seascape, both Boston;</p><p>Dave Paolo, ITG, New York.</p> <p>Dave Hall, Knight Capital Group; Dylan Ade, JMP Securities;</p><p>Eric Engdahl, Moors and Cabot, all Boston.</p> <p>Bob Holland, guest; Steve Sorice, Dan Bartucci, both Block Alert, New York;</p><p>Ed Craven, ITG, Boston.</p>
<p>Thomas Quinn, Franklin Portfolio Associates, Boston; Charlie McBride,</p><p>JonesTrading, Heathrow; Lisa Utasi, ClearBridge Advisors, New York;</p><p>Mike Ortiz, JonesTrading, Heathrow.</p> <p>Dana Cohen, Leslie Horn, Rutabaga Capital; Kim Swift, ITG;</p><p>David Williams, BB&T, all Boston.</p> <p>Dave Reuter, Chris Corwin, Kevin Murphy, all Abel Noser, New York;</p><p>Kieran Wrynn, Colonial, New York.</p> <p>Kevin Shea, Marybeth Forbes, both Batterymarch Financial Management,</p><p>Boston; Michael Clifton Magna Securities, New York.</p>
<p>Tim Padala, Hill Thompson, Jersey City; Matt Enos, Fidelity Capital Markets;</p><p>Matt Devlin, Jennifer Enos, both LaBranche, all Boston.</p> <p>Adam Gazzola, Delta Partners; Boston; Michael Costigan, Paul Imbimbo,</p><p>both JonesTrading, Portsmouth.</p> <p>Richard Gill, Oppenheimer & Co., Boston; Tim O’Connor, Sandler O’Neill,</p><p>New York; Peter Schultz, CL King, Boston.</p> <p>Jason Walker, New York; Ross Nowak, Boston, both Banc of America;</p><p>Christian O’Brien, Raymond James, New York.</p>
<p>Christopher Pillsbury, Banc of America; Marc Beran, Pulse Trading;</p><p>Scott Delano, Banc of America, all Boston.</p>
<p>Front Row: (left to right): Larry Peruzzi, Treasurer, The</p><p>Boston Company, Inc.; Karen C. Mullen, Pulse Trading;</p><p>Pamela W. Woodruff, Second Vice President, Stephens,</p><p>Inc.; Frederic E. Mason, Governor, Past President, Babson</p><p>Capital Management; Stephen E. Puleo, Governor, Past</p><p>President, Canaccord Adams; Back Row (left to right)</p><p>David J. Cronin, President, Leerink Swann & Co.; Timothy</p><p>Love, Governor, White Cap Trading LLC; Walter Radulski,</p><p>Governor, Collins Stewart, Inc.; John R Myles, First Vice</p><p>President, Pioneer Investments, all Boston.</p><p>Not Pictured: Timothy J. Casey, Recording Secretary, Soleil</p><p>Securities; Chris Dorin, Governor, Batterymarch Financial</p><p>Management; Nat Evarts, Governor, State Street Global</p><p>Advisors; James R. Jasinski, Chairperson of Membership,</p><p>Avondale Partners, LLC; Don Cottage, Governor, Pipeline</p><p>Trading; Carol McKean, BSTA Administrator, all Boston.</p>

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