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To: Patsy Collins who wrote (69)	1/8/2002 1:19:09 PM
From: Wizard	Read Replies (1) \| Respond to of 167

He has been there over a year so I took my info and extrapolated it a bit. I meant $15mm since he began at Lehman, not in 2001. I know he is paid extremely well. I don't know the figures for sure but my info is that 8-figures is accurate. Lehman paid top dollar as he was very popular at Robertson, Stephens and the sales force at Robby was really pissed off when Lehman hired him away. It was considered a big loss for Robby and they would not have let him go except for an extremely high offer from Lehman. Remember, he came to Lehman a big bull and his reason for going there was that Lehman used to be a semiconductor i-banking power and that he could start to win some of the large deals back and get Lehman a ton of business... He changed his tune to bearish after the industry went into the downturn and prospects for banking deals dried up. Then he got really bearish as I guess he figured that as long as there were no banking deals, he might as well be extra bearish (and visible on CNBC, CNN etc) so that he could at least get I.I. votes and prove his worth to Lehman and his hedge fund clients. Whoops. This is not confidential knowledge. This is my 'mosaic'. If it is high single digit millions, so be it. However, it is a lot of money either way given his level of value-add.