| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| IBM STOCK (1,652.078 SHARES) | 178,299 | 207,964 |
| VERIZON (2,706.944 SHARES) | 130,648 | 159,033 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| MARGIN LOAN PAYABLE TO AMERITRADE | 21 | 22 |
| Name | Address |
|---|---|
| STANLEY D GINSBURG |
50 BELMONT AVENUE SUITE 1016 BALA CYNWYD,PA19004 |