EFTA01001482.txt

"From: Jeffrey E. <[email protected]> To: Joshua Cooper Ramo ... i woudl just say given its 18 i think 25 % of that is fair at 4.5."

"On Sun, Nov 23, 2014 at 2:18 PM, Joshua Cooper Ramo wrote: Thanks. Extremely helpful chat. Question: Looks like the net number may go up by about 2.5 "

"The information contained in this communication is confidential ... It is the property of JEE"

"i woudl just say given its 18 i think 25 % of that is fair at 4.5. ... seems to me 4.5 is fair at the 18 number, and about 5.25 at the 20 number?"