Robert D. Sparrow - Page 8

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               On October 1, 1987, Wilson-Davis sold 50,000 shares of NRG             
          on behalf of Mr. Sparrow for $6,490.  Mr. Sparrow received a                
          $6,490 check from Wilson-Davis dated October 8, 1987.                       
          Petitioners did not include this $6,490 in their 1987 gross                 
          income.                                                                     
               On October 7, 1987, Wilson-Davis sold 50,000 shares of NRG             
          on behalf of Mr. Sparrow for $5,990.  Mr. Sparrow received a                
          $5,990 check from Wilson-Davis dated October 19, 1987.                      
          Petitioners did not include this $5,990 in their 1987 gross                 
          income.                                                                     
               On November 16, 1987, Wilson-Davis sold 4,500 shares of NRG            
          on behalf of Mr. Sparrow for $181.  Mr. Sparrow received a $181             
          check from Wilson-Davis dated November 23, 1987.  Petitioners did           
          not include this $181 in their 1987 gross income.                           
               On December 16, 1987, Wilson-Davis sold 10,000 shares of               
          Noble Corp., Inc. (Noble), on behalf of Mr. Sparrow for $370.               
          On December 16, 1987, Wilson-Davis sold another 9,000 shares of             
          Noble on behalf of Mr. Sparrow for $350.  Mr. Sparrow received a            
          $720 check from Wilson-Davis dated December 24, 1987.                       
          Petitioners did not include this $720 in their 1987 gross income.           
               On December 23, 1987, Wilson-Davis sold 10,000 shares of               
          Noble on behalf of Mr. Sparrow for $790.  Petitioners did not               
          include this $790 in their 1987 gross income.                               
               On June 15, 1987, Mr. Sparrow entered into a written                   
          agreement with Greg Slazis (Mr. Slaziz) to “trade $230,346.00               




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