Stud H/L 10+1 STT - Should I have played any of these hands?

[Duece Three]

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I'm kind of new to this game...I've read the 2 Super/System chapters on it, but haven't really played. Why is hand one a fold?

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I'm new to this game as well, and your question is why I posted this particular hand...

My thoughts were as follows:
1. It was a tournament where top 3 get paid
2. Two of my lows were out and both involved in the pot yet
3. The bring-in was short and if he came inm he was in for his last 500 (good for me if he loses, not so good if I don't win)
4. The A is probably going to lead 4th, and if he has an A will lead all the way. If I catch good on 4th, I'm stuck drawing to the end (??)