SEC NEWS DIGEST


Issue   2002-206                                                October 24, 2002



COMMISSION ANNOUNCEMENTS


COMMISSION MEETINGS

OPEN MEETING - FRIDAY, OCTOBER 25, 2002 - 2:30 P.M.

     The  Commission will hold an open meeting on Friday, Oct.  25,  at  2:30
     p.m.,   in   Room  1C30,  the  William  O.  Douglas  Room,  to  consider
     appointments to the Public Company Accounting Oversight Board.
          
     At  times, changes in Commission priorities require alterations  in  the
     scheduling  of meeting items.  For further information and to  ascertain
     what,  if  any,  matters have been added, deleted or  postponed,  please
     contact:  The Office of the Secretary at (202) 942-7070.


ENFORCEMENT PROCEEDINGS


COMMISSION  DISMISSES  APPLICATION  OF WARREN  MINTON  TO  REVIEW  1999  NASD
DISCIPLINARY ACTION

     The  Commission dismissed Warren B. Minton, Jr.'s application for review
     of  NASD  disciplinary  action.  In 1999,  the  NASD  defaulted  Minton,
     finding  that  Minton  had  failed  to  respond  to  NASD  requests  for
     information.   It  barred  Minton  from  association  with  any  member,
     censured him, and imposed a $25,000 fine.  In 2001, he moved the NASD to
     set aside the default, but the NASD denied his motion.
     
     Before the Commission, Minton argued that he did not receive any of  the
     NASD's requests for information or the NASD's complaint.  The Commission
     found  that  Minton  had  been the subject of  customer  complaints  for
     unauthorized  trading.   He left his member  firm  and,  over  the  next
     several  months, moved numerous times.  He did not report his change  of
     address  to the Central Registration Depository (CRD) as he was required
     to  do.  He also did not notify the post office of a forwarding address.
     The  NASD  sent  several requests for information and its  complaint  to
     Minton's  CRD address and to two other addresses identified by the  NASD
     staff.
     
     The  Commission  has  previously stated that it would  not  accept  late
     applications   to   review  disciplinary  action  absent   extraordinary
     circumstances.   The Commission concluded that there  was  no  basis  to
     disturb  the  NASD's action. By sending its requests for information  to
     Minton  at  both  his  CRD  address  and  to  the  additional  addresses
     identified  by  the  staff, the NASD made exhaustive  efforts  to  serve
     Minton  and  had  followed its rules.  Minton's failure to  receive  the
     notices and the complaint was due to his repeated failure to update  his
     address.  (Rel. 34-46709; File No. 3-10636)

COMMISSION DENIES PETITION OF DANIEL HOWARD FOR RECONSIDERATION

     The  Commission  has  denied the petition of Daniel Richard  Howard  for
     reconsideration  of  its decision sustaining disciplinary  action  taken
     against  Howard by the NASD.  The NASD suspended Howard from association
     with any NASD member for two years and fined him $25,000.
     
     Howard  was  a general securities representative employed in the  Boston
     office  of  H.J.  Meyers & Co., Inc., a former NASD  member  firm.   The
     Commission  found  that Howard violated NASD rules by making  unsuitable
     recommendations to a customer, by giving a false response to a  question
     on  his Uniform Application for Securities Industry Registration, and by
     failing to amend that misstatement thereafter.

     In  seeking  reconsideration, Howard did not question  the  Commission's
     findings  of  misconduct or the sanctions imposed on him.   Instead,  he
     raised  a  number of procedural arguments, most of which the  Commission
     had  already  considered  and rejected.  The Commission  found  Howard's
     additional  contentions equally lacking in merit.  (Rel. 34-46707;  File
     No. 3-10392)

DANIEL  MANOFF BARRED

     The Commission has barred Daniel D. Manoff from associating with an NASD
     member in any capacity.  The Commission determined that Manoff, formerly
     a registered representative with Guardian Investor Services Corporation,
     a wholly-owned subsidiary of Guardian Life Insurance Company and an NASD
     member  firm,  engaged in conduct inconsistent with just  and  equitable
     principles of trade and high standards of commercial honor when he  made
     unauthorized  charges  to a co-worker's credit  cards.   The  Commission
     sustained  the NASD's findings and the bar it imposed.  (Rel.  34-46708;
     File No. 3-10499)
     
COMMISSION  VACATES  LAW  JUDGE'S  ORDER  AND  DISMISSES  WITHOUT   PREJUDICE
ADMINISTRATIVE PROCEEDING AGAINST ERNST & YOUNG LLP

     The  Commission has issued an order vacating the July 2, 2002, order  of
     an  administrative law judge.  The law judge had granted the  motion  of
     Ernst  &  Young  LLP  for  summary disposition,  and  dismissed  without
     prejudice  the Commission's administrative proceeding against the  firm,
     on  the  ground  that  the administrative proceeding  was  not  lawfully
     authorized.    The  administrative  proceeding  was  instituted   by   a
     Commissioner  acting as duty officer under Rule 43 of  the  Commission's
     rules,  17  CFR 200.43 (2002).  In addition to vacating the law  judge's
     order,  the  Commission's order dismisses the administrative  proceeding
     without prejudice.
     
     Rule  43(c) provides that the Commission may, in its discretion  and  at
     any time, review any unaffirmed action taken by a duty officer.  The law
     judge  nonetheless  concluded that the Commission's  Rules  of  Practice
     afforded her a vehicle to review the duty officer action.  However,  the
     first of these rules, Rule 100, specifies that the Rules of Practice  do
     not govern actions taken by the duty officer pursuant to Rule 43, and an
     explanatory  comment to this rule notes that certain  agency  processes,
     including  an appeal from a decision of a duty officer, are specifically
     excluded from the scope of the Rules.  The Commission, reading  Rule  43
     and  Rule 100 together, underscored in its order its conclusion that the
     exclusive  means for a party to seek Commission review of an  unaffirmed
     decision  made by a duty officer is to request review by the  Commission
     under Rule 43.  (Rel. 34-46710; AAE Rel. 1654; File No. 3-10786)

COMMISSION DECLARES DECISION AS TO G. BRADLEY TAYLOR FINAL

     The  decision of an administrative law judge with respect to G.  Bradley
     Taylor  has  become  final.  The law judge sanctioned  Taylor  based  on
     findings  that  Taylor willfully violated antifraud  provisions  of  the
     federal  securities laws by making material omissions  in  the  sale  of
     securities  to  his  customers.   The  law  judge  barred  Taylor   from
     associating with a broker or dealer.  The decision further ordered  that
     Taylor cease and desist from committing or causing any violations or any
     future  violations of Section 17(a) of the Securities Act  of  1933  and
     Section  10(b)  of the Securities Exchange Act of 1934 and  Rule  10b-5.
     (Rel. 33-8140; 34-46711; File No. 3-9955)

SEC SEEKS TO ENFORCE SUBPOENA AGAINST FORMER OFFICER OF LANTRONIX

     On  Oct. 22, the Commission filed an application with the United  States
     District   Court  for  the  Central  District  of  California,  Southern
     Division,  for an order to enforce an investigative subpoena  served  on
     Steven V. Cotton, the former Chief Financial Officer and Chief Operating
     Officer of Irvine, California-based Lantronix, Inc.  The subpoena  seeks
     documents  from Cotton regarding, among other things, Cotton's financial
     and brokerage information.
     
     The  Commission's application alleges that Cotton has not fully complied
     with  the subpoena issued by the Commission and that Cotton has no valid
     justification for his failure to comply.  A hearing on the  Commission's
     application has not yet been scheduled.  [SEC v. Steven V. Cotton,  Case
     No. SA CV 02-973 (DOC)(MLGx)(C.D. Cal.)] (LR-17799)

COURT  ISSUES  PERMANENT INJUNCTION AGAINST FORMER BROKER  DENNIS  HERULA  IN
CONNECTION WITH FRAUDULENT OFFERING SCHEME

     The Commission announced that it has obtained a permanent injunction  in
     a  civil  fraud  action  against Dennis Herula, who  participated  in  a
     fraudulent  offering  scheme  that raised  at  least  $52  million  from
     investors.   In  addition  to  being permanently  enjoined  from  future
     violations  of  the federal securities laws, Herula was ordered  to  pay
     disgorgement,  plus  prejudgment  interest,  in  the  total  amount   of
     $18,941,665.63, and was assessed a $250,000 civil monetary penalty.

     The   Commission  filed  its  action  against  Herula  and  eight  other
     defendants  and  a  relief defendant on April  1,  2002,  alleging  that
     individuals  associated with an entity formerly known as Brite  Business
     Corporation  made  fraudulent representations  to  investors,  promising
     exorbitant  returns through a high yield trading program.  According  to
     the  Commission's complaint, most of the Brite Business  investor  funds
     were  maintained  in a brokerage account at the Cranston,  Rhode  Island
     office  of  Raymond James Financial Services, where Herula worked  as  a
     broker.    The   complaint  alleges  that  Herula  was  the   designated
     representative  for the Brite Business account.  The  complaint  further
     alleges  that, between 1999 and 2001, Herula and others associated  with
     Brite  Business  misappropriated, transferred or lost approximately  $20
     million in investor funds.

     On  April 3, 2002, the federal court in Rhode Island entered a temporary
     restraining order and asset freeze against Herula, and on May  8,  2002,
     the  court  entered a written preliminary injunction against  him.   The
     court  orally  granted the Commission's motion for the  entry  of  final
     judgment  by  default against Herula on October 10, 2002, and  issued  a
     written   memorandum  and  order  against  him  on  October  17,   2002,
     permanently  enjoining Herula from future violations  of  the  antifraud
     provisions  of  the  federal  securities  laws  [Section  17(a)  of  the
     Securities Act of 1933 and Section 10(b) of the Securities Exchange  Act
     of 1934 and Rule 10b-5 thereunder].

     In   its  memorandum  and  order,  the  court  found  that  Herula  made
     intentional  misrepresentations to investors, including  misrepresenting
     the nature of an investment program, its overall risk and the status  of
     funds.   Herula  was  also found to have sent forged  brokerage  account
     statements  to an investor's representative and created false  documents
     on  stationery of a brokerage firm indicating that an account was frozen
     when  in  fact it was never frozen.  In addition, the court  found  that
     approximately  $6  million of investor funds that  were  transferred  to
     accounts controlled by Herula and his wife were used by them to purchase
     personal  items  such  as jewelry, art, antiques and  real  estate.  See
     Litigation  Release  No.  17800.  For further  information,  please  see
     Litigation   Release  Numbers  17793  (October  18,  2002)  [preliminary
     injunction  and  asset freeze against Herula and others  in  a  separate
     action  filed  in  federal district court in the  Northern  District  of
     California  alleging  similar fraudulent scheme]; 17737  (September  19,
     2002)  [civil  contempt hearing against Herula in Rhode Island  action];
     17514  (May  13, 2002) [preliminary injunction and asset freeze  against
     Herula  and  others  in  Rhode Island action];  17461  (April  5,  2002)
     [temporary restraining order and asset freeze against Herula and  others
     in  Rhode Island action].  [SEC v. Dennis Herula, et al., USDC, District
     of Rhode Island, C.A. No. 02 154 ML] (LR-17800)

SEC OBTAINS JUDGMENTS IN SEC v. EMSANET

     The  Commission  announced that the Honorable Arthur  D.  Spatt,  United
     States  District  Judge for the Eastern District of  New  York,  entered
     final  judgments  against Stefan Abel, Emsanet Internet Services,  Inc.,
     Peter  Restivo,  Inc. d/b/a U.S. Funding, Peter C.  Restivo,  Nicola  A.
     Liantonio, Jr. and Cesare J. Iori, Jr.  The judgments permanently enjoin
     them   from   further  violations  of  the  registration  and  antifraud
     provisions of the federal securities laws (Sections 5(a), 5(c) and 17(a)
     of  the Securities Act of 1933, Section 10(b) of the Securities Exchange
     Act  of  1934  and Rule 10b-5 thereunder) and additionally  enjoin  U.S.
     Funding, Restivo, Liantonio and Iori from acting as unregistered brokers
     (Section  15(a)  of  the Exchange Act).  The judgments  also  order  the
     Defendants to disgorge the following illicit profits:  Abel and Emsanet,
     jointly, $2,805,265 plus $536,448 in prejudgment interest; U.S. Funding,
     $465,000 plus $88,921.63 in prejudgment interest; and Restivo, Liantonio
     and  Iori  each,  $155,000  plus  $29,640.54  in  prejudgment  interest.
     Finally,  the judgments order the Defendants to pay the following  civil
     penalties: Abel and Emsanet, jointly, $100,000; U.S. Funding,  $465,000;
     and Restivo, Liantonio and Iori each, $155,000.
     The  Commission's  complaint, filed on January 24,  2002,  charged  that
     Emsanet  and  its  President, Abel, hired U.S. Funding, an  unregistered
     broker-dealer,  to  sell  shares of Emsanet  stock  in  an  unregistered
     private placement offering, and that Abel, Emsanet, U.S. Funding and its
     principles,  Restivo,  Liantonio and Iori,  made  materially  false  and
     misleading statements to investors in connection with the offer and sale
     of  shares  of Emsanet stock.  The Defendants consented to the judgments
     without  admitting  or  denying  the  allegations  in  the  Commission's
     complaint.  [SEC v. Emsanet Internet Services, Inc., Stefan Abel,  Peter
     Restivo,  Inc.   d/b/a  U.S.  Funding,  Peter  C.  Restivo,  Nicola   A.
     Liantonio,  Jr.,  and Cesare J. Iori, Jr., CV 02-532,  ADS,  EDNY]  (LR-
     17801)

ORDER  SETTING DISGORGEMENT, PREJUDGMENT INTEREST AND CIVIL PENALTIES  ISSUED
AGAINST  GEORGIA  INVESTMENT  ADVISER AND ITS CONTROLLING  SHAREHOLDER  AS  A
RESULT   OF  FRAUDULENT  ACTIVITIES,  AND  ORDER  SETTING  DISGORGEMENT   AND
PREJUDGMENT INTEREST ISSUED AGAINST RELIEF DEFENDANT

     The  Commission announced today that on Oct. 16 the Honorable Robert  L.
     Vining of the United States District Court for the Northern District  of
     Georgia  issued an order setting disgorgement, prejudgment interest  and
     civil penalties against defendants John Raymond Linney Clain (Clain) and
     his  investment  adviser firm, Saint James Asset Management,  Inc.  (St.
     James),  both  of  Alpharetta,  Georgia, and  ordered  disgorgement  and
     prejudgment  interest against relief defendant Clain Family  Corporation
     (CFC),  a  corporation controlled by Clain.  In an  earlier  order,  the
     Court  permanently enjoined permanently enjoined Clain and  Saint  James
     from  further violations of Section 17(a) of the Securities Act of 1933,
     Section  10(b)  of the Securities Exchange Act of 1934, and  Rule  10b-5
     thereunder and Sections 206(1) and 206(2) of the Investment Advisers Act
     of  1940.  In its recent order, the Court ordered Clain and St. James to
     pay disgorgement, jointly and severally in the amount of $927,000, along
     with  prejudgment interest thereon, ordered Clain and St. James  to  pay
     "third  tier"  statutory civil penalties in the amounts of $110,000  and
     $550,000  respectively.  The Court also ordered CFC to pay  disgorgement
     in  the amount of $32,000 along with prejudgment interest thereon.   The
     Court's Order directed that disgorgement, prejudgment interest and civil
     penalties be paid into the registry of the Court within thirty days from
     the entry of the Order.

     The  Commission's complaint alleged that Clain and Saint James  obtained
     the funds from sixteen clients between January 1998 and October 2000  by
     misrepresenting  that  the  clients' money would  be  used  to  purchase
     various securities.  Without the clients' knowledge or permission, Clain
     used  the money primarily to fund the operations for an Augusta, Georgia
     company in which Clain had an interest, Alternate Energy Resources, Inc.
     The  complaint  also  alleged that Clain used misappropriated  funds  to
     purchase  two  cars and a diamond ring, and to pay the mortgage  on  his
     house.  Clain Family Corporation, which is controlled by Clain, owns one
     of the cars.  The complaint also alleged that the defendants' misconduct
     included providing clients with materially false and misleading periodic
     account  statements  that  represented  falsely  that  they  had  bought
     specific  securities for the clients, when in fact they had not.    [SEC
     v.  Saint  James Asset Management, Inc. and John Raymond  Linney  Clain,
     Defendants and Clain Family Corporation, Relief Defendant, Civil  Action
     File No. 1:02-CV-426, N.D. Ga.] (LR-17802)
     
DC COURT BARS DAMATO AND ENJOINS FURTHER SECURITIES VIOLATIONS

     On  Oct.  22, the District Court permanently enjoined Anthony M. Damato,
     the  former president and CEO of Eagle Building Technologies, Inc., Boca
     Raton,  Florida,  from  violating Sections 10(b)  and  13(b)(5)  of  the
     Exchange Act and Rules 10b-5, 12b-20, 13b2-1, and 13b2-2, and aiding and
     abetting  Eagle Building's violations of Section 13(a) and  13(b)(2)  of
     the  Exchange Act and Rules 13a-1 and 13a-13 in connection with Damato's
     creation of false purchase orders and bank records which he provided  to
     accountants to inflate revenues reported in Eagle Building's annual  and
     quarterly  reports  filed  with  the  SEC,  and  false  press   releases
     distributed to the public regarding the company's marketing of  products
     to  combat  terrorism after September 11. The court also  barred  Damato
     from  acting  as  an officer or director of any public company.   Damato
     consented   without  admitting  or  denying  the  allegations   of   the
     Commission's  complaint,  which was filed  on  March  1,  2002.   Issues
     relating  to  disgorgement, and civil penalties will be  resolved  at  a
     later hearing.

     Previously  on  May  20,  2002,  the court  permanently  enjoined  Eagle
     Building  from  violating Sections 10(b), 13(a),  and  13(b)(2)  of  the
     Exchange  Act and Rules 10b-5, 12b-20, 13a-1, 13a-13, and 13b2-1,  based
     on  the  consent of the company in which it neither admitted nor  denied
     the allegations of the complaint.   [SEC v. Eagle Building Technologies,
     Inc., et al., Civil Action No. 1:02CV00397 ESH, USDC, DDC] (LR-17803)


SELF-REGULATORY ORGANIZATIONS
     

PROPOSED RULE CHANGES

     The  Boston Stock Exchange filed a proposed rule change (SR-BSE-2002-04)
     to  amend  its Minor Rule Violation Plan.  Publication of the notice  in
     the  Federal Register is expected during the week of Oct. 28.  (Rel. 34-
     46705)

     The  National  Association of Securities Dealers filed a  proposed  rule
     change  (SR-NASD-2002-149) to make permanent Nasdaq's Transaction Credit
     Pilot  Program (Program) for exchange-listed securities and to  increase
     the  percentage of revenue available for distribution under the  Program
     from  40% to 50%.  Publication of the notice in the Federal Register  is
     expected during the week of Oct. 28.  (Rel. 34-46712)

IMMEDIATE EFFECTIVENESS OF PROPOSED RULE CHANGE

     A  proposed rule change filed by the New York Stock Exchange relating to
     extension  of the pilot with respect to exceptions to NYSE  Rule  123(e)
     for   orders  in  Exchange-Traded  Funds  (SR-NYSE-2002-48)  has  become
     effective  under Section 19(b)(3)(A) of the Securities Exchange  Act  of
     1934.   Publication  of the notice in the Federal Register  is  expected
     during the week of Oct. 28.  (Rel. 34-46713)
     
APPROVAL OF PROPOSED RULE CHANGE

     The Commission granted approval of a proposed rule change (SR-EMCC-2002-
     01)  filed  by  the Emerging Markets Clearing Corporation under  Section
     19(b)  of the Securities Exchange Act expanding the types of instruments
     eligible  for processing to include certain corporate debt.  Publication
     of  the  notice in the Federal Register is expected during the  week  of
     Oct. 28.  (Rel. 34-46714)


SECURITIES ACT REGISTRATIONS
     

     The following registration statements have been filed with the SEC under
     the  Securities  Act  of  1933.   The reported  information  appears  as
     follows:   Form,  Name, Address and Phone Number (if available)  of  the
     issuer  of the security; Title and the number and/or face amount of  the
     securities being offered; Name of the managing underwriter or  depositor
     (if  applicable);  File number and date filed; Assigned  Branch;  and  a
     designation if the statement is a New Issue.

     Registration statements may be obtained in person or by writing  to  the
     Commission's  Public  Reference  Branch  at  450  Fifth  Street,   N.W.,
     Washington,  D.C.  20549  or  at  the  following  e-mail  box   address:
     <publicinfo@sec.gov>.  In most cases, this information is also available
     on the Commission's website: <www.sec.gov>.



S-3     FONAR CORP, 110 MARCUS DR, MELVILLE, NY, 11747, 5166942929 -
        2,000,000 ($2,180,000.00) Equity, (File 333-100677 - Oct. 23) (BR. 01)

S-8     NETPARTS COM, 3131 S W FREEWAY, HOUSTON, TX, 77098, 9492489561 -
        2,500,000 ($125,000.00) Debt Convertible into Equity,
        (File 333-100678 - Oct. 23) (BR. 09)

S-8     KNOWLEDGE NETWORKS INC, 24843 DEL PRADO, SUITE 318, DANA POINT, CA,
        92629, 9492489561 -
        2,500,000 ($125,000.00) Debt Convertible into Equity,
        (File 333-100679 - Oct. 23) (BR. 03)


S-8     APPLIED INNOVATION INC, 5800 INNOVATION DRIVE, DUBLIN, OH, 43017,
        6147982000 - 500,000 ($1,205,000.00) Equity, (File 333-100681 -
        Oct. 23) (BR. 37)

S-8     CENTEX CORP, P O BOX 199000, 2728 N HARWOOD, DALLAS, TX, 75201,
        214-981-5000 - 0 ($66,870,000.00) Equity, (File 333-100682 - Oct. 23)
        (BR. 06)

S-1     MMCA AUTO RECEIVABLES TRUST II, PO BOX 6038, CYPRESS, CA, 90630-0038,
        7142368157 - 1,000,000 ($1,000,000.00) Asset-Backed Securities,
        (File 333-100690 - Oct. 23) (BR. 05)

S-8     TULARIK INC, TWO CORPORATE DRIVE, SOUTH SAN FRANCISCO, CA, 94080,
        6508257300 - 0 ($17,722,089.60) Equity, (File 333-100693 - Oct. 23)
        (BR. 01)

S-8     HARLAND JOHN H CO, 2939 MILLER RD, DECATUR, GA, 30035, 7709819460 -
        0 ($1.00) Equity, (File 333-100694 - Oct. 23) (BR. 05)

S-3     GMAC COMMERCIAL MORTGAGE SECURITIES INC, 650 DRESHER ROAD HORSHAM,
        PENNSYLVANIA, PA, 190444, 4108842000 - 0 ($1,000,000.00) Other,
        (File 333-100695 - Oct. 23) (BR. 05)

S-8     OWNERTEL INC, 2870 PEACHTREE ROAD, SUITE 176, ATLANTA, GA, 30305,
        4042378605 - 0 ($693,000.00) Equity, (File 333-100696 - Oct. 23)
        (BR. 37)

S-3     EMERGING VISION INC, 100 QUENTIN ROOSEVELT BLVD, SUITE 508,
        GARDEN CITY, NY, 11530, 6462233600 -
        100,000,000 ($4,000,000.00) Equity, (File 333-100697 - Oct. 23) (BR. 02)

S-8     IGN ENTERTAINMENT INC, 3240 BAYSHORE BLVD, BRSBANE, CA, 94005,
        4155082706 - 0 ($535,500.00) Equity, (File 333-100698 - Oct. 23)
        (BR. 03)

N-2     PIMCO CORPORATE OPPORTUNITY FUND, 1,000 ($15,000.00) Equity,
        (File 333-100699 - Oct. 23) (BR. )


RECENT 8K FILINGS


Form 8-K is used by companies to file current reports on the following events:

    Item 1.  Changes in Control of Registrant.
    Item 2.  Acquisition or Disposition of Assets.
    Item 3.  Bankruptcy or Receivership.
    Item 4.  Changes in Registrant's Certifying Accountant.
    Item 5.  Other Materially Important Events.
    Item 6.  Resignations of Registrant's Directors.
    Item 7.  Financial Statements and Exhibits.
    Item 8.  Change in Fiscal Year.
    Item 9.  Regulation FD Disclosure.


     The following companies have filed 8-K reports for the date indicated and/or
amendments to 8-K reports previously filed, responding to the item(s) of the form
specified.   8-K  reports  may  be  obtained in  person  or  by  writing  to  the
Commission's Public Reference Branch at 450 Fifth Street, N.W., Washington,  D.C.
20549  or  at the following e-mail box address:  <publicinfo@sec.gov>.   In  most
cases,   this  information  is  also  available  on  the  Commission's   website:
<www.sec.gov>.




                                       STATE     8K ITEM NO.
NAME OF ISSUER                         CODE   1 2 3 4 5 6 7 8 9     DATE
COMMENT
-----------------------------------------------------------------------------------
1-800 ATTORNEY INC                      FL            X   X       10/21/02

1ST CONSTITUTION BANCORP                NJ            X   X       10/18/02

99 CENTS ONLY STORE                     CA            X           10/22/02

ABERDENE MINES LTD                                  X             10/18/02

ACE HARDWARE CORP                       DE            X           10/23/02

ACTRADE FINANCIAL TECHNOLOGIES LTD      DE                X   X   10/23/02

ADEPT TECHNOLOGY INC                    DE                X   X   10/23/02

AGROCAN CORP                            DE          X     X       10/02/02    AMEND

ALLIED WASTE INDUSTRIES INC             DE                    X   10/22/02

AMERICAN SAFETY INSURANCE GROUP LTD                   X           10/23/02

AMERICAN TOWER CORP /MA/                DE            X   X       10/23/02

AMERICREDIT CORP                        TX            X   X       10/15/02

AMERIQUEST MORT SEC INC ASSET BK PASS   DE      X         X       10/22/02

AMERIQUEST MORTGAGE SECURITIES INC AS   DE            X           04/25/02    AMEND

AMERIQUEST MORTGAGE SECURITIES INC AS   DE            X           05/28/02    AMEND

ANCONA MINING CORP                      NV          X             10/18/02

AOL TIME WARNER INC                     DE            X       X   10/23/02

ATCHISON CASTING CORP                   KS            X   X       10/22/02

ATLANTIS PLASTICS INC                   FL            X   X       10/08/02

ATWOOD OCEANICS INC                     TX            X   X       10/23/02

BANC OF AMERICA COMMERCIAL MORT PASS    DE                X       10/01/02

BANC ONE HELOC 1999-1                   OH            X   X       10/20/02

BANC ONE HELOC TRUST 1998-1             OH            X   X       10/20/02

BARBEQUE CAPITAL CORP                   NV    X       X           09/26/02

BEAR STEARNS COMMERCIAL MORTGAGE SECU   DE      X         X       10/01/02

BICO INC/PA                             PA            X           10/23/02

BLACK & DECKER CORP                     MD            X   X       10/23/02

BOSTON PROPERTIES INC                   DE            X   X       10/23/02

BROWN & BROWN INC                       FL            X           10/23/02

C H ROBINSON WORLDWIDE INC              DE                X   X   10/22/02

CAMDEN MINES LTD                        NV          X             10/18/02

CARBO CERAMICS INC                      DE            X   X       10/22/02

CHARTER COMMUNICATIONS HOLDINGS LLC     DE            X   X       10/22/02

CHARTER COMMUNICATIONS INC /MO/         DE            X   X       10/22/02

CISCO SYSTEMS INC                       CA            X   X       10/21/02

CITIBANK SOUTH DAKOTA N A               DE            X           09/30/02

CITIZENS FINANCIAL SERVICES INC         PA                X       09/30/02

CLAIMSNET COM INC                       DE            X           10/23/02

CLAIMSNET COM INC                       DE            X           10/23/02

CNB FLORIDA BANCSHARES INC              FL                X       10/23/02

COMBINED PROFESSIONAL SERVICES INC      NV            X   X       10/22/02

COMMUNITY HEALTH SYSTEMS INC/           DE            X   X   X   10/23/02

CONDUCTUS INC                           DE            X   X       10/10/02

CONSOLIDATED GRAPHICS INC /TX/          TX            X   X       10/23/02

COOPERATIVE BANKSHARES INC              NC            X   X       10/23/02

CORIO INC                               DE            X   X       10/22/02

CORPORATE OFFICE PROPERTIES TRUST       MD                X   X   10/23/02

CREDIT SUISSE FIRST BOSTON MORT BACK    DE            X   X       07/25/02

CREDIT SUISSE FIRST BOSTON MORT BACK    DE            X   X       08/26/02

CREDIT SUISSE FIRST BOSTON MORT BACK    DE            X   X       09/25/02

CREDIT SUISSE FIRST BOSTON MORTGAGE S   DE            X   X       10/23/02

CRITICAL HOME CARE INC                  NV          X     X       10/14/02    AMEND

CSFB MORTGAGE SEC CORP  ABFS MORT LN    DE            X   X       10/15/02

CSFB MORTGAGE SECURITIES PASS THROUGH   DE            X   X       09/25/02

CSFB MORTGAGED BACKED PASS THROUGH CE   DE            X   X       07/25/02

CSFB MORTGAGED BACKED PASS THROUGH CE   DE            X   X       08/26/02

CSFB MORTGAGED BACKED PASS THROUGH CE   DE            X   X       09/25/02

CSS INDUSTRIES INC                      DE      X         X       10/18/02

CV THERAPEUTICS INC                     DE            X   X       10/22/02

DAYTON SUPERIOR CORP                    OH            X   X       10/23/02

DEUTSCHE RECREATIONAL ASSET FUNDING C   NV            X   X       09/30/02

DUPONT E I DE NEMOURS & CO              DE            X           09/30/02

DYNEGY HOLDINGS INC                     DE            X   X       10/23/02

DYNEGY INC /IL/                         IL            X   X       10/23/02

EAGLE SUPPLY GROUP INC                  DE                X   X   10/22/02

EDUCATION LENDING GROUP INC             DE            X           10/18/02

ELECTRONICS BOUTIQUE HOLDINGS CORP      DE            X           10/23/02

EMERGING VISION INC                     NY            X           10/23/02

EQUITY ONE INC                          MD                X       09/30/02

ERESEARCHTECHNOLOGY INC /DE/            DE            X   X       10/23/02

EVERTRUST FINANCIAL GROUP INC           WA            X   X       10/23/02

EXCELON CORP                            DE            X   X       10/18/02

EXPEDITORS INTERNATIONAL OF WASHINGTO   WA                    X   10/22/02

EXPRESS SCRIPTS INC                     DE            X   X   X   09/30/02

FAN ENERGY INC                          NV            X           10/22/02

FARNSWORTH BANCORP INC                  NJ            X   X       10/22/02

FBR ASSET INVESTMENT CORP/VA            VA                    X   10/22/02

FEDERAL AGRICULTURAL MORTGAGE CORP                        X   X   10/22/02

FGI GROUP INC                           DE            X   X       10/17/02

FINDWHAT COM INC                        NV            X   X       10/23/02

FIRST AMERICAN CORP                     CA            X   X       10/23/02

FIRST HORIZON ASSET SECURITIES INC      DE            X   X       10/22/02

FIRST INDIANA CORP                      IN            X   X       10/23/02

FIRST MIDWEST BANCORP INC               DE            X   X       10/23/02

FIRST UNION NATIONAL BANK COM MORT PA   NC                X       10/01/02

FIRST WASHINGTON FINANCIAL CORP         NJ            X   X       10/21/02

FLEMING COMPANIES INC /OK/              OK                X       10/18/02

FLEMING COMPANIES INC /OK/              OK                    X   10/23/02

FOOTSTAR INC                            DE            X   X       10/18/02

GE CAPITAL COMMERCIAL MORT CORP MORT    DE                X       10/01/02

GENERAL MILLS INC                       DE            X   X       10/22/02

GENERAL MILLS INC                       DE            X   X       10/22/02

GENERAL MILLS INC                       DE            X   X       10/23/02

GENERAL MOTORS CORP                     DE            X           10/07/02

GEVITY HR                               FL            X   X       10/23/02

GMAC COMMERCIAL MORTGAGE SECURITIES I   DE                X       10/01/02

GRAVITAS INTERNATIONAL INC              FL      X     X           10/17/02

GRAVITAS INTERNATIONAL INC              FL      X     X           10/17/02    AMEND

GREAT AMERICAN BANCORP INC              DE            X   X       10/22/02

GREATER COMMUNITY BANCORP               NJ            X           10/21/02

GREATER COMMUNITY BANCORP               NJ            X           10/22/02

GREENS WORLDWIDE INC                    AZ    X X     X   X       08/10/02    AMEND

HAEMONETICS CORP                        DE            X   X       10/22/02

HALL KINION & ASSOCIATES INC            DE      X         X       08/09/02

HERITAGE COMMERCE CORP                  CA            X           10/22/02

HEXCEL CORP /DE/                        DE            X   X       10/23/02

HOTELS COM                              DE                    X   10/23/02

IFX CORP                                DE            X   X       10/18/02

ILLINOIS POWER CO                       IL            X   X       10/09/02

IMAGIS TECHNOLOGIES INC                 A1                X       10/21/02

INDEPENDENT BANK CORP /MI/              MI                    X   10/23/02

INTERMAGNETICS GENERAL CORP             NY            X   X       10/21/02

INTERNATIONAL PAPER CO /NEW/            NY            X   X       10/23/02

JOHNSON & JOHNSON                       NJ            X           10/18/02

JP MORGAN CHASE COM MORT SEC CORP PAS   DE            X   X       10/21/02

JP MORGAN CHASE COMM MOR SEC CORP MOR   DE                X       10/01/02

KEYSTONE MINES LTD                      NV          X             10/18/02

KEYSTONE PROPERTY TRUST                 MD                X   X   09/30/02

KINDRED HEALTHCARE INC                  DE            X   X       10/23/02

LECSTAR CORP                            TX                X       01/25/01    AMEND

LEHMAN ABS CORP CORP BACKED TRUST CER   DE            X   X       10/23/02

LIFEPOINT HOSPITALS INC                 DE                X   X   10/21/02

LUCENT TECHNOLOGIES INC                 DE            X   X   X   10/17/02

M B A HOLDINGS INC                      NV          X     X       10/23/02

MACROPORE INC                           DE      X     X   X       10/08/02

MADISON BANCSHARES INC                  FL            X           10/22/02

MAJOR AUTOMOTIVE COMPANIES INC          NV            X           10/22/02

MARIMBA INC                             DE            X           10/22/02

MDU RESOURCES GROUP INC                 DE            X   X       10/22/02

MECHANICAL TECHNOLOGY INC               NY            X           10/23/02

MERITAGE CORP                           MD            X   X       10/07/02    AMEND

MERRILL LYNCH MORT INV INC COM MRT PA   DE                X       10/01/02

METROPOLITAN FINANCIAL CORP /OH/        OH            X   X       10/23/02

MGIC INVESTMENT CORP                    WI                    X   10/23/02

MIDWEST BANC HOLDINGS INC               DE            X   X       10/23/02

MINERALS TECHNOLOGIES INC               DE                    X   10/17/02

MONEY STORE COMMERCIAL MORTGAGE INC     NJ            X   X       10/15/02

MONEY STORE INVESTMENT CORP             NJ            X   X       10/15/02

MONEY STORE SBA ADJUSTABLE RATE CERTI   NJ            X   X       10/15/02

MORGAN STANLEY DEAN WITTER CAPITAL I    DE            X   X       10/17/02

MORGAN STANLEY DEAN WITTER CAPITAL I    DE                X       10/01/02

MORTGAGE ASSET SECURITIZATION TRANSAC   DE                X       10/23/02

MRV COMMUNICATIONS INC                  DE      X         X       10/15/02

MYSTIC FINANCIAL INC                    DE                X   X   10/23/02

NATIONAL CITY AUTO RECEIVABLES TRUST    DE            X   X       10/15/02

NATIONAL CITY CREDIT CARD MASTER TRUS                 X   X       10/15/02

NETSOL TECHNOLOGIES INC                 NV            X           10/21/02

NEW WORLD RESTAURANT GROUP INC          DE            X   X       10/23/02

NEW YORK COMMUNITY BANCORP INC          DE                X   X   10/23/02

NEW YORK COMMUNITY BANCORP INC          DE                X   X   10/22/02

NEWMONT MINING CORP /DE/                DE            X   X       10/23/02

NORTH FORK BANCORPORATION INC           DE            X   X   X   10/16/02

OFFICE DEPOT INC                        DE            X   X       10/22/02

OMNISKY CORP                                          X   X       10/21/02

PENN TRAFFIC CO                         DE            X   X       10/23/02

PENNFED FINANCIAL SERVICES INC          DE            X   X   X   10/23/02

PHARSIGHT CORP                          CA            X   X       10/22/02

PMA CAPITAL CORP                        PA            X   X       10/11/02

POET HOLDINGS INC                       DE            X   X       09/06/02

PRECOM TECHNOLOGY INC                           X                 10/08/02

PROGRESS FINANCIAL CORP                 DE            X           10/23/02

PROGRESS FINANCIAL CORP                 DE            X           10/23/02

PROGRESS SOFTWARE CORP /MA              MA            X   X       10/18/02

PRUDENTIAL SECURITIES SEC FIN CORP MO   DE                X       10/01/02

PRUDENTIAL SECURITIES SEC FIN CORP MO   DE                X       10/01/02    AMEND

PULTE HOMES INC/MI/                     MI            X   X       10/22/02

QCR HOLDINGS INC                        DE            X           10/23/02

QUALITY PRODUCTS INC                    OH            X           10/15/02

REDDING BANCORP                         CA            X   X       10/22/02

REGAL ENTERTAINMENT GROUP               DE            X           10/21/02

RELAY MINES LTD                         NV          X             10/18/02

RESIDENTIAL ASSET MORTGAGE PRODUCTS I   DE                X       10/25/02

RESIDENTIAL ASSET MORTGAGE PRODUCTS I   DE                X       10/25/02

RESIDENTIAL ASSET MORTGAGE PRODUCTS I   DE            X   X       10/23/02

RIVERSTONE NETWORKS INC                 DE            X   X       10/07/02

RIVIERA HOLDINGS CORP                   NV            X   X       10/22/02

RSTAR CORP                              DE      X         X       08/02/02    AMEND

SABRE HOLDINGS CORP                     DE                    X   10/17/02    AMEND

SANDISK CORP                            DE            X   X       10/21/02

SANDY SPRING BANCORP INC                MD                    X   10/18/02

SHENANDOAH TELECOMMUNICATIONS CO/VA/    VA            X           10/23/02

SL GREEN REALTY CORP                    MD            X   X       10/22/02

SL GREEN REALTY CORP                    MD                X   X   10/23/02

SOLECTRON CORP                          DE            X   X       10/21/02

SONUS CORP                              A1            X           10/22/02

SOS STAFFING SERVICES INC               UT            X           10/22/02

SPX CORP                                DE            X   X       10/22/02

STORAGE TECHNOLOGY CORP                 DE            X   X       10/22/02

STRUCTURED ASSET SEC CORP LB UBS COMM   DE      X         X       10/08/02

STRUCTURED ASSET SECURITIES CORP        DE            X   X       10/22/02

SUPERIOR FINANCIAL CORP /AR/            DE                    X   10/22/02

SUSQUEHANNA BANCSHARES INC              PA            X   X       10/22/02

SYNERGY FINANCIAL GROUP INC                           X   X       10/23/02

TECHLABS INC                                        X             10/07/02    AMEND

THOMAS GROUP INC                        DE    X       X   X       09/20/02    AMEND

THOR VENTURES CORP                      FL            X           10/18/02

TIS MORTGAGE INVESTMENT CO              MD            X   X       08/19/02

TRIAD HOSPITALS INC                     DE            X   X       10/22/02

TRICO MARINE SERVICES INC               DE            X   X       10/22/02

TRIDENT SYSTEMS INTERNATIONAL INC       NV    X X     X   X       10/17/02

UNITED FINANCIAL INC                    NC            X           10/23/02

VANGUARD AIRLINES INC \DE\              DE            X   X       09/30/02

VERTICAL COMPUTER SYSTEMS INC           NV                    X   10/23/02

VICINITY CORP                           DE            X   X       10/22/02

VOLT INFORMATION SCIENCES INC           NY            X   X       10/17/02

WACHOVIA ASSET SEC INC ASST BACK NOTE   NC            X   X       10/23/02

WALLACE COMPUTER SERVICES INC           DE                X   X   10/23/02

WASHINGTON MUTUAL MORTGAGE SECURITIES   DE            X   X       10/23/02

WASHINGTON MUTUAL MORTGAGE SECURITIES   DE                X       10/23/02

WASHINGTON MUTUAL MORTGAGE SECURITIES   DE                X       10/22/02

WEYERHAEUSER CO                         WA            X           09/29/02

WORLDCOM INC                            GA            X   X   X   10/22/02

ZENITH NATIONAL INSURANCE CORP          DE      X         X       10/08/02

ZYGO CORP                               DE            X   X       10/18/02