SEC NEWS DIGEST


Issue 2002-56                                                     March 22, 2002
     

ENFORCEMENT PROCEEDINGS
     

COMMISSION  ORDERS  HERBERT  MOSKOWITZ TO CEASE  AND  DESIST  FROM  VIOLATING
EXCHANGE ACT BENEFICIAL OWNERSHIP REPORTING PROVISIONS

     The Commission has found that Herbert Moskowitz of Guilderland, New York
     violated Section 13(d) of the Securities Exchange Act of 1934 and  Rules
     13d-1  and  13d-2  thereunder  by failing to  include  in  Schedule  13D
     beneficial   ownership   reports   certain   shares   of   Ferrofluidics
     Corporation.    The  Commission  determined  that  Moskowitz   was   the
     beneficial  owner of 40,100 shares of Ferrofluidics stock  purchased  by
     Moskowitz's son-in-law.

     Under Exchange Act Rule 13d-3, a person is deemed a beneficial owner  of
     securities  if  he has direct or indirect "investment  power"  over  the
     securities.  "Investment power" under the rule  includes  the  power  to
     dispose.

     The  Commission concluded that Moskowitz had the authority -- documented
     in  a  signed  trading  authorization -- to sell  the  securities.   The
     Commission rejected "self-serving hearing testimony" that Moskowitz  and
     his  son-in-law  had agreed orally that the trading authorization  would
     not come into effect unless the son-in-law died or became incapacitated.

     The  Commission  accordingly concluded that Moskowitz  was  required  to
     file, but did not file, Schedule 13D reports to disclose the acquisition
     and   disposition  of  his  son-in-law's  Ferrofluidics  shares.   These
     holdings, when combined with other Ferrofluidics stock held by Moskowitz
     and  his  immediate  family,  amounted to an  interest  in  the  company
     exceeding  5% (the percentage trigger for Schedule 13D disclosure),  and
     their  sale caused Moskowitz's beneficial ownership interest to  decline
     materially.  On March 21, the Commission ordered Moskowitz to cease  and
     desist  from  violating, and from committing future violations  of,  the
     Exchange  Act's  beneficial ownership reporting provisions.   (Rel.  34-
     45609; File No. 3-9435)

OLEG FELDMAN BARRED FROM ASSOCIATION WITH ANY BROKER OR DEALER

     On  March  21,  the  Commission  entered  an  Order  Instituting  Public
     Administrative  Proceedings Pursuant to Section 15(b) of the  Securities
     Exchange  Act  of 1934, Making Findings and Imposing Remedial  Sanctions
     (Order)  against  Oleg Feldman (Feldman).  The Order bars  Feldman  from
     association  with  any broker or dealer.  Feldman neither  admitted  nor
     denied  the findings in the Order, except as to his previous association
     with  broker-dealers registered with the Commission,  jurisdiction,  and
     the  filing  of  the Commission's complaint and entry  of  an  Order  of
     Permanent  Injunction against him, which were admitted.  In  the  Order,
     the  Commission  found  that  during the period  February  1997  through
     October  2000,  Feldman was a registered representative associated  with
     various  broker-dealers registered with the Commission, including,  from
     April  1997  to November 1997, W.J. Nolan & Company, Inc.  (Nolan).   On
     August  2,  1999, the Commission filed a Complaint in the United  States
     District Court for the Northern District of Illinois against Feldman and
     others  captioned  SEC v. Kfir Barzilay, et al., No.  99  C  5023.   The
     Commission's complaint alleges that from about April through November of
     1997,  Feldman was a registered representative associated with the  Park
     Avenue office of Nolan.  The complaint alleges that, during this period,
     among other things, Feldman engaged in fraudulent sales practices in the
     accounts of at least thirteen customers.  On March 13, 2002, in  SEC  v.
     Barzilay,  the  Honorable Ronald Guzman entered an  Order  of  Permanent
     Injunction  and  Other Relief enjoining Feldman from violating  Sections
     17(a)  of the Securities Act of 1933 (Securities Act), Section 10(b)  of
     the  Securities  Exchange  Act of 1934 (Exchange  Act)  and  Rule  10b-5
     promulgated thereunder, and Section 17(a) of the Exchange Act  and  Rule
     17a-3 promulgated thereunder.  Feldman, without admitting or denying the
     allegations  in the complaint, consented to the entry of  the  Order  of
     Permanent Injunction and Other Relief. (Rel. 34-45610; File No. 3-10730)
     
COMMISSION SANCTIONS STAN D. KIEFER & ASSOCIATES AND STANLEY D. KIEFER
      
     On March 22, the Commission instituted a public administrative and cease-
     and-desist  proceeding,  making findings and imposing  sanctions  and  a
     cease-and-desist  order  (Order) against Stan  D.  Kiefer  &  Associates
     (SKA), an investment adviser located in Manhattan Beach, California, and
     Stanley  D. Kiefer (Kiefer), SKA's president and sole shareholder.   The
     Order finds that from July 1997 to January 2000, Kiefer disseminated, or
     caused  others to disseminate, advertisements that misrepresented  SKA's
     performance figures, overstated SKA's number of clients and assets under
     management,  falsely  represented that SKA's  performance  returns  were
     audited  and compliant with the Association for Investment Management  &
     Research's  Performance Presentation Standards, and falsely  represented
     that   SKA   was   registered  with  the  Commission.   The   Commission
     simultaneously accepted an Offer of Settlement in which SKA and  Kiefer,
     without admitting or denying the Commission's findings, consented to the
     entry  of the Order:  censuring them; ordering them to cease and  desist
     from committing or causing any violation and any future violation of the
     antifraud  provisions,  Sections 206(1) and  206(2)  of  the  Investment
     Advisers  Act; imposing a $10,000 penalty; and requiring them to  comply
     with certain remedial undertakings.  (Rel. IA-2023; File No. 3-10736)
     
     
FINAL  JUDGMENT  OF PERMANENT INJUNCTION ENTERED AGAINST INTERNET  MONEY.COM,
INC.

     On  March  15, the United States District Court for the Eastern District
     of  Michigan entered a permanent injunction against Internet  Money.com,
     Inc.  (iMC), permanently enjoining it from future 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 promulgated thereunder.  iMC is  an
     Ann Arbor based start-up company that purportedly is developing a secure
     Internet  payment  device.   iMC consented to  entry  of  the  permanent
     injunction  without  admitting or denying the Commission's  allegations.
     The claims against co-defendant Mark Sendo are pending.
     
     The  Commission's  complaint alleges that, from at least  December  1999
     until  March  2001, iMC and Sendo raised at least $440,500  through  the
     sale  of  common stock to at least 23 investors.  The complaint  alleges
     that  iMC  and  Sendo made false and misleading statements  in  business
     plans  provided to potential investors.  First, iMC falsely  represented
     that  various high profile figures in the Internet and "payment systems"
     industries  had invested in iMC, served on iMC's Board of  Directors  or
     were  a part of iMC's management team.  Second, iMC's offering materials
     present  a  misleading portrayal of Sendo because they do  not  disclose
     that  Sendo  had previously pled guilty to federal criminal  wire  fraud
     charges and was enjoined in a related Commission enforcement action  for
     his  role  in  a  securities fraud.  [SEC v.  Mark  Sendo  and  Internet
     Money.com, Inc., Civ. Action No. 01-73698, USDC, E.D. Mich.] (LR-17427)
     
SEC CHARGES FORMER PORTFOLIO MANAGER WITH FRAUD

     On  March  21, the Commission sued a portfolio manager who was  formerly
     associated  with two Oregon investment adviser firms for defrauding  his
     clients out of $500,000.
     
     James  Oh, age 35, of Springfield, Illinois, was charged with securities
     fraud  and  investment adviser fraud for misappropriating  client  funds
     while  he  was a portfolio manager at Cascade Asset Management  Co.,  in
     Portland, Oregon, and IMS Capital Management Inc., in Clackamas, Oregon,
     from April 1999 to June 2000.
     
     According to the complaint, filed today in United States District  Court
     in  Portland, Oregon, Oh falsely told clients about purported investment
     opportunities and then deposited the client funds into his personal bank
     accounts  and used those funds for personal expenses.  Oh used  clients'
     funds  to pay personal expenses such as mortgage and bank loan payments,
     credit  card  bills, golf club fees and dues, lease payments  for  three
     cars, wine, furniture, jewelry, and clothes.
     
     Oh  has  agreed  to  be  barred  from any  future  association  with  an
     investment  adviser.  In addition, Oh, without admitting or denying  the
     allegations of the Complaint, consented to the entry of a Final Judgment
     permanently enjoining him from violating the antifraud provisions of the
     federal  securities laws, Section 17(a) of the Securities Act  of  1933,
     Section 10(b) of the Exchange Act of 1934 and Rule 10b-5 thereunder, and
     Sections  206(1) and (2) of the Advisers Act.  Oh also consented  to  an
     order requiring him to pay disgorgement in the amount of $500,000,  plus
     prejudgment   interest,  but  waiving  payment   of   disgorgement   and
     prejudgment interest and not assessing civil penalties, based  upon  his
     sworn representations in his statement of financial condition.
     
     The  Commission  wishes  to  thank the State  of  Oregon  Department  of
     Consumer  and  Business  Services, Division  of  Finance  and  Corporate
     Securities   and  the  State  of  Washington  Department  of   Financial
     Institutions, Securities Division for their assistance in  this  matter.
     [SEC v. James Oh, Civil Action No. CV 02361 HU, Oregon] (LR-17428)

COURT  PERMANENTLY  ENJOINS GEORGIA INVESTMENT ADVISER  AND  ITS  CONTROLLING
SHAREHOLDER FROM FRAUD

     The Commission announced today that on March 11 the Honorable Robert  L.
     Vining of the United States District Court for the Northern District  of
     Georgia  entered orders of permanent injunction and other relief against
     John Raymond Linney Clain (Clain) and his investment adviser firm, Saint
     James  Asset Management, Inc. (St. James), both of Alpharetta,  Georgia.
     Clain  and  St.  James  were  ordered to pay disgorgement,  pre-judgment
     interest  and civil penalties in amounts to be resolved upon  motion  of
     the   Commission  at  a  later  date.   Relief  defendant  Clain  Family
     Corporation was ordered to pay disgorgement in an amount to be  resolved
     upon  motion  of the Commission at a later date.  Clain  and  St.  James
     consented  to the entry of the orders without admitting or  denying  the
     allegations of the Commission's complaint.

     The  complaint alleged that Clain and Saint James obtained over $960,000
     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.
     
     Judge  Vining's orders 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.   [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-17429)
COMMISSION  SUES  FOUR FLORIDA INDIVIDUALS FOR SELLING OVER  $10  MILLION  OF
BOGUS LIMITED LIABILITY PARTNERSHIP INTERESTS OVER THE INTERNET
                                      
     On  March  21, the Commission filed a civil action against four Florida-
     based individuals for offering and selling over $10 million of allegedly
     bogus  limited liability partnership (LLP) interests over the  Internet.
     The  Commission's  complaint,  which was  filed  in  the  United  States
     District Court for the Southern District of Florida, alleges that,  from
     approximately June 1998 to October 1999, defendants Larry Grabarnick and
     Marc David Shiner promoted investments in unregistered LLP units to  the
     public through bulk e-mails and Internet websites.  Interested investors
     responded  over  the  Internet by providing contact  information,  which
     Grabarnick and Shiner then sold as "leads" to defendants Donald  LaBarre
     and  Sarah Jane Peck.  The complaint alleges that LaBarre and Peck  used
     boiler  room  sales tactics to offer and sell the LLP units.   Investors
     were  told  they  would benefit from the deregulation  of  the  electric
     service  provider  market in California.  According  to  the  complaint,
     Grabarnick,   Shiner,   LaBarre   and  Peck   made   numerous   material
     misrepresentations  and  omissions to investors regarding,  among  other
     things,  the profitability of the investment, its likelihood of success,
     the  risk  and safety of the investment, and the need to invest quickly.
     For example, one investor was allegedly told that the only risk was that
     Los  Angeles  could  fall into the Pacific Ocean;  others  were  led  to
     believe  that  President and Hillary Clinton had made money  in  similar
     investments.
     
     According  to  the  complaint, more than 580 people nationwide  invested
     over  $10  million by purchasing units, or fractions thereof,  in  eight
     LLPs.   Each  LLP  consisted of 80 partnership  units,  each  valued  at
     $19,675,  for a total of $1,547,000 per fully funded partnership.   Many
     investors  were  elderly; many rolled over money  from  IRA  and  401(k)
     accounts.  According to the compliant, after all 80 units were sold,  or
     as many as could be, investors were told that the partnerships would not
     be viable and they were offered Over-the-Counter penny stock in exchange
     for  their  escrowed  funds.   None  of  the  partnerships  ever  became
     operational  electric companies.  The complaint alleges  that  investors
     are stuck with worthless partnership units and delisted penny stock.
          
     The  Commission  charges  Grabarnick,  Shiner,  LaBarre  and  Peck  with
     violations  of  Sections 5(a), 5(c) and 17(a) of the Securities  Act  of
     1933 and Sections 10(b) and 15(a) of the Securities Exchange Act of 1934
     and Rule 10b-5 thereunder, and seeks permanent injunctions, disgorgement
     of ill-gotten gains with prejudgment interest and civil penalties.  [SEC
     v.  Larry  Grabarnick, Marc David Shiner, Donald LaBarre and  Sara  Jane
     Peck, Case No. 02 Civ. 20875 (Leonard, J.) (S.D. Fla.)] (LR-17430)
     
SETH  MILLER PERMANENTLY ENJOINED IN WORLD VISION ENTERTAINMENT, INC.   PONZI
SCHEME

     On  December 5, 2001, Seth Miller was permanently enjoined for his  role
     in the World Vision Entertainment, Inc. (World Vision) Ponzi scheme.  On
     March  6,  2002, the Court entered a Final Judgment of Equitable  Relief
     against  defendant  Seth Miller, ordering him to  pay  disgorgement  and
     prejudgment  interest of $327,192, but waiving payment  of  disgorgement
     and  not  imposing  a  civil  penalty  based  on  Miller's  demonstrated
     inability  to  pay.   Miller  processed  the  notes  and  acted  as   an
     unregistered  broker-dealer in a nationwide Ponzi scheme  involving  the
     offer  and  sale of unregistered nine-month promissory notes  issued  by
     World Vision a company located in Altamonte Springs, Florida.
     
     The Commission's complaint in the action alleged that from June 1996  to
     August  1999,  Miller,  Jamie P. Piromalli, Steven  Brewer,  A.  Michael
     Jaillett,  and  Richard  Mann (collectively, "the Defendants"),  through
     World  Vision,  raised  at  least $64 million from  approximately  1,200
     investors  in  33  states  from  the  sale  of  promissory  notes.   The
     Defendants  offered  and  sold securities  in  the  form  of  nine-month
     promissory  notes  without registering them  with  the  Commission.   In
     furtherance  of  the  scheme, the Defendants, directly  and  indirectly,
     through  a  nationwide sales network, made numerous false and misleading
     statements  to  investors  about the World Vision  notes.   Through  the
     offering  materials  and  correspondence, the Defendants  misrepresented
     that the notes were unconditionally guaranteed and insured and that  all
     of  the proceeds of the offering would be used to develop World Vision's
     products.   In  reality, the Defendants used the proceeds  of  the  note
     offering  to  pay  for  the personal and business  expenses  of  company
     officers  and  directors, to cover interest and  principal  payments  to
     investors  and  to  pay  large, undisclosed  commissions  to  the  sales
     network.
     
     The  Court permanently enjoined Miller from violations of Sections 5(a),
     5(c)  and 17(a) of the Securities Act of 1933, and Sections 10(b), 15(a)
     and  15(c)  of  the  Exchange Act of 1934 and  Rules  10b-5  and  15c1-2
     thereunder.  [SEC v. Jamie P. Piromalli, et al., Civil Action No.  C2-00
     622, (S.D. OH)] (LR-17431)

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INVESTMENT COMPANY ACT RELEASES
     

NATIONWIDE LIFE INSURANCE COMPANY, ET AL.

     A notice has been issued giving interested persons until April 15, 2002,
     to  request  a  hearing  on  an application  filed  by  Nationwide  Life
     Insurance  Company,  et  al.  for  an order  exempting  applicants  from
     Sections  12(d)(1)(A)  and (B) of the Investment Company  Act  and  from
     Section  17(a)  of  the  Act.  The order would permit  certain  open-end
     management investment companies to acquire shares of registered open-end
     management  investment companies and registered unit  investment  trusts
     both  within and outside the same group of investment companies.   (Rel.
     IC-25492 - March 21)

FIRST AMERICAN INVESTMENT FUNDS, INC., ET AL.
     
     A notice has been issued giving interested persons until April 15, 2002,
     to  request  a  hearing  on  an  application  filed  by  First  American
     Investment Funds, Inc., et al., for an order under Section 6(c)  of  the
     Investment  Company  Act granting an exemption from Sections  18(f)  and
     21(b)  of  the  Act; under Section 12(d)(1)(J) of the  Act  granting  an
     exemption  from  Section 12(d)(1) of the Act; under  Sections  6(c)  and
     17(b)  of  the Act granting an exemption from Section 17(a) of the  Act;
     and  under  Section 17(d) of the Act and Rule 17d-1  under  the  Act  to
     permit  certain  joint  transactions.  The order  would  permit  certain
     registered open-end management investment companies to participate in  a
     joint  lending  and borrowing facility.  The order also  would  amend  a
     condition of a prior order.   (Rel. IC-25493 - March 21)


HOLDING COMPANY ACT RELEASES


CINERGY CORP.

     A  supplemental order has been issued authorizing a proposal by  Cinergy
     Corp.  (Cinergy), a registered holding company, to (i) engage indirectly
     through  nonutility  subsidiaries  in  energy  marketing  and  brokering
     activities in Mexico and (ii) to make adjustments to the capital  stock,
     preferred  stock,  or  limited  liability company  membership  interests
     (Equity  Securities) of subsidiaries in which Cinergy holds at  least  a
     50%  ownership interest.  The Commission has reserved jurisdiction  over
     Cinergy's  proposals  to:   (1)  engage  indirectly  through  nonutility
     subsidiaries  in energy marketing and brokering activities  outside  the
     United  States, Canada, and Mexico; (2) invest up to $1 billion  over  a
     ten-year  period  in nonutility energy-related assets  anywhere  in  the
     world;  and  (3) adjust the Equity Securities of subsidiaries  in  which
     Cinergy holds less than a 50% ownership interest.  (Rel. 35-27506)
     
CONECTIV, INC., ET AL.

     A  supplemental  order  has been issued releasing  jurisdiction  over  a
     proposal by Conectiv, Inc. (Conectiv), a registered holding company, and
     Conectiv's  nonutility and utility subsidiaries to use the  proceeds  of
     certain financing transactions to replace short-term debt with long-term
     debt.  (Rel. 35-27507)


SELF-REGULATORY ORGANIZATIONS
     

APPROVAL OF PROPOSED RULE CHANGE

     The  Commission  approved  a  proposed rule change  (SR-CBOE-00-12)  and
     granted  accelerated approval to Amendment No. 2 to  the  proposed  rule
     change  submitted  by  the Chicago Board Options Exchange  to  eliminate
     position  and  exercise limits for certain qualified  hedge  strategies.
     (Rel. 34-45603)



PROPOSED RULE CHANGE

     The  Government  Securities Clearing Corporation filed a  proposed  rule
     change  (SR-GSCC-2001-10) to establish a loss allocation cap for dealers
     acting as brokers on their repurchase agreement trades.  Publication  of
     the notice and order is expected in the Federal Register during the week
     of March 25.  (Rel. 34-45605)

EXTENSION OF TEMPORARY REGISTRATION AS A CLEARING AGENCY

     The  MBS  Clearing  Corporation filed (File No. 600-22)  a  request  for
     extension of its registration as a clearing agency under Section 17A  of
     the Act.  The Commission has extended MBSCC's temporary registration  as
     a  clearing agency through June 30, 2002.  Publication of the notice and
     order  is expected in the Federal Register during the week of March  25.
     (Rel. 34-45607)

DELISTINGS GRANTED

     An  order has been issued granting the application of the New York Stock
     Exchange  to  strike from listing and registration the  Class  A  Common
     Stock,  $01  par  value,  of Neff Corp., effective  at  the  opening  of
     business on March 22, 2002.  (Rel. 34-45616)

     An  order  has  been issued granting the application of the Philadelphia
     Stock Exchange to strike from listing and registration certain call  and
     put  options  contracts  issued  by  the  Options  Clearing  Corporation
     respecting  certain underlying securities, effective at the  opening  of
     business on March 22, 2002.  (Rel. 34-45617)

     An  order has been issued granting the application of the New York Stock
     Exchange to strike from listing and registration the Common Stock, $1.00
     par  value, of NCH Corporation, effective at the opening of business  on
     March 22, 2002.  (Rel. 34-45618)
     
     An  order has been issued granting the application of the New York Stock
     Exchange to strike from listing and registration the Common Stock,  $.01
     par  value,  of  The  FINOVA Group, Inc., effective at  the  opening  of
     business on March 22, 2002.  (Rel. 34-45619)

     An  order has been issued granting the application of the New York Stock
     Exchange  to strike from listing and registration the Common  Stock,  no
     par  value,  of  Corrpro Companies, Inc., effective at  the  opening  of
     business on March 22, 2002.  (Rel. 34-45620)

     An  order has been issued granting the application of the New York Stock
     Exchange to strike from listing and registration the Common Stock,  $.01
     par  value, of Exide Technologies, effective at the opening of  business
     on March 22, 2002.  (Rel. 34-45621)



     
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-8     CMGI INC, 100 BRICKSTONE SQUARE, STE B110, ANDOVER, MA, 01810,
        9786843600 - 4,150,000 ($6,515,500.00) Equity, (File 333-84648 -
        Mar. 21) (BR. 02)

S-3     MAGNUM HUNTER RESOURCES INC, 600 E LAS COLINAS BLVD, STE 1200, IVRVING,
        TX, 75039, 9724010752 - 0 ($125,761,782.00) Equity, (File 333-84650 -
        Mar. 21) (BR. 04)

S-1     MORGAN STANLEY  SPECTRUM TECHNICAL LP, 1221 AVE. OF THE AMERICAS,
        NEW YORK, NY, 10020, 2127626549 - 1,000,000 ($13,340,000.00) Equity,
        (File 333-84652 - Mar. 21) (BR. 05)

S-1     MORGAN STANLEY SPECTRUM CURRENCY LP,
        HARBORSIDE FINANCIAL CENTER PLAZA TWO, JERSEY CITY, NJ, 07311,
        2018764646 - 1,000,000 ($11,350,000.00) Equity, (File 333-84654 -
        Mar. 21) (BR. 05)

S-1     MORGAN STANLEY SPECTRUM SELECT LP,
        HARBORSIDE FINANCIAL CENTER PLAZA TWO, JERSEY CITY, NJ, 07311,
        2018764647 - 1,000,000 ($22,060,000.00) Equity, (File 333-84656 -
        Mar. 21) (BR. 08)

S-2     CALYPTE BIOMEDICAL CORP, 1265 HARBOR BAY PARKWAY, ALAMEDA, CA, 94502,
        5107495100 - 0 ($6,510,000.00) Equity, (File 333-84660 - Mar. 21)
        (BR. 36)

S-8     MAJESTIC COMPANIES LTD, 8880 RIO SAN DIEGO 8TH FLOOR, SAN DIEGO, CA,
        92108, 0 ($285,000.00) Equity, (File 333-84666 - Mar. 21) (BR. 06)

S-8     LCS GOLF INC, 24 E 12TH STREET, NEW YORK, NY, 10003,
        975,000 ($975,000.00) Other, (File 333-84668 - Mar. 21) (BR. 08)

S-8     MIRANT CORP, 1155 PERIMETER CENTER WEST, SUITE 100, ATLANTA, GA, 30338,
        6785795000 - 1,200,000 ($14,856,000.00) Equity, (File 333-84670 -
        Mar. 21) (BR. 02)

S-8     ANDRX CORP /DE/, 4955 ORANGE DRIVE, DAVIE, FL, 33314, 9545840300 -
        0 ($16,268,000.00) Equity, (File 333-84672 - Mar. 21) (BR. 01)

S-8     LITTLEFIELD CORP, 816 CONGRESS AVE, STE 1250, AUSTIN, TX, 78701,
        5124765141 - 1,500,000 ($2,850,000.00) Equity, (File 333-84674 -
        Mar. 21) (BR. 05)

S-8     MYKROLIS CORP, 80 ASHBY ROAD, BEDFORD, MA, 01730, 8006455476 -
        9,000,000 ($101,474,559.29) Equity, (File 333-84676 - Mar. 21) (BR. 36)

S-8     MYKROLIS CORP, 80 ASHBY ROAD, BEDFORD, MA, 01730, 8006455476 -
        1,000,000 ($13,030,000.00) Equity, (File 333-84678 - Mar. 21) (BR. 36)

S-8     ATLANTIC SYNDICATION NETWORK INC, P.O. BOX 30010, LAS VEGAS, NV,
        89173-0010, 7028719666 - 500,000 ($30,000.00) Equity, (File 333-84682-
        Mar. 21) (BR. 05)

S-8     RAVEN MOON INTERNATIONAL INC, 120 INTERNATIONAL PARKWAY, SUITE 220,
        HEATHROW, FL, 32746, 8,500,000 ($255,000.00) Other, (File 333-84686 -
        Mar. 21) (BR. 05)

S-8     ANTHEM INC, 120 MONUMENT CIRCLE, INDIANAPOLIS, IN, 46204, 3174886000-
        0 ($170,430,000.00) Equity, (File 333-84690 - Mar. 21) (BR. 01)

S-3     TOYOTA MOTOR CREDIT CORP, 19300 GRAMERCY PLACE, NORTH BUILDING,
        TORRANCE, CA, 90509, 3107871310 -
        1,000,000,000 ($1,000,000,000.00) Non-Convertible Debt,
        (File 333-84692 - Mar. 21) (BR. 07)

S-3     AGILENT TECHNOLOGIES INC, 395 PAGE MILL ROAD, MS A 3-10, PALO ALTO, CA,
        94306, 6507525000 - 0 ($1,150,000,000.00) Debt Convertible into Equity,
        (File 333-84694 - Mar. 21) (BR. 36)

S-3     BROCADE COMMUNICATIONS SYSTEMS INC, 1901 GUADALUPE PARKWAY, SUITE E,
        SAN JOSE, CA, 95131, 0 ($464,062,500.00) Debt Convertible into Equity,
        (File 333-84698 - Mar. 21) (BR. 03)

S-8     DOW CHEMICAL CO /DE/, 2030 DOW CENTER, MIDLAND, MI, 48674-2030,
        5176361000 - 6,000,000 ($161,700,000.00) Equity, (File 333-84700 -
        Mar. 21) (BR. 02)

S-3     PEGASUS SOLUTIONS INC, 3811 TURTLE CREEK BLVD, STE 1100, DALLAS, TX,
        75219, 2145285656 - 0 ($200,000,000.00) Other, (File 333-84702 -
        Mar. 21) (BR. 03)

S-8     SANMINA-SCI CORP, 2700 N FIRST ST, SAN JOSE, CA, 95134, 4089643500 -
        0 ($188,490,000.00) Equity, (File 333-84704 - Mar. 21) (BR. 36)

SB-2    MINDEN BANCORP INC, 415 MAIN STREET, MINDEN, LA, 71055, 3183770523 -
        0 ($6,546,380.00) Equity, (File 333-84706 - Mar. 21) (BR. )

S-8     KOALA INTERNATIONAL WIRELESS INC, 141-757 WEST HASTINGS, SUITE 676,
        VANCOUVER BC CANADA, TX, V6C1A1, 6046817806 -
        2,000,000 ($6,550,000.00) Equity, (File 333-84708 - Mar. 21) (BR. 09)

S-8     UTSTARCOM INC, 1275 HARBOR BAY PARKWAY, STE 100, ALAMEDA, CA, 94502,
        5108648800 - 0 ($134,662,699.99) Equity, (File 333-84710 - Mar. 21)
        (BR. 37)

S-8     BOSTON ACOUSTICS INC, 300 JUBILEE DRIVE, P O BOX 6015, PEABODY, MA,
        01961-6015, 5085385000 - 500,000 ($5,055,000.00) Equity,
        (File 333-84714 - Mar. 21) (BR. 02)

S-8     CALLAWAY GOLF CO /CA, 2180 RUTHERFORD RD, CARLSBAD, CA, 92008-8815,
        7609311771 - 1,500,000 ($29,625,000.00) Equity, (File 333-84716 -
        Mar. 21) (BR. 05)

S-8     PRI AUTOMATION INC, 805 MIDDLESEX TURNPIKE, BILLERICA, MA, 01821,
        9786704270 - 0 ($102,282,613.00) Equity, (File 333-84718 - Mar. 21)
        (BR. 36)

S-8     HARMONIC INC, 549 BALTIC WAY, SUNNYVALE, CA, 94089, 4085422500 -
        0 ($15,456,000.00) Equity, (File 333-84720 - Mar. 21) (BR. 37)

S-3     EMPIRE DISTRICT ELECTRIC CO, 602 JOPLIN ST, JOPLIN, MO, 64801,
        4176255100 - 200,000,000 ($200,000,000.00) Equity, (File 333-84722 -
        Mar. 21) (BR. 02)

S-8     CALLAWAY GOLF CO /CA, 2180 RUTHERFORD RD, CARLSBAD, CA, 92008-8815,
        7609311771 - 1,500,000 ($29,625,000.00) Equity, (File 333-84724 -
        Mar. 21) (BR. 05)

S-1     COMPUTER PROGRAMS & SYSTEMS INC, 6600 WALL STREET, MOBILE, AL, 36695,
        2516398100 - 3,450,000 ($62,100,000.00) Equity, (File 333-84726 -
        Mar. 21) (BR. )

S-3     LINCOLN NATIONAL CORP, 1500 MARKET STREET STE 3900,
        CENTRE SQUARE WEST TOWER, PHILADELPHIA, PA, 19102, 2194552000 -
        0 ($797,500,000.00) Other, (File 333-84728 - Mar. 21) (BR. 01)

S-1     LEASE EQUITY APPRECIATION FUND I LP,
        C/O LEAF PARTNERSHIP MANAGEMENT INC, 1845 WALNUT ST 10TH FL,
        PHILADELPHIA, PA, 19103, 215 546 5005 -
        500,000 ($50,000,000.00) Equity, (File 333-84730 - Mar. 21) (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
------------------------------------------------------------------------------------
3 D SYSTEMS CORP                        DE            X   X       02/20/02

AAMES CAPITAL ACCEPTANCE CORP           DE            X   X       03/13/02

AAMES CAPITAL ACCEPTANCE CORP           DE            X   X       03/15/02

ABBOTT LABORATORIES                     IL          X     X       03/15/02

ACACIA RESEARCH CORP                    DE                X   X   03/20/02

ACRODYNE COMMUNICATIONS INC             DE          X             11/16/01 AMEND

ALLIANT TECHSYSTEMS INC                 DE            X   X       03/21/02

AMERICAN TISSUE INC                     DE            X   X       03/08/02

ANACOMP INC                             IN            X           03/18/02

ANCHOR GLASS CONTAINER CORP /NEW        DE            X   X       03/15/02

APHTON CORP                             DE            X   X       03/21/02

ASCENTIAL SOFTWARE CORP                 DE            X   X       03/12/02

ASPHALT PAVING INTERNATIONAL INC        FL      X                 03/06/02

AVIATION DISTRIBUTORS INC               DE          X             02/26/02 AMEND

BB&T CORP                               NC          X     X       03/21/02

BERKSHIRE COLLECTION INC /DE/           DE      X     X   X       02/15/02

BIOMARIN PHARMACEUTICAL INC             DE            X           03/31/02

BRITTON & KOONTZ CAPITAL CORP           MS            X   X       02/08/02

BUCKEYE TECHNOLOGIES INC                DE            X           03/19/02

CALL-SOLUTIONS INC                      CA            X           03/19/02

CARNIVAL CORP                           DE      X                 02/28/02

CENTER TRUST INC                        MD            X   X       03/19/02

CHASE CREDIT CARD MASTER TRUST          NY            X   X       03/13/02

CHASE CREDIT CARD OWNER TRUST 2002-1    DE            X   X       03/13/02

CHELL GROUP CORP                        NY      X         X       03/15/02 AMEND

CHIQUITA BRANDS INTERNATIONAL INC       NJ            X   X       03/20/02

CHIRON CORP                             DE          X     X       03/05/02 AMEND

CLARITI TELECOMMUNICATIONS INTERNATIO   DE            X           03/21/02

CLEARONE COMMUNICATIONS INC             UT            X   X       03/19/02

CLUBCHARLIE COM INC                     NV          X             01/24/02

COLLATERAL THERAPEUTICS INC             DE            X   X       03/20/02

COMMERCIAL MORTGAGE PASS-THROUGH CERT   MO            X   X       03/12/02

COMPAQ COMPUTER CORP                    DE            X   X       03/20/02

CONSECO FINANCE SECURITIZATIONS CORP    DE            X   X       03/15/02

CORAM HEALTHCARE CORP                   DE        X   X   X       02/13/02

CORIXA CORP                             DE            X   X       03/12/02

CORRPRO COMPANIES INC /OH/              OH                X   X   03/20/02

CPS AUTO RECEIVABLES TRUST 1998-4       CA                X       02/28/02

CROSSMANN COMMUNITIES INC               IN            X   X       03/18/02

CWABS INC                               DE            X   X       03/04/02

CWABS INC                               DE            X   X       03/04/02

CYOKARAS CORP                                         X           03/18/02

DECODE GENETICS INC                     DE      X         X       03/18/02

DELHAIZE AMERICA INC                    NC          X     X       03/14/02

DEUTSCHE FLOORPLAN RECEIVABLES L P      DE            X   X       02/28/02

DEUTSCHE RECREATIONAL ASSET FUNDING C   NV            X   X       02/28/02

DICUT INC                                       X     X   X       02/25/02

DISTRIBUTION FINANCIAL SERVICES MARIN   NY            X   X       02/28/02

DISTRIBUTION FINANCIAL SERVICES RV MA   NV            X   X       02/28/02

DISTRIBUTION FINANCIAL SERVICES RV TR   NY            X   X       02/28/02

DISTRIBUTION FINANCIAL SERVICES RV TR   NY            X   X       02/28/02

DOCUCON INCORPORATED                    DE            X   X       03/20/02

DTOMI INC                               NV          X     X X     03/01/02 AMEND

ECHAPMAN INC                            MD          X     X       03/20/02

EMPIRE DISTRICT ELECTRIC CO             KS            X   X       03/21/02

EMPIRE FEDERAL BANCORP INC              DE            X   X       03/15/02

ESB FINANCIAL CORP                      PA            X   X       03/20/02

ESENJAY EXPLORATION INC                 OK            X           03/21/02

FIREBRAND FINANCIAL GROUP INC           DE            X           03/12/02

FIRST COMMUNITY BANCORP /CA/            CA      X         X       03/21/02

FNB BANCORP/CA/                                       X   X       03/20/02

FRANKLIN TELECOMMUNICATIONS CORP        CA          X     X       02/05/02 AMEND

GLB BANCORP INC                         OH            X   X       03/18/02

GLOBAL INDUSTRIES LTD                   LA                X   X   03/14/02

GSV INC                                 DE            X           03/18/02

HALLIBURTON CO                          DE            X   X       03/19/02

HANOVER COMPRESSOR CO /                 DE            X           03/20/02

HFC REVOLVING CORP                      DE            X   X       03/20/02

HOUSEHOLD CONSUMER LOAN TRUST 1996-1    DE                X       03/14/02

HOUSEHOLD CONSUMER LOAN TRUST 1996-2    DE                X       03/14/02

HOUSEHOLD CONSUMER LOAN TRUST 1997-1    DE                X       03/14/02

HOUSEHOLD CONSUMER LOAN TRUST 1997-2    DE                X       03/14/02

HOUSEHOLD CREDIT CARD MASTER NOTE TRU   DE                X       03/15/02

HOUSEHOLD FINANCE CORP HOUSEHOLD AFF    DE                X       03/15/02

HOUSEHOLD FINANCE CORP HOUSEHOLD CONS   DE                X       03/14/02

HOUSEHOLD INTERNATIONAL INC             DE            X   X       03/18/02

HOVNANIAN ENTERPRISES INC               DE            X   X       03/19/02

HRSI FUNDING INC II                     DE                X       03/15/02

IEC ELECTRONICS CORP                    DE            X   X       03/21/02

INHALE THERAPEUTIC SYSTEMS INC          DE            X   X       03/19/02

INPURPLE INC                            DE            X           03/20/02

IOMEGA CORP                             DE          X             03/21/02

JAMESON INNS INC                        GA            X   X       03/21/02

KENNAMETAL INC                          PA            X   X       03/21/02

KOGER EQUITY INC                        FL            X   X       12/06/01

KSL RECREATION GROUP INC                DE            X   X       12/22/00 AMEND

L90 INC                                 DE            X           03/21/02

LEATHER FACTORY INC                     DE            X   X       03/20/02

MACQUARIE SECURITISATION LTD            DE            X   X       03/20/02

MAGNUM HUNTER RESOURCES INC             NV            X   X       03/21/02

MANAGEMENT NETWORK GROUP INC                    X         X       03/06/02

MELLON RESIDENTIAL FUNDING CORP         DE            X   X       03/19/02

MERCK & CO INC                          NJ          X     X       03/21/02 AMEND

MINNESOTA CORN PROCESSORS LLC           CO                    X   03/21/02

MMCA AUTO OWNER TRUST 1999-2            DE            X   X       03/15/02

MMCA AUTO OWNER TRUST 2000-1            DE            X   X       03/15/02

MMCA AUTO OWNER TRUST 2000-2            DE            X   X       03/15/02

MMCA AUTO OWNER TRUST 2001 2            DE            X   X       03/15/02

MMCA AUTO OWNER TRUST 2001-1            DE            X   X       03/15/02

MMCA AUTO OWNER TRUST 2001-3            DE            X   X       03/15/02

MMCA AUTO OWNER TRUST 2001-4            DE            X   X       03/15/02

MORGAN STANLEY DEAN WITTER CAP I INC    DE            X   X       03/21/02

NATIONAL MERCANTILE BANCORP             CA            X   X       03/18/02

NON INVASIVE MONITORING SYSTEMS INC /   FL                X       03/13/02

NOVASTAR MORTGAGE FUNDING CORP          DE            X   X       03/20/02

ONEOK INC /NEW/                         OK                X   X   03/20/02

OSI SUPPORT SERVICES INC                WI            X           03/21/02

PETROQUEST ENERGY INC                   DE            X   X       03/21/02

PNC MORTGAGE ACCEPTANCE CORP            MO            X   X       03/12/02

PROTEIN DESIGN LABS INC/DE              DE            X   X       03/20/02

QUANTA SERVICES INC                     DE            X   X       03/13/02

REMINGTON OIL & GAS CORP                DE            X   X       03/20/02

RESIDENTIAL ASSET MORTGAGE PRODUCTS I   DE            X   X       03/21/02

RESIDENTIAL ASSET MORTGAGE PRODUCTS I   DE            X   X       03/20/02

RESIDENTIAL ASSET MORTGAGE PRODUCTS I   DE            X   X       03/21/02

RESIDENTIAL FUNDING MORTGAGE SECURITI   DE            X   X       03/20/02

RESTORATION HARDWARE INC                CA            X   X       03/21/02

RSA SECURITY INC/DE/                    DE            X   X       11/02/01

SAGEMARK COMPANIES LTD                  NY      X                 03/12/02

SCOTIA PACIFIC CO LLC                   DE                    X   03/20/02

SEARS CREDIT ACCOUNT MASTER TRUST II    IL            X   X       03/05/02

SOURCE MEDIA INC                        DE      X     X           03/16/02

SOUTHWESTERN ENERGY CO                  AR                X   X   03/20/02

ST MARY LAND & EXPLORATION CO           DE            X   X       03/20/02

STATEFED FINANCIAL CORP                 DE            X   X       03/13/02

SUNNYLAND HOLDINGS CORP                 DE          X             03/07/02

SURGILIGHT INC                          DE      X       X X       02/13/02

TELIGENT INC                            DE            X   X       03/15/02

TEXAS BIOTECHNOLOGY CORP /DE/           DE            X           03/21/02

THINKPATH INC                           A6            X   X       03/14/02

TOKN INC                                NY    X         X X       02/25/02

TORCHMARK CORP                          DE            X   X       03/19/02

TRAVELERS BANK CREDIT CARD MASTER TRU   DE            X   X       01/10/02

TRAVELERS BANK CREDIT CARD MASTER TRU   DE            X   X       12/10/01

TRAVELERS BANK CREDIT CARD MASTER TRU   DE            X   X       11/09/01 AMEND

TRIMBLE NAVIGATION LTD /CA/             CA            X           03/21/02

U S AGGREGATES INC                      DE                X       03/11/02

US UNWIRED INC                          LA      X         X       03/08/02

USA TECHNOLOGIES INC                    PA            X   X       03/15/02

VANDERBILT MORT & FIN INC SENIOR SUB    TN            X   X       03/07/02

VANS INC                                DE                X   X   03/20/02

VOLKSWAGEN DEALER FINANCE LLC           DE            X   X       03/20/02

WINSTON HOTELS INC                      NC            X   X       03/21/02

WOLVERINE TUBE INC                      DE            X   X       03/14/02

ZOMAX INC /MN/                          MN            X   X       03/19/02