SEC NEWS DIGEST


Issue 2002-195                                                   October 8, 2002

     

ENFORCEMENT PROCEEDINGS


MICHAEL  NICOLAOU  AND  PANAYIOTIS  PAPASERAPHIM  PERMANENTLY  ENJOINED  FROM
VIOLATING  ANTIFRAUD  PROVISIONS  OF THE SECURITIES  EXCHANGE  ACT;  NICOLAOU
BARRED FROM ASSOCIATION WITH ANY BROKER OR DEALER

     The  Commission  announced today that, on August 16,  2002,  the  United
     States District Court for the Eastern District of New York entered final
     judgments against Michael Nicolaou and Panayiotis Papaseraphim.  Without
     admitting or denying the Commission's allegations, Nicolaou consented to
     the  entry  of  a judgment which permanently enjoins him from  violating
     Section 10(b) of the Securities Exchange Act of 1934 (Exchange Act)  and
     Exchange  Act  Rule  10b-5.   The  judgment  requires  Nicolaou  to  pay
     disgorgement, along with prejudgment interest, in the amount of $22,419,
     and,  based upon his sworn representations in his Statement of Financial
     Condition,  waives payment of $21,859 and does not order him  to  pay  a
     civil penalty.
     
     The  Commission  also  announced today that it  instituted  and  settled
     administrative  proceedings,  pursuant  to  Sections  15(b)(6)  of   the
     Exchange  Act, against Nicolaou.  Under the Commission Order,  Nicolaou,
     without  admitting or denying the Commission's findings, is barred  from
     association with any broker or dealer.
     
     In  addition,  Papaseraphim consented to the entry of  a  judgment  that
     permanently enjoins him from violating Section 10(b) of the Exchange Act
     and  Exchange Act Rule 10b-5.  The judgment requires Papaseraphim to pay
     disgorgement,  along with prejudgment interest in the amount  of  $5,906
     and a penalty of $5,297.
     
     The  civil  action, filed in the United States District  Court  for  the
     Eastern  District of New York, is styled S.E.C. v. Eric Patton, et  al.,
     CV  02-2564  (filed April 30, 2001).  The Commission  in  its  complaint
     alleged,  among  other things, that Nicolaou passed material,  nonpublic
     information concerning the announcement of an acquisition of WLR  Foods,
     Inc. to, among others, Papaseraphim, his cousin.  Litigation Release No.
     17495 (April 30, 2002).
     
     The Commission's civil action against the remaining defendants is stayed
     while  the criminal prosecution in the Eastern District of New  York  is
     proceeding.  [SEC v. Eric Patton, et al., Civil Action No.  02  CV  2564
     (RR)(E.D.N.Y)] (LR-17775); Administrative Proceeding In  the  Matter  of
     Michael Nicolaou - (Rel. 34-46608; File No. 3-10910)
     
THE COMMISSION FILED A CIVIL CONTEMPT MOTION AGAINST DEFENDANT FOR FAILING TO
PRODUCE FOREIGN BANK RECORDS IN VIOLATION OF APRIL 29, 2002 COURT ORDER
     The Commission announced today that it filed a motion for civil contempt
     against defendant Steven E. Thorn for violating an April 29, 2002  Court
     Order  in  July 24, 2002.  Thorn, a resident of the Cleveland suburb  of
     Brecksville, Ohio, is charged with having fraudulently raised  over  $70
     million from hundreds of victims purportedly to finance trading in notes
     issued  by European banks. The Commission has alleged that the  supposed
     European  bank  trading venture does not exist and that  Thorn  in  fact
     conducted a Ponzi scheme. The Commission sued Thorn and others on  April
     2,  2001  and  obtained a temporary restraining order which  included  a
     provision freezing all Thorn's assets.
     In  the Court's April 29, 2002 Order stemming from Thorn's last contempt
     hearing  on  April  5, 2002, the Court had ordered  Thorn,  among  other
     things, to produce all foreign bank records within his control.  On July
     24,  2002, the Commission filed a new motion for civil contempt  against
     Thorn  after  he  failed  to provide any foreign  bank  records  to  the
     Commission.   As  his  defense, Thorn denies his  accessibility  to  his
     foreign bank records.
     On  September  6, 2002, after an evidentiary hearing on the Commission's
     July  24,  2002  contempt motion, the Honorable Edmund A.  Sargus,  Jr.,
     United States District Judge for the Southern District of Ohio, deferred
     ruling on the Commission's motion and directed the newly Court-appointed
     receiver  to obtain those foreign bank records.   The Court will  decide
     whether to impose sanctions against Thorn in the event that the receiver
     obtains  the foreign bank records in contradiction to Thorn's allegation
     that he cannot obtain them under foreign banking laws. [SEC v. Steven E.
     Thorn, et al., No. C2-01-290, Judge Sargus, SD Ohio] (LR-17772)

SEC  FILES MOTIONS TO SHOW CAUSE AGAINST DEFENDANTS INVOLVED IN WORLD  VISION
ENTERTAINMENT, INC. PONZI SCHEME

     On September 27, 2002, the Commission filed with the U.S. District Court
     for  the Southern District of Ohio, a Motion for an Order to Show  Cause
     why  Richard Mann should not be held in contempt for failing  to  comply
     with  the  Court's  Order  of April 8, 2002.  That  order,  among  other
     things,  required  Mann  to make disgorgement and  prejudgment  interest
     payments  totaling $2,116,870.  In addition, on September 30, 2002,  the
     SEC  filed  with  the U.S. District Court for the Southern  District  of
     Ohio, a similar motion against Jamie P. Piromalli, Steven Brewer, and A.
     Michael Jaillett for their failure to comply with the Court's Orders  of
     November 13, 2001 and January 22, 2002.  Combined, the November 13, 2001
     and  January  22,  2002 Orders, among other things, required  Piromalli,
     Brewer,  and  Jaillett  to  make disgorgement and  prejudgment  interest
     payments totaling $5,218,531.61, $651,933, and $346,689, respectively.
     
     The  Honorable  James L. Graham, U.S. District Court  for  the  Southern
     District   of  Ohio,  ordered  Mann,  Piromalli,  Brewer,  and  Jaillett
     (collectively,  Defendants)  to  make  the  described  disgorgement  and
     prejudgment  interest payments based on their roles in the World  Vision
     Entertainment,  Inc. (World Vision) Ponzi scheme.  The SEC's  complaint,
     filed  June  1,  2000,  alleged  that the Defendants  offered  and  sold
     securities   in   the  form  of  nine-month  promissory  notes   without
     registering  them  with  the  SEC. In furtherance  of  the  scheme,  the
     Complaint alleged that the Defendants, directly and indirectly,  through
     a   nationwide  sales  network,  made  numerous  false  and   misleading
     statements  to  investors about the World Vision notes.  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  allegedly
     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. Through World Vision, the Defendants,
     and others acting in concert with them, raised at least $64 million from
     approximately 1,200 investors in 33 states from the sale of World Vision
     promissory  notes.  As a result, when World Vision filed for  bankruptcy
     protection in September 1999, investors lost approximately $52  million.
     [SEC  v.  Jamie  P. Piromalli, et al., Civil Action No. C-2-00  622,  SD
     Ohio] (LR-17773)
                                      
TELEMARKETER  ORDERED  TO  PAY  MORE THAN $1.5 MILLION  IN  DISGORGEMENT  AND
PENALTIES IN CONNECTION WITH FRAUDULENT SECURITIES SCHEME
     
     The  Commission announced today that on August 27, 2002,  the  Honorable
     William  P. Dimitrouleas, United States District Judge for the  Southern
     District  of  Florida,  issued  an  order  imposing  disgorgement   with
     prejudgment interest in the amount of $1,487,271 and a civil penalty  of
     $50,000  against  Jeffrey  M. Goldberg for  his  role  in  a  fraudulent
     securities offering by Medical Research Industries, Inc. (MRI).
     
     In  a complaint filed in June 2001, the Commission alleged that, between
     1996  and  mid-1999,  Goldberg  was  responsible  for  overseeing  MRI's
     telemarketing operation and received commissions in connection with  the
     sale  of  MRI  stock.   MRI  was a Ft. Lauderdale  based  company  which
     allegedly manufactured and marketed homeopathic products, in patch form,
     for  a variety of health concerns, including weight loss, sex, and sleep
     disorders.   Through a series of fraudulent stock offerings, MRI  raised
     approximately  $52  million from more than 2,500  investors  nationwide,
     primarily physicians.
     
     Goldberg  had  previously consented, without admitting  or  denying  the
     allegations  in the Commission's complaint, to the entry of a  permanent
     injunction  for  violating  the securities  registration  and  antifraud
     provisions  federal securities laws.  The injunction  against  Goldberg,
     which  was entered on April 18, 2002, enjoins him from future violations
     of  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.

     For  more  information on earlier actions in this case,  see  Litigation
     Release  No.  17617   (July 16, 2002) and Litigation Release  No.  17399
     (March  6, 2002).  [SEC v. William J. Tishman, et al. Case No.  01-6952-
     CIV-Dimitrouleas (S.D. Fla.) (LR-17774)

SEC  FILES  FRAUD ACTION AGAINST ACLN, LTD., THREE OFFICERS AND THE COMPANY'S
AUDITING FIRM, BDO CYPRUS
     
Action Seeks Repatriation of $45 Million in Frozen Funds

     Today  the  Commission  filed a civil injunctive action  in  the  United
     States  District  Court  in  New  York  against  ACLN,  Ltd.,  a  Cyprus
     corporation operating from Antwerp, Belgium that purportedly ships  used
     vehicles  to  North and East Africa and sells new cars in  that  region.
     The complaint alleges that, from 1998 through the third quarter of 2001,
     ACLN  was  the vehicle for an exceptionally bold and elaborate financial
     fraud  that  resulted in losses of hundreds of millions  of  dollars  to
     investors in the U.S. and abroad.  Defendants Abderrazak "Aldo"  Labiad,
     Joseph  J.H.  Bisschops and Alex de Ridder, who controlled the  Company,
     are alleged by the Commission to have constructed a fraudulent scheme to
     represent ACLN as a substantial business entity with escalating  profits
     when  it  was,  in fact, little more than a shell company.    From  1998
     through 2001, specifically, they caused ACLN to grossly misrepresent its
     revenues  and  income, fabricate an entire line of business,  and  claim
     ownership  of  assets  that  did not exist  or  it  did  not  own.   The
     Commission alleges that Labiad, Bisschops and de Ridder exploited  their
     financial  fraud by selling over $80 million in ACLN stock  at  inflated
     prices.
     
     The  Commission and agencies of other governments working in cooperation
     with  it  have  frozen  approximately $45 million in  bank  accounts  in
     Denmark,  the  Netherlands, Luxembourg and Monaco, which the  Commission
     will seek to repatriate for distribution to defrauded shareholders.
          
     The common stock of ACLN was traded on the Nasdaq National Market System
     and,  additionally, on the New York Stock Exchange until March 18, 2002,
     when  it  was  de-listed  immediately  following  a  Commission  trading
     suspension.   ACLN's  market capitalization reached  approximately  $700
     million  in September 2001, but has subsequently declined to  a  nominal
     amount.
     
     The Commission's complaint names ACLN's former president, Labiad, former
     CEO,  Bisschops,  and  former COO, Ridder; three  offshore  corporations
     through  which those individuals are alleged to have engaged  in  fraudu
     lent  stock  transactions; six relief defendants alleged to  be  holding
     proceeds  of  the  illegal conduct; ACLN's former auditors:  the  Cyprus
     affiliate of BDO International; and two BDO Cyprus partners.
          
     According to the Commission's complaint:
     
     * In its Commission filings and press releases in 2000 and 2001, ACLN
       significantly overstated the volume of its used car transactions, and claimed
       substantial revenue from a purported new car sales operation that, in fact,
       never existed;
       
     * In a particularly brazen aspect of the fraud, ACLN grossly
       misrepresented the amount of its cash assets from 1998 through the third
       quarter of 2001.  For example, in its financial statements for the nine
       months ending September 30, 2001, ACLN claimed to have bank deposits of over
       $117 million.  The actual balance at that time was less than $2 million.
       This deception was furthered through the creation of forged bank documents
       that ACLN provided to its auditors;

     * ACLN does not own the largest physical asset on its balance sheet, the
       car-carrier vessel the Sea Atef, and, in any event, significantly inflated
       the vessel's value;

     * ACLN's auditors, BDO Cyprus, failed to conduct basic audit procedures
       that would have detected ACLN's financial fraud and its forgery of bank
       account statements;

     * Defendants Labiad, Bisschops and de Ridder exploited the success of
       their financial fraud by selling over $80 million of their holdings of ACLN
       stock at inflated prices.  To conceal their role in these transactions, and
       make the proceeds of the fraud difficult to trace, they acted through a
       complicated web of offshore corporations and bank accounts, created to
       facilitate the scheme..
  
     In its action, the Commission seeks, among other things, disgorgement of
     ill-gotten gains, civil money penalties, injunctions prohibiting  future
     violations of the securities laws, and, as to Labiad, Bisschops  and  de
     Ridder, officer and director bars.
     
     BDO  Cyprus  and its partners Minas Ioannou and Christakis Ioannou  have
     consented  to the entry of an order of the U.S. District Court enjoining
     them  from  violating the antifraud, reporting, books  and  records  and
     internal controls provisions of the federal securities laws.  They  have
     also consented to the entry of an order permanently suspending them from
     practicing  before  the  Commission as accountants.   In  addition,  BDO
     Cyprus  will  disgorge $62,196, which includes all audit  fees  received
     from ACLN.
     
     The  Commission gratefully acknowledges the assistance of the  following
     law  enforcement  authorities in its investigation of this  matter:  the
     United  States Attorney for the Southern District of New York; INTERPOL-
     Washington;  the Belgian Judicial Authorities, including the  Office  of
     the  Investigating  Judge, Antwerp Court, the  Prosecuting  Officer  for
     Financial  Crimes,  Antwerp,  and  the  Belgian  Federal  Police,  Money
     Laundering  Unit,  Antwerp; the Danish Financial Supervisory  Authority;
     the Danish Ministry of Justice; the Danish Public Prosecutor for Serious
     Economic  Crime;  the Luxembourg Commission de Surveillance  du  Secteur
     Financier;  the  Tribunal de Premire Instance de Monaco;  the  Banking,
     Insurance,   and  Securities  Commission  of  Norway;  the   Netherlands
     Authority  for the Financial Markets; the Netherlands Public Prosecution
     Service,  Criminal  Assets Deprivation Bureau; and  the  United  Kingdom
     Financial  Services  Authority.    [SEC v.  A.C.L.N.,  Ltd.;  Abderrazak
     "Aldo" Labiad; Joseph J.H. Bisschops; Alex de Ridder; Pearlrose Holdings
     International  S.A.; Emerald Sea Marine, Inc.; Scott  Investments  S.A.;
     BDO  International  (Cyprus);  Minas  Ioannou;  and  Christakis  Ioannou
     (Defendants); and Scandinavian Car Carriers A/S; Pandora Shipping, S.A.;
     Sergui,  Ltd.;  Westbound Development Corp.; Maverick Commercial,  Inc.;
     and  DCC  Limited (Relief Defendants), Civ. No. 02 CIV 7988  (S.D.N.Y.)]
     (LR-17776; AAE Rel. 1643)


INVESTMENT COMPANY ACT RELEASES


THE MEXICO FUND, INC.

     An  order  has  been issued on an application filed by The Mexico  Fund,
     Inc.  (Fund)  under Sections 6(c), 17(b) and 23(c)(3) of the  Investment
     Company  Act.   The  order permits the Fund to make periodic  repurchase
     offers in compliance with Rule 23c-3 under the Act, except that (a)  the
     repurchase  offers would be for between one and one hundred  percent  of
     the  Fund's  outstanding shares provided that the  Fund  will  offer  to
     repurchase  at least five percent of its outstanding shares each  fiscal
     year;  (b)  shareholders  participating in the repurchase  offers  would
     receive  in-kind  pro rata portfolio securities of the  Fund  for  their
     shares; and (c) the board of directors of the Fund would be able to  set
     and  reset the periodic interval between repurchase offers at three, six
     or  12 months upon prior notice to shareholders.  The order also permits
     the Fund to remain a closed-end management investment company should the
     Fund's  securities be deemed "redeemable securities" as a result of  the
     repurchase  offers  and  permits  certain  affiliated  shareholders   to
     participate in the repurchases.  (Rel. IC-25764 - October 7)
     

HOLDING COMPANY ACT RELEASES
     

NATIONAL FUEL GAS COMPANY, ET AL.

     A  notice  has been issued giving interested persons until  October  29,
     2002,  to  request a hearing on a proposal by National Fuel Gas  Company
     (NFG),  a  registered  holding company, National Fuel  Gas  Distribution
     Corporation,  National  Fuel  Gas  Supply  Corporation,  Horizon  Energy
     Development  Inc. and its subsidiaries, Highland Forest Resources  Inc.,
     Leidy  Hub  Inc., Data-Track Account Services Inc., Seneca  Independence
     Pipeline  Company,  Seneca Resources Corporation and  its  subsidiaries,
     Upstate  Energy  Inc., Niagara Independence Marketing Company,  National
     Fuel Resources Inc. and Horizon Power Inc. (collectively, Applicants).
     
     The  Applicants request approval to: a) carry out a program of  external
     financing,  credit support arrangements, and intrasystem  financing;  b)
     acquire  financing  subsidiaries and special  purpose  subsidiaries;  c)
     continue the NFG money pool; d) enter into hedging transactions; f) make
     changes in the capital structure of majority-owned Subsidiaries; and  g)
     reorganize Nonutility Subsidiaries.  Authority for the various  requests
     is  sought  for  the  period through December 31, 2005.   The  financing
     authority  sought in this proceeding will replace the current  financing
     order  for  NFG ("Current Financing Order') (HCAR No. 26847,  March  20,
     1998, as modified by HCAR No. 27170, April 21, 2000).  (Rel. 35-27573)
     

SELF-REGULATORY ORGANIZATIONS
     

AMENDMENT TO THE PLAN ALLOCATION REGULATORY RESPONSIBILITIES PURSUANT TO RULE
17D-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934

     The  American  Stock Exchange, the Chicago Board Options  Exchange,  the
     International   Securities  Exchange,  the   National   Association   of
     Securities  Dealers, the New York Stock Exchange, the Pacific  Exchange,
     and  the Philadelphia Stock Exchange submitted an amendment to the  plan
     for the allocation of regulatory responsibilities pursuant to Rule 17d-2
     of the Securities Exchange Act of 1934.  Publication of the amended plan
     is expected in the Federal Register during the week of October 7.  (Rel.
     34-46590)

APPROVAL OF PROPOSED RULE CHANGE

     The  Commission  approved  a  proposed  rule  change  (SR-NASD-2002-109)
     submitted by the National Association of Securities Dealers pursuant  to
     Section 19(b)(1) of the Securities Exchange Act of 1934 relating to fees
     for  Nasdaq's InterMarket.  Publication of the order is expected in  the
     Federal Register during the week of October 7.  (Rel. 34-46594)

AMENDMENT TO PROPOSED RULE CHANGE

     Two  amendments  to  a  proposed rule change  have  been  filed  by  the
     Cincinnati Stock Exchange (SR-CSE-2002-04) under Section 19(b)(1) of the
     Securities  Exchange Act of 1934 relating to the introduction  of  order
     delivery  and automated response for all securities traded on  the  CSE.
     Publication  of the proposal is expected in the Federal Register  during
     the week of October 7.  (Rel. 34-46599)

PROPOSED RULE CHANGE
     
     The Chicago Board Options Exchange filed a proposed rule change (SR-CBOE-
     2002-39) and Amendment Nos. 1 and 2 thereto pursuant to Rule 19b-4 under
     the  Securities Exchange Act of 1934 to make certain changes  pertaining
     to the enforcement of trading conduct and decorum policies.  Publication
     of  the proposal is expected in the Federal Register during the week  of
     October 7.  (Rel. 34-46600)


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     FOCUS ENHANCEMENTS INC, 1370 DELL AVE, CAMPBELL, CA, 95008,
        4088668300 - 270,000 ($337,500.00) Other, (File 333-100353 - Oct. 7)
        (BR. 03)

S-8     COMBINED PROFESSIONAL SERVICES INC, 2700 NORTH 29TH AVE, SUITE 305,
        HOLLYWOOD, FL, 33020, 9549275563 - 0 ($45,000.00) Equity,
        (File 333-100383 - Oct. 7) (BR. 09)

N-2     GLADSTONE CAPITAL CORP, 1750 TYSONS BLVD 4TH FLOOR, MCLEAN, VA, 22102,
        7037441165 - 0 ($75,000,000.00) Unallocated (Universal) Shelf,
        (File 333-100385 - Oct. 7) (BR. 17)

S-8     ON TECHNOLOGY CORP, WALTHAM WOODS, 880 WINTER STREET BUILDING 4,
        WALTHAM, MA, 02451-1449, 7814873300 - 0 ($876,000.00) Equity,
        (File 333-100386 - Oct. 7) (BR. 03)

S-8     ON TECHNOLOGY CORP, WALTHAM WOODS, 880 WINTER STREET BUILDING 4,
        WALTHAM, MA, 02451-1449, 7814873300 - 0 ($3,496,010.00) Equity,
        (File 333-100387 - Oct. 7) (BR. 03)

S-8     GLAXOSMITHKLINE PLC, GLAXO WELLCOME HOUSE, BERKELEY AVE,
        GREENFORD MIDDLESEX, X0, 00000, 011442089668000 -
        500,000 ($9,650,000.00) Equity, (File 333-100388 - Oct. 7) (BR. 01)

SB-2    CAPSOURCE FINANCIAL INC, 2305 CANYON BLVD, STE 103, BOULDER, CO, 80302,
        3032450515 - 3,000,000 ($5,250,000.00) Equity, (File 333-100389 -
        Oct. 7) (BR. )

S-3     SCRIPPS E W CO /DE, 312 WALNUT STREET, CININNATI, OH, 45202,
        5139773000 - 500,000,000 ($500,000,000.00) Non-Convertible Debt,
        (File 333-100390 - Oct. 7) (BR. 05)

S-3     CARDIMA INC, 47266 BENICIA STREET, FREMONT, CA, 94538, 5103540300 -
        0 ($7,896,666.25) Equity, (File 333-100392 - Oct. 7) (BR. 36)

S-8     GIGA INFORMATION GROUP INC, 139 MAIN STREET, CAMBRIDGE, MA, 02142,
        6179494900 - 200,000 ($234,000.00) Equity, (File 333-100393 - Oct. 7)
        (BR. 06)

S-8     GIGA INFORMATION GROUP INC, 139 MAIN STREET, CAMBRIDGE, MA, 02142,
        6179494900 - 500,000 ($585,000.00) Equity, (File 333-100394 - Oct. 7)
        (BR. 06)

S-1     HECLA MINING CO/DE/, 6500 MINERAL DRIVE SUITE 200, NONE, COEUR D'ALENE,
        ID, 83815-8788, 2087694100 - 5,995,248 ($21,403,036.00) Equity,
        (File 333-100395 - Oct. 7) (BR. 04)

S-3     MILESTONE SCIENTIFIC INC/NJ, 220 S ORANGE AVE,
        LIVINGSTON CORPORATE PARK, LIVINGSTON, NJ, 07039, 2013793171 -
        1,075,000 ($306,375.00) Equity, (File 333-100396 - Oct. 7) (BR. 36)

S-8     PETCO ANIMAL SUPPLIES INC, 9125 REHCO RD, SAN DIEGO, CA, 92121,
        6194537845 - 0 ($6,015,000.00) Equity, (File 333-100397 - Oct. 7)
        (BR. 02)

S-8     VALUE CITY DEPARTMENT STORES INC /OH, 6144714722 -
        0 ($18,000,000.00) Equity, (File 333-100398 - Oct. 7) (BR. 02)

S-3     ZIX CORP, 2711 NORTH HASKELL AVENUE, SUITE 2300, LB 36, DALLAS, TX,
        75204-2960, 214-370-2000 - 0 ($6,643,556.20) Equity, (File 333-100399 -
        Oct. 7) (BR. 03)

S-3     ZIX CORP, 2711 NORTH HASKELL AVENUE, SUITE 2300, LB 36, DALLAS, TX,
        75204-2960, 214-370-2000 - 0 ($4,259,647.50) Equity, (File 333-100400 -
        Oct. 7) (BR. 03)

S-3     FINANCIAL SECURITY ASSURANCE HOLDINGS LTD/NY/, C/O GENERAL COUNSEL,
        350 PARK AVE 13TH FLOOR, NEW YORK, NY, 10022, 2128260100 -
        0 ($650,000,000.00) Debt Convertible into Equity, (File 333-100401 -
        Oct. 7) (BR. 01)

S-4     TEXAS REGIONAL BANCSHARES INC, 3700 N TENTH STE 301, PO BOX 5910,
        MCALLEN, TX, 78501, 9566315400 - 0 ($4,613,835.00) Equity,
        (File 333-100402 - Oct. 7) (BR. 07)

S-1     ADVANCED VIRAL RESEARCH CORP, 200 CORPORATE BOULEVARD SOUTH, .,
        YONKERS, NY, 10107, 9143767383 - 0 ($4,938,162.00) Equity,
        (File 333-100403 - Oct. 7) (BR. 01)





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
------------------------------------------------------------------------------------
3DO CO                                  DE            X   X       10/01/02

AAMES FINANCIAL CORP/DE                 DE            X           10/04/02

ADELPHIA BUSINESS SOLUTIONS INC         DE          X     X       06/14/02    AMEND

ALLIANCE BANCSHARES CALIFORNIA          CA          X     X       10/02/02

AMERICA ONLINE LATIN AMERICA INC        DE                X   X   10/03/02

AMERICAN AIRLINES INC                   DE            X           10/04/02

AMERICAN TECHNOLOGY CORP /DE/           DE            X   X       10/07/02

AMR CORP                                DE            X           10/04/02

APPLERA CORP                            DE                X   X   10/02/02

ASV INC /MN/                            MN                X   X   10/07/02

BACH-HAUSER INC                         NV            X           09/12/02

BANCORP RHODE ISLAND INC                                  X   X   10/07/02

BANK OF AMERICA MORTGAGE SECURITIES I   DE            X   X       10/04/02

BE AEROSPACE INC                        DE                    X   10/07/02

BOSTON CELTICS LIMITED PARTNERSHIP /D   DE            X   X       09/27/02

BOSTON CELTICS LIMITED PARTNERSHIP II   DE            X   X       09/27/02

BOWNE & CO INC                          DE            X   X       09/30/02


CAPITAL BANCORP INC                     TN                X   X   10/07/02

CAPITOL COMMUNITIES CORP                NY      X         X       10/07/04

CASTLEGUARD ENERGY INC                  FL            X   X       09/26/02

CBRL GROUP INC                          TN            X   X       10/07/02

CBRL GROUP INC                          TN                X   X   10/07/02

CHELSEA PROPERTY GROUP INC              MD                X       08/20/02    AMEND

CLEVELAND ELECTRIC ILLUMINATING CO      OH            X   X       10/07/02

CONNECTIVITY TECHNOLOGIES INC           DE    X                   09/26/02

CORNERSTONE REALTY INCOME TRUST INC     VA            X   X       10/07/02

CROWN MEDIA HOLDINGS INC                DE            X   X       10/07/02

CSFB MORTGAGE PASS THROUGH CERTIFICAT   DE            X   X       03/25/02

CSFB MORTGAGE PASS THROUGH CERTIFICAT   DE            X   X       03/25/02

CSFB MORTGAGE PASS THROUGH CERTIFICAT   DE            X   X       03/25/02

CSX TRADE RECEIVABLES CORP              DE            X   X       09/25/02

CTC COMMUNICATIONS GROUP INC            DE        X       X       10/03/02

DILLARD ASSET FUNDING CO                DE            X   X       10/04/02

DIRECTPLACEMENT INC                     DE            X   X   X   10/04/02

DIVINE INC                              DE      X         X       09/27/02

DND TECHNOLOGIES INC                    NV      X     X   X       10/07/02    AMEND

DTVN HOLDINGS INC                       DE            X   X       10/07/02

DYNEX CAPITAL INC                       VA                    X   03/31/02

EDUCATION LOANS INC /DE                 DE                X       09/19/02

ELINE ENTERTAINMENT GROUP INC           NV                X       10/07/02    AMEND

EMPS CORP                               NV            X   X       07/30/02    AMEND

ENGAGE INC                              DE            X   X       10/04/02

ENTERGY CORP /DE/                       DE                X   X   10/07/02

EUROTECH LTD                            DC            X   X       09/25/02

EUROTECH LTD                            DC            X   X       09/24/02

EUROTECH LTD                            DC                X       09/09/02    AMEND

FIRST CYPRESS TECHNOLOGIES INC                  X                 09/26/02

FORD MOTOR CO                           DE            X   X       10/07/02

FORD MOTOR CREDIT CO                    DE            X   X       10/07/02

FRIEDMAN BILLINGS RAMSEY GROUP INC      VA                    X   10/07/02

GENERAL MILLS INC                       DE                X   X   10/07/02

GS MORTGAGE SEC CORP MORT PASS THR CE   DE            X   X       09/23/02

HOMECOM COMMUNICATIONS INC              DE          X     X       12/31/02

HOOKER FURNITURE CORP                   VA            X   X       10/07/02

HOST AMERICA CORP                       DE                  X     10/07/02

HPL TECHNOLOGIES INC                    DE            X           09/27/02

I A EUROPE INC                          DE          X     X       06/21/02

INDYMAC MBS INC                                       X   X       09/27/02

IROQUOIS GAS TRANSMISSION SYSTEM LP     DE            X   X       10/04/02

JEFFERIES GROUP INC /DE/                DE            X   X       10/07/02

KEY3MEDIA GROUP INC                     DE            X           08/22/02

KSW INC                                 NY          X     X       09/30/02

KUSHNER LOCKE CO                        CA            X           10/04/02

LIFEPOINT HOSPITALS INC                 DE                X   X   10/07/02

LONE STAR TECHNOLOGIES INC              DE      X         X       09/30/02

MARVEL ENTERPRISES INC                  DE            X   X       10/07/02

MEASUREMENT SPECIALTIES INC             NJ      X         X       09/20/02

MEDIUM4 COM INC                         DE    X           X       09/30/02

MORTGAGE ASSET SEC TRANS INC MORT PAS   DE            X   X       07/30/02

MULTINET INTERNATIONAL CORP INC         NV            X   X       10/02/02

NATCO GROUP INC                         DE            X   X       10/03/02

NATHANS FAMOUS INC                      DE            X   X       10/07/02

NAVIGANT CONSULTING INC                 DE      X         X       09/23/02

NAVISTAR FINANCIAL SECURITIES CORP      DE                  X     07/31/02

NETJ COM CORP                           NV            X           10/07/02

NETRATINGS INC                          DE            X   X       10/07/02

NEVADA HOLDING GROUP INC /NV/           NV            X   X       09/02/02

NORTHERN TRUST CORP                     DE            X   X       10/04/02

ONCURE TECHNOLGIES CORP                 FL            X   X       09/30/02

ONYX SOFTWARE CORP/WA                   WA            X           10/03/02

OPTIONS TALENT GROUP                    DE            X   X       10/07/02

OSTEOTECH INC                           DE            X           10/07/02

PACIFICHEALTH LABORATORIES INC          DE            X   X       10/01/02

PALWEB CORP                                         X     X       10/01/02

PASS THROUGH CERTIFICATES SERIES 2002   DE            X   X       10/01/02

PASS THROUGH CERTIFICATES SERIES 2002   DE            X   X       10/01/02

PATINA OIL & GAS CORP                   DE                    X   10/04/02

PEREGRINE SYSTEMS INC                   DE        X       X       09/22/02

PSYCHIATRIC SOLUTIONS INC               DE                X       08/05/02    AMEND

RADISYS CORP                            OR                X   X   10/07/02

REDDING BANCORP                         CA            X           10/04/02

REGENERATION TECHNOLOGIES INC           FL            X   X       10/02/02

REPEATER TECHNOLOGIES INC               DE        X   X   X       10/03/02

REPLIGEN CORP                           DE            X   X       10/04/02

RESIDENTIAL ASSET MORT PROD GMACM MOR                 X   X       09/25/02

RESIDENTIAL ASSET MORT PROD GMACM MOR                 X   X       09/25/02

RESIDENTIAL ASSET MORT PRODUCTS GMACM                 X   X       09/25/02

RESIDENTIAL ASSET MORTGAGE PRODUCTS I   DE            X   X       10/07/02

RICHARDSON ELECTRONICS LTD/DE           DE                    X   05/31/03

SALTON INC                              DE            X   X       10/07/02

SAMSONITE CORP/FL                       DE            X   X       10/04/02


SEARS ROEBUCK & CO                      NY            X   X       10/07/02

SELIGMAN NEW TECHNOLOGIES FUND II INC   MD                X   X   09/30/02

SELIGMAN NEW TECHNOLOGIES FUND INC                        X   X   09/30/02

SHIRE PHARMACEUTICALS GROUP PLC                       X   X       10/07/02

SK TECHNOLOGIES CORP                    DE            X           10/07/02

SMARTDISK CORP                          DE            X   X       09/27/02

SOCKET COMMUNICATIONS INC               DE            X           10/03/02

SPX CORP                                DE            X           10/01/02

TALK AMERICA                            DE            X           10/04/02

TECHLABS INC                                              X       10/07/02    AMEND

TELCO BLUE INC                          DE    X X         X       09/10/02    AMEND

TEN STIX INC                            CO          X     X       10/07/02

TENGTU INTERNATIONAL CORP               DE            X           10/03/02

THREE FIVE SYSTEMS INC                  DE                    X   10/07/02

TIDEWATER INC                           DE            X           10/07/02

TIER TECHNOLOGIES INC                   CA      X         X       07/25/02    AMEND

TRANSKARYOTIC THERAPIES INC             DE            X           10/02/02

TRICO MARINE SERVICES INC               DE            X   X       10/04/02

UIL HOLDINGS CORP                       CT            X   X   X   10/03/02

UNITED FIDELITY AUTO RECEIVABLES TRUS   DE            X   X       09/26/02

UNITED INDUSTRIAL CORP /DE/             DE            X   X       10/04/02

UNIVERSAL INSURANCE HOLDINGS INC        DE          X     X       09/30/02

WABASH NATIONAL CORP /DE                DE                    X   10/01/02

WAMU MORTGAGE PASS THROUGH CERT 2002-   DE            X   X       10/01/02

WAMU MORTGAGE PASS THROUGH CERTIFICAT   DE            X   X       10/01/02

WAMU MORTGAGE PASS THROUGH CERTIFICAT   DE            X   X       10/01/02

WAMU MORTGAGE PASS THROUGH CERTIFICAT   DE            X   X       10/01/02

WAMU MORTGAGE PASS THROUGH CERTIFICAT   DE            X   X       10/01/02


WAMU MORTGAGE PASS THROUGH CERTIFICAT   DE            X   X       10/01/02

WAMU MORTGAGE PASS THRU CERTS SERIES    DE            X   X       10/01/02

WAMU MORTGAGE PASS-THROUGH CERTIFICAT   DE            X   X       10/01/02

WASHINGTON MORTGAGE SEC CORP MORT PAS   DE            X   X       10/01/02

WASHINGTON MUTUAL MOR SEC CORP MOR PA   DE            X   X       10/01/02

WASHINGTON MUTUAL MOR SEC CORP MOR PA   DE            X   X       10/01/02

WASHINGTON MUTUAL MOR SEC CORP MOR PS   DE            X   X       10/01/02

WASHINGTON MUTUAL MORT SEC CORP MORT    DE            X   X       10/01/02

WASHINGTON MUTUAL MORT SEC CORP MORT    DE            X   X       10/01/02

WASHINGTON MUTUAL MORT SEC CORP WAMU    DE            X   X       10/01/02

WASHINGTON MUTUAL MORT SEC CORP WAMU    DE            X   X       10/01/02

WASHINGTON MUTUAL MORT SEC CORP WAMU    DE            X   X       10/01/02

WASHINGTON MUTUAL MORT SEC WAMU MOR P   DE            X   X       10/01/02

WASHINGTON MUTUAL MSC MORT PASS THROU   DE            X   X       10/01/02

WASHINGTON MUTUAL MSC MORT PASS THROU   DE            X   X       10/01/02

WASHINGTON MUTUAL MSC MORT PASS THROU   DE            X   X       10/01/02

WASHINGTON MUTUAL MSC MORTGAGE PASS T   DE            X   X       10/01/02

WASHINGTON MUTUAL MSC MORTGAGE PASS-T   DE            X   X       10/01/02

ZEPPELIN SOFTWARE INC                   DE                    X   10/07/02