UNITED STATES OF AMERICA
                                     Before the
                          SECURITIES AND EXCHANGE COMMISSION

          SECURITIES EXCHANGE ACT OF 1934
          Release No. 41144 / March 5, 1999

          ACCOUNTING AND AUDITING ENFORCEMENT
          Release No.  1114 / March 5, 1999

          ADMINISTRATIVE PROCEEDING
          File No. 3-9844


                                        :
                                        :
          In the Matter of              :    ORDER INSTITUTING PUBLIC
                                        :    PROCEEDINGS AND OPINION
          ANDREW L. OCONNELL, CPA      :    AND ORDER PURSUANT TO RULE
                                        :    102(e) OF THE COMMISSIONS
                    Respondent          :    RULES OF PRACTICE
                                        :



                                         I.

               The Securities and Exchange Commission ("Commission") deems
          it appropriate and in the public interest that public
          administrative proceedings be, and hereby are, instituted against
          Andrew L. OConnell ("OConnell"), a certified public accountant,
          pursuant to Rule 102(e)(3) of the Commissions Rule of
          Practice.[1]

                                         II.

               In anticipation of the institution of these public
          administrative proceedings, OConnell has submitted an Offer of
          Settlement which the Commission has determined to accept.  Solely
          for the purposes of these proceedings and any other proceedings
          brought by or on behalf of the Commission or to which the
          Commission is a party, and without admitting or denying the
          findings, except that he admits to the Commissions finding that
          a Final Judgment of Permanent Injunction ("Final Judgment") has
          been entered against him as set forth in Section III.C., and
          admits the jurisdiction of the Commission over him and over the
          subject matter of this proceeding, OConnell consents to the
          entry of this Order Instituting Public Proceedings and Opinion
          and Order Pursuant to Rule 102(e) of the Commissions Rules of
          Practice ("Order").

                                        III.

               On the basis of this Order and OConnells Offer of
          Settlement, the Commission makes the following findings:

               A.   OConnell, age 44, is and has been a certified public
          accountant licensed to practice in Florida since 1979.  He was
          the principal financial and accounting officer of Laser
          Photonics, Inc. ("LPI").  OConnell has practiced before the
          Commission within the meaning of Rule 102(f) of the Commissions
          Rules of Practice in connection with the preparation of LPIs
          financial statements and other documents.

               B.   LPI is a Delaware corporation that manufactures and
          markets medical and scientific laser systems.  During the
          relevant time period, LPIs principal executive offices were
          located in Orlando, Florida, and its common stock was registered
          with the Commission pursuant to Section 12(g) of the Securities
          Exchange Act of 1934 ("Exchange Act") and traded on NASDAQ.
          Reorganized in 1995 as a result of bankruptcy proceedings, LPIs
          stock now trades over-the-counter on the OTC Bulletin Board.

               C.   On September 30, 1997, the Commission filed a complaint
          against OConnell and others in Securities and Exchange
          Commission v. Mark T. Fukuhara, et al. ("SEC v. Fukuhara"), M.D.
          Fla., Civil Action No. 97-1191-CIV-ORL-18.  On December 22, 1998,
          OConnell consented to the entry of a Final Judgment against him
          in SEC v. Fukuhara, without admitting or denying the allegations
          in the complaint, except subject matter jurisdiction, which
          OConnell admitted.  On February 26, 1999, the United States
          District Court for the Middle District of Florida entered the
          Final Judgment, which permanently enjoins OConnell from
          violating Section 17(a) of the Securities Act of 1933
          ("Securities Act"), Sections 10(b) and 13(b)(5) of the Exchange
          Act and Rules 10b-5, 13b2-1 and 13b2-2 promulgated thereunder,
          and further enjoins him from aiding and abetting violations of
          Section 13(a), 13(b)(2)(A) and 13(b)(2)(B) of the Exchange Act
          and Rules 12b-20, 13a-1 and 13a-13 thereunder.

               D.   The Commissions complaint in SEC v. Fukuhara alleges,
          among other things, that in 1992 and 1993 OConnell participated
          in a scheme to defraud investors by causing LPI to materially
          inflate its revenues and profits by recording false sales on its
          books, and by improperly recording future sales in current
          periods. The inflated revenues and profits were reported in LPI's
          Form 10-K for the year ended December 31, 1992, and a Form S-1
          dated June 30, 1993, and caused the audited financial statements
          in these documents to be materially false and misleading.  The
          complaint also alleges that, to avoid detection of the scheme,
          OConnell actively deceived LPIs independent auditors by
          forging, altering and concealing corporate records, and by
          procuring false audit confirmations and other misleading
          statements from certain of LPIs customers.  According to the
          complaint, OConnell knew that the financial statements
          incorporated into LPIs Form 10-K for 1992, Forms 10-Q for the
          first and second quarters of 1993, and the Form S-1 dated June
          30, 1993, each of which was signed by OConnell and filed with
          the Commission, were materially false and misleading as a result
          of his conduct.

                                         IV.

               Based on the foregoing, the Commission deems it appropriate
          and in the public interest to accept the Offer of Settlement
          submitted by OConnell and accordingly,

               IT IS HEREBY ORDERED, effectively immediately, that:

               A.   OConnell is denied the privilege of appearing or
          practicing before the Commission as an accountant.

               B.   After five years from the date of this Order, OConnell
          may apply to the Commission by submitting an application to the
          Office of the Chief Accountant which requests that he be
          permitted to resume appearing or practicing before the Commission
          as:

                    1. a preparer or reviewer, or a person responsible for
               the preparation or review, of financial statements of a
               public company to be filed with the Commission upon
               submission of an application satisfactory to the Commission
               in which OConnell undertakes that, in his practice before
               the Commission, his work will be reviewed by the independent
               audit committee of the company for which he works or in some
               other manner acceptable to the Commission;

                    2. an independent accountant upon submission of an
               application containing a showing satisfactory to the
               Commission that:

                         a. OConnell, or any firm with which he is or
                    becomes associated with in any capacity, is and will
                    remain a member of the SEC Practice Section of the
                    American Institute of Certified Public Accountants
                    Division for CPA Firms ("SEC Practice Section") as long
                    as he appears or practices before the Commission as an
                    independent accountant;

                         b. OConnell, or the firm, has received an
                    unqualified report relating to his or the firms most
                    recent peer review conducted in accordance with the
                    guidelines adopted by the SEC Practice Section; and

                         c. OConnell will comply with all applicable SEC
                    Practice Section requirements, including all
                    requirements for periodic peer reviews, concurring
                    partner reviews, and continuing professional education,
                    as long as he appears or practices before the
                    Commission as an independent accountant.

                    3. The Commission's review of any request or
               application by OConnell to resume appearing or practicing
               before it may include, in addition to the matters referenced
               above, of any other matters relating to OConnells
               character, integrity, professional conduct, or
               qualifications to appear or practice before the Commission.


          By the Commission.



                                             Jonathan G. Katz
                                             Secretary

          **FOOTNOTES**

            [1]: Paragraph (3) of Rule 102(e) provides, in relevant part, that:

            ...(i) The Commission, with due regard to the public interest...may...suspend
            from appearing or practicing before it any...accountant...who has been by
            name...permanently enjoined by any court of competent jurisdiction, by reason
            of his or her misconduct in an action brought by the Commission, from
            violating or aiding and abetting the violation of any provision of the Federal
            securities laws or of the rules and regulations thereunder.