SEC NEWS DIGEST


Issue 2002-87                                               May 6, 2002
     


COMMISSION ANNOUNCEMENTS


SEC NAMES LAWRENCE HARRIS CHIEF ECONOMIST

     Chairman  Harvey L. Pitt today announced that the  Commission  has
     named Professor Lawrence E. Harris as Chief Economist and head  of
     the Commission's Office of Economic Analysis.  As chief economist,
     Dr.  Harris  will advise the Commission and its staff on  critical
     economic  issues,  recommend and initiate  major  policy  projects
     designed  to make the Commission's regulations more efficient  and
     effective,  and oversee staff analysis of the economic  impact  of
     SEC regulatory actions, policies and proposals.
     
     Dr.  Harris,  45, will join the Commission July 1  on  a  two-year
     leave of absence from the University of Southern California, where
     he  holds  the  Fred V. Keenan Chair in Finance  at  the  Marshall
     School  of  Business.   He  will succeed  Acting  Chief  Economist
     William  J. Atkinson, who is retiring in July after 30 years  with
     the Commission.
     
     "As  chief  economist, Larry will play a critical role in  helping
     the Commission achieve our immediate goal of putting state-of-the-
     art  economic analysis at the heart of every Commission policy and
     regulatory   decision,"  Pitt  said.   "Innovations   in   trading
     technologies, trading products, financial disclosure and corporate
     financing depend on the formation of effective public policy borne
     of  a  full understanding of economic costs and benefits.  I  look
     forward  to  working  with Larry to help us develop  and  maintain
     world-class  economic  capacity to ensure  that  the  Commission's
     initiatives  protect investors and promote markets  that  function
     fairly and efficiently."
          
     "Larry  will  certainly  benefit from  Bill  Atkinson's  excellent
     stewardship  of  our  economic analysis operations,"  Pitt  added.
     "The  Commission  owes  Bill  a deep debt  of  gratitude  for  the
     talented leadership and expertise that he provided throughout  his
     distinguished  career of public service, and  we  wish  him  every
     future happiness and success."
     
     "Larry  brings great depth of knowledge and expertise on the  wide
     range  of  issues  facing the Commission," said  SEC  Commissioner
     Cynthia  A.  Glassman, who also holds a Ph.D. in  economics.   "As
     important,  Larry  also understands the practical  application  of
     economic  theories  and the need to provide information  that  the
     investing public can understand."
          
     "The  tremendous prosperity of our economy depends  critically  on
     having  fair  and fully functioning markets," Harris said.   "Good
     markets  do  not  just happen.  They depend  on  the  SEC  working
     closely  with  fellow  regulators and the securities  industry  to
     ensure  that our markets function fairly and efficiently.  I  look
     forward  to  addressing  today's regulatory  challenges  with  the
     assistance  of  my new colleagues in the Directorate  of  Economic
     Analysis.   I  appreciate  the  confidence  that  Chairman   Pitt,
     Commissioners  Glassman  and  Hunt  and  the  senior  staff   have
     expressed in me for this position."
          
     Harris  received  his Ph.D. in Economics from  the  University  of
     Chicago  in  1982,  where  he examined price-volume  relations  in
     securities markets. He is an expert in the economics of securities
     market  microstructure  and  the  uses  of  transactions  data  in
     financial  research.   He  has  also  written  extensively   about
     exchange trading rules, volatility and stock index markets.
     
     Harris  is  also  the  author of "Trading and  Exchanges:   Market
     Microstructure   for   Practitioners,"  a   book   scheduled   for
     publication  in  September.   The book  will  provide  a  complete
     overview-in plain English-of how markets work and how people trade
     in them.  The book will also explain liquidity, transaction costs,
     volatility,  informative prices, and trader profits.  (Press  Rel.
     2002-60)


RULES AND RELATED MATTERS


LIST  OF  FOREIGN  ISSUERS THAT HAVE SUBMITTED  INFORMATION  UNDER  THE
EXEMPTION RELATING TO CERTAIN FOREIGN SECURITIES

     On  May  1,  the  Commission issued a release that  lists  foreign
     companies  that claim the exemption under Exchange Act Rule  12g3-
     2(b).  That  rule  provides an exemption from  registration  under
     Section  12(g) of the Securities Exchange Act of 1934 with respect
     to  a foreign private issuer that submits to the Commission, on  a
     current  basis, the material required by the Rule. The purpose  of
     this  release is to call to the attention of brokers, dealers  and
     investors,  that  some  form  of  relatively  current  information
     concerning the issuers included in this list is available  in  the
     Commission's  public files. This list appears on the SEC  website.
     For further information, please contact Michael Coco, Division  of
     Corporation Finance, Office of International Corporation  Finance,
     at  (202)  942-2990.   (Rel. 34-45855; International  Series  Rel.
     1257)
     

	 
ENFORCEMENT PROCEEDINGS


ORDER ENTERED AGAINST TRANSFER AGENT AND ITS PRESIDENT
  
     On  May  3,  the Commission entered a consent order  revoking  the
     transfer  agent  registration of Lone  Star  Transfer,  Inc.,  for
     violations  of  the  transfer  agent  registration  and  reporting
     provisions  of  the  federal securities laws,  found  at  Sections
     17(a)(3), 17A(d)(1) and 17A(c) of the Securities Exchange  Act  of
     1934.   The consent order also bars Lone Star's president, Stanley
     P. Eisenberg, from association with any transfer agent, and orders
     him  to cease and desist from causing any violation and any future
     violation  of  Sections  17(a)(3), 17A(d)(1)  and  17A(c)  of  the
     Exchange Act.  Lone Star and Eisenberg are also ordered to  pay  a
     civil  penalty in the aggregate amount of $10,000.   In its order,
     the  Commission found that Eisenberg caused Lone Star  to  file  a
     Form  TA-1 that falsely identified Eisenberg as its control person
     and  failed  to identify its true control person, and also  caused
     Lone  Star  to fail to file its annual report for the  year  2000.
     The  Commission earlier brought an injunctive action against  Lone
     Star's  true control person, charging him with violations  of  the
     securities  registration and antifraud provisions of  the  federal
     securities laws.  (Rel. 34-45870; File No. 3-10776)
     
GEMISYS  CORPORATION AND STEPHEN FINN CHARGED WITH REPEATED  VIOLATIONS
OF TRANSFER AGENT RULES

     On  May  3, the Commission instituted a public administrative  and
     cease-and-desist  proceedings  against  Gemisys   Corporation,   a
     registered  transfer agent in Englewood, Colorado, and  its  chief
     executive  officer, Stephen A. Finn, a California  resident.   The
     Division  of Enforcement (Division) alleges that from  April  1992
     through  October 2001, Gemisys repeatedly violated  various  rules
     applicable  to  transfer agents.  The Division also alleges  that,
     among  other  violations,  Gemisys  failed  to:   (i)  timely  and
     properly  report  lost  or  stolen securities  to  the  Securities
     Information  Center;  (ii)  maintain proper  records  relating  to
     letters of appointment, routine items presented for transfer, non-
     routine  items  and turnaround time; and (iii) maintain  a  proper
     control book for each issuer and keep each issue in balance.   The
     Division  also contends that Finn willfully aided and abetted  and
     caused Gemisys' violations of the transfer agent rules.
     
     The  Commission  instituted public administrative  and  cease-and-
     desist   proceedings  against  Gemisys  and  Finn   (collectively,
     Respondents)  to  determine whether:  (i) the allegations  against
     Respondents  are true and to afford Respondents an opportunity  to
     establish  any  defense  to such allegations;  (ii)  any  remedial
     action  is  appropriate in the public interest against Respondents
     pursuant to Sections 17A(c)(3) and 17A(c)(4) of the Exchange  Act;
     (iii)  civil  penalties  should  be  ordered  against  Respondents
     pursuant to Section 21B of the Exchange Act; and (iv) pursuant  to
     Section  21C  of  the  Exchange Act, Gemisys and  Finn  should  be
     ordered  to cease and desist from committing or causing violations
     of and any future violations of Sections 17(a)(3) and 17A(d)(1) of
     the Exchange Act and Rules 17Ac2-1; 17Ac2-2; 17Ad-6; 17Ad-7; 17Ad-
     10;   17Ad-12;  17Ad-13;  17Ad-15;  17Ad-16;  17f-1;   and   17f-2
     thereunder.
     
     A  hearing will be scheduled before an administrative law judge to
     determine whether the allegations contained in the Order are true,
     to  provide  the  Respondents  an  opportunity  to  dispute  these
     allegations,  and  to  determine  what  sanctions,  if  any,   are
     appropriate in the public interest.  (Rel. 34-45874; File  No.  3-
     10777)

IN THE MATTER OF ERICH KLINE

     On May 3, the Commission entered an Order Instituting Proceedings,
     Making  Findings  and Imposing Remedial Sanctions (Order)  against
     Erich  A.  Kline (Kline) for violations of the federal  securities
     laws  including  those relating to insider trading.  Kline,  while
     neither  admitting nor denying the Order's findings, submitted  an
     Offer  of  Settlement in which he consented to the  entry  of  the
     Order  which bars him from association with any broker, dealer  or
     investment adviser.

     The  Order  finds  that Kline was a registered representative  for
     various  broker-dealers  registered with the  Commission  from  at
     least 1996 through 2000. The Order further finds that on April 17,
     2002  the  United  States  District  Court  for  the  District  of
     Minnesota entered an Order of Permanent Injunction against  Kline,
     pursuant to his consent and without Kline admitting or denying the
     allegations  in the Commission's complaint, enjoining  Kline  from
     violating  Sections  10(b),  16(a) and  16(c)  of  the  Securities
     Exchange  Act  of  1934  and  Rules 10b-5  and  16a-3  promulgated
     thereunder.  The  Commission's complaint alleged  that  from  1989
     through  March 2001, Kline, along with others, engaged in a  wide-
     ranging   scheme   to   secretly  trade  on  material   non-public
     information  related to a number of Minneapolis  corporations.  In
     addition,  the  Commission's complaint alleged that  Kline,  along
     with  others,  took  part in a concerted  effort  to  conceal  the
     trading  activity from law enforcement authorities and regulators,
     including  the Commission. The complaint also alleged that  Kline,
     along with others, conspired to illegally engage in the short sale
     of  the  stock  of  companies on which his father,  George  Kline,
     served as a board member in violation of federal law.

     The  Order  further finds that on April 17, 2002,  in  a  separate
     criminal  matter the United States District Court for the District
     of  Minnesota  accepted  Kline's plea  of  guilty  and  entered  a
     conviction  against him for conspiracy to commit securities  fraud
     and  mail  fraud  in  violation of 18 U.S.C.  371  and  15  U.S.C.
     78j(b)  and  78ff(a). Finally, the Order finds that  the  criminal
     indictment  against Erich Kline in that case was based on  conduct
     similar to that alleged in the Commission's complaint.
     
     Pursuant  to  his Offer of Settlement, the order bars  Kline  from
     association with any broker, dealer or investment adviser.   (Rel.
     34-45878; IA-2033; File No. 3-10778)
     
SEC SUES NEW JERSEY COMPANY, FLORIDA TELEMARKETER FOR BILKING INVESTORS
IN INTERNET SCAM

     On  May 3, the Commission sued a New Jersey company, alleging that
     it  defrauding investors out of at least $2 million since  October
     2001  in  an  e-mail marketing scam. According to the  Commission,
     U.S.  Funding Corporation guaranteed investors annual  returns  of
     20%  to  25%.  Instead, the complaint alleges  that  U.S.  Funding
     diverted  so  much  of the investment proceeds to  its  president,
     Angelica   Gwinnett   of  Paramus,  New   Jersey,   and   to   its
     telemarketers,  that  it is impossible for  investors  to  recover
     their  principal,  much  less earn the promised  returns.  On  the
     Commission's  motion,  the  court  issued  an  order   temporarily
     restraining   defendants   from  violating   the   antifraud   and
     registration  provisions of the federal securities laws,  freezing
     defendants' assets, and granting other emergency relief.

     In  a complaint filed in the United States District Court for  the
     District  of New Jersey, the Commission alleges that U.S.  Funding
     and  Gwinnett  hired  telemarketers to solicit  investors  in  its
     accounts receivable factoring business - the practice of buying  a
     company's  receivables at a discount. Persons  responding  to  the
     spam  e-mail received documents in which U.S. Funding  claimed  to
     have  been in business since 1998, as well as financial statements
     showing  substantial  assets and revenue. The  Commission  alleges
     that  the  representations  were entirely  false;  in  fact,  U.S.
     Funding did not even begin operations until December 2001, several
     months after it had begun to spam investors.

     According to the complaint, U.S. Funding promised to pay investors
     20%  in annual returns, or 25% annually for a two-year investment,
     plus  the  full return of their principal at the end of the  term.
     Although  U.S.  Funding  used some of  the  proceeds  to  purchase
     accounts  receivable, the Commission alleges that, unbeknownst  to
     investors,  35%  of  investor funds were going to  U.S.  Funding's
     telemarketers. In addition, Gwinnett misappropriated over $300,000
     for personal use. Among other things, Gwinnett withdrew $75,000 of
     investor  funds for a weekend in Las Vegas. As a result  of  these
     and other undisclosed expenditures, investors cannot possibly earn
     the promised returns.

     The  Commission's complaint charges U.S. Funding and Gwinnett with
     violating the antifraud and registration provisions of the federal
     securities laws, specifically 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 10-5 thereunder. The Commission also charged
     the  company's telemarketing firm, Florida-based Capital  Concepts
     Marketing  and  its  president, Charles Fremer of  Coral  Springs,
     Florida, with violating the registration provisions and acting  as
     unregistered securities brokers in violation of Section  15(a)  of
     the  Securities Exchange Act. In addition to emergency relief, the
     Complaint   seeks   permanent   injunctions   prohibiting   future
     violations  of  the  securities  laws,  disgorgement,  and   civil
     penalties.   [U.S.  Funding  Corporation,  U.S.  Funding  Company,
     Capital  Concept  Marketing, Inc., Angelica Gwinnett  and  Charles
     Fremer,  USDC, District of New Jersey, Civil Action  No.  02-2089,
     KSH] (LR-17503)


INVESTMENT COMPANY ACT RELEASES
     

THE MEXICO FUND, INC. AND IMPULSORA DEL FONDO MXICO, S.A. DE C.V.

     A notice has been issued giving interested persons until May 24 to
     request a hearing on an application filed by The Mexico Fund, Inc.
     and  Impulsora del Fondo Mxico, S.A. de C.V. requesting an  order
     under Section 17(b) of the Investment Company Act for an exemption
     from  Section 17(a) of the Act to permit an in-kind repurchase  of
     shares of the Fund held by affiliated persons of the Fund.   (Rel.
     IC-25564 -May 1)
     

SELF-REGULATORY ORGANIZATIONS
     

APPROVAL OF PROPOSED RULE CHANGES

     The  Commission approved a proposed rule change submitted  by  the
     Municipal  Securities Rulemaking Board (SR-MSRB-2002-04)  relating
     to MSRB Rule G-14, on reports of sales or purchases.  The approval
     order  is expected in the Federal Register during the week of  May
     6.  (Rel. 34-45861)
     
     The Commission approved proposed rule changes (SR-DTC-2000-21, SR-
     OCC-2001  -01,  SR-NSCC-2001-13, SR-EMCC-2001-02, SR-GSCC-2001-12,
     and  SR-MBSCC-2001-03) filed by The Depository Trust Company,  The
     Options   Clearing   Corporation,  National  Securities   Clearing
     Corporation,  Emerging  Markets Clearing  Corporation,  Government
     Securities  Clearing  Corporation, and  MBS  Clearing  Corporation
     (collectively,  clearing  agencies), respectively,  under  Section
     19(b)(1)  of  the  Exchange  Act. The order  allows  the  clearing
     agencies  to  enter into a multilateral cross-guaranty  agreement.
     Publication  of  the proposal is expected in the Federal  Register
     during the week of May 6. (Rel. 34-45868)

     The Commission approved a proposed rule change and Amendment No. 1
     thereto submitted by the New York Stock Exchange amending Exchange
     Rule  351 concerning the reporting of criminal offenses by members
     and member organizations to the Exchange (SR-NYSE-2002-06).  (Rel.
     34-45869)

ACCELERATED APPROVAL OF PROPOSED RULE CHANGE

     The  Commission  granted accelerated approval to a  proposed  rule
     change  (SR-Phlx-2002-22)  submitted  by  the  Philadelphia  Stock
     Exchange  to  extend  a pilot program to disengage  its  automatic
     execution system (AUTO-X) for a period of thirty seconds after the
     number of contracts automatically executed in a given option meets
     the  AUTO-X minimum guarantee for that option.  Publication of the
     proposal  is expected in the Federal Register during the  week  of
     May 6.  (Rel. 34-45862)

PROPOSED RULE CHANGES

     The American Stock Exchange filed a proposed rule change (SR-Amex-
     2002-33) and Amendment No. 1 thereto relating to proprietary order
     routing  facilities for Amex Listed Options.  Publication  of  the
     proposal  is expected in the Federal Register during the  week  of
     May 6.  (Rel.  34-45864)
     
     The Depository Trust Company filed a proposed rule change (SR-DTC-
     2001-19)  to  allow  DTC  to establish the  Automated  Corporation
     Action Program relating to the exercise of warrant, conversion and
     put option privileges.  Publication of the proposal is expected in
     the Federal Register during the week of May 6.  (Rel. 34-45867)

IMMEDIATE EFFECTIVENESS OF PROPOSED RULE CHANGE

     A  proposed rule change filed by the Pacific Exchange relating  to
     the  reduction of a surcharge fee for the automatic  execution  of
     broker-dealer  orders (SR-PCX-2002-21) has become effective  under
     Section  19(b)(3)(A)  of  the Securities  Exchange  Act  of  1934.
     Publication  of  the proposal is expected in the Federal  Register
     during the week of May 6.  (Rel. 34-45872)

WITHDRAWAL GRANTED

     An  order  has been issued granting the application of  FBR  Asset
     Investment  Corporation to withdraw its Common  Stock,  par  value
     $.01  per  share,  from listing and registration on  the  American
     Exchange,  effective at the opening of business on  May  6,  2002.
     (Rel. 34-45871)

DELISTINGS GRANTED

     An  order has been issued granting the application of the American
     Stock  Exchange  to strike from listing and registration  the  10%
     Convertible Bonds (due 2005), of Stockwalk Group, Inc.,  effective
     at the opening of business on May 6, 2002.  (Rel. 34-45875)
     
     An  order has been issued granting the application of the American
     Stock  Exchange to strike from listing and registration the Common
     Stock,  $1.00 par value, of Newcor, Inc., effective at the opening
     of business on May 6, 2002.  (Rel. 34-45876)
     
     An  order has been issued granting the application of the American
     Stock  Exchange to strike from listing and registration the Common
     Stock,  $.01  par  value, of Easyriders, Inc.,  effective  at  the
     opening of business on May 6, 2002.  (Rel. 34-45877)


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     INTER TEL INC, 1615 S. 52ND STREET, ., TEMPE, AZ, 85281, 480-449-8900 -
          500,000 ($9,610,000.00) Equity, (File 333-87474 - May. 3) (BR. 37)
  
  S-8     FIRST ALBANY COMPANIES INC, 30 S PEARL ST, ALBANY, NY,   12207,
          5184478673 - 0 ($6,750,000.00) Other, (File 333-87476 - May. 3) (BR. 07)
  
  S-8     RAVEN MOON INTERNATIONAL INC, 120 INTERNATIONAL PARKWAY, SUITE 220,
          HEATHROW, FL, 32746, 10,000,000 ($200,000.00) Other, (File 333-87478 -
          May. 3) (BR. 05)
  
  S-8     MEGAPRO TOOLS INC, 5-5492 PRODUCTION BLVD, V3S BP5, SURREY BC CANADA,
          950,000 ($2,346,500.00) Equity, (File 333-87480 - May. 3) (BR. 09)
  
  S-3     REGIS CORP, 7201 METRO BLVD, MINNEAPOLIS, MN, 55439, 6129477000 -
          0 ($23,740,000.00) Equity, (File 333-87482 - May. 3) (BR. 08)
  
  SB-2    CRESCENT FINANCIAL CORP, P O BOX 5809, CARY, NC, 275125809,
          9194607770 - 0 ($6,927,500.00) Equity, (File 333-87484 - May. 3)
          (BR. 07)
  
  S-3     TRIKON TECHNOLOGIES INC, RINGLAND WAY, 222 W ORANGE GROVE AVE,
          NEWPORT GWENT, X0, NP18 2TA, 011-44-1-633-414-000 -
          1,093,348 ($14,683,664.00) Equity, (File 333-87486 - May. 3) (BR. 36)
  
  S-8     PATTERSON DENTAL CO, 1031 MENDOTA HEIGHTS RD, ST PAUL, MN, 55120-1401,
          6126861600 - 0 ($32,801,257.00) Equity, (File 333-87488 - May. 3)
          (BR. 01)
  
  S-8     J2 GLOBAL COMMUNICATIONS INC, 6922 HOLLYWOOD BLVD, SUITE 900,
          LOS ANGELES, CA, 90028, 3238609200 - 500,000 ($5,275,000.00) Equity,
          (File 333-87504 - May. 3) (BR. 37)
  
  S-3     UNION ELECTRIC CO, 1901 CHOUTEAU AVENUE, MC 1370, ST LOUIS, MO, 63166,
          3146213222 - 0 ($590,500,000.00) Other, (File 333-87506 - May. 3)
          (BR. 02)
  
  S-8     WEBSTER FINANCIAL CORP, WEBSTER PLAZA, 145 BANK ST, WATERBURY, CT,
          06720, 2037532921 - 1,500,000 ($53,475,000.00) Equity,
          (File 333-87508 - May. 3) (BR. 07)
  
  S-4     MARSH & MCLENNAN COMPANIES INC, 1166 AVENUE OF THE AMERICAS, NEW YORK,
          NY, 02109, 8002251581 - 750,000,000 ($750,000,000.00) Non-Convertible 
          Debt, (File 333-87510 - May. 3) (BR. 01)
  
  S-3     COMMERCE BANCORP INC /NJ/, COMMERCE ATRIUM, 1701 RTE 70 E, CHERRY HILL,
          NJ, 08034-5400, 8567519000 - 4,000,000 ($200,000,000.00) Other,
          (File 333-87512 - May. 3) (BR. 07)
  
  SB-2    1ST STEP INC, 14759 OXNARD STREET, VAN NUYS, CA, 91411,
          4,000,000 ($200,000.00) Equity, (File 333-87514 - May. 3) (BR. )
  
  S-8     CONCORD COMMUNICATIONS INC, 600 NICKERSON RD, MARLBORO, MA, 01752,
          5084604646 - 0 ($3,717,000.00) Equity, (File 333-87516 - May. 3)
          (BR. 03)
  
  S-3     CARDIOGENESIS CORP /CA, 1049 KIEL COURT, SUNNYVALE, CA, 94089,
          4085482100 - 0 ($495,000.00) Equity, (File 333-87518 - May. 3) (BR. 36)
  
  S-8     THERMOELASTIC TECHNOLOGIES INC /CO/, 5446 CANVASBACK ROAD, BLAINE, WA,
          98230, 3603715061 - 0 ($1,920,000.00) Equity, (File 333-87520 - May. 3)
          (BR. 09)
  
  S-8     IVP TECHNOLOGY CORP, 54 VILLAGE CENTRE, MISSISSAUGA PLACE,
          TORONTO ONTARIO M5E, A6, 0000, 9053069343 -
          5,000,000 ($800,000.00) Equity, (File 333-87522 - May. 3) (BR. 03)
  
  S-8     AMANDA CO INC, 1601 ALTON PARKWAY, IRVINE, CA, 92606, 9492613131 -
          16,000,000 ($360,000.00) Equity, (File 333-87524 - May. 3) (BR. 03)
  
  S-8     PEPSICO INC, 700 ANDERSON HILL RD, PURCHASE, NY, 10577, 9142532000 -
          150,000 ($7,834,500.00) Equity, (File 333-87526 - May. 3) (BR. 02)
  
  S-3     VERSO TECHNOLOGIES INC, 400 GALLERIA PARKWAY, SUITE 300, ATLANTA, GA,
          30326, 7706123500 - 0 ($1,708,859.00) Equity, (File 333-87528 - May. 3)
          (BR. 03)
  
  S-8     DIXIE GROUP INC, P O BOX 12542, CALHOUN, GA, 307037010, 7066257980 -
          436,500 ($2,933,280.00) Equity, (File 333-87534 - May. 3) (BR. 02)
  
  S-1     PURCHASEPRO COM INC, 3291 N BUFFALO DR #2, LAS VEGAS, NV, 89129,
          7023167000 - 10,615,382 ($5,307,691.00) Equity, (File 333-87536 -
          May. 3) (BR. 08)
  
  S-3     GLIMCHER REALTY TRUST, 20 SOUTH THIRD STREET, COLUMBUS, OH, 43215,
          6146219000 - 260,583 ($4,948,471.14) Equity, (File 333-87538 - May. 3)
          (BR. 08)
  
  S-4     HAWAIIAN HOLDINGS  INC, 3375 KOAPAKA STREET, SUITE G-350, HONOLULU, HI,
          96819, 0 ($60,570,469.00) Equity, (File 333-87540 - May. 3) (BR. )
  
  SB-2    BIOSANTE PHARMACEUTICALS INC, 175 OLDE HALF DAY ROAD, SUITE 123,
          LINCOLNSHIRE, IL, 60069, 8477932458 - 0 ($10,000,000.00) Equity,
          (File 333-87542 - May. 3) (BR. 01)
  
  S-3     CADIZ INC, 100 WILSHIRE BLVD., SUITE 1600, SANTA MONICA, CA, 90401,
          3108994700 - 1,500,000 ($15,285,000.00) Equity, (File 333-87544 -
          May. 3) (BR. 04)
  
  S-3     ROBBINS & MYERS INC, 1400 KETTERING TWR, DAYTON, OH, 45423,
          9372222610 - 0 ($65,619,000.00) Equity, (File 333-87546 - May. 3)
          (BR. 36)
  
  S-8     TRIZEC PROPERTIES INC, 1114 AVENUE OF THE AMERICAS 31ST FLOOR,
          NEW YORK, NY, 10036, 2123829300 - 19,000,000 ($297,350,000.00) Equity,
          (File 333-87548 - May. 3) (BR. 08)
  
  N-2     BLACKROCK MUNICIPAL BOND TRUST, 345 PARK AVE, NEW YORK, NY, 10154,
          2127545300 - 40 ($1,000,000.00) Equity, (File 333-87550 - May. 3)
          (BR. 22)
  
  N-2     BLACKROCK CALIFORNIA MUNICIPAL BOND TRUST, 345 PARK AVENUE,  NEW YORK,
          NY, 10154, 2127545300 - 40 ($1,000,000.00) Equity, (File 333-87552 -
          May. 3) (BR. 16)
  
  S-4     MANPOWER INC /WI/, 5301 N IRONWOOD RD, MILWAUKEE, WI, 53217,
          4149611000 - 1,500,000 ($60,345,000.00) Equity, (File 333-87554 -
          May. 3) (BR. 08)
  
  S-3     COLLAGENEX PHARMACEUTICALS INC, 41 UNIVERSITY DRIVE, NEWTON, PA, 18940,
          2155797388 - 103,196 ($979,330.04) Equity, (File 333-87556 - May. 3)
          (BR. 01)
  
  S-4     ASA INTERNATIONAL LTD, 10 SPEEN ST, OFFICE PARK, FRAMINGHAM, MA, 01701,
          5086262727 - 1,370,679 ($1,370,679.00) Equity, (File 333-87558 -
          May. 3) (BR. 03)
  
  S-3     AMERICAN LAND LEASE INC, 3410 SOUTH GALENA ST SUITE 210, DENVER, CO,
          80231, 3036149400 - 1,000,000 ($14,030,000.00) Equity,
          (File 333-87560 - May. 3) (BR. 08)
  
  S-3     DEERE JOHN RECEIVABLES INC, FIRST INTERSTATE BANK BUILDING,
          I EAST FIRST STREET, SUITE 600, RENO, NV, 89501, (702) 786-5527 -
          0 ($1,000,000.00) Asset-Backed Securities, (File 333-87562 - May. 3)
          (BR. 05)
  
  S-3     HIBBETT SPORTING GOODS INC, 451 INDUSTRIAL LANE, BIRMINGHAM, AL, 35211,
          2059424292 - 1,960,081 ($48,904,021.00) Equity, (File 333-87566 -
          May. 3) (BR. 02)
  
  S-3     CHESAPEAKE FUNDING LLC, 900 OLD COUNTRY ROAD, GARDEN CITY, NY, 11530,
          5162224732 - 0 ($650,000,000.00) Asset-Backed Securities,
          (File 333-87568 - May. 3) (BR. 05)
  
  S-3     HILTON HOTELS CORP, 9336 CIVIC CTR DR, BEVERLY HILLS, CA, 90210,
          3102784321 - 0 ($83,512,000.00) Equity, (File 333-87570 - May. 3)
          (BR. 08)
  
  SB-2    MDU COMMUNICATIONS INTERNATIONAL INC, 60 COMMERCE WAY, UNIT D, TOTOWA,
          NJ, 07512, 9732379499 - 0 ($3,247,812.00) Equity, (File 333-87572 -
          May. 3) (BR. 37)
  
  S-3     AMERICAN BUSINESS FINANCIAL SERVICES INC /DE/, 111 PRESIDENTIAL BLVD,
          STE 215, BALA CYNWYD, PA, 19004, 6106682440 - 400,000 ($5,920,000.00) 
          Equity, (File 333-87574 - May. 3) (BR. 07)
  
  S-1     RIVERWOOD HOLDING INC, 3350 CUMBERLAND CIRCLE STE 1400, ATLANTA, GA,
          30339, 4046443000 - 0 ($350,000,000.00) Equity, (File 333-87576 -
          May. 3) (BR. 04)
  
  S-3     ASSOCIATED BANC-CORP, 1200 HANSEN ROAD, GREEN BAY, WI, 54304,
          9204917015 - 0 ($300,000,000.00) Other, (File 333-87578 - May. 3)
          (BR. 07)
  
  S-1     ENDEAVOR PHARMACEUTICALS INC, 127 RACINE DR, STE 202, WILMINGTON, NC,
          28403, 9107909811 - 0 ($75,000,000.00) Equity, (File 333-87580 -
          May. 3) (BR. )
  
  S-8     HAWKINS INC, 3100 E HENNEPIN AVE, MINNEAPOLIS, MN, 55413, 6123316910 -
          0 ($9,900,000.00) Equity, (File 333-87582 - May. 3) (BR. 02)
  
  S-3     TICKETMASTER, 3701 WILSHIRE BLVD, STE 200, LOS ANGELES, CA, 90010,
          6264050050 - 0 ($17,647,908.00) Equity, (File 333-87584 - May. 3)
          (BR. 05)
  
  S-3     CHITTENDEN CORP /VT/, TWO BURLINGTON SQ P O BOX 820,
          C/O STOCKHOLDER RELATIONS, BURLINGTON, VT, 05401, 8026584000  -
          350,000,000 ($350,000,000.00) Other, (File 333-87586 - May. 3) (BR. 07)
  
  S-3     HCA INC/TN, ONE PARK PLZ, NASHVILLE, TN, 37203, 6153449551 -
          0 ($1,500,000,000.00) Unallocated (Universal) Shelf, (File 333-87588 -
          May. 3) (BR. 01)
  
  S-1     MTC TECHNOLOGIES INC, 0 ($97,800,000.00) Equity, (File 333-87590 -
          May. 3) (BR. )
  
  S-3     PLATO LEARNING INC, 10801 NESBITT AVENUE SOUTH, BLOOMINGTON, MN, 55437,
          8477817800 - 0 ($565,300.00) Equity, (File 333-87594 - May. 3) (BR. 05)
  
  S-3     COORSTEK INC, 16000 TABLE MOUNTAIN PARKWAY, GOLDEN, CO, 80403,
          3032717000 - 2,875,000 ($110,903,125.00) Equity, (File 333-87596 -
          May. 3) (BR. 36)
  
  S-8     AMERICAN BUSINESS FINANCIAL SERVICES INC /DE/, 111 PRESIDENTIAL BLVD,
          STE 215, BALA CYNWYD, PA, 19004, 6106682440 - 900,000 ($11,369,950.00) 
          Equity, (File 333-87598 - May. 3) (BR. 07)
     
     

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
------------------------------------------------------------------------------------
24/7 MEDIA INC                          DE      X         X        05/03/02

AAIPHARMA INC                           DE            X   X        04/24/02

AAMES FINANCIAL CORP/DE                 DE            X            05/03/02

ACTIVEWORLDS COM INC                                  X   X        04/08/02

ADVANCED ENERGY INDUSTRIES INC          DE            X   X        04/17/02    AMEND

ADVANCED TECHNICAL PRODUCTS INC         DE            X   X        05/02/02

ADVANCED VIRAL RESEARCH CORP            DE            X   X        05/02/02

ALLEGHENY ENERGY INC                    MD                X   X    03/31/02

ALLEGHENY TECHNOLOGIES INC              DE            X            05/03/02

ALLERGY RESEARCH GROUP INC              FL            X   X        05/03/02

ALLIANCE CAPITAL MANAGEMENT HOLDING L   DE                X   X    05/02/02

ALLIANCE CAPITAL MANAGEMENT L P         DE                X   X    05/02/02

AMBASSADOR FOOD SERVICES CORP           DE          X X            07/13/01

AMDL INC                                DE            X            04/22/02

AMEDISYS INC                            DE          X              04/30/02

AMERICAN TISSUE INC                     DE            X   X        05/02/02

AMERIGAS PARTNERS LP                    DE                X        05/03/02

APARTMENT INVESTMENT & MANAGEMENT CO    MD            X   X        05/02/02    AMEND

APPIANT TECHNOLOGIES INC                DE            X            04/19/02

ASDAR GROUP INC                         NV      X     X            03/30/02

ASDAR GROUP INC                         NV      X     X            03/30/02

ASSET BACKED FUNDING CORP               DE            X   X        05/02/02

AZURIX CORP                             DE            X   X        04/01/02    AMEND

BANC OF AMERICA COMMERCIAL MORTGAGE I   DE            X   X        05/02/02

BERNARD ALLAN & EDWARDS INC             FL      X                  05/02/02

BEYOND COM CORP                         DE            X   X        04/19/02

BIOGAN INTERNATIONAL INC                DE            X            05/03/02

BITSTREAM INC                           DE          X     X        04/30/02

BOOKS A MILLION INC                     DE          X              05/03/02

CABOT INDUSTRIAL PROPERTIES LP          DE          X     X        04/29/02

CALPINE CORP                            DE            X   X        05/02/02

CARRAMERICA REALTY CORP                 MD                X   X    05/03/02

CENDANT CORP                            DE            X   X        05/03/02

CENTURYTEL INC                          LA            X            04/30/02

CHASE FUNDING INC                       NY            X   X        04/19/02

CHINA RESOURCES DEVELOPMENT INC         NV          X     X        04/30/02

CITIBANK SOUTH DAKOTA N A               DE            X            05/03/02

COACHMEN INDUSTRIES INC                 IN            X   X        05/02/02

COCA COLA BOTTLING CO CONSOLIDATED /D   DE            X            04/30/02

COLDWATER CREEK INC                     DE          X     X        05/02/02

COMCAST CORP                            PA            X   X        05/01/02

COVANSYS CORP                           MI          X     X        04/25/02

CRESCENT FINANCIAL CORP                 NC            X            05/03/02

CROWN CASTLE INTERNATIONAL CORP         DE                X   X    05/01/02

CURAGEN CORP                            DE            X   X        05/02/02

CURATIVE HEALTH SERVICES INC            MN                X        02/28/02    AMEND

CUTTER & BUCK INC                       WA            X   X        04/29/02

CWMBS INC                               DE            X   X        03/28/02

CWMBS INC                               DE            X   X        03/28/02

CYBERNET INTERNET SERVICES INTERNATIO   DE      X                  04/29/02

CYSIVE INC                              DE            X   X        05/02/02

DIGITAL BRIDGE INC                      NV            X            05/03/02

DOV PHARMACEUTICAL INC                  DE            X            04/30/02

EDAC TECHNOLOGIES CORP                  WI              X          04/26/02

ENDOVASC LTD INC                        NV            X   X        04/26/02

ENGELHARD CORP                          DE          X     X        05/02/02

EQUITY INNS INC                         TN                X   X    05/02/02

EXCEL PUBLISHING INC                    NV    X X                  05/02/02

EXCEL PUBLISHING INC                    NV    X X         X        05/02/02    AMEND

EXCELLIGENCE LEARNING CORP              DE            X   X        05/03/02

EXDS INC                                DE            X   X        04/24/02

EXPEDIA INC                             WA            X   X        04/23/02

FBR ASSET INVESTMENT CORP/VA            VA                X   X    05/03/02

FIRST KEYSTONE CORP                     PA            X            04/30/02

GEHL CO                                 WI                X   X    05/03/02

GENEREX BIOTECHNOLOGY CORP              DE                X        01/16/02

GLOBAL POWER EQUIPMENT GROUP INC/       DE            X   X   X    04/29/02

GLYKO BIOMEDICAL LTD                                  X   X        04/26/02

GOODRICH CORP                           NY            X   X        04/24/02

GS MORTGAGE SECURITIES CORP             DE            X            04/25/02

GST NETWORK FUNDING INC                 DE        X                04/18/02

GST TELECOMMUNICATIONS INC              DE        X                04/18/02

GST USA INC                             DE        X                04/18/02

HANCOCK JOHN FINANCIAL SERVICES INC                   X            05/02/02

HARRAHS ENTERTAINMENT INC               DE          X     X        05/02/02

HARRAHS ENTERTAINMENT INC               DE            X   X        05/03/02

HAWAIIAN AIRLINES INC/HI                HI            X   X        05/02/02

HERCULES INC                            DE            X   X        04/29/02

HIGH YIELD INCOME FUND INC              MD                    X    05/03/02

IMAGING TECHNOLOGIES CORP/CA            DE          X     X        05/02/02

IMMUNEX CORP /DE/                       WA            X   X        05/03/02

IMPCO TECHNOLOGIES INC                  DE            X   X        05/03/02

INTEGRAMED AMERICA INC                  DE                X   X    05/03/02

INTER PARFUMS INC                       DE            X            05/01/01

INTERNATIONAL TOTAL SERVICES INC        OH            X   X        05/02/02

INTERPUBLIC GROUP OF COMPANIES INC      DE            X   X        05/02/02

INTERPUBLIC GROUP OF COMPANIES INC      DE                    X    05/02/02

IRT PROPERTY CO                         GA            X   X        05/02/02

IRVINE SENSORS CORP/DE/                 DE                X        05/03/02

ITC DELTACOM INC                        DE            X            05/02/02

IVILLAGE INC                            DE      X         X        04/18/02

J NET ENTERPRISES INC                   NV            X            05/01/02

KFX INC                                 DE                X        07/31/01    AMEND

KNIGHT TRANSPORTATION INC               AZ          X     X        05/03/02

LASON INC                               DE            X   X        04/26/02

LASON INC                               DE          X     X        02/21/02    AMEND

LEAP TECHNOLOGY INC / DE                DE          X     X        04/29/02

MADISON RIVER CAPITAL LLC               DE            X   X        05/01/02

MARRIOTT INTERNATIONAL INC /MD/         DE          X     X        05/03/02

MARSHALL & ILSLEY CORP/WI/              WI            X   X        05/03/02

MARTEK BIOSCIENCES CORP                 DE      X         X        04/25/02

MEDAREX INC                             NJ            X   X        05/03/02

MENTOR GRAPHICS CORP                    OR          X     X        04/29/02

MERISTAR HOTELS & RESORTS INC           DE            X   X        05/01/02

MERRILL LYNCH & CO INC                  DE            X   X        05/03/02

MERRILL LYNCH & CO INC                  DE            X   X        05/03/02

MERRILL LYNCH & CO INC                  DE            X   X        05/03/02

MERRILL LYNCH & CO INC                  DE            X   X        05/03/02

METROCORP BANCSHARES INC                              X   X        04/24/02

MURPHY OIL CORP /DE                     DE            X   X        05/02/02

NAVISTAR FINANCIAL RETAIL RECEIVABLES   DE                X        03/31/02

NAVISTAR FINANCIAL RETAIL RECEIVABLES   DE            X   X        05/02/02

NAVISTAR FINANCIAL SECURITIES CORP      DE                X        03/31/02

NEVADA HOLDING GROUP INC /NV/           NV      X         X        04/03/02

NICOR INC                               IL          X              05/03/02

NORTHEAST INDIANA BANCORP INC           DE            X   X        05/03/02

NORTHERN ILLINOIS GAS CO /IL/ /NEW/     IL          X              05/03/02

OCCIDENTAL PETROLEUM CORP /DE/          DE                    X    05/03/02

OLYMPIC STEEL INC                       OH          X     X        05/03/02

ON ASSIGNMENT INC                       DE      X         X        04/19/02

ONYX ACCEPTANCE CORP                    DE            X   X        05/03/02

OPTELECOM INC                           DE          X     X        04/26/02

PACIFICARE HEALTH SYSTEMS INC /DE/      DE                    X    05/03/02

PACIFICHEALTH LABORATORIES INC          DE            X            04/30/02

PANAMED CORP                            CA      X         X        03/01/02    AMEND

PAVILION BANCORP INC                                      X   X    05/03/02

PENTON MEDIA INC                        DE            X   X        05/01/02

PERFORMANCE FOOD GROUP CO               TN            X   X        05/03/02

PINNACLE ENTERTAINMENT INC              DE          X     X        04/26/02

PLANAR SYSTEMS INC                      OR      X         X        04/22/02

PROGRESS ENERGY INC                     NC                X   X    05/03/02

PROVIDENTIAL HOLDINGS INC               NV      X                  04/15/02

PURE COUNTRY                            NV          X              02/01/01

RADISYS CORP                            OR            X   X        05/03/02

RAQUEL INC                              NV      X   X X   X        01/23/02

REALITY WIRELESS NETWORKS  INC          NV            X   X        04/17/02

RENEGADE VENTURE NEV CORP               CO      X         X        05/01/02

RES CARE INC /KY/                       KY            X   X        05/02/02

RIVERWOOD HOLDING INC                   DE            X   X        05/03/02

ROBOTIC VISION SYSTEMS INC              DE            X   X        05/02/02

SAFE TECHNOLOGIES INTERNATIONAL INC     DE      X         X        05/03/02

SAUER DANFOSS INC                       DE            X            05/01/02

SBE INC                                 DE            X            04/30/02

SCIENTIFIC ATLANTA INC                  GA          X     X        04/19/02    AMEND

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

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

SEVEN SEAS PETROLEUM INC                B0            X   X        05/02/02

SI DIAMOND TECHNOLOGY INC               TX            X   X        04/15/02

SIERRA PACIFIC RESOURCES /NV/           NV            X   X        05/02/02

SILVERLEAF RESORTS INC                                X   X        05/03/02

SLM FUNDING CORP                        DE            X   X        04/25/02

SOFTWARE SPECTRUM INC                   TX    X           X        05/03/02

SONIC AUTOMOTIVE INC                    DE            X            05/01/02

SPARTA SURGICAL CORP                    DE            X            05/03/02

SPARTECH CORP                           DE          X              05/03/02

STILWELL FINANCIAL INC                  DE                X   X    05/03/02

STOCKWALK GROUP INC /MN/                MN            X            05/02/02

STRAYER EDUCATION INC                   MD            X   X        05/03/02

SUN MICROSYSTEMS INC                    DE            X   X        04/25/02

SUSQUEHANNA BANCSHARES INC              PA            X   X        04/30/02

SWISS ARMY BRANDS INC                   DE          X              06/30/02

THORATEC CORP                           CA            X   X        05/02/02

TRANSFINANCIAL HOLDINGS INC             DE      X                  04/19/02

TRIPLE-S MANAGEMENT CORP                              X   X        04/28/02

TRUSERV CORP                            DE            X   X        05/02/02

TRUSTMARK CORP                          MS            X            05/01/02

TURBODYNE TECHNOLOGIES INC              DE            X   X        05/02/02

UNIVERSAL CORP /VA/                     VA            X   X        05/03/02

VICAL INC                               DE          X              04/30/02

WACHOVIA COMMERCIAL MORTGAGE SECURITI   NC            X   X        05/01/02

WACHOVIA COMMERCIAL MORTGAGE SECURITI   NC            X   X        05/02/02

WACKENHUT CORP                          FL            X   X        05/03/02

WASATCH PHARMACEUTICAL INC              UT            X            05/03/02

WATSON PHARMACEUTICALS INC              NV            X   X        05/03/02

WEBQUEST INTERNATIONAL INC              NV          X     X        02/06/02    AMEND

WEBQUEST INTERNATIONAL INC              NV          X     X        02/06/02    AMEND

WELLPOINT HEALTH NETWORKS INC /DE/      DE                X   X    05/02/02

WESTPAC SECURITISATION MANAGEMENT PTY                     X        04/19/02

WILLIAMS COMPANIES INC                  DE            X   X        04/30/02

WILLIAMS ENERGY PARTNERS L P            DE            X   X        04/11/02

WILSONS THE LEATHER EXPERTS INC         MN            X   X        04/26/02

WINTRUST FINANCIAL CORP                 IL            X   X        05/03/02

ZENASCENT INC                           DE          X     X        05/02/02