SEC NEWS DIGEST


Issue 2004-80                                                    April 26, 2004


COMMISSION ANNOUNCEMENTS


TEMPORARY  SUSPENSION OF TRADING OF THE SECURITIES OF GREEN  DOLPHIN  SYSTEMS
CORPORATION

     The  Commission announced the temporary suspension, pursuant to  Section
     12(k)  of the Securities Exchange Act of 1934 (Exchange Act), of trading
     of  the  securities  of  Green Dolphin Systems  Corporation  of  Powell,
     Tennessee at 9:30 a.m. EDT on April 26, 2004, and terminating  at  11:59
     p.m. EDT on May 7, 2004.
     
     The  Commission temporarily suspended trading in the securities of  GDLS
     because it appears to the Commission that there is a lack of current and
     accurate  information  concerning the  securities  of  GDLS  because  of
     questions regarding the accuracy of assertions by GDLS and by others, in
     press  releases  and  public statements to investors  concerning,  among
     other  things,  GDLS'  business relationship with a national  restaurant
     chain.
     
     The  Commission  cautions broker dealers, shareholders, and  prospective
     purchasers that they should carefully consider the foregoing information
     along with all other currently available information and any information
     subsequently issued by the company.
     
     Further,  brokers and dealers should be alert to the fact that, pursuant
     to  Rule  15c2-11  under  the Exchange Act, at the  termination  of  the
     trading  suspension, no quotation may be entered unless and  until  they
     have  strictly complied with all of the provisions of the rule.  If  any
     broker or dealer has questions as to whether or not he has complied with
     the  rule, he should not enter any quotation but immediately contact the
     staff of the Securities and Exchange Commission in Washington, D.C.   If
     any  broker or dealer is uncertain as to what is required by Rule  15c2-
     11,  he  should  refrain  from  entering quotations  relating  to  GDLS'
     securities until such time as he has familiarized himself with the  rule
     and  is certain that all of its provisions have been met.  If any broker
     or  dealer enters any quotation, which is in violation of the rule,  the
     Commission will consider the need for prompt enforcement action.
     
     If any broker dealer or other person has any information that may relate
     to this matter, they should immediately communicate it to Robert Kaplan,
     Assistant  Director,  Division  of Enforcement  at  the  Securities  and
     Exchange Commission.  He can be reached at (202) 942-2803, or by  e-mail
     at KaplanR@SEC.GOV.   (Rel. 34-49612)
     
PETER BRESNAN NAMED ASSOCIATE DIRECTOR OF THE DIVISION OF ENFORCEMENT
     The Commission today announced the appointment of Peter H. Bresnan as an
     Associate  Director  in  the  Division  of  Enforcement.   As  Associate
     Director, Mr. Bresnan will serve as a senior official in the Division of
     Enforcement  and will assist in planning and directing the  Commission's
     investigations and other enforcement efforts.
     
     Since  November  2001,  Mr.  Bresnan has  served  as  the  Deputy  Chief
     Litigation Counsel of the Commission's Division of Enforcement.  In that
     role,  he  assisted  in managing the Commission's nationwide  litigation
     program.  From November 2003 to April 2004, Mr. Bresnan has also  served
     as acting District Administrator in the SEC's Boston District Office.
     
     Stephen  M.  Cutler,  the  SEC's Director of  Enforcement  said,  "Peter
     Bresnan is an outstanding lawyer and thinker.  He has earned the respect
     and  confidence of everyone with whom he has worked.  We  are  fortunate
     that Peter will continue to contribute his extraordinary talents to  the
     Commission's enforcement program."
     
     Mr.  Bresnan, who joined the Commission in April 1995 as Assistant Chief
     Litigation Counsel, has prosecuted a number of ground-breaking cases for
     the Commission.  Mr. Bresnan was the Commission's lead trial counsel  in
     the  WorldCom  case in which the Commission obtained the  largest  civil
     penalty  ever  levied  for a violation of the federal  securities  laws.
     During  his  tenure as the interim head of the SEC's Boston office,  Mr.
     Bresnan spearheaded the Commission's market timing cases against Putnam,
     Massachusetts Financial Services Company (MFS), and two subsidiaries  of
     FleetBoston,  in  which the SEC recovered a total  of  $420  million  on
     behalf  of  injured  investors.  Earlier, he successfully  resolved  the
     Commission's  first  litigated  yield-burning  case  and  litigated  the
     Commission's first fraud case against an offshore hedge fund,  Manhattan
     Investment  Fund  Ltd.,  and its manager Michael  Berger,  involving  an
     alleged $393 million in investor losses.
     
     Prior to joining the Commission, Mr. Bresnan was a litigator at the  law
     firm  of Davis Polk & Wardwell in New York. Mr. Bresnan, 49, earned  his
     undergraduate degree in history from Kenyon College and his  law  degree
     from Fordham University Law School.  (Press Rel. 2004-56)


ENFORCEMENT PROCEEDINGS


SEC INSTITUTES ADMINISTRATIVE PROCEEDINGS AGAINST CDH & AFFILIATES, INC., AND
C. DAVID HALLMAN

     On  April  23,  the  Commission  instituted  administrative  proceedings
     against CDH & Affiliates, Inc. (CDH) and C. David Hallman, based on  the
     entry, on Oct. 23, 2003, of an injunction by the U.S. District Court for
     the  Northern  District of Georgia, Newnan Division.   Subsequently,  on
     April  1,  2004,  the  Court  entered  a  Final  Judgment  of  Permanent
     Injunction in that civil action, entitled SEC v. CDH & Affiliates, Inc.,
     and  C.  David  Hallman, Civil Action File Number  3:02-CV-17-JTC  (N.D.
     Ga.),  which enjoined CDH and Hallman from future violations of Sections
     10(b)  and  15(a) of the Securities Exchange Act of 1934 and Rule  10b-5
     thereunder,   and   set   disgorgement  and  prejudgment   interest   at
     $4,207,616.95 and ordered CDH and Hallman to pay civil penalties in  the
     amount  of  $110,000 each.  See Litigation Releases No. 18431 (Oct.  29,
     2003), No. 18662 (April 7, 2004).

     The  Commission's complaint alleged that Hallman controlled CDH and that
     from  September 1997 through at least June 1999, Hallman and CDH engaged
     in the business of effecting transactions in securities and fraudulently
     raised more than $2.2 million in transaction-related fees from at  least
     27  customers, purportedly to prepare corporate bond offerings for those
     customers and then to sell those bonds for the customers.  The complaint
     further  alleged that in an effort to avoid detection of  their  scheme,
     until at least July 2001, Hallman and CDH continually told their victims
     that their bond issues would be funded and made other misrepresentations
     to  encourage  the  victims to believe that funding  was  imminent.  The
     complaint alleges that CDH never sold bonds for any customer and that no
     such  high-yield  investment  program  exists.   Hallman  made  numerous
     misrepresentations  to  his victims, including false  claims  that  some
     victims' bonds had been successfully sold, that bond sales were imminent
     and  that  the proceeds of the bond sales would be invested in  a  high-
     yield investment program that would pay 30%-40% every ten days.

     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, if any, remedial sanctions are appropriate and in the
     public interest.
     
     The  Order  requires the Administrative Law Judge to  issue  an  initial
     decision no later that 210 days from the date of service of this  Order,
     pursuant to Rule 360(a)(2) of the Commission's Rules of Practice.  (Rel.
     34-49606; IA-2229; File No. 3-11463)

RAYLEN PARRA BARRED FROM PARTICIPATING IN ANY OFFERING OF A PENNY STOCK

     On  April  24,  the  Commission reinstituted and simultaneously  settled
     public  administrative  proceedings  against  Raylen  Parra  (Parra),  a
     resident  of  Orlando,  Florida.   Without  admitting  or  denying   the
     Commission's findings, Parra consented to the Commission's  Order.   The
     Order  found  that  on Sept. 13, 2002, a default judgment  of  permanent
     injunction was entered against Parra, which enjoined her from  violating
     Section  17(a) and (b) of the Securities Act of 1933, Section  10(b)  of
     the  Securities Exchange Act of 1934, and Rule 10b-5, thereunder, in the
     district  court  action SEC v. David S. Heredia and Raylen  Parra,  Case
     Number  6:02-CV-218-ORL-19-JGC (M.D.Fla.).  The  Commission's  complaint
     alleged  that  Parra,  among others, disseminated false  and  misleading
     information to the investment community by touting the stock of at least
     five  public  companies.  The complaint also alleged that while  touting
     the stock of these public companies, Parra, among others, reaped illegal
     profits  of  more  than  $3.4 million by engaging  in  the  practice  of
     "scalping"  -- selling the stock of the public companies  that  she  was
     simultaneously  recommending  to  others  to  purchase.   Based  on  the
     injunction  entered against her, the Commission ordered  that  Parra  be
     barred from participating in any offering of a penny stock.   (Rel.  34-
     49610; File No. 3-11464)

COMMISSION ENTERS FINAL ORDER ADOPTING ADMINISTRATIVE LAW JUDGE'S DECISION IN
ERNST & YOUNG AUDITOR INDEPENDENCE CASE; ERNST & YOUNG'S SIX-MONTH SUSPENSION
COMMENCES TODAY

     The  Commission today entered an order making final the initial decision
     of the administrative law judge that was issued on April 16 in the Ernst
     &  Young LLP auditor independence case (Rel. Nos. 33-8413; 34-49615; AAE
     Rel.  1991;  File No. 3-10933).  The order was issued in response  to  a
     joint  motion of Ernst & Young LLP, the Division of Enforcement and  the
     Office  of  the Chief Accountant, seeking expedited entry  of  an  order
     making  the  initial  decision final and stating that  no  petition  for
     review  would  be filed.  In its order, the Commission stated  that  the
     initial  decision of the administrative law judge has become  the  final
     decision  of  the  Commission with respect to Ernst  &  Young  LLP,  and
     ordered  that  Ernst  & Young (i) cease and desist  from  committing  or
     causing  any  future  auditor  independence  violations;  (ii)  disgorge
     $1,686,500  in audit fees it received for its audits of PeopleSoft  Inc.
     during the time period in which it was found to have lacked independence
     from PeopleSoft, together with $478,050 in prejudgment interest thereon;
     (iii)  retain an independent consultant acceptable to the Commission  to
     review its policies and procedures governing business relationships with
     audit  clients;  and (iv) be suspended from accepting audit  engagements
     for  new Commission registrant audit clients for a period of six months,
     commencing today.  The Commission order further provides that,  pursuant
     to  a voluntary undertaking of Ernst & Young LLP, to the extent that the
     firm  is  permitted  to  audit any new registrant during  the  six-month
     suspension period (e.g., a pre-existing private Ernst & Young LLP  audit
     client  making  an  initial public offering), Ernst &  Young  LLP  shall
     provide,  prior  to the effective date (unless it obtains  an  exception
     from the Office of the Chief Accountant), sworn declarations by both its
     Chief  Executive  Officer  and  its Vice  Chair  for  Quality  and  Risk
     Management certifying that Ernst & Young LLP is independent,  under  SEC
     rules,  PCAOB  standards, GAAS and all other applicable standards,  with
     respect to each such new registrant.  Today's final order concludes  the
     litigation of this matter.
     
     The  proceedings  commenced  on  Nov.  13,  2002,  when  the  Commission
     instituted an Order Instituting Proceedings (OIP) against Ernst &  Young
     LLP  for violations of the auditor independence requirements imposed  by
     the  Commission's  rules  and by GAAS.  The OIP  alleged  that,  despite
     having  substantial  joint business relationships with  PeopleSoft  Inc.
     during   the  period  1994  through  2000,  the  firm  claimed   to   be
     "independent" from Peoplesoft in audit reports it issued on PeopleSoft's
     financial  statements throughout the relevant period, each of which  was
     included in PeopleSoft's public filings with the Commission.  The matter
     was  tried before Chief Administrative Law Judge Brenda Murray in  March
     and  April 2003.  On April 16, 2004, the chief administrative law  judge
     issued   an   initial  decision,  finding,  among  other  things,   that
     "overwhelming evidence" demonstrated that the firm had committed all the
     violations alleged in the OIP and that the firm's conduct was "reckless,
     highly unreasonable and negligent."
     
     For  further  information about this case, see Rel.  Nos.  33-8146;  34-
     46821;  AAER  1661 (Nov. 13, 2002); see also Rel. Nos. 34-45964  &  AAER
     1558  (May  20, 2002); Rel. Nos. 34-46710 & AAER 1654 (Oct.  23,  2002).
     (Rel. 33-8413; 34-49615; AAE Rel. 1991; File No. 3-10933)
     
FEDERAL   DISTRICT   COURT  PERMANENTLY  ENJOINS  JAILED  STOCKBROKER   FRANK
GRUTTADAURIA  FROM  COMMITTING SECURITIES FRAUD AND ORDERS  HIM  TO  DISGORGE
COMPENSATION AND MISAPPROPRIATED FUNDS

     The  Honorable  Patricia A. Gaughan, U.S. District Court Judge  for  the
     Northern  District of Ohio, on March 11, 2004, granted the  Commission's
     motion   for  summary  judgment  and  permanently  enjoined   Frank   D.
     Gruttadauria,  the  former Cleveland broker, and two  entities  that  he
     created  to  facilitate  his  fraud  from  violating  certain  antifraud
     provisions  of the federal securities laws.  Judge Gaughan also  ordered
     Gruttadauria  to disgorge monies he misappropriated and compensation  he
     received during the fraud.  Gruttadauria is presently in federal custody
     serving a seven-year jail term.
     
     The  Commission's  lawsuit  was filed in February  2002,  alleging  that
     Gruttadauria  had defrauded scores of his customers over a  fifteen-year
     period.   The  Commission also alleged that Gruttadauria misappropriated
     millions of dollars and sent falsified account statements that,  at  the
     time the fraud ended in January 2002, overstated the actual holdings  in
     customer accounts by over $280 million.
     
     In  her  March  11  Order, Judge Gaughan found that, from  1987  through
     January  2002, Gruttadauria engaged in a massive scheme to defraud  many
     of   his   customers.   The  court  found  that,  among  other   things,
     Gruttadauria  lied to customers about purchases and sales of  securities
     in  their  accounts,  falsely told customers  that  he  used  the  funds
     deposited  into  their  accounts to buy securities,  and  created  false
     customer account statements that reflected account values far in  excess
     of  their  actual balances.  Judge Gaughan also found that, to  disguise
     his  fraudulent  scheme,  Gruttadauria misappropriated  funds  from  the
     accounts  of  some  customers  to meet withdrawal  requests  from  other
     customers.   Judge  Gaughan permanently enjoined  Gruttadauria  and  two
     entities he created, DH Strategic Partners, Inc. and JYM Trading  Trust,
     from  violating Section 17(a) of the Securities Act of 1933 and  Section
     10(b)  of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder.
     The  Court  also  ordered Gruttadauria to disgorge the  monies  that  he
     misappropriated,  totaling almost $105 million,  and  $20.8  million  in
     compensation (salaries, bonuses, and commissions) that he received  from
     his  employers  while  committing  his  fraud.   The  Court  found  that
     Gruttadauria  had received this compensation as a direct result  of  his
     fraudulent activities.
     
     The Commission is continuing its investigation in this matter.  [SEC  v.
     Frank  D. Gruttadauria, DH Strategic Partners, Inc., JYM Trading  Trust,
     Laurene  English, Defendants, and Sarah Z. Emamy, Charlie Whiskey,  LLC,
     and  Margo  Gruttadauria, Relief Defendants, Civil Action No.  1:02CV324
     (N.D. Ohio) (Judge Gaughan)] (LR- 18678)
     
SEC v. WEALTH INTERNATIONAL NETWORK, ANDRE BRADY, ET AL.

     The  Commission announced today that an application for an order to show
     cause  why  defendant Andre Brady (Brady) should not be  held  in  civil
     contempt  was  filed by the Commission on April 21, 2004,  in  the  U.S.
     District  Court  for  the Northern District of  Georgia,  based  on  his
     failure  to pay disgorgement as directed by the Court's March 19,  1998,
     order.  That order enjoined Brady from further violations of Sections  5
     and 17(a) of the Securities Act of 1933, Section 10(b) of the Securities
     Exchange Act of 1934 and Rule 10b-5 thereunder, and Sections 203, 206(2)
     and  206(4)  of  the Investment Advisers Act of 1940.   The  Court  also
     ordered  Brady  to pay disgorgement in the amount of $4,031,110.65  plus
     prejudgment interest.

     On  July  5,  1995, the Commission alleged in its complaint that  Wealth
     International Network (WIN) was a "pyramid" or "Ponzi" scheme  and  that
     WIN,   Discovery   Financial  Investments  (DFI)  and  Brady   attracted
     investments in DFI with false claims that such investments earned from 8
     to  20  percent per month, with minimal risk of loss of principal.   DFI
     claimed to be investing in "triple AAA rated" securities backed by  gold
     bullion,  gold  and  numismatic coins and foreign currencies.   [SEC  v.
     Wealth  International  Network, Andre Brady, et al.,  USDC  NDGA,  Civil
     Action No. 1:95-CV-1722-CAM] (LR-18679)

FORMER STOCK BROKER CHARGED WITH SECURITIES FRAUD AND WIRE FRAUD

     The Commission announced that on April 21, 2004, a federal grand jury in
     Dallas,  Texas  returned a two-count indictment against Larry  W.  Tyler
     charging  him  with  securities fraud and wire  fraud.   The  indictment
     charges  Tyler with deceiving his clients in connection with  the  offer
     and  sale  of  securities.   It  is anticipated  that  Tyler,  a  former
     stockbroker, will surrender to federal authorities in Dallas within  the
     next week.
     
     Previously, the Commission filed a civil suit against Tyler on Feb.  11,
     2002.   In  its complaint, the Commission alleged that Tyler  raised  at
     least  $30  million  from investors, and personally realized  over  $5.2
     million  in undisclosed commissions, by fraudulently enticing more  than
     480  mostly elderly investors into purchasing investments issued by  his
     company,  Advanced Financial Services, Inc. According to the  complaint,
     Tyler  deceived  the elderly investors with false guarantees  about  the
     investment's liquidity, above-market interest rates and "fixed" maturity
     dates. Tyler used investors' funds to buy viaticals, which rendered  the
     guarantees  false  because viaticals are illiquid  investments  with  no
     fixed maturity dates and uncertain rates of return.  Tyler hid the  fact
     that the underlying viaticals could not fulfill the promises that he had
     made  to  investors and that the investors had to rely on  him  and  his
     company  to  carry through on the promises of guaranteed returns,  fixed
     maturities  and  liquidity. Two weeks before the  Commission  filed  its
     suit, Tyler and his company both filed for bankruptcy.
     
     On  Feb. 21, 2002, Judge Jorge Solis of the U.S. District Court for  the
     Northern  District of Texas granted the Commission's application  for  a
     preliminary  injunction and the appointment of a receiver against  Tyler
     and  his  company,  Advanced Financial Services, Inc.  The  Commission's
     case  against Tyler is pending and litigation is ongoing.  [SEC v. Larry
     W.  Tyler,  et  al., USDC ND/TX, Dallas Division, Civ.  3:02-CV-0282-P];
     [U.S.  v.  Larry W. Tyler, USDC, NDTX, Dallas Division, Criminal  Action
     No. 3-04-CR-145-H] (LR-18680)
     

INVESTMENT COMPANY ACT RELEASES
     

THE VANGUARD GROUP, INC., ET AL.

     An  order has been issued on an application filed by The Vanguard Group,
     Inc.,  et  al., under Section 12(d)(1)(J) of the Investment Company  Act
     granting  an  exemption from Sections 12(d)(1)(A) and (B)  of  the  Act,
     under  Sections  6(c) and 17(b) of the Act granting  an  exemption  from
     Section  17(a) of the Act, and pursuant to Section 17(d) of the Act  and
     Rule  17d-1  under  the Act to permit certain joint  transactions.   The
     order  permits  (a)  certain registered open-end  management  investment
     companies to invest uninvested cash and cash collateral in one  or  more
     affiliated money market funds and/or short-term bond funds, and (b)  the
     registered  investment  companies and  certain  affiliated  entities  to
     engage in purchase and sale transactions involving portfolio securities.
     The  order  supersedes a prior order.  The order also amends  two  prior
     orders.  (Rel. IC-26436 - April 23)
     

HOLDING COMPANY ACT RELEASES
     

AMERICAN ELECTRIC POWER COMPANY, INC. ET AL.

     A  notice has been issued giving interested persons until May 18,  2004,
     to  request a hearing on a proposal by American Electric Power  Company,
     Inc.  (AEP),  a  registered  holding company and  its  subsidiaries,  to
     replace  Commission  orders dated Dec. 18, 2002, (HCAR  No.  27623)  and
     April  11,  2002,  (HCAR No. 27517) with specific  requests  related  to
     external  financing activities, the provision of intrasystem  financing,
     guarantees, and other matters through March 31, 2007.  (Rel. 35-27839)
     

SELF-REGULATORY ORGANIZATIONS
     

IMMEDIATE EFFECTIVENESS OF A PROPOSED RULE CHANGES
     
     The  Options Clearing Corporation filed a proposed rule change  (SR-OCC-
     2004-02) amending OCC's by-laws and rules to permit clearing members  to
     open and maintain with OCC two new types of accounts and to clarify that
     clearing  members  may carry multiple combined market  makers'  accounts
     that  are separate from one another. The proposed rule change has become
     effective under Section 19(b)(3)(A) (iii) of the Securities Exchange Act
     of  1934 and Rule 19b-4(f)(4) thereunder.    Publication of the proposal
     is  expected in the Federal Register during the week of April 26.  (Rel.
     34-49582)
     
     A  proposed  rule  change (SR-NSX-2004-03) filed by the  National  Stock
     Exchange  to  amend its fee schedule to cap members' monthly transaction
     fees  and  reduce  the Designated Dealer's principal activity  fees  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 April 26.  (Rel. 34-49586)

     A proposed rule change (SR-NASD-2004-051) and Amendments No. 1 and No. 2
     thereto filed by the National Association of Securities Dealers relating
     to the use of Summary Orders for NNMS Order-Delivery ECNs using the SIZE
     MPID  in SuperMontage 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 April 26.  (Rel. 34-
     49597)
     
     A  proposed  rule change (SR-CBOE-2004-19) and Amendment No.  1  thereto
     filed by the Chicago Board Options Exchange relating to a DPM and market-
     maker  transaction  fee has become immediately 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  April
     26.  (Rel. 34-49601)
     
     A   proposed  rule  change  (SR-NASD-2004-062)  filed  by  the  National
     Association  of Securities Dealers, through its subsidiary,  The  Nasdaq
     Stock  Market,  Inc.,  to modify the pricing for  trading  Nasdaq-listed
     securities   on   SuperMontage  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  April
     26.  (Rel. 34-49603)
     
PROPOSED RULE CHANGES

     The  Philadelphia Stock Exchange filed a proposed rule change  (SR-Phlx-
     2003-54)  to  amend  rules  relating to  the  minimum  net  capital  for
     specialists  in  Index  Fund  Shares. Publication  of  the  proposal  is
     expected in the Federal Register during the week of April 26.  (Rel. 34-
     49587)
     
     The  National  Association of Securities Dealers filed a  proposed  rule
     change (SR-NASD-2004-057) to amend Rule 6230(a) to reduce the period  to
     report  a  transaction in a TRACE-eligible debt security in two  stages:
     (i)  from 45 to 30 minutes in stage one, and (ii) subsequently, from  30
     to  15 minutes in stage two.  Publication of the proposal is expected in
     the Federal Register during the week of April 26.  (Rel. 34-49607)

APPROVAL OF PROPOSED RULE CHANGES

     The  Commission  has  approved a proposed rule change  (SR-NSCC-2003-20)
     filed by the National Securities Clearing Corporation, which allows NSCC
     to  delete  Addendum  V to NSCC's Rules thereby eliminating  the  higher
     capital  requirements  imposed  on NSCC Mutual  Fund/Insurance  Services
     Members  and  Fund  Members  processing  Investment  Funds  transactions
     through  NSCC's  Mutual  Fund Services.  Publication  of  the  order  is
     expected in the Federal Register during the week of April 26.  (Rel. 34-
     49598)
     
     The   Commission   approved  a  proposed  rule  change  (SR-ISE-2003-26)
     submitted  by the International Securities Exchange amending  its  rules
     governing  limits on the entry of orders of less than ten contracts  and
     revising  the quotation size requirements for market makers.  (Rel.  34-
     49602)

WITHDRAWAL GRANTED

     An order has been issued granting the application of Scope Industries to
     withdraw  its  Common Stock, no par value, from listing and registration
     on  the American Stock Exchange, effective at the opening of business on
     April 26.  (Rel. 34-49608)
     
DELISTING GRANTED

     An  order  has  been  issued  granting the application  of  the  Pacific
     Exchange  to strike from listing and registration the 9.09% Notes  (due,
     Nov. 30, 2004) of Metropolitan Mortgage & Securities, Inc., and the 9.5%
     Monthly  Interest Notes (due, Sept. 15, 2005) of its subsidiary,  Summit
     Securities,  Inc.,  effective at the opening of business  on  April  26.
     (Rel. 34-49609)


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     LEXOR HOLDINGS INC, 1621 COLE STREET, BALTIMORE, MD, 21223,
        714-849-1522 - 1,500,000 ($2,250,000.00) Equity, (File 333-114743 -
        Apr. 23) (BR. 04)

S-8     CENDANT CORP, 9 WEST 57TH STREET, NEW YORK, NY, 10019, 2124131800 -
        77,266,500 ($1,912,345,875.00) Equity, (File 333-114744 - Apr. 23)
        (BR. 08)

SB-2    TISSERA INC, UNIT 130 2188 NO 5 ROAD, RICHMOND BC CANADA, A1, 00000,
        6042768324 - 41,396,139 ($146,941,262.06) Equity, (File 333-114745 -
        Apr. 23) (BR. 01)

S-8     ABERDEEN IDAHO MINING CO, 601 W MAIN, SUITE 1017, SPOKANE, WA, 99201,
        5094620315 - 19,600,000 ($5,880,000.00) Equity, (File 333-114746 -
        Apr. 23) (BR. 09)

S-8     MISSOURI RIVER & GOLD GEM CORP, 2024 105TH PLACE S E, EVERETT, WA,
        98208, 4253377778 - 4,900,000 ($1,176,000.00) Equity,
        (File 333-114748 - Apr. 23) (BR. 09)

S-3     DICKS SPORTING GOODS INC, 200 INDUSTRY DR, PITTSBURGH, PA, 15275,
        4128090100 -
        255,085,000 ($255,085,000.00) Debt Convertible into Equity,
        (File 333-114749 - Apr. 23) (BR. 02)

S-4     GB&T BANCSHARES INC, P O BOX 2760, 500 JESSE JEWELL PARKWAY S E,
        GAINSVILLE, GA, 30501, 0 ($9,442,646.00) Equity, (File 333-114750 -
        Apr. 23) (BR. 07)

S-8     MILITARY COMMUNICATIONS TECHNOLOGIES INC, 2222 MICHELSON DRIVE,
        SUITE 477, IRVINE, CA, 92660, 949-622-8508 -
        9,450,000 ($1,039,500.00) Equity, (File 333-114751 - Apr. 23) (BR. 03)

S-8     LINKTONE LTD, HARBOUR RING PLAZA 6TH FLOOR, 18 XI ZANG ZHONG ROAD,
        SHANGHAI, M0, 00000, 862153853800 - 39,601,700 ($23,866,488.57) Equity,
        (File 333-114752 - Apr. 23) (BR. 03)

S-8     ADVEN INC, 3653 HEMLOCK COURT, RENO, NV, 89509, 7028298812 -
        8,000,000 ($10,000,000.00) Equity, (File 333-114753 - Apr. 23) (BR. 09)

S-8     PURE BIOSCIENCE, 1725 GILLESPIE WAY, STE H, EL CAJON, CA, 92020,
        6195968600 - 2,000,000 ($1,340,000.00) Equity, (File 333-114754 -
        Apr. 23) (BR. 06)

SB-2    TRANSCOMMUNITY BANKSHARES INC, 2320 ANDERSON HIGHWAY, POWHATAN, VA,
        23219, 8045986839 - 0 ($15,000,000.00) Equity, (File 333-114755 -
        Apr. 23) (BR. 07)

S-3D    ENTERPRISE PRODUCTS PARTNERS L P, 2727 NORTH LOOP WEST, HOUSTON, TX,
        77008, 7138806500 -
        10,000,000 ($222,850,000.00) Limited Partnership Interests,
        (File 333-114758 - Apr. 23) (BR. 04)

F-6     SHANDA INTERACTIVE ENTERTAINMENT LTD,
        50,000,000 ($2,500,000.00) ADRs/ADSs, (File 333-114759 - Apr. 23)
        (BR. 08)

S-3     POINT THERAPEUTICS INC, 125 SUMMER STREET, BOSTON, MA, 02110,
        6179332130 - 4,150,000 ($26,145,500.00) Other, (File 333-114760 -
        Apr. 23) (BR. 01)

S-4     KB HOME, 10990 WILSHIRE BLVD, LOS ANGELES, CA, 90024, 3102314000 -
        250,000,000 ($250,000,000.00) Non-Convertible Debt, (File 333-114761 -
        Apr. 23) (BR. 06)

S-3     CHECKERS DRIVE IN RESTAURANTS INC /DE, 4300 WEST CYPRESS STREET,
        SUITE 600, TAMPA, FL, 33607, 8132837000 - 0 ($10,757,978.00) Equity,
        (File 333-114762 - Apr. 23) (BR. 05)

S-8     BIB HOLDINGS LTD, 101 E. PANTANO RD, TUCSON, AZ, 85710, 5208859207 -
        12,833,333 ($320,834.00) Equity, (File 333-114763 - Apr. 23) (BR. 02)

S-8     NETTEL HOLDINGS INC, 2500 COLUMBIA HOUSE, BOULEVARD, VANCOUVER, WA,
        98661, 360-696-3412 - 1,800,000 ($792,000.00) Equity,
        (File 333-114764 - Apr. 23) (BR. 07)

S-8     ASPEN INSURANCE HOLDINGS LTD, 5,724,570 ($136,817,223.00) Equity,
        (File 333-114765 - Apr. 23) (BR. 01)

S-8     LEFT RIGHT MARKETING TECHNOLOGY INC, 6600 AMELIA EARHART CT, LAS VEGAS,
        NV, 89119, 7022604700 - 4,882,000 ($1,513,420.00) Equity,
        (File 333-114766 - Apr. 23) (BR. 06)

S-8     NEW YORK TIMES CO, 229 W 43RD ST, NEW YORK, NY, 10036, 2125561234 -
        0 ($22,875,000.00) Equity, (File 333-114767 - Apr. 23) (BR. 05)

S-8     CREDENCE SYSTEMS CORP, 215 FOURIER AVE, FREMONT, CA, 94539,
        5106577400 - 0 ($31,788,399.00) Equity, (File 333-114768 - Apr. 23)
        (BR. 36)

S-8     GUARDIAN TECHNOLOGIES INTERNATIONAL INC, 21351 RIDGETOP CIRCLE #300,
        DULLES, VA, 20166, 7036546091 - 30,000,000 ($196,500,000.00) Equity,
        (File 333-114769 - Apr. 23) (BR. 03)

S-3     ARCHSTONE SMITH TRUST, 9200 E PANORAMA CIRCLE, STE 400, ENGLEWOOD, CO,
        80112, 3037085959 - 0 ($68,325,496.00) Equity, (File 333-114770 -
        Apr. 23) (BR. 08)

S-8     KIRLIN HOLDING CORP, 6901 JERICHO TURNPIKE, SYOSSET, NY, 11791,
        8008999400 - 0 ($11,762,717.37) Equity, (File 333-114771 - Apr. 23)
        (BR. 07)

S-2     SPECTRX INC, 6025 A UNITY DRIVE, NORCROSS, GA, 30071, 7702428723 -
        11,557,385 ($22,190,179.20) Equity, (File 333-114772 - Apr. 23) (BR. 36)

S-8     INDEPENDENCE COMMUNITY BANK CORP, 195 MONTAGUE ST, BROOKLYN, NY, 11201,
        7187225300 - 0 ($5,553,750.00) Equity, (File 333-114773 - Apr. 23)
        (BR. 07)

S-1     BRANDPARTNERS GROUP INC, 777 THIRD AVENUE, 30TH FLOOR, NEW YORK, NY,
        10017, 212-446-0200 - 20,782,923 ($15,795,021.48) Equity,
        (File 333-114774 - Apr. 23) (BR. 08)

S-3     WELLS FARGO & CO/MN, 420 MONTGOMERY STREET, SAN FRANCISCO, CA, 94163,
        6126671234 - 0 ($20,000,000,000.00) Other, (File 333-114775 - Apr. 23)
        (BR. 07)

SB-2    HALOZYME THERAPEUTICS INC, 11588 SORRENTO VALLEY ROAD, SUITE 17,
        SAN DIEGO, CA, 92121, (858) 794-8889 -
        29,508,664 ($123,936,389.00) Equity, (File 333-114776 - Apr. 23)
        (BR. 01)

S-1     SALMEDIX INC, 8521 D VILLA LA JOLLA DRIVE, LA JOLLA, CA, 92037,
        8584428792 - 0 ($86,250,000.00) Equity, (File 333-114777 - Apr. 23)
        (BR. )

S-3     SONIC FOUNDRY INC, 222 W. WASHINGTON AVENUE, SUITE 775, MADISON, WI,
        53703, 6084431600 - 0 ($381,425.00) Equity, (File 333-114778 - Apr. 23)
        (BR. 37)

S-3     TUMBLEWEED COMMUNICATIONS CORP, 700 SAGINAW DR, REDWOOD CITY, CA,
        94063, 6502162000 - 4,956,548 ($35,736,711.00) Equity,
        (File 333-114779 - Apr. 23) (BR. 03)

S-8     TUMBLEWEED COMMUNICATIONS CORP, 700 SAGINAW DR, REDWOOD CITY, CA,
        94063, 6502162000 - 3,413,912 ($24,614,306.00) Equity,
        (File 333-114780 - Apr. 23) (BR. 03)

S-8     TIERONE CORP, 1235 N STREET, LINCOLN, NE, 68508, 4024750521 -
        0 ($41,461,594.06) Equity, (File 333-114781 - Apr. 23) (BR. 07)

S-4     INDEPENDENT BANK CORP /MI/, 230 W MAIN ST, PO BOX 491, IONIA, MI,
        48846, 6165279450 - 500,000 ($3,740,000.00) Equity, (File 333-114782 -
        Apr. 23) (BR. 07)

S-8     ASP VENTURES CORP, 1818-1177, WEST HASTINGS STREET, VANCOUVER, A1,
        V6E2K3, 6046021717 - 3,000,000 ($75,000.00) Equity, (File 333-114783 -
        Apr. 23) (BR. 09)

S-3     POOLED AUTO SECURITIES SHELF LLC,
        1,000,000 ($1,000,000.00) Asset-Backed Securities, (File 333-114784 -
        Apr. 23) (BR. 05)

S-3     ACADIA REALTY TRUST, 20 SOUNDVIEW MARKETPLACE, PO BOX 1679,
        PORT WASHINGTON, NY, 11050, 5167678830 -
        312,013 ($3,847,120.20) Equity, (File 333-114785 - Apr. 23) (BR. 08)

SB-2    ENER1 INC, 550 WEST CYPRESS CREEK ROAD, SUITE 120, FORT LAUDERDALE, FL,
        33309, (954) 202-4442 - 64,060,000 ($50,607,400.00) Equity,
        (File 333-114786 - Apr. 23) (BR. 37)

S-8     ADVANCED REFRIGERATION TECHNOLOGIES INC, 1100 WEST KATELLA AVE., STE J,
        ORANGE, CA, 92867, 7149970397 - 2,500,000 ($3,750,000.00) Equity,
        (File 333-114787 - Apr. 23) (BR. 06)

S-8     CASH TECHNOLOGIES INC, 1434 WEST 11TH STREET, LOS ANGELES, CA, 90015,
        2137452000 - 0 ($75,000.00) Equity, (File 333-114789 - Apr. 23) (BR. 08)

S-1     NATIONAL WATERWORKS INC, 0 ($1.00) Non-Convertible Debt,
        (File 333-114790 - Apr. 23) (BR. 06)

SB-2    WIZZARD SOFTWARE CORP /CO, 424 GOLD WAY, PITTSBURGH, PA, 15213,
        8014241624 - 2,472,526 ($7,804,943.62) Equity, (File 333-114791 -
        Apr. 23) (BR. 03)

S-8     LEXINGTON RESOURCES INC, 7473 WEST LAKE MEAD RD, LAS VEGAS, NV, 89128,
        702-382-5139 - 500,000 ($500,000.00) Equity, (File 333-114792 -
        Apr. 23) (BR. 04)

S-3     EPIMMUNE INC, 5820 NANCY RIDGE DRIVE, SAN DIEGO, CA, 92121,
        858-860-2500 - 3,949,567 ($8,412,577.71) Equity, (File 333-114793 -
        Apr. 23) (BR. 01)

S-3     SAFEGUARD SCIENTIFICS INC, 435 DEVON PARK DR, 800 THE SAFEGUARD BLDG,
        WAYNE, PA, 19087, 6102930600 -
        150,000,000 ($150,000,000.00) Debt Convertible into Equity,
        (File 333-114794 - Apr. 23) (BR. 08)

S-4     NORFOLK SOUTHERN RAILWAY CO /VA/, THREE COMMERCIAL PL, NORFOLK, VA,
        23510, 7576292682 - 0 ($596,979,500.00) Non-Convertible Debt,
        (File 333-114795 - Apr. 23) (BR. 05)

S-4     CSX TRANSPORTATION INC, 500 WATER STREET, 15TH FLOOR, JACKSONVILLE, FL,
        32202, 9043593200 - 0 ($432,715,500.00) Non-Convertible Debt,
        (File 333-114796 - Apr. 23) (BR. 05)

S-8     CNH GLOBAL N V, 100 SOUTH SAUNDERS ROAD, LAKE FOREST, IL, 60045,
        0 ($94,824,000.00) Equity, (File 333-114797 - Apr. 23) (BR. 36)

SB-2    UNITECH ENERGY CORP, 520 5TH AVE. S.W., SUITE 1250, CALGARY, A0,
        T2P 3R7, 4032062437 - 6,861,007 ($4,802,704.90) Other,
        (File 333-114798 - Apr. 23) (BR. 09)

S-8     PINNACLE FINANCIAL PARTNERS INC, 6157443742 - 0 ($8,064,437.30) Equity,
        (File 333-114799 - Apr. 23) (BR. 07)

S-3     SPECTRASITE INC, 100 REGENCY FOREST DR, SUITE 400, CARY, NC, 27511,
        9194680112 - 0 ($412,941,441.00) Equity, (File 333-114800 - Apr. 23)
        (BR. 37)

S-8     INTERWOVEN INC, C/O INTERWOVEN INC., 803 11TH AVENUE, SUNNYVALE, CA,
        94089, 4087742000 - 400,076 ($3,308,628.52) Equity, (File 333-114801 -
        Apr. 23) (BR. 03)

S-11    FIELDSTONE INVESTMENT CORP, 11000 BROKN LAND PARKWAY, SUITE 600,
        COLUMBIA, MD, 21044, 410-772-7200 - 0 ($857,784,015.00) Equity,
        (File 333-114802 - Apr. 23) (BR. )

S-8     WENDYS INTERNATIONAL INC, 4288 W DUBLIN GRANVILLE RD, P O BOX 256,
        DUBLIN, OH, 43017, 6147643100 - 3,600,000 ($141,552,000.00) Equity,
        (File 333-114803 - Apr. 23) (BR. 05)

S-4     GB&T BANCSHARES INC, P O BOX 2760, 500 JESSE JEWELL PARKWAY S E,
        GAINSVILLE, GA, 30501, 0 ($4,178,749.00) Equity, (File 333-114805 -
        Apr. 23) (BR. 07)

S-8     RPM TECHNOLOGIES INC, 21061 WEST BRAXTON, SUITE 800, PLAINFIELD, IL,
        60544, 815-293-1190 - 750,000 ($412,500.00) Equity, (File 333-114806 -
        Apr. 23) (BR. 06)

S-3     VORNADO REALTY TRUST, 888 SEVENTH AVE, NEW YORK, NY, 10019,
        212-894-7000 - 0 ($5,153,930.00) Equity, (File 333-114807 - Apr. 23)
        (BR. 08)

N-2     TORTOISE ENERGY INFRASTRUCTURE CORP, 10801 MASTEIN BLVD, OVERLAND PARK,
        KS, 66210, 9139811020 - 0 ($1,000,000.00) Equity, (File 333-114808 -
        Apr. 23) (BR. 16)

S-8     APPLIED FILMS CORP, 9586 I-25 FRONTAGE ROAD, LONGMONT, CO, 80504,
        303-774-3200 - 1,224,000 ($33,684,480.00) Equity, (File 333-114809 -
        Apr. 23) (BR. 36)

S-3     IMMUNOMEDICS INC, 300 AMERICAN RD, MORRIS PLAINS, NJ, 07950,
        9736058200 - 0 ($70,000,000.00) Other, (File 333-114810 - Apr. 23)
        (BR. 01)

F-10    CP SHIPS LTD, 62-65 TRAFALGAR SQUARE, LONDON ENGLAND, X0, WC2N 5DY,
        8132764600 - 200,000,000 ($200,000,000.00) Other, (File 333-114811 -
        Apr. 23) (BR. 05)

S-3     ISTA PHARMACEUTICALS INC, 15279 ALTON PARKWAY 100, IRVINE, CA, 92618,
        9497886000 - 0 ($47,826,000.00) Equity,
        0 ($75,000,000.00) Unallocated (Universal) Shelf, (File 333-114815 -
        Apr. 23) (BR. 01)

S-1     ARPEGGIO ACQUISITION CORP, 10 EAST 53RD STREET, 36TH FLOOR, NEW YORK,
        NY, 10022, 2123197676 - 0 ($97,100,100.00) Equity, (File 333-114816 -
        Apr. 23) (BR. )


RECENT 8K FILINGS


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

    Item 1.    Changes in Control of Registrant.
    Item 2.    Acquisition or Disposition of Assets.
    Item 3.    Bankruptcy or Receivership.
    Item 4.    Changes in Registrant's Certifying Accountant.
    Item 5.    Other Materially Important Events.
    Item 6.    Resignations of Registrant's Directors.
    Item 7.    Financial Statements and Exhibits.
    Item 8.    Change in Fiscal Year.
    Item 9.    Regulation FD Disclosure.
    Item 10.   Amendments to the Registrant's Code of Ethics,
               or Waiver of a Provision of the Code of Ethics.
    Item 11.   Temporary Suspension of Trading Under
               Registrant's Employee Benefit Plans.
    Item 12.   Results of Operations and Financial Condition.

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 10 11 12 13     DATE     COMMENT
------------------------------------------------------------------------------------------------
21ST CENTURY INSURANCE GROUP            CA                            X      04/22/04

ACADIA REALTY TRUST                     MD                X   X       X      04/22/04

ACCENTURE LTD                                         X                      04/23/04

ACTEL CORP                              CA                            X      04/23/04

ADVENTRX PHARMACEUTICALS INC            DE    X X                            04/22/04    AMEND

AFC ENTERPRISES INC                     MN            X   X                  04/20/04

AGCO CORP /DE                           DE            X   X                  04/23/04

AGREE REALTY CORP                       DE                X           X      04/23/04

AIRNET COMMUNICATIONS CORP              DE            X   X                  04/22/04

ALASKA AIR GROUP INC                    DE                            X      04/23/04

ALLEGHANY CORP /DE                      DE                X           X      04/22/04

ALLIANCE RESOURCE PARTNERS LP           DE                X           X      04/23/04

ALLTEL CORP                             DE                         X         04/23/04

ALTEON INC /DE                          DE            X                      04/20/04

AMERICAN COMMUNITY BANCSHARES INC       NC            X   X           X      04/20/04

AMERICAN REAL ESTATE PARTNERS L P       DE                    X       X      04/23/04

AMERIQUEST MORTGAGE SEC INC ASSET BK    DE            X   X                  04/23/04

AMSOUTH AUTO RECEIVABLES LLC                          X   X                  04/15/04

APPLEBEES INTERNATIONAL INC             DE                    X              04/22/04

ARADYME CORP                            DE            X   X                  04/20/04

ARCH COAL INC                           DE                X   X       X      03/31/04

ARGENT SECURITIES INC ASSET BACK PASS           X         X                  04/06/04    AMEND

ARGENT SECURITIES INC ASSET BACK PASS           X         X                  04/06/04

ARROWHEAD RESEARCH CORP                 DE            X   X                  04/15/04

ARVINMERITOR INC                        IN                X           X      04/23/04

ASPENBIO INC                            CO            X                      04/05/04

ASSOCIATED BANC-CORP                    WI                            X      04/22/04

ASTORIA FINANCIAL CORP                  DE                X           X      04/22/04

AT&T WIRELESS SERVICES INC              DE                X   X       X      04/23/04

ATLANTIC LIBERTY FINANCIAL CORP         DE            X                      03/31/04

ATLANTIC LIBERTY FINANCIAL CORP         DE            X                      03/31/04

ATMI INC                                DE                X           X      04/21/04

ATP OIL & GAS CORP                      TX          X     X                  04/16/04

AUBURN NATIONAL BANCORPORATION INC      DE                X           X      04/22/04

AUSTRALIAN SECURIT MANAGEMENT PTY ARM                 X   X                  04/23/04

AUSTRALIAN SECURIT MANAGEMENT PTY ARM                 X   X                  04/23/04

AUTOCARBON INC                          DE      X                            10/16/03    AMEND

AVADO BRANDS INC                        GA                X           X      04/23/04

AVNET INC                               NY                    X              04/20/04

AXSYS TECHNOLOGIES INC                  DE      X     X   X                  04/08/04

BAD TOYS INC                            NV      X         X                  02/04/04    AMEND

BADGER PAPER MILLS INC                  WI                X           X      04/22/04

BANC CORP                               DE                X           X      04/22/04

BANC OF AMERICA COMMERCIAL MORT PASS    DE            X   X                  04/23/04

BANK MUTUAL CORP                        WI                            X      04/21/04

BEAR STEARNS COMMERCIAL MORTGAGE SECU   DE            X   X                  04/23/04

BIOSOURCE INTERNATIONAL INC             DE                X           X      02/23/04

BRANDYWINE REALTY TRUST                 MD                X           X      04/22/04

BRITTON & KOONTZ CAPITAL CORP           MS            X   X   X              04/21/04

BROOKE CORP                             KS            X                      04/23/04

BROWN & BROWN INC                       FL            X                      04/23/04

BRUKER BIOSCIENCES CORP                 DE                    X              04/23/04

BUCKEYE TECHNOLOGIES INC                DE            X                      04/23/04

BUTLER MANUFACTURING CO                 DE            X   X                  04/23/04

BUTLER MANUFACTURING CO                 DE            X   X                  04/23/04

BWC FINANCIAL CORP                      CA                            X      03/31/04

C COR NET CORP                          PA                X           X      04/22/04

CAM COMMERCE SOLUTIONS INC              DE            X                      04/23/04

CAMBREX CORP                            DE                X           X      04/22/04

CAPITOL BANCORP LTD                     MI                X           X      04/23/04

CARDIODYNAMICS INTERNATIONAL CORP       CA            X                      04/22/04

CARE CONCEPTS I INC  /FL/               DE      X         X                  04/13/04

CARPENTER TECHNOLOGY CORP               DE                X           X      04/23/04

CASH AMERICA INTERNATIONAL INC          TX                X           X      04/22/04

CEDAR FAIR L P                          DE      X                            04/08/04

CENDANT MORTGAGE CAPITAL LLC            DE            X   X                  04/23/04

CENTRAL PACIFIC FINANCIAL CORP          HI            X   X                  04/22/04

CENTRAL PACIFIC FINANCIAL CORP          HI                            X      04/23/04

CERTIFIED SERVICES INC                  NV            X                      04/07/04

CFC INTERNATIONAL INC                   DE                X           X      03/31/04

CHASE MANHATTAN BANK /NY/               NY            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE          X X                      04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN BANK USA                DE            X   X                  04/15/04

CHASE MANHATTAN MARINE OWNER TRUST 19   NY            X   X                  04/15/04

CHASE MANHATTAN RV OWNER TRUST 1997-A   DE            X   X                  04/15/04

CHEMICAL FINANCIAL CORP                 MI                X   X              04/23/04

CHESAPEAKE CORP /VA/                    VA            X                      04/23/04

CHESTERFIELD FINANCIAL CORP                               X           X      04/22/04

CHOICEONE FINANCIAL SERVICES INC        MI                    X              04/23/04

CHRISKEN PARTNERS CASH INCOME FUND L    DE            X                      04/14/04

CIRCOR INTERNATIONAL INC                DE                X   X              04/21/04

CIT RV TRUST 1996-B                     DE                X                  04/21/04

CIT RV TRUST 1997 A                     DE                X                  04/21/04

CIT RV TRUST 1998-A                     DE                X                  04/21/04

CIT RV TRUST 1999-A                     DE                X                  04/21/04

CITIGROUP MORTGAGE LOAN TRUST SERIES            X         X                  03/31/04

CLEAN HARBORS INC                       MA                            X      04/23/04

CLICK COMMERCE INC                              X         X           X      04/22/04

CNET NETWORKS INC                       DE            X                      04/21/04

COACHMEN INDUSTRIES INC                 IN                    X              04/23/04

COAST FINANCIAL HOLDINGS INC                              X           X      04/22/04

COBIZ INC                               CO                            X      04/22/04

COCA COLA BOTTLING CO CONSOLIDATED /D   DE                X           X      04/21/04

COMMONWEALTH INDUSTRIES INC/DE/         DE                    X              04/23/04

COMMUNICATION INTELLIGENCE CORP         DE                X                  03/31/04

COMMUNITY FIRST INC                     TN            X                      04/23/04

COMMUNITY HEALTH SYSTEMS INC            DE            X   X                  04/19/04

COMPUTER PROGRAMS & SYSTEMS INC         DE                X           X      04/22/04

CONMED CORP                             NY                X           X      04/22/04

CONNS INC                               DE            X   X                  04/23/04

CONTINUCARE CORP                        FL                X   X              04/23/04

CORAM HEALTHCARE CORP                   DE            X   X                  04/15/04

CT COMMUNICATIONS INC /NC               NC            X   X                  04/23/04

CUMMINS INC                             IN                X                  04/23/04

CWMBS INC                               DE            X   X                  04/23/04

CYTEC INDUSTRIES INC/DE/                DE                            X      04/22/04

CYTRX CORP                              DE            X   X                  04/23/04

DALEEN TECHNOLOGIES INC                 DE                            X      04/23/04

DATAJUNGLE SOFTWARE INC                 NV          X                        04/16/04

DATAJUNGLE SOFTWARE INC                 NV                X                  10/01/03    AMEND

DATAWAVE SYSTEMS INC                    B0            X                      04/23/04

DEL GLOBAL TECHNOLOGIES CORP            NY            X   X                  04/22/04

DEL GLOBAL TECHNOLOGIES CORP            NY            X   X                  04/17/04

DENNYS CORP                             DE                X   X              04/22/04

DEUTSCHE MORTGAGE SECURITIES INC                      X   X                  04/23/04

DEUTSCHE MORTGAGE SECURITIES INC                      X   X                  04/23/04

DIEBOLD INC                             OH                    X              04/23/04

DIGITAL ANGEL CORP                      DE      X         X                  04/19/04

DIME COMMUNITY BANCSHARES INC           DE                    X              04/22/04

DOLLAR GENERAL CORP                     TN                X   X              04/23/04

E THE MOVIE NETWORKS                    FL          X                        04/22/04

EARTHLINK INC                           DE            X   X                  04/22/04

EMPIRE DISTRICT ELECTRIC CO             KS                X   X       X      04/22/04

EXPLORATION CO OF DELAWARE INC          DE                    X              04/19/04

EXTENDICARE HEALTH SERVICES INC         DE            X   X                  04/22/04

EXULT INC                               DE            X   X                  04/22/04

FAMILY DOLLAR STORES INC                DE                    X              04/22/04

FARMERS & MERCHANTS BANCORP             DE            X               X      04/19/04

FAUQUIER BANKSHARES INC                 VA                X           X      04/22/04

FINANCIAL ASSET SEC CORP MERITAGE MOR   DE      X         X                  03/30/04

FINANCIAL INDUSTRIES CORP               TX            X   X                  12/31/03

FIRST BANCTRUST CORP                    DE            X   X                  04/19/04

FIRST BANKS INC                         MO                            X      03/31/04

FIRST CASH FINANCIAL SERVICES INC       DE          X     X                  03/12/04    AMEND

FIRST CITIZENS BANCORPORATION OF SOUT   SC                X   X       X      04/22/04

FIRST FINANCIAL HOLDINGS INC /DE/       DE                    X              04/23/04

FIRST INDIANA CORP                      IN                X           X      04/21/04

FIRST OTTAWA BANCSHARES INC             DE                X           X      04/23/04

FIRST PACTRUST BANCORP INC              MD                X   X              04/23/04

FIRST SENTINEL BANCORP INC              DE                X           X      04/23/04

FIRSTFED AMERICA BANCORP INC            DE            X   X                  04/22/04

FLIR SYSTEMS INC                        OR                X           X      04/21/04    AMEND

FLUSHING FINANCIAL CORP                 DE                X           X      03/31/04

FNBH BANCORP INC                        MI                X           X      03/31/04

FORTUNE BRANDS INC                      DE                X   X              04/23/04

FRANKLIN LAKE RESOURCES INC  /NV        NV                X   X              04/22/04

FRESH BRANDS INC                                    X     X                  04/23/04

FULLER H B CO                           MN          X     X                  04/15/04

GB&T BANCSHARES INC                     GA                            X      04/22/04

GE COMMERCIAL MORT CORP PASS THR CERT   DE            X   X                  04/22/04

GEHL CO                                 WI                X           X      04/23/04

GENAERA CORP                            DE            X   X                  04/22/04

GENE LOGIC INC                          DE                X           X      04/23/04

GETTY REALTY CORP /MD/                  MD            X                      04/22/04

GIANT GROUP LTD                         DE            X   X                  04/23/04

GOLDEN EAGLE INTERNATIONAL INC          CO            X   X                  04/16/04

GOLDEN STATE VINTNERS INC                             X   X                  04/23/04

GREATER COMMUNITY BANCORP               NJ            X   X                  04/21/04

GS MORTGAGE SECURITIES CORP             DE            X   X                  04/22/04

GS MORTGAGE SECURITIES CORP             DE            X   X                  04/21/04

GUARANTY BANCSHARES INC /TX/            TX                X           X      04/22/04

HANCOCK HOLDING CO                      MS            X                      04/22/04

HARRIS & HARRIS GROUP INC /NY/          NY            X                      04/22/04

HAWTHORNE FINANCIAL CORP                CA                            X      04/22/04

HAYES LEMMERZ INTERNATIONAL INC         DE            X   X                  04/15/04

HEARTLAND FINANCIAL USA INC             DE            X                      04/23/04

IBERIABANK CORP                         LA                            X      04/22/04

IEC ELECTRONICS CORP                    DE                X           X      04/22/04

IHOP CORP                               DE            X               X      04/22/04

ILINC COMMUNICATIONS INC                DE            X                      04/23/04

IMCOR PHARMACEUTICAL CO                 NV                X                  04/14/04

IMPAC MEDICAL SYSTEMS INC                       X         X                  12/23/03    AMEND

INLAND REAL ESTATE CORP                 MD            X                      04/22/04

INSURANCE AUTO AUCTIONS INC /CA         IL                X           X      04/23/04

INTEGRATED CIRCUIT SYSTEMS INC          PA                            X      04/21/04

INTELLI CHECK INC                       DE          X     X                  04/21/04

INTERCHANGE FINANCIAL SERVICES CORP /   NJ            X   X                  04/23/04

INTERNATIONAL LEASE FINANCE CORP        CA                X                  04/23/04

INTERNATIONAL PAPER CO /NEW/            NY                            X      04/23/04

INTERNATIONAL SPEEDWAY CORP             FL            X       X              04/23/04

INTERNATIONAL WIRELESS INC              MD            X                      04/23/04

INTERNET AMERICA INC                    TX                    X              04/23/04

INTEVAC INC                             CA                X           X      04/23/04

ISOLAGEN INC                            DE          X X   X                  04/23/04

ISTA PHARMACEUTICALS INC                CA                X           X      04/23/04

JACOBS ENGINEERING GROUP INC /DE/       DE                            X      04/21/04

JEFFERSON BANCSHARES INC                TN                X           X      04/23/04

KAISER ALUMINUM & CHEMICAL CORP         DE            X   X                  04/21/04

KAISER ALUMINUM CORP                    DE            X   X                  04/21/04

KEYSTONE CONSOLIDATED INDUSTRIES INC    DE                    X              04/16/04

LABRANCHE & CO INC                      DE            X               X      04/23/04

LADISH CO INC                           WI                X           X      04/22/04

LATTICE SEMICONDUCTOR CORP              DE                X   X              04/23/04

LECTEC CORP /MN/                        MN          X     X                  04/23/04

LL&E ROYALTY TRUST                      TX                X   X       X      04/23/04

LOCAL FINANCIAL CORP /NV                DE                X   X              04/23/04

LOGANSPORT FINANCIAL CORP               IN                X           X      04/22/04

LONE STAR STEAKHOUSE & SALOON INC       DE            X   X                  04/23/04

LONG BEACH SECURITIES CORP              DE            X   X                  04/20/04

LUBRIZOL CORP                           OH                X           X      04/23/04

MANOR CARE INC                          DE                X           X      04/23/04

MARCONI CORP PLC                        X0            X                      04/23/04

MARLIN BUSINESS SERVICES CORP                                         X      04/22/04

MASSEY ENERGY CO                        DE                X   X              04/22/04

MATRIA HEALTHCARE INC                   DE                X           X      04/22/04

MCI INC                                 DE            X   X                  04/20/04

MCMORAN EXPLORATION CO /DE/             DE                            X      04/22/04

MERCURY COMPUTER SYSTEMS INC            MA            X   X                  04/23/04

MERITAGE CORP                           MD            X                      04/23/04

MERRILL LYNCH MORTGAGE INVESTORS INC    DE            X   X                  04/20/04

METRO ONE TELECOMMUNICATIONS INC        OR                X           X      04/23/04

METROLOGIC INSTRUMENTS INC              NJ                X                  04/22/04

MFA MORTGAGE INVESTMENTS                MD            X   X                  04/23/04

MICRO COMPONENT TECHNOLOGY INC          MN                X           X      04/21/04

MICROHELIX INC                          OR            X   X                  04/22/04

MICROSOFT CORP                          WA                            X      04/22/04

MIDCAROLINA FINANCIAL CORP              NC            X   X                  04/23/04

MIDDLEFIELD BANC CORP                   OH                            X      04/20/04

MILACRON INC                            DE            X   X                  04/23/04

MORGAN STANLEY ABS CAPITAL I INC        DE            X   X                  04/22/04

MPOWER HOLDING CORP                     DE            X                      04/23/04

MYERS INDUSTRIES INC                    OH                X           X      03/31/04

MYERS INDUSTRIES INC                    OH                X           X      03/31/04    AMEND

NATIONAL CITY CREDIT CARD MASTER TRUS                 X   X                  04/15/04    AMEND

NATIONAL HEALTHCARE CORP                DE            X                      04/23/04

NATIONAL HEALTHCARE CORP                DE            X                      04/23/04

NETWORKS ASSOCIATES INC/                DE            X   X                  04/22/04

NEW BRUNSWICK SCIENTIFIC CO INC         NJ            X                      04/23/04

NEW YORK COMMUNITY BANCORP INC          DE                X   X              04/23/04

NEXPRISE INC                            DE                X           X      04/21/04

NEXT INC/TN                             DE            X   X                  04/16/04

NEXT INC/TN                             DE            X   X                  04/19/04

NORTH COUNTRY FINANCIAL CORP            MI            X                      04/23/04

NORTH FORK BANCORPORATION INC           DE                X                  04/19/04

NORTHWEST NATURAL GAS CO                OR                            X      04/23/04

OCCIDENTAL PETROLEUM CORP /DE/          DE            X       X       X      04/23/04

OLD NATIONAL BANCORP /IN/               IN                X           X      04/22/04

OPTIMAL GROUP INC                               X         X                  04/08/04

P F CHANGS CHINA BISTRO INC                               X           X      04/21/04

PACIFIC CAPITAL BANCORP /CA/            CA                X           X      04/23/04

PANTRY INC                              DE                            X      04/22/04

PDS GAMING CORP                         MN            X   X                  04/22/04

PEAK INTERNATIONAL LTD                  D0                            X      04/21/04

PELICAN FINANCIAL INC                   DE                            X      04/23/04

PENN NATIONAL GAMING INC                PA                X           X      04/21/04

PENTAIR INC                             MN            X                      04/23/04

PEOPLES ENERGY CORP                     IL                    X       X      04/23/04

PERKINELMER INC                         MA                            X      04/22/04

PERRIGO CO                              MI                            X      04/23/04

PFGI CAPITAL CORP                       MD                            X      04/22/04

PHILADELPHIA CONSOLIDATED HOLDING COR   PA            X   X           X      04/22/04

PIZZA INN INC /MO/                      MO            X                      04/22/04

PNM RESOURCES INC                       NM                    X              03/31/04

POORE BROTHERS INC                      DE                X   X              04/22/04

PRIVATEBANCORP INC                      DE            X   X                  04/23/04

PROGRAMMERS PARADISE INC                DE                    X       X      04/22/04

PROGRESS ENERGY INC                     NC                X        X         04/05/04

PROVIDENT BANKSHARES CORP               MD                X           X      04/21/04

PROVIDENT FINANCIAL SERVICES INC        DE                X           X      04/23/04

PROVIDIAN MASTER TRUST                                X   X                  04/15/04

PURE WORLD INC                          DE                X   X              04/23/04

PVF CAPITAL CORP                        OH                X           X      04/21/04

QCR HOLDINGS INC                        DE            X               X      04/23/04

QLT INC/BC                              A1            X   X                  04/23/04

QT 5 INC                                DE            X   X                  04/08/04

R&G FINANCIAL CORP                      PR                X   X              04/23/04

REEBOK INTERNATIONAL LTD                MA                X           X      04/22/04

REGEN BIOLOGICS INC                     DE            X   X                  04/19/04

REPUBLIC FIRST BANCORP INC              PA                X   X              04/22/04

RESIDENTIAL ASSET SECURITIES CORP       DE            X   X                  04/23/04

ROYAL BANCSHARES OF PENNSYLVANIA INC    PA            X   X                  03/31/04

ROYAL GOLD INC                          DE                            X      04/22/04

RS GROUP OF COMPANIES INC               FL            X                      04/22/04

SAFETY COMPONENTS INTERNATIONAL INC     DE                    X              04/22/04

SAN RAFAEL BANCORP                      CA                X           X      04/23/04

SANTANDER BANCORP                                         X   X              04/21/04

SAUL CENTERS INC                        MD                X           X      04/22/04

SAXON CAPITAL INC                       DE            X   X           X      04/22/04

SCANA CORP                              SC                X           X      04/23/04

SCHLUMBERGER LTD /NV/                   P8                X           X      04/23/04

SEACOAST FINANCIAL SERVICES CORP        MA                X           X      04/22/04

SENTO CORP                              UT                X   X       X      04/22/04

SI INTERNATIONAL INC                    DE                    X              04/23/04

SIERRA BANCORP                          CA                X           X      04/19/04

SILGAN HOLDINGS INC                     DE                X           X      04/22/04

SIMPSON MANUFACTURING CO INC /CA/       DE                    X              04/22/04

SIMPSON MANUFACTURING CO INC /CA/       DE                    X              04/23/04

SMITH INTERNATIONAL INC                 DE                X           X      04/23/04

SMITHTOWN BANCORP INC                   NY            X                      04/22/04

SMURFIT STONE CONTAINER CORP            DE                X           X      04/23/04

SOUTHERN STAR CENTRAL CORP              DE            X   X                  04/23/04

SPARTA INC /DE                          DE                X           X      04/22/04

SPEAKING ROSES INTERNATIONAL INC        NV                X                  02/06/04    AMEND

SPECTRALINK CORP                        CO                X           X      04/21/04

SPECTRUM PHARMACEUTICALS INC            DE            X   X                  04/21/04

SPIEGEL INC                             DE            X                      04/20/04

SPORTS CLUB CO INC                      DE            X                      04/19/04

ST JOSEPH CAPITAL CORP                  DE            X   X                  04/23/04

ST PAUL TRAVELERS COMPANIES INC         MN                X                  04/01/04    AMEND

STATE FINANCIAL SERVICES CORP           WI                X           X      04/20/04

STATION CASINOS INC                     NV            X                      04/22/04

STERIS CORP                             OH                            X      04/23/04

STONEPATH GROUP INC                     DE                X                  02/09/04    AMEND

SUMMIT BANK CORP                        GA                    X              03/31/04

SUMMIT PROPERTIES INC                   MD                X           X      04/23/04

SUMMIT PROPERTIES PARTNERSHIP L P       DE                X           X      04/23/04

SUN CITY INDUSTRIES INC                 DE    X           X                  04/23/04

SUN HYDRAULICS CORP                     FL          X                        04/19/04

SUPERIOR INDUSTRIES INTERNATIONAL INC   CA                            X      04/16/04

SUPERIOR UNIFORM GROUP INC              FL                            X      04/22/04

SURREY BANCORP                          NC                X   X              04/22/04

SUSSEX BANCORP                          NJ                X           X      01/08/04

SYMS CORP                               NJ                X           X      04/22/04

SYNALLOY CORP                           DE                X           X      04/23/04

SYNTEL INC                              MI                X           X      04/23/04

SYNTEL INC                              MI                    X              04/23/04

TEKELEC                                 CA      X         X                  04/08/04

TELECOM COMMUNICATIONS INC                          X     X                  04/12/04

TENGASCO INC                            TN            X                      04/23/04

TESSCO TECHNOLOGIES INC                 DE                X           X      04/22/04

TESSERA TECHNOLOGIES INC                DE            X   X                  04/22/04

THERAGENICS CORP                        DE                X                  03/31/04

THOMAS GROUP INC                        DE                            X      04/22/04

THOMAS INDUSTRIES INC                   DE            X   X                  04/22/04

TIBCO SOFTWARE INC                      DE            X   X                  04/22/04

TOTH ALUMINUM CORP                      LA      X                            04/22/04

TRACK DATA CORP                         DE      X                            04/23/04

TRI CITY BANKSHARES CORP                WI                            X      04/23/04

U S ENERGY SYSTEMS INC                  DE      X         X                  04/08/04

U S RESTAURANT PROPERTIES INC           MD            X   X                  04/22/04

UCAP INC                                CO            X   X                  04/22/04

UNITED PAN AM FINANCIAL CORP            CA                X           X      04/22/04

UNIVERSAL HEALTH SERVICES INC           DE                X           X      04/23/04

UNIVERSAL TECHNICAL INSTITUTE INC       DE                    X              04/16/04

UROLOGIX INC                            MN                X           X      04/22/04

US CAN CORP                             DE            X                      04/23/04

USA TRUCK INC                           DE                X           X      04/22/04

USI HOLDINGS CORP                       DE            X   X                  04/20/04

UTSTARCOM INC                           DE            X                      04/22/04

VALUE LINE INC                          NY            X   X                  04/23/04

VASCO DATA SECURITY INTERNATIONAL INC   DE                X           X      04/22/04

VISUAL BIBLE INTERNATIONAL INC          FL            X X X                  04/23/04

VITESSE SEMICONDUCTOR CORP              DE                    X       X      04/22/04

WASHINGTON MUTUAL MORTGAGE SECURITIES   DE                X                  04/21/04

WASHTENAW GROUP INC                                                   X      04/23/04

WATER PIK TECHNOLOGIES INC              DE            X   X                  04/23/04

WAYPOINT FINANCIAL CORP                 PA                X                  04/23/04

WELLS FARGO ASSET SECURITIES CORP       DE            X   X                  04/23/04

WELLS FARGO ASSET SECURITIES CORP       DE            X   X                  04/23/04

WESTBANK CORP                           MA            X                      04/21/04

WEYERHAEUSER CO                         WA                    X              04/23/04

WHITING PETROLEUM CORP                  DE            X   X                  04/22/04

WILBER CORP                                               X           X      04/23/04

WILMINGTON TRUST CORP                   DE            X                      04/15/04

WORLD WRESTLING ENTERTAINMENTINC        DE                X           X      04/23/04

XM SATELLITE RADIO HOLDINGS INC         DE            X   X                  04/23/04

Y3K SECURE ENTERPRISE SOFTWARE INC      NV          X                        04/19/04

YELLOW ROADWAY CORP                     DE                X           X      04/22/04

YP NET INC                              NV                X   X              04/22/04

ZHONE TECHNOLOGIES INC                  DE            X   X                  04/22/04

DIVERSA CORP                            DE                            X      04/21/04

LINCOLN BANCORP /IN/                    IN                X           X      04/23/04