SEC NEWS DIGEST

Issue   2003-78                                                      April 24, 2003

     
COMMISSION ANNOUCEMENTS
     
     
CHAIRMAN WILLIAM DONALDSON ANNOUNCES SELECTION OF LEADERSHIP TEAM

     On  April 23, Chairman William H. Donaldson announced the appointment of
     Laura Cox, Peter Derby and Patrick Von Bargen to serve as the leadership
     team  in  the  Office  of  the Chairman at the Securities  and  Exchange
     Commission.
     
     "The  Securities  and  Exchange Commission has received  tremendous  new
     resources,  and  there  is  a unique and exciting  opportunity  for  the
     Commission  to use these resources to create a quicker, more  agile  and
     more proactive organization.  Strong and effective management is crucial
     to  this transition and is as much a part of investor protection as  any
     aspect  of  the  Commission's work.  Our outreach to investors  and  the
     public, our management of the Commission's unprecedented growth, and our
     continued  pursuit  of  a thorough and fair regulatory  and  enforcement
     program are all vital aspects of our mission.  Each should have the full
     attention of the Chairman's office.
     
     "I  have  asked Laura, Peter and Patrick to each focus their efforts  on
     one  facet  of this mission.  They each bring a wealth of experience  to
     their  position, and I look forward to working with them to further  the
     best interests of America's investors," Chairman Donaldson said.
     
     Laura  Cox  has been named Managing Executive for External Affairs.   In
     this  position  Cox will assist the Chairman with the oversight  of  the
     Commission's  legislative  affairs,  public  affairs,  intergovernmental
     affairs   and   investor  education  efforts  and  provide  coordinated,
     strategic  advice  in  these  areas.  Cox  currently  serves  as  Deputy
     Assistant Secretary for Banking and Finance in the Office of Legislative
     Affairs  at the U.S. Department of the Treasury where she is responsible
     for  representing  the  Administration's  domestic  finance  agenda  and
     priorities with Members of Congress and congressional staff.   Prior  to
     joining  the  Treasury,  Cox  was Vice President  for  Strategic  Policy
     Communications,   Government   and  Regulatory   Affairs   at   Instinet
     Corporation. Prior to Instinet, Cox spent eight years on Capitol Hill  -
     six  with Senate Banking Committee Chairman Richard C. Shelby (R-AL) and
     as  Communications  Director  to the Senate Republican  Conference  Vice
     Chairman, Paul Coverdell (R-GA).  She began her tenure in Washington  in
     the office of Rep. Charles W. Stenholm (D-TX).
     
     Peter  Derby has been named Managing Executive for Operations.  In  this
     position  Derby will assist the Chairman with the increase in the  SEC's
     operational   effectiveness   and   responsiveness   while   considering
     administrative,  operational and management  issues  as  the  Commission
     grows.   Derby has served as an elected member of the Board of  Trustees
     of the Village of Irvington-on-Hudson, New York, since 2002. Derby spent
     a decade in Russia, where he participated in the founding of DialogBank,
     the  first  private  Russian bank to receive  an  international  banking
     license.   He  was named CFO in 1990, served as President and  CEO  from
     1991  to  1997  and as Chairman from 1997 to 1998.  Additionally,  Derby
     founded  the first Russian investment firm, Troika Dialog and served  as
     President  and CEO from 1991 - 1996 and as Chairman from 1996  to  1997.
     Prior to his tenure in Russia, Derby was a Corporate Finance Officer  at
     National  Westminster Bank from 1985 to 1990, and an  Auditor  at  Chase
     Manhattan Bank from 1983 to 1985, both in New York City.
     
     Patrick  Von  Bargen has been named Managing Executive  for  Policy  and
     Staff.   In this position Von Bargen will assist the Chairman  with  the
     promulgation  and  enforcement  of  policies,  regulations,  rules   and
     procedures   governing  markets  and  issuers.   He  will  be   Chairman
     Donaldson's  primary liaison with the other Commissioners'  offices  and
     conduct  the  management of the Chairman's personal  office.   Prior  to
     joining the Securities and Exchange Commission, Von Bargen was Executive
     Director   of   the   National  Center  for  Regional   Innovation   and
     Competitiveness and Vice President of the Council on Competitiveness,  a
     public  policy  organization of major CEO's, university  presidents  and
     labor  leaders founded in 1986 by Hewlett-Packard President John  Young.
     From  1999  to  2002,  he  was the founding Executive  Director  of  the
     National Commission on Entrepreneurship.  Von Bargen served as Chief  of
     Staff  for United States Senator Jeff Bingaman (D-NM) from 1989 to 1999.
     He  practiced law first in San Francisco at the law firm of Morrison and
     Foerster and then became a partner with Hutchinson, Black, Hill and Cook
     in  Boulder, Colorado.  Von Bargen began his career as an associate with
     Sequoia  Funds, a Menlo Park, California, venture capital fund.   (Press
     Rel. 2003-50)


ENFORCEMENT PROCEEDINGS


COMMISSION ORDERS MAXWORLDWIDE, INC., F.K.A. L90, INC. TO CEASE AND DESIST
      
     On April 23, the Commission ordered MaxWorldwide, Inc., f.k.a. L90, Inc.
     (L90)  to  cease and desist from violating the reporting, recordkeeping,
     and  internal control provisions of the federal securities  laws.   L90,
     during  the  relevant  period, was a Marina  Del  Rey,  California-based
     Internet advertising firm that is now based in New York, New York.   The
     Commission's  order  found  that, from Q3  2000  through  Q3  2001,  L90
     overstated its revenue by a total of $4.9 million, or 9.2%, and as  much
     as  29%  in  one  quarter, and was thereby able to meet stock  analysts'
     revenue  estimates in all but one quarter.  L90 reported the  overstated
     financial results in its 2000 Form 10-K and its Q3 2000, Q1, Q2, and  Q3
     2001  Forms  10-Q.   In  May and June 2002, L90 restated  its  financial
     statements.    L90,  without  admitting  or  denying  the   Commission's
     findings, agreed to the order to cease and desist.
     
     The  Commission's  order found that the principal  method  L90  used  to
     generate these overstated revenues involved barter transactions in which
     L90  either recognized its own cash as revenue or overstated its revenue
     by  "check-swapping" or "round-tripping" cash with  one  or  more  third
     parties.   In  these  transactions,  L90  swapped  advertising  on   its
     proprietary  website,  webMillion.com,  with  advertising   on   another
     company's website and, to generate revenue from the barter transactions,
     exchanged cash with the other company.  In the second revenue-generating
     method, L90 booked revenue for a large advertising campaign despite  the
     fact  that certain top L90 managers knew from the outset of the campaign
     that  L90  would never receive payment from the client.  By  recognizing
     revenue  on these transactions, L90 overstated its revenues and departed
     from Generally Accepted Accounting Principles (GAAP).
     
     The  Commission's order also found that L90 misclassified its  2000  and
     2001  research  and development expenses.  Specifically, L90  improperly
     classified  as  research  and  development  expenses  approximately  $26
     million  of  operating  expenses related to L90's  proprietary  computer
     system.   L90's recording of these expenses as research and  development
     was  improper and not in conformity with GAAP.  L90 is currently in  the
     process  of  restating its financial statements concerning research  and
     development expenses for 2000 and 2001.
     
     The  Commission  ordered  L90 to cease and  desist  from  committing  or
     causing  violations  of  reporting  provisions,  Section  13(a)  of  the
     Securities  Exchange  Act of 1934 and Rules 12b-20,  13a-1,  and  13a-13
     thereunder; and recordkeeping and internal control provisions,  Sections
     13(b)(2)(A) and 13(b)(2)(B) of the Exchange Act.
     
     In  a  related  action,  the Commission filed  a  complaint  in  federal
     district  court  in Los Angeles, California against L90's  former  Chief
     Executive  Officer, Vice President of Finance, Senior Vice President  of
     Business  Development, and Controller (SEC v. John  C.  Bohan,  et  al.,
     C.D.Cal.).  (Rel. 34-47727; AAE Rel. 1760; File No. 3-11090)

WORLD  VISION  ENTERTAINMENT,  INC. PONZI SCHEME  PRINCIPAL  JAMIE  PIROMALLI
RECEIVES THREE AND ONE-HALF YEAR PRISON SENTENCE AND ORDERED TO PAY OVER  $24
MILLION IN RESTITUTION

     The  Commission announced today that on April 11 the U.S. District Court
     for  the  Middle District of Florida-Tampa Division sentenced  Jamie  P.
     Piromalli (Piromalli) of Maitland, Florida, to three and one-half  years
     in  prison  for his role in the World Vision Entertainment, Inc.  (World
     Vision)  promissory note Ponzi scheme.  The Court also ordered Piromalli
     to pay over $24 million in restitution.
     
     Previously,  on  July 30, 2002, Piromalli pled guilty to  one  count  of
     conspiracy to commit securities fraud.
     
     Piromalli and four additional World Vision principals (Defendants)  were
     the  subjects  of a civil injunctive action, SEC v. Piromalli,  et  al.,
     filed  by  the SEC on June 1, 2000, in the U.S. District Court  for  the
     Southern  District  of  Ohio.   The SEC's  complaint  alleged  that  the
     Defendants  offered  and  sold securities  in  the  form  of  nine-month
     promissory  notes through a nationwide sales network and  made  numerous
     false  and  misleading statements to investors about  the  World  Vision
     notes.  Specifically, the Defendants misrepresented that the notes  were
     unconditionally guaranteed and insured and that all of the  proceeds  of
     the offering would be used to develop World Vision's products.  Instead,
     the  Defendants allegedly used the proceeds of the note offering to  pay
     for   the  personal  and  business  expenses  of  company  officers  and
     directors, to cover interest and principal payments to investors and  to
     pay  large, undisclosed commissions to the sales network.  Through World
     Vision,  the Defendants, and others acting in concert with them,  raised
     at  least  $64 million from approximately 1,200 investors in  33  states
     from the sale of World Vision promissory notes.  As a result, when World
     Vision filed for bankruptcy protection in September 1999, investors lost
     approximately $52 million.

     The  SEC obtained an order of permanent injunction against Piromalli  on
     Aug. 27, 2001.  In addition, on Jan. 22, 2002, Piromalli was ordered  to
     pay  $5,218,531.61  in  disgorgement and  prejudgment  interest  and  an
     $110,000  civil  penalty.  The SEC is currently seeking to  enforce  its
     judgments  against  Piromalli.  For further  information  see  LR-17773.
     [SEC  v.   Jamie P. Piromalli, et al., Civil Action No. C-2-00  622,  SD
     Ohio] (LR-18098)
     
SECURITIES LAW RECIDIVIST SENTENCED TO OVER 5 YEARS IN PRISON

     On  April  22, the U.S. District Court for the Eastern District  of  New
     York  sentenced Dr. Jui-Teng Lin to 5 years and 10 months in prison  for
     securities  fraud and money laundering.  Dr. Lin was convicted  by  jury
     trial  on  Dec. 13, 2002.  According to the evidence at trial,  Dr.  Lin
     manipulated  the  common stock of Surgilight, Inc.,  a  publicly  traded
     company  headquartered in Orlando, Florida.  Dr.  Lin  settled  a  prior
     civil  action  brought  by the Commission in 1998  by  consenting  to  a
     permanent   injunction  against  further  violations  of   the   federal
     securities  laws  [see  SEC v. Jui-Teng Lin and Yuchin  Lin,  Litigation
     Release  No.  15870  (Sept.  3, 1998)].  Dr.  Lin's  violation  of  that
     injunction  resulted in an enhancement of his sentence in the Surgilight
     case.   Simultaneously with his indictment, the Commission filed a civil
     action  against Dr. Lin and others in the U.S. District  Court  for  the
     Middle District of Florida arising out of the same securities fraud  for
     which   he   was  convicted.  That  action  is  pending.   For   further
     information, see Litigation Release Nos. 17899 (Dec. 17, 2002) and 17469
     (April  11, 2002).   [U.S. v. Jui-Teng Lin, CR-02-0423, DGT, EDNY]  (LR-
     18099)
     
SEC  AND  U.S.  ATTORNEY'S  OFFICE BRING CIVIL AND CRIMINAL  FINANCIAL  FRAUD
ACTIONS AGAINST FORMER OFFICERS OF INTERNET ADVERTISING COMPANY

     The  Commission, the U.S. Attorney's Office for the Central District  of
     California  and the Federal Bureau of Investigation today announced  the
     filing  of civil and criminal charges against former senior officers  of
     L90,  Inc.  (currently known as MaxWorldwide, Inc. and headquartered  in
     New  York, NY), an Internet advertising firm that was located in  Marina
     Del  Rey,  California.  The civil and criminal actions allege  that  the
     officers   engaged   in  fraudulent  conduct  that   resulted   in   the
     overstatement of L90's revenues to the public in 2000 and 2001.  Each of
     the  defendants  settled the Commission's action  without  admitting  or
     denying the allegations in the complaint.
     
     The Commission's civil complaint, filed today in U.S. District Court  in
     Los  Angeles,  alleges that John C. Bohan, L90's former CEO,  president,
     and member of L90's board of directors; Lucrezia Bickerton, L90's former
     vice  president  of  finance; Mark D. Roah,  L90's  former  senior  vice
     president  of  business  development  and  member  of  L90's  board   of
     directors;  and Chantel J. Loo, L90's former controller and director  of
     finance,  engaged  in  a  scheme  to  generate  false  revenues  through
     fraudulent barter transactions with other Internet companies in order to
     meet  stock analysts' revenue estimates.  To generate revenue from these
     barter  transactions,  L90 swapped checks with the  other  companies  or
     "round-tripped" cash through more than one third party.  The essence  of
     the  round-trip transactions was a circular flow of money by  which  L90
     improperly recognized revenue.

     The  Justice  Department's criminal action, also filed this  morning  in
     federal  court  in  Los Angeles, charges Bohan with criminal  securities
     fraud.   Bickerton and Roah are charged with being part of a  conspiracy
     to  commit securities fraud in connection with L90's fraudulent  scheme.
     Roah  also  is charged in a separate conspiracy to fraudulently  inflate
     the   revenues  of  Homestore.com,  Inc.   As  a  participant  in   that
     conspiracy, Roah is charged with orchestrating "round-trip" transactions
     involving  Homestore, L90 and other companies, which  enabled  Homestore
     fraudulently  to recognize its own cash as revenue.  In the  process,  a
     company controlled by Roah received over $650,000 cash.

     Bohan,  Bickerton,  and  Roah  have agreed to  settle  the  Commission's
     lawsuit, to plead guilty to the criminal charges, and to cooperate  with
     the  government in the ongoing investigation.  Loo, who was not  charged
     in the criminal case, has agreed to settle the Commission's lawsuit.

     The  Commission's complaint alleges that the primary scheme  to  inflate
     revenues involved ten barter transactions that L90 fraudulently recorded
     on  its  books.  In five of these transactions, L90 agreed  to  exchange
     Internet  advertising  on its proprietary website, webMillion.com,  with
     one  other company, swapped checks of identical or similar amounts  with
     the  same  company,  and  improperly recognized  revenue  on  the  money
     received  in  the exchange.  In five other transactions, L90  agreed  to
     exchange  advertising on webMillion.com with at least one other company,
     engaged  in  the  round-tripping of money through  at  least  two  other
     companies, and improperly recognized revenue on money received from  the
     round-tripping.  These transactions included two round-trip transactions
     with Homestore in which L90 recognized $500,000 in revenue.  In a second
     revenue-generating  scheme, L90 improperly booked revenue  for  a  large
     advertising campaign despite the fact that Bohan and Bickerton knew that
     L90  would  never  receive  payment for  the  campaign.   Through  these
     fraudulent  practices, L90 overstated its revenues from Q3 2000  through
     Q3  2001 by at least $4.9 million, or 9.2%, and by as much as 29% in one
     quarter.   L90  was thereby able to meet analysts' revenue estimates  in
     all but one quarter.

     The  Commission's complaint charges Bohan, Bickerton, Roah, and Loo with
     securities  fraud,  lying to the auditors, falsifying  L90's  books  and
     records, circumventing L90's system of internal accounting controls, and
     aiding  and  abetting L90's reporting violations.  The  Commission  also
     charged  Roah  with  aiding  and abetting the  fraudulent  reporting  of
     inflated Homestore revenues by certain of Homestore's employees.

     The  individuals charged, their alleged violative conduct, and terms  of
     their plea agreements and settlements are:
     
    *  John C. Bohan, 38, of Manhattan Beach, California, orchestrated and
       approved the fraudulent barter and advertising campaign schemes; lied to
       L90's auditor about the transactions related to these schemes, and signed
       L90's Forms 10-K, 10-Q, and a registration statement that incorporated false
       financial information.  In the criminal case, Bohan agreed to plead guilty to
       one count of securities fraud.  In the Commission's case, Bohan will be
       enjoined from committing future violations of Section 17(a) of the Securities
       Act  of 1933 and Sections 10(b), 13(a), and 13(b)(5) of the Securities
       Exchange Act of 1934 and Rules 10b-5, 12b-20, 13a-1, 13a-13, 13b2-1, and 13b2-
       2 thereunder, will disgorge $196,012, plus interest, in bonuses he received,
       and will pay a $200,000 civil penalty.  Bohan will also be barred from
       serving as an officer or director of a public company.
  
    *  Lucrezia Bickerton, 31, of Hermosa Beach, California, helped orchestrate
       and facilitate the barter and advertising schemes, recorded revenue on the
       transactions related to these schemes, and lied to L90's auditor about the
       transactions related to these schemes.  In the criminal case, Bickerton
       agreed to plead guilty to one count of conspiracy to commit securities fraud.
       In  the Commission's case, she will be enjoined from committing future
       violations of Section 17(a) of the Securities Act and Sections 10(b), 13(a),
       and 13(b)(5) of the Exchange Act and Rules 10b-5, 12b-20, 13a-1, 13a-13, 13b2-
       1, and 13b2-2 thereunder, and will disgorge $69,761, plus interest, in
       bonuses she received, of which all but $11,000 will be waived based on her
       demonstrated inability to pay additional funds.  Bickerton will be barred
       from serving as an officer or director of a public company for ten years.
  
    *   Mark  D.  Roah, 34, of Manhattan Beach, California negotiated  and
       implemented the fraudulent barter transactions with the outside companies,
       lied to L90's auditor about certain barter transactions, and signed L90's
       Form 10-K and the registration statement that incorporated false financial
       information.  Roah also misappropriated substantial amounts of money from
       L90's two round-trip transactions that involved Homestore.  In the criminal
       case, Roah agreed to plead guilty to two counts of conspiracy to commit
       securities fraud.  In the Commission's case, Roah will be enjoined from
       committing future violations of Section 17(a) of the Securities Act and
       Sections 10(b), 13(a), and 13(b)(5) of the Exchange Act and Rules 10b-5, 12b-
       20,  13a-1, 13a-13, 13b2-1, and  13b2-2 thereunder, and will  disgorge
       $778,970, plus interest, in bonuses he received and for the  money  he
       misappropriated in the two round-trip transactions involving Homestore.  Roah
       will also be barred from serving as an officer or director of a public
       company.
  
    *  Chantel J. Loo, 30, of Beverly Hills, California, helped coordinate some
       of the check-swaps, was involved in recording some of the barter transactions
       into L90's books and records, and lied to L90's auditor about the barter
       transactions.  Loo will be enjoined from committing future violations of
       Section 17(a) of the Securities Act and Sections 10(b), 13(a), and 13(b)(5)
       of the Exchange Act and Rules 10b-5, 12b-20, 13a-1, 13a-13, 13b2-1, and 13b2-
       2 thereunder, and will disgorge $20,933.49, plus interest, in bonuses she
       received, of which all but $7,500 will be waived based on her demonstrated
       inability to pay additional funds.  Loo will also be barred from serving as
       an officer or director of a public company for five years.  Loo was not
       criminally charged.
     
     In a related matter, the Commission today also announced that it ordered
     MaxWorldwide,  Inc.,  formerly  L90, Inc.,  to  cease  and  desist  from
     violating the reporting, record keeping, and internal control provisions
     of   the  federal  securities  laws.   The  Commission  found  that  L90
     materially overstated its revenues in 2000 and 2001 as a result  of  the
     improper  barter  transactions and advertising  campaign  and  that  L90
     misclassified approximately $26 million of its research and  development
     expenses  in  2000 and 2001.  L90 consented to the entry  of  the  order
     without admitting or denying the Commission's findings.

     The  civil  case  is  the  product of an ongoing  investigation  by  the
     Commission.  The criminal case was investigated by the Federal Bureau of
     Investigation.  [SEC v. John C. Bohan, et al., CV 03-2834 R (RNBx)  C.D.
     Cal.] (LR 18100; AAE Rel. 1761)
     
FINAL  JUDGMENTS  OF  PERMANENT INJUNCTION AND OTHER RELIEF  ENTERED  AGAINST
DONALD RHOADES AND KARYN MILLER

     The  Commission announced that on April 21 the U.S. District  Court  for
     the  Southern  District of Florida entered Final Judgments of  Permanent
     Injunction and Other Relief (Final Judgments) against Donald E.  Rhoades
     (Rhoades)  and Karyn Miller (Miller), entered by their consent,  without
     admitting or denying the allegations of the Commission's complaint.  The
     Final  Judgments enjoin Rhoades and Miller from violations  of  Sections
     5(a),  5(c) and 17(a) of the Securities Act of 1933 [15 U.S.C.   77e(a),
     77e(c)  and  77q]  and  Sections 10(b) and 15(a)(1)  of  the  Securities
     Exchange  Act of 1934 [15 U.S.C.  78j(b) and 78o(a)(1)] and  Rule  10b-5
     thereunder [17 C.F.R. 240.10b-5].
     
     On  Dec.  28,  2000, the SEC filed an emergency action against  Rhoades,
     Miller  and  others  seeking  to enjoin the alleged  ongoing  fraudulent
     securities offering being conducted by a Miami, Florida boiler-room  and
     its  principals  and  telemarketers.   Among  other  things,  the  SEC's
     complaint   alleges  that  the  boiler-room,  Web  Hosting  Headquarters
     Partnership (Web Hosting), failed to disclose to investors that  it  was
     controlled  by individuals with a prior history of defrauding investors,
     and that it had diverted at least 62% of funds raised from investors  to
     pay its principals and telemarketers.

     In  addition to the permanent injunction, the Final Judgment entered  as
     to  Rhoades  also  orders  him  to pay disgorgement  in  the  amount  of
     $764,272,  plus prejudgment interest thereon in the amount  of  $98,664,
     and  imposes  a  civil  penalty  of  $185,000.   The  penalty  will   be
     distributed  to  investors of Web Hosting pursuant  to  the  Fair  Funds
     provisions  of Section 308(a) of the Sarbanes-Oxley Act  of  2002.   The
     Final  Judgment  entered as to Miller orders her to pay disgorgement  in
     the  amount  of $154,015, plus prejudgment interest thereon, but  waives
     payment  of disgorgement and does not impose a civil penalty based  upon
     Miller's   sworn   financial  statement  and  supporting   documentation
     submitted  to  the  Commission.   For  further  information  see   also,
     Litigation  Release  No. 16846 (Dec. 29, 2000).   [SEC  v.  Web  Hosting
     Headquarters Partnership, Donald E. Rhoades, Kenneth R. Grossfeld, Wayne
     L. Prichason, Eduardo Villar, and Karyn Miller, et al., Case No. 00-4975-
     CIV-HIGHSMITH-TURNOFF, S.D. Fla.] (LR-18101)
     
  SEC BRINGS ENFORCEMENT ACTIONS AGAINST AUDITORS OF CENDANT CORPORATION  AND
CUC INTERNATIONAL

     On  April  23,  the  Commission filed a settled complaint  in  the  U.S.
     District  Court for the District of Columbia against two Ernst  &  Young
     LLP (E&Y) partners, Kenneth Wilchfort and Marc Rabinowitz, in connection
     with  audits  of Cendant Corporation (Cendant) and its predecessor,  CUC
     International (CUC).  The complaint alleges that the two partners  aided
     and  abetted  Cendant's and CUC's violations of  Section  13(a)  of  the
     Securities  Exchange Act of 1934 (Exchange Act) and  seeks  a  permanent
     injunction.   Without admitting or denying the Commission's allegations,
     Wilchfort  and Rabinowitz consented to the entry of judgments  enjoining
     them  from  violating the reporting provisions of the federal securities
     laws.    Without  admitting or denying the findings in the  Commission's
     Orders,  Wilchfort  and Rabinowitz also consented  to  the  issuance  of
     administrative  orders, based on the injunctions, suspending  them  from
     appearing  or  practicing  before  the  Commission  as  accountants  and
     providing that they may apply for reinstatement after four years.

     The  complaint alleges that Wilchfort and Rabinowitz were E&Y's partners
     responsible  for  providing audit and accounting  advisory  services  to
     Cendant  and CUC. The complaint further alleges that, despite  the  fact
     that  Cendant  and CUC provided them with false documents and  otherwise
     lied  to them, Wilchfort and Rabinowitz improperly failed to detect that
     Cendant's   and  CUC's  financial  statements  were  not  presented   in
     conformity with generally accepted accounting principles.  The complaint
     allleges  that  Wilchfort and Rabinowitz had a duty  to  withhold  their
     firm's   audit  report  containing  an  unqualified  opinion  and   take
     appropriate steps to prevent these financial statements from being filed
     with  the  Commission and circulated to investors.  The  complaint  also
     alleges  that, by failing to do so, Wilchfort and Rabinowitz  aided  and
     abetted  Cendant's and CUC's violations of the reporting  provisions  of
     the federal securities laws.

     The  judgments  will permanently enjoin Wilchfort and  Rabinowitz  from,
     directly  or  indirectly, aiding and abetting any issuer of  a  security
     registered  pursuant to Section 12 of the Exchange  Act  by  filing  any
     report  required by the Securities Act of 1933 or the Exchange  Act  and
     the  rules  of  the  Commission that fails to  contain  information  and
     documents  as  the  Commission requires to keep reasonably  current  the
     information  and  documents required to be included in  the  report,  in
     violation of Section 13(a) of the Exchange Act or Rules 12b-20, 13a-1 or
     13a-13 promulgated thereunder.

     The   Commission   previously   brought  related   civil   actions   and
     administrative proceedings against nine individuals, as well as  against
     the issuer. In those actions, the Commission charged among others, CUC's
     former  Chairman  and  Chief  Executive  Officer,  President  and  Chief
     Operating  Officer, Chief Financial Officer, Controller and Senior  Vice
     President,  Vice President of Accounting and Reporting, and Director  of
     Financial  Reporting. See Litigation Release No. 16910 (Feb. 28,  2001);
     Litigation Rel. No. 16587 (June 14, 2000); Exchange Act Rel.  No.  42933
     (June  14, 2000); Exchange Act Rel. No. 42934 (June 14, 2000);  Exchange
     Act  Rel.  No.  42935  (June  14, 2000); Exchange  Act  Rel.  No.  42936
     (June  14,  2000);  Exchange Act Rel. No. 43034 (July 13,  2000).  These
     actions remain pending as to four of these individuals.

     The Commission acknowledges the assistance provided by the U.S. Attorney
     for  the  District  of New Jersey.  [SEC v. Kenneth Wilchfort  and  Marc
     Rabinowitz, 03 Civ. 0933-RCL D.D.C.] (LR-18102)


INVESTMENT COMPANY ACT RELEASES


WELLS FARGO FUNDS TRUST, ET AL.

     A  notice has been issued giving interested persons until May 19,  2003,
     to request a hearing on an application filed by Wells Fargo Funds Trust,
     et  al.  for  an order under Section 6(c) of the Investment Company  Act
     exempting  applicants from Section 15(f)(1)(A) of the  Act.   The  order
     would   permit   a  registered  open-end  investment  company   not   to
     reconstitute  its  board of directors following the acquisition  of  the
     assets of certain other registered open-end investment companies.  (Rel.
     IC-26026 - April 23)
     

SELF-REGULATORY ORGANIZATIONS


APPROVAL OF PROPOSED RULE CHANGE

     The  Commission  has approved a proposed rule change  submitted  by  the
     International  Securities Exchange relating  to  a  one-year  pilot  for
     options intermarket linkage fees (SR-ISE-2003-11).  Publication  of  the
     proposal is in the Federal Register during the week of April 28.   (Rel.
     34-47719)
WITHDRAWAL GRANTED
     
     An  order has been issued granting the application of Landesbank  Baden-
     Wrttemberg  to  withdraw its 7-7/8% Subordinated Notes (due  April  15,
     2004)  from  listing  and registration on the New York  Stock  Exchange.
     (Rel. 34-47722)

DELISTINGS GRANTED
     
     An  order  has  been issued granting the application of the Philadelphia
     Stock Exchange to strike from listing and registration certain call  and
     put  options  contracts  issued  by  The  Options  Clearing  Corporation
     respecting  underlying securities of the following companies,  effective
     at the opening of business on April 24.
     
     Albertson's, Inc. (ABS)
     Allied Capital Corporation (ALD)
     C.R. Bard, Inc. (BCR)
     Boyd Gaming Corporation (BYD)
     Centex Corporation (CTX)
     CIT Group, Inc. (CIT)
     Continental Airlines, Inc. - Class B (CAL)
     Enzon Pharmaceuticals, Inc. (QYZ/ENZN)
     Everest Re Group, Ltd. (RE)
     GATX Corporation (GMT)
     General Motors Corporation - Class H (GMH)
     Getty Images, Inc. (GYI)
     GreenPoint Financial Corporation (GPT)
     Harmony Gold Mining Company Limited (HMY)
     Human Genome Sciences, Inc. (HQI/HGSI)
     IMS Health Incorporated (RX)
     International Rectifier Corporation (IRF)
     JetBlue Airways Corporation (JGQ/JBLU)
     Pacific Sunwear of California, Inc. (PVQ/PSUN)
     PolyMedica Corporation (PM/PLMD)
     Providian Financial Corporation (PVN)
     RadioShack Corporation (RSH)
     Shaw Group, Inc. (SGR)
     Southwest Airlines Co. (LUV)
     Staples, Inc. (PLQ/SPLS)
     SUPERVALU INC. (SVU)
     Tiffany & Co. (TIF)
     TMP Worldwide, Inc. (BSQ/TMPW)
     Transkaryotic Therapies, Inc. (UFT/TKTX)
     Unilever NV - NY Shares (UN)
     Williams Companies, Inc. (WMB)
     (Rel. 34-47723)
     
     An  order  has been issued granting the application of the International
     Securities Exchange to strike from listing and registration certain call
     and  put  options  contracts issued by The Options Clearing  Corporation
     respecting   the  underlying  securities  of  the  following  companies,
     effective at the opening of business on April 24.
     
     Household International, Inc.
     HEALTHSOUTH Corporation
     Internet Architecture HOLDRS Trust
     Incyte Corporation
     Powerwave Technologies, Inc.
     Power-One, Inc.
     Thermo Electron Corporation
     UAL Corporation
     Wind River Systems, Inc.
     (Rel. 34-47724)

     
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     BARD C R INC /NJ/, 730 CENTRAL AVE, MURRAY HILL, NJ, 07974,
        9082778000 - 2,000,000 ($113,920,000.00) Equity, (File 333-104683 -
        Apr. 23) (BR. 36)

S-8     EARTH SCIENCES INC, 8100 SOUTHPARK WAY, B-2, LITTLETON, CO, 80120,
        303-734-1727 - 81,410 ($21,980.70) Equity, (File 333-104684 - Apr. 23)
        (BR. 02)

S-8     ADAPTEC INC, 691 S MILPITAS BLVD, M/S25, MILPITAS, CA, 95035,
        4089458600 - 0 ($3,664,568.00) Equity, (File 333-104685 - Apr. 23)
        (BR. 03)

S-8     UNIVERSAL DOMAINS INC, 300-750 WST PENDER ST, BURNABY,
        BRITISH COLUMBIA CAN, A1, V6C21J, 6046461075 -
        17,300,000 ($692,000.00) Equity, (File 333-104686 - Apr. 23) (BR. 04)

F-10    INCO LTD, 145 KING ST WEST, SUITE 1500, TORONTO ONTARIO CAN, A6,
        M5H 4B7, 4163617511 -
        272,679 ($237,912,427.50) Debt Convertible into Equity,
        (File 333-104687 - Apr. 23) (BR. 04)

F-10    INCO LTD, 145 KING ST WEST, SUITE 1500, TORONTO ONTARIO CAN, A6,
        M5H 4B7, 4163617511 -
        227,100 ($219,855,510.00) Debt Convertible into Equity,
        (File 333-104688 - Apr. 23) (BR. 04)

S-4     CONTINENTAL AIRLINES INC /DE/, 1600 SMITH STREET 3303D, DEPT HQSEO,
        HOUSTON, TX, 77002, 7133245000 -
        0 ($200,000,000.00) Non-Convertible Debt, (File 333-104689 - Apr. 23)
        (BR. 05)

S-8     SOUND FEDERAL BANCORP INC, 300 MAMARONECK AVE, MAMARONECK, NY,
        10543-2647, 9146986400 - 1 ($1.00) Equity, (File 333-104690 - Apr. 23)
        (BR. 07)

S-8     INTERCONTINENTAL HOTELS GROUP PLC /NEW/, 20 NORTH AUDLEY ST,
        LONDON WIY 1WE ENGLA, X0, 32822, 4045513500 -
        41,000,000 ($219,350,000.00) Other, (File 333-104691 - Apr. 23) (BR. 02)

S-8     SANMINA-SCI CORP, 2700 N FIRST ST, SAN JOSE, CA, 95134, 4089643500 -
        0 ($94,950,000.00) Equity, (File 333-104692 - Apr. 23) (BR. 36)

S-8     BANKNORTH GROUP INC/ME, ONE PORTLAND SQ, P O BOX 9540, PORTLAND, ME,
        04112, 2077618500 - 8,100,000 ($179,658,000.00) Equity,
        (File 333-104693 - Apr. 23) (BR. 07)

S-8     SCS TRANSPORTATION INC, 0 ($3,285,260.00) Equity, (File 333-104694 -
        Apr. 23) (BR. 05)

S-3     NOVAVAX INC, 8320 GUILFORD RD, STE C, COLUMBIA, MD, 21046, 3078543900 -
        0 ($30,071,547.00) Equity, (File 333-104695 - Apr. 23) (BR. 01)

S-8     NEW ENVIRONMENTAL TECHNOLOGIES CORP, 9005 COBBLE CANYON RD, SANDY, UT,
        84093, 8013637411 - 10,000,000 ($500,000.00) Equity, (File 333-104696 -
        Apr. 23) (BR. 09)

S-8     INTROGEN THERAPEUTICS INC, 301 CONGRESS AVE, SUITE 1850, AUSTIN, TX,
        78701, 5127089310 - 0 ($2,524,529.80) Equity, (File 333-104697 -
        Apr. 23) (BR. 01)

SB-2    NES WORLDWIDE INC, 1,240,250 ($1,240,250.00) Equity, (File 333-104698 -
        Apr. 23) (BR. )

S-1     PHOTOGEN TECHNOLOGIES INC, 7327 OAK RIDGE HIGHWAY, SUITE B, KNOXVILLE,
        TN, 37931, 4237694011 - 0 ($683,473.00) Equity, (File 333-104699 -
        Apr. 23) (BR. 01)

S-8     NAPCO SECURITY SYSTEMS INC, 333 BAYVIEW AVE, AMITYVILLE, NY, 11701,
        5168429400 - 0 ($2,760,800.00) Equity, (File 333-104700 - Apr. 23) (BR.
37)

S-8     AGL RESOURCES INC, TEN, PEACHTREE PLACE, ATLANTA, GA, 30309,
        4045849470 - 1,134,336 ($27,326,154.24) Equity, (File 333-104701 -
        Apr. 23) (BR. 02)

S-3     CENTRAL EUROPEAN DISTRIBUTION CORP, PALM TOWER BUILDING,
        1343 MAIN STREET SUITE 301, SARASOTA, FL, 34236, 9413301558 -
        996,000 ($25,915,920.00) Equity, (File 333-104702 - Apr. 23) (BR. 02)

S-8     SEROLOGICALS CORP, 5655 SPALDING DRIVE, 5655 SPALDING DRIVE, NORCROSS,
        GA, 30092, 4042965595 - 0 ($768,000.00) Equity, (File 333-104703 -
        Apr. 23) (BR. 01)

SB-2    ALTERNATE MARKETING NETWORKS INC, ONE IONIA S W, STE 520, GRAND RAPIDS,
        MI, 49503, 6162350698 - 0 ($618,509.75) Equity, (File 333-104704 -
        Apr. 23) (BR. 02)

S-3     UBIQUITEL INC, 1 BALA PLAZA SUITE 402, BALA CYNWYD, PA, 19004,
        6106609510 - 0 ($4,636,750.00) Equity, (File 333-104705 - Apr. 23)
        (BR. 37)

N-2     SALOMON BROTHERS GLOBAL HIGH YIELD FUND INC,
        SALOMON BROTHERS ASSET MANAGEMENT INC, 125 BROAD STREET, NEW YORK, NY,
        10004, 8007256665 - 0 ($15,000.00) Equity, (File 333-104706 - Apr. 23)
        (BR. 17)

S-8     MICRON ENVIRO SYSTEMS INC, 789 WEST PENDER ST, SUITE 460, VANCOUVER BC,
        A1, V6C 1H2, 6046466903 - 850,000 ($38,250.00) Equity,
        (File 333-104707 - Apr. 23) (BR. 06)

N-2     PAFM NICHOLAS APPLEGATE NFJ CONVERTIBLE & INCOME FUND,
        1345 AVENUE OF THE AMERICAS, 47TH FLOOR, NEW YORK, NY, 10105,
        212 739 3502 - 1,000 ($15,000.00) Equity, (File 333-104708 - Apr. 23)
        (BR. )

S-8     MICRON ENVIRO SYSTEMS INC, 789 WEST PENDER ST, SUITE 460, VANCOUVER BC,
        A1, V6C 1H2, 6046466903 - 650,000 ($29,250.00) Equity,
        (File 333-104709 - Apr. 23) (BR. 06)

S-8     PARTNERS TRUST FINANCIAL GROUP INC, 233 GENESEE STREET, UTICA, NY,
        13501, 895,663 ($15,593,492.83) Equity, (File 333-104710 - Apr. 23)
        (BR. 07)

S-8     KANA SOFTWARE INC, 181 CONSTITUTION DRIVE, MENLO PARK, CA, 94025,
        6506148300 - 0 ($33,714,208.00) Equity, (File 333-104711 - Apr. 23)
        (BR. 08)

S-8     TELEDYNE TECHNOLOGIES INC, 2049 CENTURY PARK E, #1500, LOS ANGELES, CA,
        90067-3101, 310-277-3311 - 0 ($2,727,000.00) Equity, (File 333-104712 -
        Apr. 23) (BR. 06)

S-3     EQUITABLE LIFE ASSURANCE SOCIETY OF THE UNITED STATES /NY/,
        1290 AVENUE OF THE AMERICAS, NEW YORK, NY, 10104, 2125541234 -
        400,000,000 ($400,000,000.00) Other, (File 333-104713 - Apr. 23)
        (BR. 20)

S-8     SCHERING PLOUGH CORP, ONE GIRALDA FARMS, MADISON, NJ, 07940-1000,
        9738227000 - 200,000 ($3,509,000.00) Equity, (File 333-104714 -
        Apr. 23) (BR. 01)


RECENT 8K FILINGS


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

    Item 1.  Changes in Control of Registrant.
    Item 2.  Acquisition or Disposition of Assets.
    Item 3.  Bankruptcy or Receivership.
    Item 4.  Changes in Registrant's Certifying Accountant.
    Item 5.  Other Materially Important Events.
    Item 6.  Resignations of Registrant's Directors.
    Item 7.  Financial Statements and Exhibits.
    Item 8.  Change in Fiscal Year.
    Item 9.  Regulation FD Disclosure.

The  following companies have filed 8-K reports for the date indicated and/or
amendments to 8-K reports previously filed, responding to the item(s) of  the
form  specified.  8-K reports may be obtained in person or by writing to  the
Commission's  Public Reference Branch at 450 Fifth Street, N.W.,  Washington,
D.C. 20549 or at the following e-mail box address:  <publicinfo@sec.gov>.  In
most  cases, this information is also available on the Commission's  website:
<www.sec.gov>.


                                       STATE     8K ITEM NO.
NAME OF ISSUER                         CODE   1 2 3 4 5 6 7 8 9     DATE    COMMENT
------------------------------------------------------------------------------------
3 D SYSTEMS CORP                        DE            X   X       04/21/03

AAIPHARMA INC                           DE                X   X   04/21/03

ABGENIX INC                             DE                X   X   04/23/03

ABRAXAS PETROLEUM CORP                  NV            X           04/23/03

ABRAXAS PETROLEUM CORP                  NV          X             04/23/03

ACCUPOLL HOLDING CORP                   NV      X         X       04/09/03

ACT TELECONFERENCING INC                CO                X   X   04/23/03

ACTEL CORP                              CA                    X   04/23/03

ADAPTEC INC                             DE            X   X       04/17/03

ADEPT TECHNOLOGY INC                    DE                X   X   04/23/03

ADVANCED ENERGY INDUSTRIES INC          DE                X   X   04/17/03

ADVANCED MEDICAL OPTICS INC             DE                X   X   04/23/03

ADVANCED MICRO DEVICES INC              DE                    X   04/16/03

AEGIS ASSET BACKED SECURITIES CORP      DE            X           04/22/03

AEI INCOME & GROWTH FUND 24 LLC         DE                X       04/10/03

AFFILIATED MANAGERS GROUP INC           DE                X   X   04/23/03

AFFYMETRIX INC                          DE                X   X   04/23/03

AFLAC INC                               GA                    X   04/23/03

AI SOFTWARE INC                         NV                    X   04/22/03

AIRTRAN HOLDINGS INC                    NV                X   X   04/22/03

ALABAMA POWER CO                        AL            X   X       04/15/03

ALBEMARLE CORP                          VA                    X   03/31/03

ALEXANDER & BALDWIN INC                 HI                    X   04/23/03

ALEXANDERS J CORP                       TN                    X   04/23/03

ALFA CORP                               DE                    X   04/16/03

ALTIRIS INC                             DE                X   X   04/23/03

AMBASSADORS GROUP INC                   DE                    X   04/16/03

AMERALIA INC                            UT            X   X       04/22/03

AMERI DREAM ENTERTAINMENT INC           CA            X           04/22/03

AMERI DREAM ENTERTAINMENT INC           CA            X           04/22/03

AMERICA WEST HOLDINGS CORP              DE                X   X   04/23/03

AMERICAN AIRLINES INC                   DE            X           04/23/03

AMERICAN AIRLINES INC                   DE                    X   04/23/03

AMERICAN COMMUNITY BANCSHARES INC       NC            X           04/21/03

AMERICAN INSURED MORTGAGE INVESTORS L   DE            X   X       04/30/03

AMERICAN INSURED MORTGAGE INVESTORS L   DE            X   X       04/30/03

AMERICAN INSURED MORTGAGE INVESTORS S   CA            X   X       04/30/03

AMERICAN NATIONAL BANKSHARES INC        VA            X           04/22/03

AMERICAN WATER STAR  INC                NV      X         X       12/23/02    AMEND

AMERICREDIT CORP                        TX            X   X       04/23/03

AMISTAR CORP                            CA                X   X   04/23/03

AMKOR TECHNOLOGY INC                    DE            X   X       04/23/03

AMR CORP                                DE            X           04/23/03

AMR CORP                                DE                    X   04/23/03

ANC RENTAL CORP                         DE                X   X   04/23/03

ANHEUSER BUSCH COMPANIES INC            DE                X   X   04/23/03

ANTEON INTERNATIONAL CORP               DE      X                 04/23/03

AOL TIME WARNER INC                     DE            X   X   X   04/22/03

APOGENT TECHNOLOGIES INC                WI            X   X       04/22/03

APPLERA CORP                            DE                X   X   04/23/03

APRIA HEALTHCARE GROUP INC              DE                X   X   04/23/03

ARENA PHARMACEUTICALS INC               DE                X   X   04/23/03

ARGOSY GAMING CO                        DE                X   X   04/22/03

ARMANINO FOODS OF DISTINCTION INC /CO   CO                X   X   04/21/03

ARTESYN TECHNOLOGIES INC                FL                X   X   04/22/03

ARVINMERITOR INC                        IN                X   X   04/23/03

AT&T CORP                               NY                X   X   04/23/03

AT&T WIRELESS SERVICES INC              DE                X   X   04/23/03

ATHEROGENICS INC                        GA                X   X   04/23/03

ATLANTIC COAST AIRLINES HOLDINGS INC    DE                    X   04/23/03

ATMI INC                                DE                X   X   04/23/03

ATS MEDICAL INC                         MN                X   X   04/24/03

AVATEX CORP                             DE            X   X   X   04/22/03

AXT INC                                 DE                X   X   04/23/03

AZTAR CORP                              DE                X   X   04/23/03

BADGER PAPER MILLS INC                  WI            X   X       04/23/03

BANC OF AMERICA MORTGAGE SECURITIES I   DE            X   X       04/23/03

BANK OF AMERICA MORT SEC INC MORT PAS   DE            X   X       05/23/02

BEI TECHNOLOGIES INC                    DE                    X   04/23/03

BELLSOUTH CORP                          GA                X   X   04/23/03

BELO CORP                               DE                X   X   04/23/03

BEMIS CO INC                            MO            X   X   X   04/15/03

BHA GROUP INC                           DE                X   X   04/23/03

BIOCRYST PHARMACEUTICALS INC            DE                X   X   04/23/03

BIOJECT MEDICAL TECHNOLOGIES INC        OR                X   X   04/23/03

BIOLASE TECHNOLOGY INC                  DE                X   X   04/22/03

BNCCORP INC                             DE                    X   03/31/03

BOEING CO                               DE                    X   04/23/03

BOSTON PROPERTIES INC                   DE                X   X   04/22/03

BRIDGE STREET FINANCIAL INC             NY                X   X   04/22/03

BRIO SOFTWARE INC                       DE                X   X   04/23/03

BROADVISION INC                         DE                X   X   04/23/03

BROOKS AUTOMATION INC                   DE                X   X   04/23/03

BUCKEYE TECHNOLOGIES INC                DE                    X   03/31/03    AMEND

BUSINESS BANCORP /CA/                   CA                X   X   04/21/03

BUSINESS OBJECTS SA                                       X   X   04/23/03

BUTLER MANUFACTURING CO                 DE            X           04/22/03

CALGON CARBON CORPORATION               DE                    X   04/22/03

CALGON CARBON CORPORATION               DE                    X   04/22/03

CALIFORNIA FIRST NATIONAL BANCORP       CA            X           04/23/03

CALLAWAY GOLF CO /CA                    DE                X   X   04/23/03

CAPITAL AUTOMOTIVE REIT                 MD                X       04/22/03

CARDINAL HEALTH INC                     OH                    X   04/23/03

CAREER EDUCATION CORP                   DE                    X   04/22/03

CARNIVAL CORP                           DE            X   X       04/23/03

CB BANCSHARES INC/HI                    HI            X   X       04/22/03

CCC INFORMATION SERVICES GROUP INC      DE            X   X       04/22/03

CCC INFORMATION SERVICES GROUP INC      DE            X   X       04/23/03

CDI CORP                                PA                X   X   04/23/03

CDRJ INVESTMENTS LUX S A                N4                X   X   04/23/03

CENTER FINANCIAL CORP                   CA                X   X   04/21/03

CENTERPOINT ENERGY INC                                X           04/16/03

CENTERSTATE BANKS OF FLORIDA INC        FL                X   X   04/23/03

CENTEX CORP                             NV                X   X   04/22/03

CENTRAL VALLEY COMMUNITY BANCORP        CA                X   X   04/18/03

CH ENERGY GROUP INC                     NY                X   X   04/23/03

CHAMPPS ENTERTAINMENT INC/ MA           DE            X   X       04/22/03

CHECKPOINT SYSTEMS INC                  PA                X       03/30/03

CHESAPEAKE CORP /VA/                    VA                    X   04/22/03

CHIRON CORP                             DE                X   X   04/23/03

CHOICE HOTELS INTERNATIONAL INC /DE     DE                X   X   04/22/03

CHOICEONE FINANCIAL SERVICES INC        MI                X   X   04/23/03

CHOLESTECH CORPORATION                  CA            X   X       04/23/03

CIBER INC                               DE            X   X       04/21/03

CINCINNATI FINANCIAL CORP               DE                    X   04/23/03

CINGULAR WIRELESS LLC                   DE                X   X   04/23/03

CIT EQUIPMENT COLLATERAL 2002-VT1       DE            X           04/17/03

CITRIX SYSTEMS INC                      DE                X   X   04/23/03

CLEVELAND CLIFFS INC                    OH                X   X   04/23/03

CNET NETWORKS INC                       DE                    X   03/31/03

CODDLE CREEK FINANCIAL CORP             NC                X   X   04/22/03

COLUMBIA BANCORP \OR\                   OR            X   X   X   04/23/03

COLUMBIA BANKING SYSTEM INC             WA            X           04/23/03

COLUMBIA HUNTER CAPITAL CORP            DE            X           10/31/01

COM21 INC                               DE            X   X       04/22/03

COMMERCE ONE INC / DE/                  DE                X   X   04/23/03

COMMERCIAL MORTGAGE PASS THROUGH CERT   DE            X   X       04/11/03

COMMONWEALTH BANKSHARES INC             VA                X   X   04/23/03

COMMUNITY BANK SHARES OF INDIANA INC    IN            X           03/31/03

COMMUNITY FIRST BANCORP                 SC                    X   04/22/03

COMMUNITY HEALTH SYSTEMS INC/           DE                    X   04/23/03

CONCUR TECHNOLOGIES INC                 WA                X   X   04/23/03

CONNECTICUT BANCSHARES INC/DE           DE                X   X   04/22/03

CONSOLIDATED GRAPHICS INC /TX/          TX                X   X   04/23/03

CONVERGYS CORP                          OH                X   X   04/22/03

CORILLIAN CORP                          OR                X   X   04/23/03

CORPORATE OFFICE PROPERTIES TRUST       MD                X   X   04/23/03

COVENANT TRANSPORT INC                  NV                X   X   04/22/03

CRAFTY ADMIRAL ENTERPRISES LTD          NV          X     X       04/10/03    AMEND

CRAFTY ADMIRAL ENTERPRISES LTD          NV          X     X       04/10/03    AMEND

CT COMMUNICATIONS INC /NC               NC            X   X   X   04/22/03

CTS CORP                                IN                X       03/30/03

CWABS INC                               DE      X     X   X       04/23/03

CWABS INC                               DE            X           04/23/03

CYTRX CORP                              DE            X   X       04/15/03

CYTYC CORP                              DE                X   X   04/23/03

DATASTREAM SYSTEMS INC                  DE                X   X   04/22/03

DATATEC SYSTEMS INC                     DE            X   X       04/23/03

DEL GLOBAL TECHNOLOGIES CORP            NY                X       04/09/03    AMEND

DELPHI FINANCIAL GROUP INC/DE           DE                X   X   04/22/03

DELTA AIR LINES INC /DE/                DE            X           04/15/03

DELTA MILLS INC                         DE                X   X   04/22/03

DELTA WOODSIDE INDUSTRIES INC /SC/      SC                X   X   04/22/03

DENNYS CORP                             DE          X             04/22/03

DENTSPLY INTERNATIONAL INC /DE/         DE                X   X   04/22/03

DEUTSCHE MORTGAGE SECURITIES INC                          X       02/25/03

DEVRY INC                               DE                    X   04/22/03

DIAGNOSTIC PRODUCTS CORP                CA                X   X   04/23/03

DIAL CORP /NEW/                         DE                X   X   04/23/03

DIGITAL RIVER INC /DE                   DE                X   X   04/23/03

DIGITALTHINK INC                        DE                X   X   03/31/04

DIVERSA CORP                            DE                X   X   04/21/03

DOT HILL SYSTEMS CORP                   NY                X   X   04/23/03

DST SYSTEMS INC                         DE                X   X   04/22/03

EARTHLINK INC                           DE                X   X   04/22/03

EASTGROUP PROPERTIES INC                MD                X   X   03/31/03

EASTMAN KODAK CO                        NJ                X   X   04/23/03

EASYLINK SERVICES CORP                  DE            X           04/22/03

EBANK FINANCIAL SERVICES INC            GA                X   X   04/23/03

EBAY INC                                DE                X   X   04/22/03    AMEND

EDGEWATER TECHNOLOGY INC/DE/            DE            X           04/23/03

EDUCATION CAPITAL I LLC                 DE            X   X       04/01/03

EL PASO CORP/DE                         DE            X   X       04/22/03

EL PASO CORP/DE                         DE            X   X       04/23/03

EL PASO NATURAL GAS CO                  DE            X   X       04/23/03

ENDOCARDIAL SOLUTIONS INC               DE            X       X   04/22/03

ENDOCARDIAL SOLUTIONS INC               DE                X   X   04/23/03

ENERGIZER HOLDINGS INC                  MO    X                   04/23/03

ENTERPRISE FINANCIAL SERVICES CORP      DE                X   X   04/21/03

EPICOR SOFTWARE CORP                    DE                X   X   04/23/03

ERESEARCHTECHNOLOGY INC /DE/            DE            X   X       04/23/03

EVEREST RE GROUP LTD                    C8            X   X       04/21/03

EXAR CORP                               DE                X   X   04/23/03

F5 NETWORKS INC                         WA                X   X   04/23/03

FAIR ISAAC CORP                         DE                X   X   04/23/03

FARMERS & MERCHANTS BANCORP             DE                    X   04/21/03

FEDERATED INVESTORS INC /PA/            PA                    X   04/23/03

FIBERSTARS INC /CA/                     CA                X   X   04/23/03

FIDELITY FEDERAL BANCORP                IN                X   X   04/22/03

FIDELITY NATIONAL FINANCIAL INC /DE/    DE                X   X   04/23/03

FILENET CORP                            DE            X           04/23/03

FINANCIAL ASSET SEC CORP C BASS MORT    DE            X   X       12/23/02

FIRST ALBANY COMPANIES INC              NY                    X   03/31/03

FIRST AMERICAN CORP                     CA                X   X   04/23/03

FIRST BANCORP /NC/                      NC                X   X   04/23/03

FIRST BANCORP /NC/                      NC                X   X   04/22/03

FIRST FEDERAL BANKSHARES INC            DE                X   X   04/22/03

FIRST FEDERAL BANKSHARES INC            DE          X     X       04/23/03

FIRST FRANKLIN CORP                     DE                X   X   04/17/03

FIRST MIDWEST BANCORP INC               DE                X   X   04/23/03

FIRST WASHINGTON FINANCIAL CORP         NJ                X   X   04/23/03

FIRSTFED FINANCIAL CORP                 DE                X       03/31/03

FISERV INC                              WI                X   X   04/22/03

FLANDERS CORP                           NC            X           04/23/03

FLEMING COMPANIES INC /OK/              OK        X       X   X   04/22/03

FLEXXTECH CORP                          NV      X     X   X       04/21/03

FLIR SYSTEMS INC                        OR                X   X   04/22/03

FLORIDA EAST COAST INDUSTRIES INC       FL                    X   04/23/03

FLORIDA EAST COAST INDUSTRIES INC       FL                    X   04/23/03

FLORIDA ROCK INDUSTRIES INC             FL                X   X   04/22/03

FLOWSERVE CORP                          NY                    X   04/23/03

FMS FINANCIAL CORP                      NJ                X   X   04/22/03

FONAR CORP                              DE      X         X       04/08/03

FOREST LABORATORIES INC                 DE                    X   03/31/03

FORWARD AIR CORP                        TN                X   X   04/23/03

FOSTER L B CO                           PA                    X   04/23/03

FOTOBALL USA INC                        DE                X   X   04/23/03

FOUNDRY NETWORKS INC                    DE                X   X   04/23/03

FRANKFORT FIRST BANCORP INC             DE                X   X   04/21/03

FRANKLIN FINANCIAL SERVICES CORP /PA/   PA            X   X       04/22/03

FRIEDMAN BILLINGS RAMSEY GROUP INC      VA            X           04/23/03

FTI CONSULTING INC                      MD                X   X   04/23/03

GARDNER DENVER INC                      DE                X   X   04/23/03

GENERAL CABLE CORP /DE/                 DE                X   X   04/22/03

GENERAL MOTORS ACCEPTANCE CORP          DE            X           04/22/03

GENERAL MOTORS CORP                     DE            X           04/22/03

GETTY IMAGES INC                        DE                X   X   04/23/03

GILEAD SCIENCES INC                     DE                X   X   04/23/03

GLOBALSANTAFE CORP                                        X   X   04/23/03

GLOBESPANVIRATA INC                     DE                X   X   04/22/03

GREATER BAY BANCORP                     CA            X   X   X   04/23/03

GS MORTGAGE SEC CORP II COMM MORT PAS   DE            X   X       04/10/03

GTC BIOTHERAPEUTICS INC                 MA                X   X   04/23/03

GUNDLE SLT ENVIRONMENTAL INC            DE                X   X   04/23/03

HALLWOOD GROUP INC                      DE                    X   04/15/03

HARLEYSVILLE GROUP INC                  DE                    X   04/23/03

HARRIS INTERACTIVE INC                  DE                X   X   04/23/03

HARTE HANKS INC                         DE                X   X   04/23/03

HASTINGS ENTERTAINMENT INC              TX                    X   04/23/03

HERITAGE FINANCIAL HOLDING                                    X   04/23/03

HERSHA HOSPITALITY TRUST                MD            X   X       04/23/03

HILTON HOTELS CORP                      DE            X       X   04/23/03

HOME CITY FINANCIAL CORP                OH                    X   04/21/03

HUMATECH INC                                                  X   03/24/03

HYDRIL CO                               DE                X   X   04/22/03

IBASIS INC                              DE                X   X   04/23/03

IBERIABANK CORP                         LA                    X   04/22/03

IBIS TECHNOLOGY CORP                    MA                X   X   04/23/03

ICT GROUP INC                           PA                X   X   04/21/03

IMAX CORP                               A6            X           04/23/03

IMMUCELL CORP /DE/                      DE                X   X   04/22/03

IMMUNOTECHNOLOGY CORP                   DE            X   X       04/21/03

IMPATH INC                              DE                X   X   04/21/03

INSTINET GROUP INC                      DE                X   X   04/22/03

INTEGRATED DEVICE TECHNOLOGY INC        DE                X   X   04/23/03

INTERTAN INC                            DE                X   X   04/22/03

INTERWOVEN INC                          CA                X   X   04/17/03

INTRUSION INC                           DE                X   X   04/23/03

ISTA PHARMACEUTICALS INC                CA                X   X   04/23/03

ITT INDUSTRIES INC                      IN                    X   04/23/03

J&J SNACK FOODS CORP                    NJ                X   X   04/14/03

JP MORGAN CHASE COM MORT SEC CORP PAS   DE            X   X       04/14/03

K2 INC                                  DE                    X   04/23/03

KEANE INC                               MA                    X   04/23/03

KELLY SERVICES INC                      DE                X   X   04/22/03

KEYSTONE PROPERTY TRUST                 MD                X   X   04/22/03

KINDER MORGAN ENERGY PARTNERS L P       DE                X   X   04/23/03

KINDER MORGAN INC                       KS                X   X   04/23/03

KLA TENCOR CORP                         DE                X   X   04/23/03

KOMAG INC /DE/                          DE                X   X   04/23/03

KULICKE & SOFFA INDUSTRIES INC          PA                X   X   04/23/03

LAM RESEARCH CORP                       DE                X   X   04/16/03

LATINOCARE MANAGEMENT CORP              NV            X           04/22/03

LCA VISION INC                          DE                X   X   04/22/03

LEAPFROG ENTERPRISES INC                                  X   X   04/23/03

LEESPORT FINANCIAL CORP                 PA            X   X   X   04/22/03

LENDINGTREE INC                                       X   X       04/21/03

LENNOX INTERNATIONAL INC                DE                    X   04/22/03

LIBBEY INC                              DE            X           04/22/03

LINENS N THINGS INC                     DE                X   X   04/23/03

LMI AEROSPACE INC                       MO            X           04/15/03

LOCATEPLUS HOLDINGS CORP                                  X   X   04/23/03

LOGICVISION INC                         DE                X   X   04/23/03

LOUISIANA PACIFIC CORP                  DE                X   X   04/23/03

LSI LOGIC CORP                          DE                X   X   04/23/03

LUCENT TECHNOLOGIES INC                 DE                    X   04/23/03

MARINE PRODUCTS CORP                    DE            X   X       04/23/03

MARINE PRODUCTS CORP                    DE            X   X       04/23/03

MARKETWATCH COM INC                     DE                X   X   04/23/03

MATERIAL SCIENCES CORP                  DE            X   X       04/22/03

MATRIA HEALTHCARE INC                   DE                X   X   04/22/03

MATRIXONE INC                           DE                X   X   04/23/03

MATTEL INC /DE/                         DE                X   X   04/23/03

MAXTOR CORP                             DE                X   X   04/23/03

MBNA CORP                               MD                X   X   03/31/03

MCMORAN EXPLORATION CO /DE/             DE            X           04/22/03

MEDICAL STAFFING NETWORK HOLDINGS INC   DE                X   X   04/23/03

MEDTOX SCIENTIFIC INC                   DE            X           04/23/03

MEDTOX SCIENTIFIC INC                   DE                    X   04/23/03

MEGO FINANCIAL CORP                     NY            X   X       04/23/03

MERIT MEDICAL SYSTEMS INC               UT                X   X   04/21/03

MEVC DRAPER FISHER JURVETSON FUND I I   DE          X         X   04/16/03

MFB CORP                                IN                X       03/31/03

MGI PHARMA INC                          MN                X   X   04/16/03

MICROCHIP TECHNOLOGY INC                DE                X   X   04/23/03

MICROMUSE INC                           DE                X   X   04/23/03

MIDLAND CO                              OH                X   X   04/08/03    AMEND

MILACRON INC                            DE                X   X   04/23/03

MILLENNIUM CHEMICALS INC                DE                    X   04/23/03

MISSION WEST PROPERTIES INC             CA      X     X   X       04/09/03

MISSISSIPPI POWER CO                    MS            X           04/21/03

MOBIUS MANAGEMENT SYSTEMS INC           DE                X   X   04/23/03

MONACO COACH CORP /DE/                  DE                X   X   04/23/03

MONOLITHIC SYSTEM TECHNOLOGY INC        CA                X   X   04/17/03

MONROE BANCORP                          IN                X   X   04/22/03

MOODYS CORP /DE/                        DE                X   X   04/22/03

MOONEY AEROSPACE GROUP LTD              DE          X             03/06/03

MORGAN STANLEY DEAN WITTER CAP I INC    DE            X   X       04/14/03

MOTIENT CORP                            DE          X X   X       04/17/03

MPS GROUP INC                           FL                X   X   03/31/03

MSC SOFTWARE CORP                       DE                X   X   04/23/03

MUELLER PAUL CO                         MO                X       03/31/03

MUNICIPAL MORTGAGE & EQUITY LLC         DE                X       03/31/03

MYERS INDUSTRIES INC                    OH            X   X       04/23/03

NABI  BIOPHARMACEUTICALS                DE                X   X   04/23/03

NACCO INDUSTRIES INC                    DE                    X   04/23/03

NANOPHASE TECHNOLOGIES CORPORATION      IL                X   X   04/23/03

NASB FINANCIAL INC                      MO            X           04/22/03

NETBANK INC                             GA                X   X   04/23/03

NETSCREEN TECHNOLOGIES INC              DE                X   X   04/23/03

NEW FOCUS INC                           CA                X   X   04/23/03

NEWMIL BANCORP INC                      DE            X           04/23/03

NEWPARK RESOURCES INC                   DE                X   X   04/22/03

NEXTEL COMMUNICATIONS INC               DE            X   X   X   04/23/03

NOBLE CORP                                                X   X   04/23/03

NORFOLK SOUTHERN CORP                   VA                    X   02/12/03

NORTH FORK BANCORPORATION INC           DE                    X   04/23/03

NORWOOD FINANCIAL CORP                  PA                X   X   04/21/03

NOVADIGM INC                            DE                X   X   04/23/03

NOVASTAR FINANCIAL INC                  MD            X   X       04/22/03

NOVASTAR FINANCIAL INC                  MD                X   X   04/22/03    AMEND

OMI CORP/M I                                              X   X   04/23/03

ONEIDA FINANCIAL CORP                   DE                X   X   04/22/03

OPEN TEXT CORP                          K6                    X   04/23/03

OPTICARE HEALTH SYSTEMS INC             DE                X       02/07/03    AMEND

OUTBACK STEAKHOUSE INC                  DE                    X   04/22/03

OVERTURE SERVICES INC                   DE                X   X   04/23/03

OWENS ILLINOIS GROUP INC                DE            X   X       04/22/03

P F CHANGS CHINA BISTRO INC                               X   X   04/23/03

PACIFIC CAPITAL BANCORP /CA/            CA                X   X   04/17/03

PACTIV CORP                             DE                X   X   04/23/03

PAREXEL INTERNATIONAL CORP              MA                    X   04/23/03

PATIENT INFOSYSTEMS INC                 DE            X   X       04/14/03

PENN AMERICA GROUP INC                  PA            X   X       04/23/03

PEOPLESOFT INC                          DE                X   X   04/22/03

PERRIGO CO                              MI                X   X   04/23/03

PFIZER INC                              DE          X             04/23/03

PHARMACEUTICAL RESOURCES INC            NJ                    X   04/23/03

PHILADELPHIA CONSOLIDATED HOLDING COR   PA            X   X   X   04/17/03

PHOENIX COMPANIES INC/DE                DE                X   X   04/23/03

PMI GROUP INC                           DE                    X   04/23/03

POPE RESOURCES LTD PARTNERSHIP          DE            X   X       03/31/03

PORT FINANCIAL CORP                     MA                X   X   04/23/03

POTASH CORP OF SASKATCHEWAN INC                           X   X   04/23/03

POWER INTEGRATIONS INC                  CA                X   X   04/23/03

PREMIER BANCORP INC /PA/                PA                X   X   04/22/03

PRIMUS KNOWLEDGE SOLUTIONS INC          WA            X   X       04/23/03

PROGRESS ENERGY INC                     NC            X           03/31/03

PRUDENTIAL SECURITIES SEC FIN CORP CO   DE            X   X       04/11/03

PUGET ENERGY INC /WA                    WA                    X   04/23/03

QEP CO INC                              DE                X   X   04/23/03

QUALCOMM INC/DE                         DE                X   X   04/23/03

QUEST SOFTWARE INC                      CA                X   X   04/23/03

QUICKLOGIC CORPORATION                  CA                X   X   04/23/03

QUOVADX INC                             DE                X   X   04/23/03

RAINBOW TECHNOLOGIES INC                DE                X   X   04/23/03

RAINDANCE COMMUNICATIONS INC            DE                X   X   04/23/03

REALNETWORKS INC                        WA            X   X       04/21/03

RENAISSANCE LEARNING INC                WI                X   X   04/16/03

RENT A CENTER INC DE                    DE            X   X       04/23/03

RESIDENTIAL ASSET MORTGAGE PRODUCTS I   DE            X   X       04/23/03

RESIDENTIAL ASSET MORTGAGE PRODUCTS I   DE            X   X       04/23/03

REYNOLDS & REYNOLDS CO                  OH                    X   04/23/03

RIMAGE CORP                             MN                X   X   04/23/03

ROCHESTER MEDICAL CORPORATION           MN                X   X   04/21/03

RPC INC                                 DE            X   X       04/22/03

RPC INC                                 DE            X   X       04/23/03

RUSH ENTERPRISES INC \TX\               TX                X   X   04/22/03

RYLAND GROUP INC                        MD                    X   04/23/03

SALOMON BROTHERS MORTGAGE SECURITIES    DE            X   X       04/18/03

SCHLUMBERGER LTD /NV/                   P8                X   X   04/22/03

SEALED AIR CORP/DE                      DE                X   X   04/23/03

SEATTLE GENETICS INC /WA                DE                X   X   04/22/03

SECURITISATION ADVISORY SERVICES PTY                  X   X       04/14/03

SECURITISATION ADVISORY SERVICES PTY                  X   X       04/17/03

SEGUE SOFTWARE INC                      DE                X   X   04/23/03

SEMITOOL INC                            MT                    X   04/22/03

SENETEK PLC /ENG/                                     X           04/11/03

SEPRACOR INC /DE/                       DE                X   X   04/23/03

SEVEN SEAS PETROLEUM INC                B0            X   X       01/13/03

SIEBEL SYSTEMS INC                      DE                    X   04/23/03

SIERRA BANCORP                          CA                X   X   04/21/03

SIERRA HEALTH SERVICES INC              NV                    X   04/22/03

SIGMA ALDRICH CORP                      DE                    X   03/31/03

SILGAN HOLDINGS INC                     DE                    X   04/23/03

SILICON IMAGE INC                       DE                X   X   04/16/03

SILICON STORAGE TECHNOLOGY INC          CA                X       04/23/03

SL GREEN REALTY CORP                    MD                X X     04/22/03

SLIPPERY ROCK FINANCIAL CORP            PA                X   X   04/23/03

SLIPPERY ROCK FINANCIAL CORP            PA                X   X   04/23/03

SMART & FINAL INC/DE                    DE                X   X   04/22/03

SOCKET COMMUNICATIONS INC               DE                X   X   04/16/03

SONEX RESEARCH INC                      MD            X           04/23/03

SONIC INNOVATIONS INC                   DE                X   X   04/23/03

SONICWALL INC                           CA                X   X   04/23/03

SOUNDVIEW TECHNOLOGY GROUP INC          DE            X   X       04/22/03

SOUTHERN CO                             DE            X           04/21/03

SOUTHERN POWER CO                                     X           04/21/03

SOUTHWEST GAS CORP                      CA                X       08/22/03

SPECTRALINK CORP                        CO                X   X   04/16/03

SPRINT CORP                             KS                X   X   04/21/03

ST JOE CO                               FL                X   X   04/22/03

STEEL DYNAMICS INC                      IN                    X   04/21/03

STERLING FINANCIAL CORP /PA/            PA                X   X   04/22/03

STEWARDSHIP FINANCIAL CORP              NJ            X   X   X   04/21/03

STORAGE TECHNOLOGY CORP                 DE                X   X   04/22/03

STRATASYS INC                           DE                X   X   04/22/03

STRUCTURED ASSET SEC CORP II COM MORT                     X       04/01/03

SUMMIT FINANCIAL CORP                   SC                X   X   04/22/03

SUN BANCORP INC                         PA                X       04/22/03

SUN BANCORP INC                         PA            X   X       04/23/03

SUN HEALTHCARE GROUP INC                DE            X   X       04/23/03

SWS GROUP INC                           DE                X   X   04/23/03

SWS GROUP INC                           DE                X   X   04/22/03

SYBASE INC                              DE                X   X   04/17/03

SYMANTEC CORP                           DE                X   X   04/23/03

SYMYX TECHNOLOGIES INC                  DE                X   X   04/23/03

SYNBIOTICS CORP                         CA            X   X       04/09/03

SYNDICATED FOOD SERVICE INTERNATIONAL   FL          X X   X       02/12/03    AMEND

SYNERGY FINANCIAL GROUP INC                               X   X   04/23/03

TAYLOR CAPITAL GROUP INC                DE                X   X   04/23/03

TCF FINANCIAL CORP                      DE                X   X   04/23/03

TEAM AMERICA INC                        OH                X   X   04/23/03

TECHNOLOGY RESEARCH CORP                FL                    X   04/23/03

TECO ENERGY INC                         FL                X   X   04/21/03

TEKELEC                                 CA                X   X   04/23/03

TELEDYNE TECHNOLOGIES INC               DE                X   X   04/23/03

TELLABS INC                             DE            X           04/23/03

TEMPLE INLAND INC                       DE                X   X   04/23/03

TENET HEALTHCARE CORP                   NV                    X   04/10/03

TENNANT CO                              MN                X   X   04/23/03

TEREX CORP                              DE                X   X   04/23/03

TEXAS BIOTECHNOLOGY CORP /DE/           DE            X           04/23/03

TEXAS BIOTECHNOLOGY CORP /DE/           DE            X   X       04/22/03

TEXAS CAPITAL BANCSHARES INC/TX         DE            X   X       04/23/03

TEXAS GENCO HOLDINGS INC                              X           04/19/03

THAON COMMUNICATIONS INC                NV    X X     X   X       04/11/03    AMEND

THERASENSE INC                          CA                X   X   04/23/03

THOMAS & BETTS CORP                     TN                X   X   04/21/03

TIERONE CORP                                              X   X   04/22/03

TITANIUM METALS CORP                    DE                    X   04/23/03

TRIAD HOSPITALS INC                     DE                X   X   04/22/03

TRIDENT MICROSYSTEMS INC                DE                X   X   04/22/03

TRIPOS INC                              UT                    X   03/31/03

TUPPERWARE CORP                         DE                X   X   04/23/03

TWEETER HOME ENTERTAINMENT GROUP INC    DE            X   X       04/16/03

UNION COMMUNITY BANCORP                 IN                X   X   04/22/03

UNIT CORP                               DE                X   X   04/23/03

UNITED FINANCIAL MORTGAGE CORP          IL            X           04/22/03

UNITED SECURITY BANCSHARES INC          DE                X   X   04/18/03

UNIVERSAL STAINLESS & ALLOY PRODUCTS    DE                X   X   04/23/03

UTSTARCOM INC                           DE                    X   04/16/03

VARIAN INC                              DE                X   X   04/23/03

VARIAN MEDICAL SYSTEMS INC              DE                X   X   04/23/03

VARIAN SEMICONDUCTOR EQUIPMENT ASSOCI   DE                    X   04/23/03

VERILINK CORP                           DE                X   X   04/23/03

VERITAS SOFTWARE CORP /DE/              DE                X   X   04/23/03

VERSO TECHNOLOGIES INC                  MN            X   X       04/21/03

VERTEL CORP                             CA            X   X       04/16/03

VIACOM INC                              DE                    X   04/22/03

VIGNETTE CORP                           DE                X   X   04/23/03

VISX INC                                DE                    X   04/23/03

VITALWORKS INC                          DE                    X   04/22/03

VOLKSWAGEN AUTO LEASE UNDERWRITTEN FU                 X   X       04/21/03

VOLKSWAGEN DEALER FINANCE LLC           DE            X   X       04/21/03

W R GRACE & CO                          DE                    X   04/22/03

WASHINGTON MUTUAL MORTGAGE SECURITIES   DE            X   X       04/23/03

WASHINGTON MUTUAL MORTGAGE SECURITIES   DE                X       04/22/03

WASHINGTON MUTUAL MORTGAGE SECURITIES   DE            X   X       04/23/03

WASHINGTON MUTUAL MORTGAGE SECURITIES   DE                X       04/22/03

WASHINGTON MUTUAL MORTGAGE SECURITIES   DE                X       04/22/03

WASHINGTON MUTUAL MORTGAGE SECURITIES   DE                X       04/22/03

WASHINGTON MUTUAL MORTGAGE SECURITIES   DE                X       04/22/03

WASTE CONNECTIONS INC/DE                DE                X   X   04/22/03

WATSCO INC                              FL                X   X   04/23/03

WELLPOINT HEALTH NETWORKS INC /DE/      DE                X   X   04/23/03

WELLS FARGO ASSET SECURITIES CORP       DE            X   X       04/23/03

WENDYS INTERNATIONAL INC                OH                X   X   04/23/03

WESCO INTERNATIONAL INC                 DE                X   X   04/23/03

WESTSTAR FINANCIAL SERVICES CORP        NC            X           04/21/03

WESTWOOD HOLDINGS GROUP INC                               X   X   04/23/03

WILLOW GROVE BANCORP INC/NEW            PA                X   X   04/23/03

WOLOHAN LUMBER CO                       MI                X   X   04/17/03

WSFS FINANCIAL CORP                     DE                X   X   04/22/03

WYETH                                   DE                X   X   04/23/03

XEROX CORP                              NY                    X   04/23/03

YANKEE CANDLE CO INC                                      X   X   04/22/03

YORK INTERNATIONAL CORP /DE/            DE            X       X   04/17/03

YOUNG INNOVATIONS INC                   MO                X   X   04/22/03

ZEMEX CORP                              DE                    X   04/23/03

ZIEGLER COMPANIES INC                   WI                X   X   03/31/03

ZILOG INC                               CA            X   X       04/23/03

ZIMMER HOLDINGS INC                     DE                    X   04/23/03