SEC NEWS DIGEST

Issue 2003-95                                                    May 19, 2003

     
COMMISSION ANNOUNCEMENTS
     

COMMISSION MEETINGS

ADDITIONAL CLOSED MEETING - THURSDAY, MAY 15, 2003 - 5:30 P.M.

     An  additional closed meeting was held on Thursday, May 15.  The subject
     matter of the meeting was:  Litigation Matter.

     At  times, changes in Commission priorities require alterations  in  the
     scheduling  of meeting items.  For further information and to  ascertain
     what,  if  any,  matters have been added, deleted or  postponed,  please
     contact the Office of the Secretary at (202) 942-7070.

     
RULES AND RELATED MATTERS
     

REQUEST  FOR COMMENT ON NASDAQ PETITION RELATING TO THE REGULATION OF NASDAQ-
LISTED

     The  Commission  is publishing for comment a petition (Nasdaq  Petition)
     filed  by  the  Nasdaq Stock Market, Inc. (Nasdaq) requesting  that  the
     Commission,  pursuant to Sections 11A, 12f, and 19(c) of the  Securities
     Exchange  Act  of  1934,  take  certain actions  to  address  regulatory
     inadequacies  perceived by Nasdaq.  Comments on the Nasdaq Petition  are
     due within 30 days following publication in the Federal Register.  (Rel.
     34-47849)

     
ENFORCEMENT PROCEEDINGS
     

FREEDOM GOLF CORPORATION STOCK REGISTRATION REVOKED

     The registration of the stock of Freedom Golf Corporation (Freedom Golf)
     has  been  revoked.   The revocation was ordered  in  an  administrative
     proceeding before an administrative law judge.
     
     Freedom  Golf, located in Colorado, failed to file an Annual Report  for
     the fiscal year ended September 30, 2002, and a Quarterly Report for the
     quarter  ended December 31, 2002.  Thus, it violated a crucial provision
     of  the  federal  securities laws that requires public  corporations  to
     publicly  disclose  current,  accurate  financial  information  so  that
     investors  may  make  informed  decisions.   Freedom  Golf  blamed   its
     violations on lack of funds.

     Based on Freedom Golf's violation of the crucial reporting provisions of
     the securities laws, the law judge revoked the registration of its stock
     to  serve  the  public  interest and for the  protection  of  investors.
     (Initial Decision No. 227; File No. 3-11082)
     
COMMISSION  FILES  LAWSUIT AGAINST PENSION PLANS OF  AMERICA,  INC.  AND  ITS
CHAIRMAN, LLOYD BENTON SHARP

     On May 15, the Commission filed a lawsuit in U.S. District Court for the
     Western  District of Washington, Tacoma Division, against Pension  Plans
     of  America,  Inc.  (PPA)  and  its  chairman,  Lloyd  Benton  Sharp,  a
     recidivist violator who has an extensive disciplinary history, including
     a  criminal  conviction and two federal court injunctions for  fraud  on
     investors.  According to the complaint, Sharp conducted his latest  scam
     under  the  name of PPA, which he claimed was a non-profit  organization
     created  to assist investors, particularly retirees and senior citizens,
     in  finding safe and secure investments providing "heightened"  returns.
     In approximately October 2002, Sharp and PPA commenced publicly offering
     interest in a limited partnership that supposedly would grow and  market
     "paulownia"  trees.  PPA and Sharp represented that the  investment  was
     extremely safe (comparing it to "gold in Fort Knox") and would provide a
     "very  secured  16% annual return" because it had an "iron  clad"  $81.8
     million contract with another company to purchase the matured trees.
                                      
     In  reality,  according to the SEC's complaint, the PPA offering  was  a
     complete sham.  Among other things, the third party company obligated to
     purchase  $81 million in trees was controlled by Sharp and had no  funds
     or  assets  with  which to purchase the trees.  Further, undisclosed  to
     investors,  approximately  42%  of investor  funds  were  earmarked  for
     commissions and management fees.  Sharp and PPA also failed to  disclose
     to investors Sharp's extensive disciplinary history involving investment
     fraud.

     According to the complaint, the SEC staff learned of the fraudulent  PPA
     offering  in  late  January 2003, and by that time,  two  investors  had
     invested  approximately  $86,000 in the  PPA  offering.   At  the  SEC's
     staff's  insistence, Sharp and PPA halted the offering and returned  all
     investor funds.
     
     Simultaneous  with  the  filing of the SEC's complaint,  PPA  and  Sharp
     consented  to  the  entry  of  an  order  of  permanent  injunction  for
     violations   of   the  securities-registration,  broker-   and   dealer-
     registration, and anti-fraud provisions of the federal securities  laws,
     specifically Sections 5(a), 5(c) and 17(a) of the Securities Act of 1933
     and  Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5
     thereunder.   Sharp,  individually, also  consented  to  be  permanently
     enjoined from violating Section 15(a) of the Exchange Act.  The proposed
     order  also directs Sharp to pay a $120,000 civil penalty and  bars  him
     from  offering  or selling unregistered securities in the  future.   The
     settlement terms are subject to court approval.

     Sharp  further consented to the entry of an administrative order by  the
     SEC  barring him from associating with any broker or dealer pursuant  to
     Section  15(b)  of the Exchange Act based upon the entry of  the  above-
     described injunction.
     
     The Commission acknowledges the assistance of the Texas State Securities
     Board, the Pennsylvania Securities Commission, the Oregon Department  of
     Consumer   &   Business  Services,  Division  of  Finance  &   Corporate
     Securities, the Arizona Corporation Commission Securities Division,  and
     the  Washington Department of Financial Institutions Securities Division
     in  the investigation of this matter.  [SEC v. Pension Plans of America,
     Inc.  and  Lloyd  Benton  Sharp, Case No.  CV03-5269FDB,  U.S.D.C,  W.D.
     Washington, Tacoma Division]  (LR-18140)
     
SEC  CHARGES JOHN STEWART, JR., STEWART FINANCE COMPANY AND STEWART  NATIONAL
FINANCE  COMPANY WITH VIOLATING THE REGISTRATION PROVISIONS OF THE SECURITIES
ACT

     On May 9, the Commission filed a complaint in the United States District
     Court for the Middle District of Georgia, against John Benjamin Stewart,
     Jr.  (Stewart),  Stewart Finance Company (Stewart Finance)  and  Stewart
     National  Finance Company (Stewart National).  Stewart owns and controls
     Stewart Finance and Stewart National, both of which are consumer finance
     companies headquartered in Union Point, Georgia.  The complaint  alleges
     that   the  defendants  conducted  unregistered  offers  and  sales   of
     securities, without an exemption from registration, in violation of  the
     federal securities laws.

     The  Commission's  complaint  alleges  that  in  1989,  Stewart  Finance
     commenced a continuous series of offerings to Georgia investors  of  its
     subordinated  debentures and senior demand notes, and in  1998,  Stewart
     Finance  sold  preferred stock to Georgia investors.  According  to  the
     complaint,  although  the  initial offers and  sales  of  securities  by
     Stewart  Finance were purportedly exempt from registration  pursuant  to
     the  intrastate offering exemption set forth in Section 3(a)(11) of  the
     Securities  Act  of  1933 ("Securities Act"), by 1999,  Stewart  Finance
     could  no  longer rely on that exemption and was, in fact,  engaging  in
     unregistered  offers and sales of securities without an  exemption  from
     registration.  The complaint alleges that in approximately August  1999,
     after  learning  that Stewart Finance could no longer issue  securities,
     Stewart  began  personally issuing promissory  notes  to  investors  and
     transferring  the  proceeds  of those notes  to  Stewart  Finance.   The
     complaint  further  alleges  that the  offers  and  sales  of  Stewart's
     promissory  notes were not registered with the Commission and  were  not
     exempt  from  registration.   Moreover, the complaint  alleges  that  in
     January  2002, Stewart National, began offering $25 million in  variable
     rate  subordinated debentures in a purported private placement  pursuant
     to  Regulation  D of the Securities Act.  The Stewart National  offering
     was  not exempt from the registration requirements of the Securities Act
     because  the facts and circumstances of the offering required it  to  be
     integrated  with the prior and contemporaneous non-exempt  offerings  by
     Stewart Finance and Stewart.
     
     According  to  the complaint, the offerings of Stewart, Stewart  Finance
     and  Stewart National were a single offering because:  (1) the offerings
     were  part  of  a single plan of financing and were made  for  the  same
     general  purpose  of funding the consumer finance businesses  owned  and
     operated  by  Stewart;  (2) Stewart Finance and  Stewart  National  each
     offered  the  same  type  of securities - subordinated  debentures;  (3)
     Stewart Finance's, Stewart's and Stewart National's offerings overlapped
     during the same time period; and (4) the offerings all involved the same
     type  of  consideration  - cash.  Further, the  complaint  alleges  that
     Stewart  Finance  and Stewart National are integrated  issuers  because,
     among other things, they are under common ownership and control and  are
     engaged  in the same business, and the success of both Stewart  National
     and Stewart Finance is dependent upon the same individual - Stewart.

     The  complaint  alleges that by their conduct, Stewart, Stewart  Finance
     and  Stewart National violated the registration provisions set forth  in
     Sections  5(a)  and  5(c) of the Securities Act.  The Commission  seeks,
     with  respect  to  each defendant, permanent injunctions,  disgorgement,
     prejudgment  interest and civil penalties pursuant to Section  20(d)  of
     the  Securities Act.  The Commission also seeks a sworn accounting  from
     Stewart.   [SEC v. John Benjamin Stewart, Jr., Stewart Finance  Company,
     and  Stewart National Finance Company, Civil Action File No. 3:03-CV-42,
     HL, M.D. Ga.] (LR-18141)

FORMER CHIEF ACCOUNTING OFFICER OF SABRATEK  CORP. SETTLES SEC FRAUD LAWSUIT

     The  Commission  today announced that it had reached a  settlement  with
     Scott  P.  Skooglund, a resident of Woodridge, Illinois, and the  former
     Chief   Accounting   Officer  of  Sabratek  Corporation,   an   Illinois
     manufacturer of infusion pumps and flush syringes.  Skooglund consented,
     without  admitting or denying the allegations against him, to the  entry
     of  a  permanent injunction barring him from future violations of  anti-
     fraud,   record-keeping,  and  reporting  provisions  of   the   federal
     securities  laws.   Skooglund also agreed to  pay  a  civil  penalty  of
     $35,000  and  to  pay  disgorgement plus interest  totaling  $15,923.97,
     reflecting  bonuses  that he earned in 1998 and1999.   The  court  order
     reflecting  this settlement was entered on May 14, 2003.   Skooglund  is
     the  fourth officer of the now-bankrupt manufacturer to settle with  the
     Commission in a lawsuit the Commission filed on Sept. 27, 2001,  in  the
     United States District Court for the Northern District of Illinois.

     In  its  lawsuit, the Commission alleged that from the first quarter  of
     1998  through  the first quarter of 1999, the defendants  engaged  in  a
     scheme  to defraud and caused Sabratek, whose stock was formerly  traded
     on Nasdaq, to make material misstatements to investors and to file false
     periodic  reports with the Commission.  The defendants  used  fictitious
     sales  of  infusion  pumps,  inventory  parking  arrangements,  improper
     revenue recognition, and billings for consulting services that were  not
     performed  to overstate net sales by 62% and operating income  by  229%.
     The  Commission further alleged that the defendants each  knew,  or  was
     reckless  in  not knowing, that the revenue from these fraudulent  sales
     could  not be recognized under generally accepted accounting principles.
     The defendants allegedly reported inflated revenue to protect Sabratek's
     stock  price and to conceal reduced revenues resulting from lower demand
     for infusion pumps and from a halt in the sales of flush syringes due to
     safety  concerns.  In the second half of 1999, when news  of  Sabratek's
     inflated  operating  results began to emerge, its market  capitalization
     declined  by $202.5 million, or by approximately 98%.  [SEC  v.  Holden,
     Skooglund, Padda, and Beal, N.D. Ill., Civil Action No. 01-C-7463]  (LR-
     18142)
     
COURT  ENTERS  $1.8 MILLION JUDGMENT AGAINST MARKETER OF INTERNATIONAL  PONZI
SCHEME

     The  Commission  announced that on April 29, 2003, the  Honorable  Judge
     James  H.  Michael,  Senior U.S. District Court Judge  for  the  Western
     District  of  Virginia,  Charlottesville  Division,  entered  a  default
     judgment against Birgit Mechlenburg in connection with her role  as  one
     of  the  principal  marketers of a fraudulent  international  investment
     program  orchestrated by Terry Dowdell, who has pled guilty to  criminal
     charges  of  securities fraud, wire fraud and money laundering  stemming
     from  this  scheme, and is scheduled to be sentenced on March 30,  2003.
     The  judgment requires Mechlenburg to pay disgorgement of $1,609,496.03,
     plus  $123,047.78 in prejudgment interest.  This amount constitutes  all
     of  the  commissions  that Mechlenburg received in connection  with  her
     introduction  of investors to this fraudulent program.  The  court  also
     imposed  a  $120,000  civil penalty against Mechlenburg,  and  issued  a
     permanent injunction prohibiting future violations of federal securities
     laws.

     In  its lawsuit, the SEC alleged that Dowdell had orchestrated a massive
     international  Ponzi  scheme in which he, utilizing  various  marketers,
     raised more than $70 million from investors in the U.S. and abroad for a
     fictitious trading program purportedly involving the purchase  and  sale
     of  foreign bank instruments and purportedly being operated by Vavasseur
     Corporation, a Bahamian corporation that is also named as a defendant in
     this  action.   Dowdell previously admitted the fraud, and consented  to
     the  disgorgement  of all of his assets.  On June  4,  2002,  the  Court
     entered an order permanently enjoining Dowdell from future violations of
     the  antifraud provisions of 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 judgment provides that the amount of disgorgement  and
     civil  penalties that Dowdell will have to pay will be determined later.
     On  July  12, 2002, the Court appointed Roy M. Terry, Esq. and  the  law
     firm  of DurretteBradshaw, PLC as Receiver over Dowdell's assets and  to
     develop  a  plan  of  distribution for the return of  funds  to  injured
     investors.    On  Feb.  21, 2003, the Court entered a  default  judgment
     against   Vavasseur   Corp.,  ordering  it  to   pay   $121,235,000   in
     disgorgement,  plus prejudgment interest in excess  of  $8  million  and
     civil penalties in the amount of $600,000.
     
     Additional  information  on  how prime bank  and  other  banking-related
     investment  schemes  work can be found at the  SEC's  Prime  Bank  Fraud
     Information                                                       Center
     (http://www.sec.gov/divisions/enforce/primebank.shtml)      in       the
     enforcement section of the SEC's Web site.  [SEC v. Terry L. Dowdell, et
     al., Civil Action No. 3:01CV00116, W.D. Virginia] (LR-18143)

CONCENTRAX,  INC.  AND ITS CEO MARK GIFFORD CONSENT TO PERMANENT  INJUNCTION,
GIFFORD TO PAY $35,000 PENALTY IN FALSE PRESS RELEASE CASE

     On May 14, the Commission filed a lawsuit in U.S. District Court for the
     Southern  District  of  Texas, Houston Division,  against  Houston-based
     Concentrax,  Inc. and its CEO, Mark Gifford, for issuing  several  press
     releases  in  October and November 2002 that made false  and  misleading
     claims  regarding  purported contracts to sell  the  company's  vehicle-
     tracking  system.   The false releases materially impacted  Concentrax's
     stock  price and volume, and resulted in the SEC temporarily  suspending
     trading in Concentrax's stock on November 22, 2002.   According  to  the
     complaint,  Concentrax falsely announced that it had contracts  to  sell
     its  tracking  system to three nationally known companies,  including  a
     vehicle-leasing  company, an oil gas drilling company and  a  mechanical
     engineering  firm.   In fact, Concentrax had no contracts  to  sell  the
     system  to any of these companies.  The complaint also alleges that  the
     company  made  misleading  earnings projections  in  two  of  its  press
     releases  that were based in part, on the purported sales contract  with
     the  major  vehicle-leasing firm.  Finally, the complaint  alleges  that
     Concentrax  raised  approximately $560,000 in a private  stock  offering
     during  the  period that it was issuing the false and  misleading  press
     releases.

     Simultaneously with the filing of the complaint, Concentrax and  Gifford
     consented to the entry of a permanent injunction for violations  of  the
     anti-fraud  provisions  of  the  federal securities  laws,  specifically
     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.  In addition,
     Gifford  consented  to  pay  a  $35,000  civil  penalty  and  Concentrax
     consented  to  corporate  undertakings  that  remove  Gifford  from  the
     company's  press-release drafting and approval process.  The  settlement
     terms are subject to court approval.  [SEC v. Concentrax, Inc. and  Mark
     Gifford, Case No. 03-CV-1639 (U.S.D.C., S.D. Texas] (LR 18144)

NEW HAMPSHIRE MAN PLEADS GUILTY TO CRIMINAL INSIDER TRADING CHARGES

     The Commission announced today that on May 14, Timothy J. Potter of
     Bedford, New Hampshire, pleaded guilty to a criminal information
     charging him with conspiracy to commit insider trading.  Potter
     acknowledged that in October 2000, he disclosed to his father, George R.
     Potter, confidential information concerning adverse corporate
     developments at Sepracor, Inc. that related to a drug then being jointly
     developed by Eli Lilly and Company and Sepracor.  At the time, Potter
     was employed as a manager in the accounting department of Sepracor, a
     Marlborough, Massachusetts based pharmaceutical company.  Potter
     admitted that his father then used the information to trade in Sepracor
     securities and later transferred the resulting profit to him.

     At the plea hearing, Potter admitted that, on Oct. 18, 2000, he told his
     father about the adverse corporate developments at Sepracor.  Potter
     further admitted that, later that day, on the basis of the information
     he gave to his father, his father purchased Sepracor "put" options.  The
     following morning, when Sepracor publicly announced the termination of
     its agreement with Lilly concerning the new drug, Sepracor's stock price
     plummeted while the value of Sepracor put options soared.  Shortly after
     the announcement, George Potter sold the Sepracor put options,
     generating an overnight profit of more than $55,000. Potter admitted
     that his father later transferred that profit to him.  Potter also
     admitted that he made false and misleading statements to the Commission
     staff during its investigation into his father's trading.

     Potter will be sentenced on Aug. 18, 2003.  On April 18, 2003, George
     Potter, also of Bedford, New Hampshire, pleaded guilty to a criminal
     information charging him with conspiracy to commit insider trading.
     George Potter will be sentenced on July 22, 2003.
     
     On Jan. 30, 2003, the Commission filed a civil fraud case charging
     George Potter and Timothy Potter with insider trading based on George
     Potter's Oct. 18, 2000, purchase of Sepracor options.  According to the
     Commission's complaint, by their conduct, the defendants violated
     Section 10(b) of the Securities Exchange Act of 1934 and Rule l0b-5
     thereunder.  The Commission's complaint seeks injunctive relief,
     disgorgement of the profits from their insider trading, plus prejudgment
     interest, and civil monetary penalties against each of the defendants of
     up to three times the amount of their profits from their insider
     trading.  See LR-17958, LR-17970 and LR-18097.  [SEC v. Timothy J.
     Potter and George R. Potter, Civil Action No. 03-32-M, D.N.H.]  (LR-
     18145)

     
INVESTMENT COMPANY ACT RELEASES
     

ENDEAVOR SERIES TRUST

     An  order  has  been issued on an application filed by  Endeavor  Series
     Trust under Section 8(f) of the Investment Company Act declaring that it
     has ceased to be an investment company as defined by the Act.  (Rel. IC-
     26045 - May 9)

CLAYMORE SECURITIES, INC., AND CLAYMORE SECURITIES DEFINED PORTFOLIOS

     A  notice has been issued giving interested persons until June 9,  2003,
     to  request  a  hearing on an application filed by Claymore  Securities,
     Inc.  (Sponsor)  and  Claymore Securities Defined  Portfolios  (Claymore
     Trust).   Applicants request an order (a) under Section  12(d)(1)(J)  of
     the  Investment Company Act to permit certain series or registered  unit
     investment  trusts to offer and sell their units to the  public  with  a
     sales  load that exceeds the 1.5% limit in Section 12(d)(1)(F)(ii);  (b)
     under  Sections 6(c) and 17(b) of the Act for an exemption from  Section
     17(a) of the Act to permit the trusts to invest in affiliated registered
     investment  companies within the limits of Section  12(d)(1)(F)  of  the
     Act;  and  (c)  under  Section 6(c) of the Act  for  an  exemption  from
     Sections  14(a)  and 19(b) of the Act and rule 19b-1 under  the  Act  to
     permit  the  trusts  to publicly offer their units without  the  Sponsor
     having  to take for its own account or place with others $100,000  worth
     of units, and to permit the trusts to distribute capital gains resulting
     from  the  sale of portfolio securities within a reasonable  time  after
     receipt.  (Rel. IC-26046 - May 14)

     
HOLDING COMPANY ACT RELEASES
     

VERMONT YANKEE NUCLEAR POWER CORPORATION

     An  order  has  been  issued authorizing Vermont  Yankee  Nuclear  Power
     Corporation  (Vermont), an indirect subsidiary  of  National  Grid  USA,
     National  Grid  Transco  Plc  and Northeast  Utilities,  all  registered
     holding companies under the Act, to pay dividends out of capital and  to
     repurchase stock. (Rel. 35-27677)
     
UNITIL CORPORATION, ET AL.

     A  notice has been issued giving interested persons until June 10, 2003,
     to  request  a hearing on a proposal by Unitil Corporation  (Unitil),  a
     registered  holding  company,  and its subsidiaries  Fitchburg  Gas  and
     Electric Light Company, Unitil Energy Systems, Inc., Unitil Power Corp.,
     Unitil  Realty  Corp., Unitil Resources, Inc. and Unitil  Service  Corp.
     (Applicants).   By order dated June 9, 2000 (Rel. 35-27182),  Applicants
     were authorized to make unsecured short-term borrowings and to operate a
     system  money  pool (Money Pool) through June 30, 2003.  The  Applicants
     now  request  authority  to  make additional short-term  borrowings  and
     extend the operation of the Money Pool through June 30, 2006.   (Rel. 35-
     27679)

     
SELF-REGULATORY ORGANIZATIONS
     

IMMEDIATE EFFECTIVENESS OF PROPOSED RULE CHANGES

     On  May  6,  the  National  Association of Securities  Dealers  filed  a
     proposed  rule change with the Commission (SR-NASD-2003-79) Relating  to
     Establishing Effective Dates for Certain Provisions of NASD  Rule  2711,
     Research   Analysts  and  Research  Reports,  which  became  immediately
     effective  under Section 19(b)(3)(A) of the Securities Exchange  Act  of
     1934.   On  May  9,  2003, the New York Stock Exchange,  Inc.,  filed  a
     proposed rule change with the Commission (SR-NYSE-2003-17), Relating  to
     Establishing  Effective Dates for Certain Provisions of NYSE  Rule  472,
     Communications with the Public, which became 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
     May 19.  (Rel. 34-47876)

NOTICE OF INTENTION TO CANCEL REGISTRATIONS

     Notice is given that the Commission intends to issue an order pursuant
     to Section 17A(c)(4)(B) of the Exchange Act canceling the registrations
     of certain transfer agents.  Publication of the notice is expected in
     the Federal Register during the week of May 26.  (Rel. 34-47878)

DELISTING

     An amended order has been issued granting the application of the Pacific
     Exchange to strike from listing and registration certain call and put
     options contracts issued by The Options Clearing Corporation respecting
     the underlying securities of Telecommunicacoes Brasileiras S.A.,
     effective at the opening of business on Feb. 4, 2003.  (Rel. 34-47263A)

WITHDRAWALS SOUGHT

     A  notice has been issued giving interested persons until June 10,  2003
     to  comment  on  the application of Kadant Inc. to withdraw  its  Common
     Stock,  $.01  par value, from listing and registration on  the  American
     Stock Exchange LLC. (Rel. 34-47879)
     
     An  order  has been issued granting the application of Surge Components,
     Inc.  to  withdraw  its  Common Stock, $.001  par  value,  and  Purchase
     Warrants,  $.001 par value, from listing and registration on the  Boston
     Stock  Exchange, Inc., effective at the opening of business on  May  19,
     2003.  (Rel. 34-47880)

     
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     INFORM MEDIA GROUP INC, 2980 S RAINBOW BLVD, SUITE 100, LAS VEGAS, NV,
        89146, 702 3078778 - 975,000 ($48,750.00) Equity, (File 333-105301 -
        May. 16) (BR. 05)

F-3     GENESYS SA, 4 RUE JULES FERRY BP 1145, MONTPELLIER CE, X0, 34008,
        0113346706 - 3,636,364 ($9,245,600.00) Equity, (File 333-105304 -
        May. 16) (BR. 37)

S-8     HUB INTERNATIONAL LTD, 214 KING STREET WEST, SUITE 314, ONTARIO, A6,
        00000, 4169795866 - 1,531,820 ($23,099,845.60) Equity,
        (File 333-105305 - May. 16) (BR. 01)

S-8     RYANS FAMILY STEAKHOUSES INC, 405 LANCASTER AVE, PO BOX 100, GREER, SC,
        29652, 8648791000 - 3,600,000 ($44,733,932.00) Equity,
        (File 333-105306 - May. 16) (BR. 05)

S-8     STERLING BANCSHARES INC, 15000 NORTHWEST FRWY STE 308, HOUSTON, TX,
        77040, 7134668300 - 2,150,000 ($25,585,000.00) Equity,
        (File 333-105307 - May. 16) (BR. 07)

S-8     FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO, CA, 92656, 9493492000 -
        0 ($168,584,500.00) Equity, (File 333-105308 - May. 16) (BR. 06)

S-8     FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO, CA, 92656, 9493492000 -
        0 ($25,000,000.00) Other, (File 333-105309 - May. 16) (BR. 06)

S-8     UNITED AUTO GROUP INC, 2555 TELEGRAPH RD, BLOOMFIELD HILLS, MI,
        48302-0954, 248-648-2500 - 0 ($38,671,500.00) Equity,
        (File 333-105311 - May. 16) (BR. 02)

S-8     AMERICAN MANAGEMENT SYSTEMS INC, 7032678000 -
        0 ($57,510,000.00) Equity, (File 333-105312 - May. 16) (BR. 03)

S-8     FIRST SECURITY BANCORP INC /KY/, 400 E MAIN ST, LEXINGTON, KY, 40507,
        6063673700 - 100,000 ($1,962,850.00) Equity, (File 333-105313 -
        May. 16) (BR. 07)

S-8     CAPITOL BANCORP LTD, ONE BUSINESS & TRADE CNTR, 200 WASHINGTON SQ N,
        LANSING, MI, 48933, 5174876555 - 1,000,000 ($22,750,000.00) Equity,
        (File 333-105314 - May. 16) (BR. 07)

S-3     CITIGROUP INC, 399 PARK AVENUE, NEW YORK, NY, 10043, 2125591000 -
        0 ($239,405,890.00) Equity, (File 333-105316 - May. 16) (BR. 07)

S-8     ADVENT SOFTWARE INC /DE/, 301 BRANNAN ST, SAN FRANCISCO, CA, 94107,
        4155437696 - 0 ($8,418,000.00) Equity, (File 333-105317 - May. 16)
        (BR. 03)

S-8     ADVENT SOFTWARE INC /DE/, 301 BRANNAN ST, SAN FRANCISCO, CA, 94107,
        4155437696 - 0 ($56,183,206.00) Equity, (File 333-105318 - May. 16)
        (BR. 03)

S-4     GENVEC INC, 65 W WATKINS MILL RD, GAITHERSBURG, MD, 20878, 2406320740 -
        0 ($61,500,000.00) Equity, (File 333-105320 - May. 16) (BR. 01)

S-8     FACTUAL DATA CORP, 5200 HAHNS PEAK DRIVE, SUITE 200, FORT COLLINS, CO,
        80538, 9706635700 - 0 ($7,026,000.00) Equity, (File 333-105321 -
        May. 16) (BR. 03)

S-3     CHEC FUNDING LLC, 2728 NORTH HARWOOD, DALLAS, TX, 75201, 2149816811 -
        1,000,000 ($1,000,000.00) Asset-Backed Securities, (File 333-105322 -
        May. 16) (BR. 07)

S-8     US WEST HOMES INC, 410 BROADWAY, 2ND FLOOR, LAGUNA BEACH, CA, 92651,
        9493768575 - 1,000,000,000 ($2,000,000.00) Equity, (File 333-105323 -
        May. 16) (BR. 08)

S-8     HPSC INC, 60 STATE ST, BOSTON, MA, 02109, 6167203600 -
        0 ($1,470,000.00) Equity, (File 333-105324 - May. 16) (BR. 07)

S-8     READERS DIGEST ASSOCIATION INC, READERS DIGEST ROAD, PLEASANTVILLE, NY,
        10570, 9142381000 - 300,000 ($3,621,000.00) Equity, (File 333-105325 -
        May. 16) (BR. 05)

S-8     READERS DIGEST ASSOCIATION INC, READERS DIGEST ROAD, PLEASANTVILLE, NY,
        10570, 9142381000 - 1,000,000 ($12,070,000.00) Equity,
        (File 333-105326 - May. 16) (BR. 05)

S-8     READERS DIGEST ASSOCIATION INC, READERS DIGEST ROAD, PLEASANTVILLE, NY,
        10570, 9142381000 - 4,500,000 ($54,315,000.00) Equity,
        (File 333-105327 - May. 16) (BR. 05)

S-3     COLONIAL REALTY LIMITED PARTNERSHIP, 2101 6TH AVENUE NORTH, SUITE 750,
        BIRMINGHAM, AL, 35202-1687, 2052508700 -
        500,000,000 ($500,000,000.00) Non-Convertible Debt, (File 333-105329 -
        May. 16) (BR. 08)

S-4     TRANSWITCH CORP /DE, THREE ENTERPRISE DRIVE, SHELTON, CT, 06484,
        2039298810 - 85,584 ($85,584,000.00) Debt Convertible into Equity,
        92,658,005 ($75,052,984.05) Equity, (File 333-105330 - May. 16) (BR. 36)

S-3     ALLSTATE LIFE INSURANCE CO, 3075 SANDERS RD, SUITE G4A, NORTHBROOK, IL,
        60062, 8474025000 - 0 ($400,000,000.00) Other, (File 333-105331 -
        May. 16) (BR. 20)

S-3     TRANSWITCH CORP /DE, THREE ENTERPRISE DRIVE, SHELTON, CT, 06484,
        2039298810 - 14,416 ($14,416,000.00) Debt Convertible into Equity,
        15,615,521 ($12,648,572.07) Equity, (File 333-105332 - May. 16) (BR. 36)

S-8     TIMKEN CO, 1835 DUEBER AVE SW, CANTON, OH, 44706-2798, 3304713078 -
        250,000 ($4,257,500.00) Equity, (File 333-105333 - May. 16) (BR. 06)

S-8     OCEAN RESOURCES INC, P.O.BOX 1175, SUITE, PALM BEACH, FL, 33480,
        561-822-9995 - 5,000,000 ($950,000.00) Equity, (File 333-105334 -
        May. 16) (BR. 02)

S-8     AMERITRADE HOLDING CORP, 4211 SOUTH 102ND STREET, OMAHA, NE, 68127,
        4023317856 - 0 ($3,127,500.00) Equity, (File 333-105336 - May. 16)
        (BR. 07)

S-3     COMPUTER ASSOCIATES INTERNATIONAL INC, ONE COMPUTER ASSOCIATES PLAZA,
        ISLANDIA, NY, 11749, 6313425224 -
        460,000,000 ($460,000,000.00) Debt Convertible into Equity,
        (File 333-105337 - May. 16) (BR. 03)

S-3     ENDO PHARMACEUTICALS HOLDINGS INC, 223 WILMINGTON-WEST CHESTER PIKE,
        CHADDS FORD, PA, 19317, 6105589800 - 0 ($273,240,000.00) Equity,
        (File 333-105338 - May. 16) (BR. 01)

S-8     CAPITOL BANCORP LTD, ONE BUSINESS & TRADE CNTR, 200 WASHINGTON SQ N,
        LANSING, MI, 48933, 5174876555 - 153,095 ($3,482,911.25) Equity,
        (File 333-105339 - May. 16) (BR. 07)

S-8     SEACOR SMIT INC, 11200 RICHMOND AVE, SUITE 400, HOUSTON, TX, 77082,
        7137825990 - 1,000,000 ($38,210,000.00) Equity, (File 333-105340 -
        May. 16) (BR. 05)

S-8     ORBITAL SCIENCES CORP /DE/, 21839 ATLANTIC BLVD, DULLES, VA, 20166,
        703406 5524 - 0 ($8,625,000.00) Equity, (File 333-105341 - May. 16)
        (BR. 05)

N-2     MUNI CALIFORNIA INTERMEDIATE DURATION FUND INC,
        66,667 ($1,000,005.00) Equity, (File 333-105342 - May. 16) (BR. )

N-2     MUNI INTERMEDIATE DURATION FUND INC, 66,667 ($1,000,005.00) Equity,
        (File 333-105343 - May. 16) (BR. )

S-8     LINCOLN NATIONAL CORP, 1500 MARKET STREET STE 3900,
        CENTRE SQUARE WEST TOWER, PHILADELPHIA, PA, 19102, 2194552000 -
        0 ($4,809,750.00) Equity, (File 333-105344 - May. 16) (BR. 01)

N-2     MUNI NEW YORK INTERMEDIATE DURATION FUND INC,
        66,667 ($1,000,005.00) Equity, (File 333-105345 - May. 16) (BR. )

S-8     SEACOR SMIT INC, 11200 RICHMOND AVE, SUITE 400, HOUSTON, TX, 77082,
        7137825990 - 150,000 ($5,730,750.00) Equity, (File 333-105346 -
        May. 16) (BR. 05)

S-4     SHAW GROUP INC, 4171 ESSEN LANE, 1ST FLOOR, BATON ROUGE, LA, 70809,
        2259322500 - 0 ($253,029,000.00) Non-Convertible Debt,
        (File 333-105347 - May. 16) (BR. 06)

S-8     IONA TECHNOLOGIES PLC, THE IONA BUILDING, SHELBOURNE ROAD BALLSBRIDGE,
        DUBLIN 4 IRELAND, L2, 00000, 01135316372000 - 0 ($1,200,000.00) Equity,
        (File 333-105348 - May. 16) (BR. 03)

N-2     BOULDER TOTAL RETURN FUND INC, 1680 38TH STREET SUITE 800, BOULDER, CO,
        80301, 3034445483 - 3,150,000 ($41,170,500.00) Equity,
        (File 333-105349 - May. 16) (BR. 18)

S-3     NEW YORK COMMUNITY BANCORP INC, 615 MERRICK AVE, WESTBURY, NY, 11590,
        7183596400 - 600,000,000 ($600,000,000.00) Equity, (File 333-105350 -
        May. 16) (BR. 07)

RECENT 8K FILINGS

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

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

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

                                STATE     8K ITEM NO.
NAME OF ISSUER                         CODE   1 2 3 4 5 6 7 8 9     DATE     COMMENT
------------------------------------------------------------------------------------
21ST CENTURY INSURANCE GROUP            CA                    X   05/14/03

A CONSULTING TEAM INC                   NY            X   X       05/16/03

AAMES FINANCIAL CORP/DE                 DE                X       05/14/03

ABAXIS INC                              CA            X   X       04/22/03

ABINGTON BANCORP INC                    MA            X   X   X   05/16/03

ABN AMRO MORT CORP MULTI CLASS MORT P   DE      X         X       04/28/03

ACCESS PHARMACEUTICALS INC              DE            X           05/16/03

ACTV INC /DE/                           DE            X   X   X   05/15/03

ADIRONDACK PURE SPRINGS MT WATER CO I   NY          X             05/08/03

ADVANCED ENERGY INDUSTRIES INC          DE                X   X   05/14/03

AEARO CORP                              DE                    X   03/31/03

AEGIS COMMUNICATIONS GROUP INC          DE                X   X   05/14/03

ALASKA AIR GROUP INC                    DE                    X   05/15/03

ALLION HEALTHCARE INC                   DE      X         X       05/01/03

ALPHA HOSPITALITY CORP                  DE            X   X       05/16/03

AMERICAN ACCESS TECHNOLOGIES INC        FL            X   X       05/09/03

AMERICAN BILTRITE INC                   DE                X   X   05/14/03

AMERICAN MEDICAL ALERT CORP             NY                X   X   05/15/03

AMERICAN PHYSICIANS CAPITAL INC         MI            X   X       05/16/03

AMERICAN REAL ESTATE PARTNERS L P       DE            X   X       05/15/03

AMERICAN REAL ESTATE PARTNERS L P       DE            X   X       05/16/03

AMERICAN RESTAURANT GROUP INC           DE            X   X       05/15/03

AMERIPATH INC                           DE                X   X   05/12/03

ANALYTICAL SURVEYS INC                  CO            X   X       05/16/03

ANGEION CORP/MN                         MN                X   X   05/14/03

ANNUITY & LIFE RE HOLDINGS LTD                            X   X   05/15/03

APACHE CORP                             DE            X   X       05/15/03

APPLIED GRAPHICS TECHNOLOGIES INC       DE                X   X   05/15/03

ARCH WIRELESS INC                       DE                X       03/31/03     AMEND

ARLINGTON HOSPITALITY INC               DE                X   X   05/15/03

ASIA PREMIUM TELEVISION GROUP           NV                  X     05/16/03

ASTRO MED INC /NEW/                     RI                X   X   05/13/03

ATCHISON CASTING CORP                   KS                X   X   05/16/03

ATLANTIC AMERICAN CORP                  GA            X       X   05/16/03

ATWOOD OCEANICS INC                     TX                X   X   05/15/03

ATX COMMUNICATIONS INC                  DE                    X   05/15/03

AUTHENTIDATE HOLDING CORP               DE            X   X   X   05/16/03

AUTOIMMUNE INC                          DE                X   X   05/14/03

AVANEX CORP                             DE            X   X       05/12/03

AVATECH SOLUTIONS INC                   DE            X           05/16/03

AVATECH SOLUTIONS INC                   DE            X           05/16/03

BANC OF AMERICA MORTGAGE SECURITIES I   DE            X   X       05/16/03

BARRY R G CORP /OH/                     OH            X   X       05/15/03

BAYWOOD INTERNATIONAL INC               NV            X   X   X   05/15/03

BEAR STEARNS COMPANIES INC              DE            X           04/28/03

BEARD CO /OK                            OK                X   X   05/14/03

BETA OIL & GAS INC                      NV                X   X   05/14/03

BIO LOGIC SYSTEMS CORP                  DE                X   X   05/15/03

BIO LOK INTERNATIONAL INC               DE          X     X       05/15/03

BIOMARIN PHARMACEUTICAL INC             DE            X           05/31/03

BLUE DOLPHIN ENERGY CO                  DE            X   X       05/16/03

BOSTONFED BANCORP INC                   DE            X   X       05/14/03

BRADY CORP                              WI                X   X   05/16/03

BRANDPARTNERS GROUP INC                 DE            X   X       05/15/03

BROADWING INC                           OH            X           05/16/03

BROWN TOM INC /DE                       DE            X           05/14/03

BUCKLE INC                              NE                    X   05/15/03

BUILDING MATERIALS HOLDING CORP         DE            X           05/15/03

CANTERBURY PARK HOLDING CORP            MN                X   X   05/15/03

CAPCO ENERGY INC                        CO      X         X       04/30/03

CAPITAL ONE MULTI ASSET EXECUTION TRU   DE            X   X       04/15/03

CARBON ENERGY CORP                      CO                X   X   05/15/03

CATERPILLAR FINANCIAL FUNDING CORP      NV                X       05/15/03

CEDAR INCOME FUND LTD /MD/              MD                    X   05/16/03

CENTERPOINT ENERGY HOUSTON ELECTRIC L   TX            X   X       05/15/03

CENTERPOINT ENERGY INC                                X   X       05/12/03

CHINA WORLD TRADE CORP                  NV    X X         X       09/08/02     AMEND

CITYXPRESS COM CORP                     FL                X       05/16/03

CLASSIC BANCSHARES INC                  DE                X   X   05/16/03

CLEARONE COMMUNICATIONS INC             UT            X           05/16/03

CLICKNSETTLE COM INC                    DE                    X   05/14/03

CNH HOLDINGS CO                         NV            X           05/05/03

COASTAL BANCORP INC                     TX            X           05/16/03

COLE NATIONAL CORP /DE/                 DE                    X   05/16/03

COLE NATIONAL GROUP INC                 DE                    X   05/16/03

COMPUTER NETWORK TECHNOLOGY CORP        MN      X         X       05/05/03

COMSTOCK RESOURCES INC                  NV          X     X       05/16/03

CONGOLEUM CORP                          DE                X   X   05/14/03

CONNECTIV CORP                          DE            X           05/08/03

CSB BANCORP INC /OH                     OH            X   X       05/16/03

CV THERAPEUTICS INC                     DE            X   X       05/15/03

D&E COMMUNICATIONS INC                  PA                    X   05/16/03

DAG MEDIA INC                           NY                X   X   05/15/03

DAUPHIN TECHNOLOGY INC                  IL      X         X       05/16/03

DAVEL COMMUNICATIONS INC                IL                X   X   05/15/03

DC FUNDING INTERNATIONAL INC                          X   X       11/15/02     AMEND

DC FUNDING INTERNATIONAL INC                          X   X       12/16/02     AMEND

DC FUNDING INTERNATIONAL INC                          X   X       01/15/03     AMEND

DELTAGEN INC                            DE            X   X   X   05/15/03

DEPOMED INC                             CA                X   X   05/15/03

DEWEY ELECTRONICS CORP                  NY                    X   05/15/03

DIAL CORP /NEW/                         DE                X   X   03/16/03

DICE INC                                DE            X   X       05/15/03

DICE INC                                DE            X   X       05/15/03

DIGITAL GENERATION SYSTEMS INC          DE                X   X   05/09/03

DIMON INC                               VA                    X   05/16/03

DML SERVICES INC                        NV          X     X X     05/09/03

DYNAMICS RESEARCH CORP                  MA      X         X       05/01/03

DYNATRONICS CORP                        UT                X   X   05/16/03

ECLICKMD INC                            NV        X       X       05/13/03

EDISON SCHOOLS INC                      DE                X   X   05/15/03     AMEND

ELECTRIC CITY CORP                      DE                X   X   05/15/03

ELECTRONIC CLEARING HOUSE INC           NV                X   X   05/07/03

ELUTION TECHNOLOGIES INC                NV          X     X       03/19/03     AMEND

ENCYSIVE PHARMACEUTICALS INC            DE            X           05/16/03

ENDOCARE INC                            DE          X     X       03/07/03     AMEND

ENERGY CONVERSION DEVICES INC           DE                    X   05/15/03

ENGINEERED SUPPORT SYSTEMS INC          MO            X   X       05/01/03

ENHERENT CORP                           DE                X   X   05/12/03

ENRON CORP/OR/                          OR            X   X       05/16/03

ENSCO INTERNATIONAL INC                 DE                    X   05/15/03

ENTERGY CORP /DE/                       DE                X   X   05/16/03

EVERGREENBANCORP INC                    WA                X   X   05/09/03

EXCO RESOURCES INC                      TX                X   X   05/15/03

EXPEDITORS INTERNATIONAL OF WASHINGTO   WA                    X   05/12/03

EXPLORATION CO OF DELAWARE INC          DE                    X   05/15/03

FINANCIAL INDUSTRIES CORP               TX            X           03/31/03

FIRST HORIZON PHARMACEUTICAL CORP       DE                X   X   05/14/03

FIRST UNION REAL ESTATE EQUITY & MORT   OH                X   X   05/15/03

FIRST YEARS INC                         MA                X   X   05/16/03

FLEMING COMPANIES INC /OK/              OK            X           05/12/03

FNANB CREDIT CARD MASTER NOTE TRUST                   X   X       09/16/02     AMEND

FORTUNE NATURAL RESOURCES CORP          DE          X     X       05/16/03     AMEND

FPIC INSURANCE GROUP INC                FL                    X   05/15/03

FRESH BRANDS INC                                              X   05/13/03

GAMES INC                               DE          X         X   05/16/03

GATEWAY FINANCIAL HOLDINGS INC          NC                X   X   05/12/03

GENAERA CORP                            DE            X   X       05/15/03

GENELABS TECHNOLOGIES INC /CA           CA                X   X   05/15/03

GENERAL DYNAMICS CORP                   DE            X   X       05/15/03

GENERAL MARITIME CORP/                                        X   05/16/03

GRAPHON CORP/DE                         DE                X   X   03/31/03

GREENMAN TECHNOLOGIES INC               DE                    X   05/16/03

H&R BLOCK INC                           MO          X             05/12/03

H&R BLOCK INC                           MO          X             05/12/03

H&R BLOCK INC                           MO          X             05/12/03

HALLWOOD GROUP INC                      DE                    X   05/15/03

HALLWOOD REALTY PARTNERS L P            DE            X           05/13/03

HARKEN ENERGY CORP                      DE            X   X       05/15/03

HARTFORD FINANCIAL SERVICES GROUP INC   DE                X   X   05/16/03

HAWAIIAN ELECTRIC INDUSTRIES INC        HI            X           05/13/03

HEMACARE CORP /CA/                      CA            X           05/15/03

HILLS BANCORPORATION                    IA          X             05/15/03

HOLLYWOOD MEDIA CORP                    FL                X   X   05/14/03

HPL TECHNOLOGIES INC                    DE            X   X       05/16/03

HUMBOLDT BANCORP                        CA                X   X   05/16/03

HYPERTENSION DIAGNOSTICS INC /MN        MN                X   X   05/15/03

HYTEK MICROSYSTEMS INC                  CA                X   X   05/12/03

I2 TECHNOLOGIES INC                     DE                X   X   05/13/03

I3 MOBILE INC                           DE                X   X   05/14/03

IA GLOBAL INC                           DE                X       02/25/03     AMEND

IBERIABANK CORP                         LA                X       02/28/03     AMEND

IC ISAACS & CO INC                      DE                X   X   05/15/03

IDACORP INC                             ID            X   X       05/16/03

IGEN INTERNATIONAL INC /DE              DE                X   X   05/14/03

IKON OFFICE SOLUTIONS INC               OH                X   X   05/16/03

IMAGEMAX INC                            PA                X       05/15/03

IMCLONE SYSTEMS INC/DE                  DE            X   X       05/16/03

INDUSTRIES INTERNATIONAL INC            NV            X           03/10/03

INSPIRATION PRODUCTS GROUP INC          NV            X   X       05/06/03

INTEGRATED BUSINESS SYSTEMS & SERVICE   SC                X   X   05/15/03

INTERCHANGE FINANCIAL SERVICES CORP /   NJ      X         X       05/16/03     AMEND

INVESTOOLS INC                          DE                X   X   05/15/03

ION NETWORKS INC                        DE                X   X   05/12/03

ITEX CORPORATION                        NV                X   X   05/16/03

IXYS CORP /DE/                          DE                X   X   05/13/03

J2 GLOBAL COMMUNICATIONS INC            DE                X   X   05/16/03

JAGUAR INVESTMENTS INC                  NV          X     X       05/16/03     AMEND

JSCE INC                                DE                X   X   05/15/03

JUDGE GROUP INC                         PA            X   X       05/07/03

KOALA INTERNATIONAL WIRELESS INC        NV            X           04/28/03

KOHLS CORPORATION                       WI                X   X   05/15/03

KV PHARMACEUTICAL CO /DE/               DE                X   X   05/12/03

LAKES ENTERTAINMENT INC                 MN            X   X       05/14/03

LANTRONIX INC                           DE            X           05/05/03

LASON INC                               DE            X   X       05/13/03

LBI MEDIA INC                           CA            X   X   X   05/12/03

LEAP WIRELESS INTERNATIONAL INC         DE                X   X   05/15/03

LIN TV CORP                             DE            X   X       05/16/03

LIONS GATE ENTERTAINMENT CORP /CN/                    X   X       05/14/03

LMI AEROSPACE INC                       MO                    X   05/15/03

LONG BEACH ACCEPTANCE CORP                            X   X       04/15/03

LONG BEACH ACCEPTANCE CORP                            X   X       04/15/03

LSB INDUSTRIES INC                      DE            X           03/31/03

LYNCH INTERACTIVE CORP                  DE                    X   05/16/03

LYONDELL CHEMICAL CO                    DE            X   X       05/15/03

M GAB DEVELOPMENT CORP                                X           05/16/03

MACROVISION CORP                        DE                X   X   05/15/03

MAGNITUDE INFORMATION SYSTEMS INC       DE            X   X       05/16/03

MAKEMUSIC INC                           MN                X   X   05/13/03

MANNATECH INC                           TX                    X   05/15/03

MAXIM MORTGAGE CORP/                    DE            X           04/30/03

MAXXAM INC                              DE                    X   05/15/03

MEADOW VALLEY CORP                      NV                X   X   05/15/03

MEDI HUT CO INC                         DE            X   X       05/15/03

MEMC ELECTRONIC MATERIALS INC           DE            X   X       05/15/03

MESABA HOLDINGS INC                     MN                X   X   05/14/03

METRIC PARTNERS GROWTH SUITE INVESTOR   CA            X   X       05/16/03

MIDAMERICAN ENERGY HOLDINGS CO /NEW/    IA            X           05/16/03

MIDDLEBY CORP                           DE            X   X       05/16/03

MIDDLEFIELD BANC CORP                   OH                    X   05/15/03

MILLENNIUM PHARMACEUTICALS INC          DE                X   X   05/16/03

MIPS TECHNOLOGIES INC                   DE                    X   05/15/03

MISSISSIPPI CHEMICAL CORP /MS/          MS        X       X   X   05/15/03

MONEY STORE COMMERCIAL MORTGAGE INC     NJ            X   X       05/15/03

MONEY STORE INVESTMENT CORP             NJ            X   X       05/15/03

MONEY STORE SBA ADJUSTABLE RATE CERTI   NJ            X   X       05/15/03

MORGAN GROUP HOLDING CO                             X             05/16/03

MORGAN GROUP HOLDING CO                                       X   05/16/03

MORGAN STANLEY ABS CAPITAL I INC        DE                X       03/14/03

MORGAN STANLEY ABS CAPITAL I INC        DE            X   X       03/18/03

MORGAN STANLEY ABS CAPITAL I INC        DE            X   X       03/18/03

MORGAN STANLEY ABS CAPITAL I INC        DE            X   X       03/12/03

MORGAN STANLEY ABS CAPITAL I INC        DE            X   X       03/13/03

MORGAN STANLEY ABS CAPITAL I INC        DE            X   X       05/13/03     AMEND

MORTGAGE ASSET SECURITIZATION TRANSAC   DE            X           05/16/03

MORTGAGE ASSET SECURITIZATION TRANSAC   DE            X   X       05/15/03

NATIONAL CITY AUTO RECEIVABLES TRUST    DE            X   X       05/15/03

NATIONAL CITY CREDIT CARD MASTER TRUS                 X   X       05/12/03

NATIONAL MEDICAL HEALTH CARD SYSTEMS    NY            X           05/15/03

NATURADE INC                            DE                X   X   05/16/03

NAVIGATORS GROUP INC                    DE                    X   05/16/03

NAVISTAR FINANCIAL RETAIL RECEIVABLES   DE            X   X       05/15/03

NCRIC GROUP INC                         DC            X   X       05/15/03

NEOFORMA INC                            DE                X   X   05/15/03

NEW WORLD RESTAURANT GROUP INC          DE            X   X       05/16/03

NEW YORK COMMUNITY BANCORP INC          DE                X   X   05/16/03

NEXLAND INC                             AZ      X         X       05/16/03

NEXSTAR FINANCE LLC                     DE                    X   05/16/03

NN INC                                  DE            X   X       05/16/03

NN INC                                  DE      X         X       05/16/03

NN INC                                  DE            X   X       05/16/03

NOMURA ASSET ACCEPTANCE CORP            DE                X       04/16/03

NORTHWEST AIRLINES CORP                 DE            X   X       05/15/03

NOVASTAR MORTGAGE FUNDING CORP          DE            X   X       05/15/03

NRG ENERGY INC                          DE        X   X   X       05/14/03

NU HORIZONS ELECTRONICS CORP            DE                    X   03/31/03

NUTRITION 21 INC                        NY                    X   05/14/03

NYMAGIC INC                             NY                X   X   05/15/03

O A K FINANCIAL CORP                    MI                X   X   05/16/03

OMNI ENERGY SERVICES CORP               LA                X   X   05/15/03

ONYX ACCEPTANCE CORP                    DE                X   X   05/15/03

ORTHODONTIC CENTERS OF AMERICA INC /D   DE                X   X   05/15/03

OXIS INTERNATIONAL INC                  DE                X   X   05/16/03

PANHANDLE ROYALTY CO                    OK                    X   05/14/03

PARAGON FINANCIAL CORP                  DE                X       01/31/03     AMEND

PARLEX CORP                             MA                X   X   05/13/03

PAYSTAR CORP                            NV          X             05/14/03

PENNEXX FOODS INC                       PA                X       05/15/03

PIONEER STANDARD ELECTRONICS INC        OH            X   X   X   05/13/03

PITTSBURGH & WEST VIRGINIA RAILROAD     PA          X             05/16/03

PLIANT CORP                             UT                    X   05/16/03

POP N GO INC                            DE          X     X       05/16/03

PPL CORP                                PA            X   X       05/14/03

PRANDIUM INC                            DE            X   X       05/14/03

PROGRESSIVE CORP/OH/                    OH                    X   05/16/03

PROSOFTTRAINING COM                     NV                X   X   05/16/03

PROVIDIAN MASTER TRUST                                X   X       05/15/03

PULITZER INC                            DE                X   X   05/16/03

PW EAGLE INC                            MN                X   X   05/15/03

PW EAGLE INC                            MN      X         X       03/14/03     AMEND

QAD INC                                 DE                    X   05/13/03

QUALITY DISTRIBUTION LLC                DE            X   X   X   05/15/03

QUALITY SYSTEMS INC                     CA            X   X       05/14/03

RACHELS GOURMET SNACKS INC              MN            X           05/12/03

RAMPART CAPITAL CORP                    TX                X   X   05/16/03

REALNETWORKS INC                        WA            X   X       05/15/03

RELIANT RESOURCES INC                   DE                X   X   05/15/03

RIDGEWOOD HOTELS INC                    DE          X             05/09/03

ROSS SYSTEMS INC/CA                     DE                    X   05/09/03

RUSSELL CORP                            AL            X   X       05/16/03

SAFETY INSURANCE GROUP INC              DE                X   X   05/14/03

SCIENTIFIC INDUSTRIES INC               DE                X       05/14/03     AMEND

SEA CONTAINERS LTD /NY/                                   X   X   05/14/03

SEARS ROEBUCK ACCEPTANCE CORP           DE            X   X       05/14/03

SEITEL INC                              DE            X   X       05/15/03

SEMINIS INC                             IL                X   X   05/13/03

SHAW GROUP INC                          LA      X         X       05/03/02     AMEND

SHURGARD STORAGE CENTERS INC            WA            X           05/16/03

SKINVISIBLE INC                         NV                    X   03/31/03

SL GREEN REALTY CORP                    MD                X   X   04/28/03     AMEND

SMTEK INTERNATIONAL INC                 DE                    X   03/31/03

SMURFIT STONE CONTAINER CORP            DE                X   X   05/15/03

SOUTH CAROLINA ELECTRIC & GAS CO        SC            X   X       05/14/03

SPECTRUM PHARMACEUTICALS INC            DE            X   X       05/07/03

SPEEDUS CORP                            DE                X   X   05/15/03

STAGE STORES INC                        NV            X   X       05/15/03

STANDARD COMMERCIAL CORP                NC            X   X       05/16/03

STATEN ISLAND BANCORP INC               DE            X   X       03/15/03

STERION INC                             MN            X           05/15/03

STERLING BANCORP                        NY            X   X       05/15/03

STERLING CONSTRUCTION CO INC            DE                    X   05/15/03

STERLING FINANCIAL CORP /WA/            WA            X   X       05/16/03

STRUCTURED ASSET SECURITIES CORP        DE            X           05/16/03

SUPERIOR FINANCIAL CORP /AR/            DE                    X   05/16/03

TAIWAN FUND INC                         DE                    X   04/01/03

TARRANT APPAREL GROUP                   CA                X   X   05/15/03

TEAMSTAFF INC                           NJ                X   X   05/16/03

TECHDYNE INC                            FL                X   X   05/16/03

TECHNICAL OLYMPIC USA INC               DE                X   X   05/15/03

TECO ENERGY INC                         FL            X           05/16/03

TECUMSEH PRODUCTS CO                    MI          X     X       05/12/03

TEKNOWLEDGE CORP                        DE            X           05/16/03

TEXEN OIL & GAS INC                     NV                X   X   05/16/03

TICKETS COM INC                         DE                X   X   05/16/03

TODHUNTER INTERNATIONAL INC             DE                X   X   05/15/03

TOUCH AMERICA HOLDINGS INC              DE            X           03/16/03

TRANS GLOBAL SERVICES INC               DE          X X   X       04/08/03     AMEND

TRANSMERIDIAN EXPLORATION INC           DE            X   X       05/15/03

TRANSTECH INDUSTRIES INC                DE                    X   05/15/03

TREX CO INC                             DE                    X   05/16/03

TRIMERIS INC                            DE                X   X   05/13/03

TRUE TEMPER SPORTS INC                                    X   X   05/13/03

UNIGENE LABORATORIES INC                DE                X   X   05/16/03

UNION BANKSHARES INC                    VT                X   X   05/07/03

UNITED PARK CITY MINES CO               DE            X   X       05/14/03

UNITED PARK CITY MINES CO               DE                X   X   05/16/03

UNIVERSAL COMPRESSION HOLDINGS INC      DE                X   X   05/16/03

UNIVERSAL CORP /VA/                     VA            X   X       05/16/03

UROPLASTY INC                           MN                X   X   05/14/03

US HOME SYSTEMS INC /TX                 DE                X   X   05/16/03

US UNWIRED INC                          LA                X   X   05/15/03

US UNWIRED INC                          LA            X   X       05/15/03

USANA HEALTH SCIENCES INC               UT                X   X   04/13/03

VAALCO ENERGY INC /DE/                  DE                X   X   05/16/03

VALENTIS INC                            DE            X   X   X   05/15/03

VENTAS INC                              DE            X   X       05/16/03

VERSAR INC                              DE                    X   03/31/03

VIAD CORP                               DE            X   X       05/16/03

VICAL INC                               DE                X   X   05/15/03

VIEWCAST COM INC                        DE                X   X   05/16/03

VISX INC                                DE            X   X       05/15/03

WELLS FARGO ASSET SECURITIES CORP       DE            X   X       05/15/03

WESTINGHOUSE AIR BRAKE TECHNOLOGIES C   DE                X   X   04/17/03

WFS RECEIVABLES CORP 3                  CA            X   X       05/08/03

WOLOHAN LUMBER CO                       MI                X       05/16/03

YORK WATER CO                           PA            X           05/16/03

YOUBET COM INC                          DE            X   X       05/15/03