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                                                                    EXHIBIT 10.8


THE WARRANT EVIDENCED BY THIS CERTIFICATE AND THE COMMON STOCK ISSUABLE UPON
EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED (THE "ACT"), OR UNDER ANY STATE SECURITIES LAWS.  THE WARRANT OR SHARES
OF SUCH COMMON STOCK MAY NOT BE SOLD, TRANSFERRED, ASSIGNED OR OTHERWISE
DISPOSED OF UNLESS A REGISTRATION STATEMENT UNDER THE ACT AND ANY APPLICABLE
STATE SECURITIES LAWS WITH RESPECT TO SUCH DISPOSITION IS THEN IN EFFECT OR
UNLESS THE PERSON PROPOSING TO MAKE THE DISPOSITION SHALL FURNISH, WITH RESPECT
TO SUCH DISPOSITION, AN OPINION OF COUNSEL SATISFACTORY TO TIGERA GROUP, INC.
TO THE EFFECT THAT SUCH SALE, TRANSFER, ASSIGNMENT OR OTHER DISPOSITION WILL
NOT INVOLVE ANY VIOLATION OF THE REGISTRATION PROVISIONS OF THE ACT (OR ANY
SUPERSEDING STATUTE) OR ANY APPLICABLE STATE SECURITIES LAWS.

                               TIGERA GROUP, INC.
                             STOCK PURCHASE WARRANT
                                  COMMON STOCK


Warrant No.                                             No. of Shares - 100,000

                 This certifies that, for value received,

                                         (the "Holder")
                 -----------------------

or his or its permitted assigns, is entitled, subject to the terms and
conditions hereinafter set forth, at any time after April 1, 1992, and at or
before 5:00 o'clock P.M., New York time, April 30, 1997, but not thereafter, to
purchase up to 100,000 shares of Common Stock ("Common Stock"), par value $.01
per share, of Tigera Group, Inc., a Delaware corporation (the "Company"), such
number of shares (the "Warrant Shares") being subject to adjustment upon the
occurrence of the contingencies set forth in this Warrant.  The purchase price
payable upon the exercise of this Warrant shall be $1.00 per share, subject to
adjustments upon the occurrence of the contingencies set forth in this Warrant
(the "Warrant Price").

                 Upon delivery of this Warrant duly executed, together with
payment of the Warrant Price for the shares of Common Stock thereby purchased,
at the principal office of the Company at 20 West 55th Street, New York, New
York 10019, or at such other address as the Company may designate by notice in
writing to the registered holder hereof, the registered holder of this Warrant
shall be entitled to receive a certificate or certificates for the Warrant
Shares so purchased.  All shares of Common Stock which may be issued upon the
exercise of this Warrant have been duly authorized and reserved for issuance,
and will, upon such issuance, be fully paid and nonassessable and free from all
taxes, liens and charges with respect thereto.  The Company shall
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at all times reserve and keep available for issuance upon the exercise of this
Warrant, such number of its authorized, but unissued, shares of Common  Stock
as will from time to time be sufficient to permit the exercise of this Warrant,
and shall take all action required to increase the authorized number of shares
of Common Stock if necessary to permit the exercise of this Warrant.

                 This Warrant is subject to the following terms and conditions:

                 1.       Exercise of Warrant.  This Warrant may be exercised
at any time after April 1, 1992, and prior to 5:00 o'clock P.M., New York time,
April 30, 1997, but not thereafter, as to all or any part of the number of
whole shares of Common Stock then subject hereto.  In case of any partial
exercise of this Warrant, the Company shall execute and deliver a new Warrant
of like tenor and date for the balance of the shares of Common Stock
purchasable hereunder.  Payment for Warrant Shares shall be made in immediately
available funds.

                 2.       Adjustment of Warrant Price and the Number of Shares
Purchasable Hereunder.  The Warrant Price and the number of shares purchasable
hereunder shall be subject to adjustment from time to time in accordance with
the following provisions:

         (a)     If, at any time or from time to time after the date of this
         Warrant, the Company shall distribute to the holders of the Common
         Stock (i) securities, other than shares of the Common Stock, or (ii)
         property, other than cash, without payment therefor, with respect to
         the Common Stock, then, and in each such case, the Holder, upon the
         exercise of this Warrant, shall be entitled to receive the securities
         and properties which the Holder would hold on the date of such
         exercise if, on the date of this Warrant, the Holder had been the
         holder of record of the number of shares of the Common Stock
         subscribed for upon such exercise and, during the period from the date
         of this Warrant to and including the date of such exercise, had
         retained such shares and the securities and properties receivable by
         the Holder during such period.  Notice of each such distribution shall
         be forthwith mailed to the Holder.

         (b)     In case the Company shall hereafter (i) pay a dividend or make
         a distribution on its capital stock in shares of Common Stock, (ii)
         subdivide its outstanding shares of Common Stock into a greater number
         of shares, (iii) combine its outstanding shares of Common Stock into a
         smaller number of shares or (iv) issue by reclassification of its
         Common Stock any shares of capital stock of the Company, the Warrant
         Price in effect immediately prior to such action shall be adjusted so
         that the Holder of any Warrant





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         surrendered for conversion immediately thereafter would be entitled to
         receive the number of shares of Common Stock or other capital stock of
         the Company which he would have owned immediately following such
         action had such Warrant been converted immediately prior thereto.  An
         adjustment made pursuant to this subsection (b) shall become effective
         immediately after the record date in the case of a dividend or
         distribution and shall become effective immediately after the
         effective date in the case of a subdivision, combination or
         reclassification.  If, as a result of an adjustment made pursuant to
         this subsection (b), the holder of any Warrant thereafter surrendered
         for conversion shall become entitled to receive shares of two or more
         classes of capital stock or shares of Common Stock and other capital
         stock of the Company, the Board of Directors (whose determination
         shall be conclusive and shall be described in a written notice to the
         Holders of the Warrants promptly after such adjustment) shall
         determine the allocation of the adjusted Warrant Price between or
         among shares of such classes or capital stock or shares of Common
         Stock and other capital stock.

         (c)     In case the Company shall hereafter issue or sell any shares
         of Common Stock (except as provided in Subsection 2(e)) for a
         consideration of less than $1.00 per share, the Warrant Price of the
         shares of Common Stock shall be adjusted as of the date of such
         issuance or sale so that the same shall equal the price determined by
         dividing (i) the sum of (I) the number of shares of Common Stock
         outstanding immediately prior to such issuance or sale multiplied by
         the Warrant Price plus (II) the consideration received by the Company
         upon such issuance or sale, by (ii) the total number of shares of
         Common Stock outstanding after such issuance or sale.

         (d)     Except as provided in Subsection 2(e), in case the Company
         shall hereafter issue or sell any rights, options, warrants or
         securities convertible into Common Stock other than to directors,
         employees or affiliates of the Company entitling the holders thereof
         to purchase Common Stock or to convert such securities into Common
         Stock or to convert such securities into Common Stock at a price
         (determined by dividing (i) the total amount, if any, received or
         receivable by the Company in consideration of the issuance or sale of
         such rights, options, warrants or convertible securities plus the
         total consideration, if any, payable to the Company upon exercise or
         conversion thereof (the "Total Consideration") by (ii) the number of
         additional shares of Common Stock issuable upon conversion of such
         securities) less than $1.00 per share, the Warrant Price shall be
         adjusted as of the date of such issuance or sale so that the same
         shall equal the price determined by dividing (i) the sum of (I) the
         number of shares of common Stock outstanding





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         on the date of such issuance or sale multiplied by the Warrant Price
         plus (II) the Total Consideration by (ii) the number of shares of
         Common Stock outstanding on the date of such issuance or sale plus the
         maximum number of additional shares of Common Stock issuable upon
         conversion of such securities.

         (e)     No adjustment in the Warrant Price shall be required in the
         case of (i) the issuance by the Company of any shares of Common Stock
         pursuant to the exercise of options granted to any of its directors,
         employees or affiliates and (ii) the exercise of these Warrants.

         (f)     In case of any consolidation or merger to which the Company is
         a party other than a merger or consolidation in which the Company is
         the continuing corporation, or in case of any sale or conveyance to
         another corporation of the property of the Company as an entirety or
         substantially as an entirety, or in the case of any statutory exchange
         of securities with another corporation (including any exchange
         effected in connection with a merger of a third corporation into the
         Company), the Holder of a Warrant shall have the right thereafter to
         convert such Warrant into the kind and amount of securities, cash or
         other property which he would have owned or have been entitled to
         receive immediately after such consolidation, merger, statutory
         exchange, sale or conveyance had such Warrant been converted
         immediately prior to the effective date of such consolidation, merger,
         statutory exchange, sale or conveyance and in any such case, if
         necessary, appropriate adjustment shall be made in the application of
         the provisions set forth in this Section 2 with respect to the rights
         and interests thereafter of the Holders of the Warrants to the end
         that the provisions set forth in this Section 2 shall thereafter
         correspondingly be made applicable, as nearly as may reasonably be, in
         relation to any shares of stock or other securities or property
         thereafter deliverable on the conversion of the Warrants.  The above
         provisions of this Subsection 2(f) shall similarly apply to successive
         consolidations, mergers, statutory exchanges, sales or conveyances.
         Notices of any such consolidation, merger, statutory exchange, sale or
         conveyance and of said provisions so proposed to be made, shall be
         mailed to the Holder not less than 30 days prior to such event.

                 3.       Notice of Adjustments.  Upon any adjustment of the
Warrant Price and any increase or decrease in the number of shares of Common
Stock purchasable upon the exercise of this Warrant, then, and in each such
case, the Company, within thirty days, shall give written notice thereof to the
registered holder of this Warrant at the address of such holder as shown on the
books of the Company, which notice shall state the Warrant Price





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as adjusted and the increased or decreased number of shares purchasable upon
the exercise of this Warrant, setting forth in reasonable detail the method of
calculation of each.  Prior to taking any action that might require an
adjustment hereunder, the Company shall, at least ten but not more than thirty
days prior to the occurrence of such action, notify the registered holder of
this Warrant at the address of such holder as shown on the books of the Company
of such action and, if required hereunder, obtain approval of such action.

                 4.       Charges, Taxes and Expenses.  The issuance of
certificates for shares of Common Stock upon any exercise of this Warrant shall
be made without charge to the holder hereof for any tax or other expense in
respect of the issuance of such certificates, all of which taxes and expenses
shall be paid by the Company, and such certificates shall be issued in the name
of, or in such name or names as may be directed by, the holder of this Warrant;
provided, however, that in the event that certificates for shares of Common
Stock are to be issued in a name other than the name of the holder of this
Warrant, this Warrant when surrendered for exercise shall be accompanied by an
instrument of transfer in form satisfactory to the Company, duly executed by
the holder hereof in person or by an attorney duly authorized in writing and
the holder shall pay all stock transfer taxes payable upon issuance of such
stock certificate.

                 5.       Certain Obligations of the Company.  The Company
agrees that it will not establish or increase the par value of the shares of
any Common Stock which are at the time issuable upon exercise of this Warrant
above the then prevailing Warrant Price hereunder and that, before taking any
action which would cause an adjustment reducing the Warrant Price hereunder
below the then par value, if any, of the shares of any Common Stock issuable
upon exercise hereof, the Company will take any corporate action which may, in
the opinion of its counsel, be necessary in order that the Company may validly
and legally issue fully-paid and non-assessable shares of Common Stock at the
Warrant Price as so adjusted.

                 6.       Loss, etc., of Warrant.  Upon receipt of evidence
satisfactory to the Company of the loss, theft, destruction or mutilation of
this Warrant, and of indemnity reasonably satisfactory to the Company, if lost,
stolen or destroyed, and upon surrender and cancellation of this Warrant, if
mutilated, and upon reimbursement of the Company's reasonable incidental
expenses, the Company shall execute and deliver to the Holder a new Warrant of
like date, tenor and denomination.

                 7.       Communication.  No notice or other communication
under this Warrant shall be effective unless, but any notice or other
communication shall be effective and shall be deemed to





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have been given if, the same is in writing and is mailed by first-class mail,
postage prepaid, addressed to:

                 (a)      the Company at 20 West 55th Street, New York, NY
                 10019, or such other address as the Company has designated in
                 writing to the Holder, or

                 (b)      the Holder at 10960 Wilshire Blvd., Suite 336, Los
                 Angeles, CA 90024, or such other address as the Holder has
                 designated in writing to the Company.

                 8.       Miscellaneous.

                 (a)      The terms of this Warrant shall be binding upon and
shall inure to the benefit of any successors or assigns of the Company and of
the holder or holders hereof.

                 (b)      No holder of this Warrant, as such, shall be entitled
to vote or receive dividends (except as provided in paragraph 2(a) hereof) or
be deemed to be a shareholder of the Company for any purpose.

                 (c)      This Warrant may be divided into separate Warrants
covering one share of the Common Stock or any whole multiple thereof, for the
total number of shares of Common Stock then subject to this Warrant at any
time, or from time to time, upon the request of the holder of this Warrant and
the surrender of the same to the Company for such purpose.  Such subdivided
Warrants shall be issued promptly by the Company following any such request and
shall be of the same form and tenor as this Warrant, except for any requested
change in the name of the registered holder stated herein.

                 (d)      Except as otherwise provided herein, this Warrant and
all rights hereunder are transferable by the registered holder hereof in person
or by a duly authorized attorney on the books of the Company upon surrender of
this Warrant, properly endorsed, to the Company. The Company may deem and treat
the registered holder of this Warrant at any time as the absolute owner hereof
for all purposes and shall not be affected by any notice to the contrary.  This
Warrant may not be transferred to any firm or person engaged in any business
which is directly or indirectly in competition with the Company.

                 (e)      Unless this Warrant has been registered under the
Securities Act of 1933 and qualified under applicable state securities law,
notwithstanding any provision herein to the contrary, the holder hereof may not
exercise, sell, transfer or otherwise assign this Warrant unless the Company is
provided with an opinion of counsel satisfactory in form and substance to the
Company, to the effect that such exercise, sale, transfer or





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assignment does not violate the Securities Act of 1933 or applicable state
securities laws.

                 (f)      This Warrant shall be governed by and construed in
accordance with the laws of the State of New York without regard to the
principles of conflict of laws thereof.

                 IN WITNESS WHEREOF, the Company has caused this Warrant to be
signed by its duly authorized officers and its corporate seal to be affixed
hereto.

Dated:  April __, 1991

                                           TIGERA GROUP, INC.



                                           By:
                                              ---------------------------
                                              Name:
                                              Title:


ATTEST:



                            
----------------------------
Secretary





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                                   ASSIGNMENT


                 (To be Executed by the Registered Holder to effect a Transfer
                 of the foregoing Warrant)


                 FOR VALUE RECEIVED, the undersigned hereby sells, and assigns
and transfers unto _____________________________________________________________
________________________________________________________________________________
the foregoing Warrant and the rights represented thereto to purchase shares of
Common Stock of TIGERA GROUP, INC., in accordance with the terms and condition
thereof, and does hereby irrevocably constitute and appoint
_________________________ Attorney to transfer the said Warrant on the books of
the Company, with full power of substitution.


                                                Holder:

                                                ------------------------------

                                                ------------------------------



Dated:            , 19  
        ----------    --

In the presence of:

                        
------------------------





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