SEC NEWS DIGEST Issue 2003-64 April 4, 2003 ENFORCEMENT PROCEEDINGS COMMISSION DENIES PETITIONS OF JOHN MONTELBANO AND MICHAEL GALASSO, JR. FOR RECONSIDERATION On April 3, the Commission denied the petitions of John Montelbano and Michael Galasso, Jr. for reconsideration of its decision sustaining NASD disciplinary action against Montelbano and most of the NASD's findings of violation against Galasso. Montelbano and Galasso were barred from association with any NASD member. Montelbano was also suspended from any such association for two years and Galasso for ten business days, and Montelbano was fined $90,000 and Galasso $81,000. Montelbano, of Staten Island, New York, was acting president of Monitor Investment Group, Inc., a former NASD member firm. Galasso, also of Staten Island, was the firm's trader. The Commission found that respondents participated in a manipulation of the common stock of Accessible Software, Inc., and gave false investigative testimony to the NASD. The Commission also found that Montelbano failed to exercise proper supervision, and that Galasso charged customers excessive markups and violated former Commission Rule 10b-6 under the Securities Exchange Act. In seeking reconsideration, Montelbano objected to several of the Commission's findings against him, and Galasso claimed that he was the victim of a conspiracy to shift the blame for the manipulation to him, and that he did not receive a fair hearing from the NASD. The Commission rejected these contentions as well as Galasso's effort to adduce voluminous additional materials into evidence. It accordingly denied the petitions for reconsideration. (Rel. 34-47624; File No. 3- 10428) COMMISSION DISMISSES APPLICATION FOR REVIEW BY MFS SECURITIES On April 3, the Commission dismissed MFS Securities Corp.'s application for review. MFS is a former member organization of the New York Stock Exchange, Inc. In 1998, both of MFS' members, Mark and John Savarese, were summarily suspended by the exchange. MFS was subsequently informed that it was no longer a member organization. It then sued the exchange for breach of contract and violation of the antitrust laws. In 2002, the Court of Appeals for the Second Circuit directed MFS to file an application with the Commission for review of the exchange's actions. The Commission accepted MFS' application. It concluded that the exchange's staff initially failed to provide MFS with process. However, the Commission found that the exchange's Board had later offered additional procedures in which MFS chose not participate. As a result of MFS' failure to take advantage of the procedures, the Commission could not assess their efficacy, nor resolve the contentions of the parties on the merits of the exchange's actions. The Commission concluded that, in accordance with applicable Commission precedent, it was required to dismiss the proceeding because of MFS' failure to exhaust the exchange's procedures. (Rel. 34-47626; File No. 3-10696) ORDER APPROVING PLAN OF DISGORGEMENT DISTRIBUTION, APPOINTING ADMINISTRATOR AND DIRECTING DISTRIBUTION OF DISGORGEMENT FUND IN THE MATTER OF LAURIE JONES CANADY On April 3, the Commission approved a plan of disgorgement distribution (Plan) in the Matter of Laurie Jones Canady pursuant to Rule 613 of the Rules of Practice of the Securities and Exchange Commission, 17 C.F.R. 201.613. The Commission has appointed David J. Medow, Esq., an Assistant Regional Director in the Midwest Regional Office, Administrator of the Distribution Plan pursuant to Rule 614 of the Rules of Practice of the Securities and Exchange Commission, 17 C.F.R. 201.614, and has directed distribution of the disgorgement fund. On April 5, 1999, the the Commission found that Canady willfully violated Sections 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder while employed as a registered representative at a broker-dealer. Specifically, the Commission found that Canady, in connection with the accounts of four customers, made misrepresentations of material facts and omitted to state material facts, engaged in excessive trading, made unauthorized trades and recommended securities that were not suitable. The Commission barred Canady from association with any broker or dealer, ordered her to cease and desist from future violations and ordered her to pay disgorgement and prejudgment interest in the total amount of $51,693. The Commission, however, stated that Canady may reduce the disgorgement by the amount of any commissions she received for unsolicited trades in her customers' accounts. On April 19, 2002, the Commission accepted Canady's Offer of Settlement regarding the amount of disgorgement in which she agreed to pay $57,714, including prejudgment and all accrued interest. On Dec. 30, 2002, the Commission published a notice of a plan for the distribution of disgorged funds and permitting any interested parties to obtain a copy of the plan and to submit written comments within 30 days. No comments were received. The Plan provides that the disgorgement fund be distributed among the eligible clients of Canady on a pro rata basis. (Rel. 34-47632; File No. 3-8531) SEC BRINGS SETTLED ENFORCEMENT ACTION AGAINST FORMER OFFICER OF THE NORTH FACE, INC. The Commission today issued an order instituting administrative proceedings pursuant to Rule 102(e)(3) of the Commission's Rules of Practice, Making Findings, and Imposing Remedial sanctions against Christopher F. Crawford, C.P.A., the former CFO of The North Face, Inc. On February 10, 2003, the Commission filed a settled action against Christopher F. Crawford, CPA in the Northern District of California (SEC. v. Crawford and Katz, Case No. C03-0561 SBA). The complaint alleges the following: During 1997 through 1998, Crawford and another person engaged in a series of schemes to artificially inflate The North Face's financial results. As a result, The North Face overstated its revenue and gross margin recognition by fraudulently recognizing revenue on barter transactions and by fraudulently recording consignment sales as completed, regular sales. Crawford and others tried to conceal the true nature of the improperly reported transactions from The North Face's auditors and from a special audit committee investigation. Crawford made material misrepresentations and omissions to the auditors in an attempt to hide his misconduct. Crawford, without admitting or denying the allegations in the complaint, consented to the issuance of a judgment against him, which was entered on March 21, 2003, (1) enjoining him from violating, or aiding and abetting any violation of, the antifraud, reporting, record keeping, and lying to the auditors provisions of the securities laws; (2) barring him from serving as an officer or director of a public company for five years; (3) ordering him to disgorge $28,981.77, plus interest; and (4) ordering him to pay a civil penalty of $30,000. Without admitting or denying the findings in the Commission order Crawford consented to the issuance of an order suspending him from appearing or practicing before the Commission as an accountant, but providing that after five years from the date of the order he may request that the Commission consider his application for reinstatement. The order was based on a finding that, among other things, the Court in the civil action referenced above issued an order permanently enjoining Crawford from future violations of the federal securities laws. (Rel 34- 47633; AAE Rel. 1751; File No. 3-11081) FEDERAL COURT ENJOINS PROMOTER IN SECURITIES FRAUD The Commission announced today that on April 1 the Honorable R. Allan Edgar of the United States District Court for the Eastern District of Tennessee entered an order of permanent injunction and other relief against Dianna Blairtorbett (Blairtorbett), individually and d/b/a McMinn Consultants. Blairtorbett was ordered to pay disgorgement, prejudgment interest and a civil penalty in amounts to be resolved upon motion of the Commission at a later date. Defendant McMinn Consultants, Limited (McMinn) was not affected by the entry of this order. Blairtorbett and McMinn operated as promoters in a large multimillion- dollar, prime bank type and other securities fraud. Blairtorbett consented to the entry of the permanent injunction without admitting or denying the allegations contained in the Commission's complaint. The complaint in this matter alleged that Blairtorbett, a Tennessee resident and McMinn fraudulently offered and sold unregistered securities by promising extravagant rates of return derived from a variety of investments, including purported prime bank trading programs. The defendants raised approximately $7.7 million from nearly 100 investors in thirteen states and the funds were pooled into accounts owned and controlled by McMinn. The complaint also alleged that the defendants made misrepresentations and omissions of material fact to investors concerning, among other things, the touted risk free nature of McMinn's investments, the use of investor funds, expected returns and the false representation that McMinn's investments were secured by approximately $7 billion in gold and other precious metals. The precious metals did not exist. Furthermore, the complaint alleged that Blairtorbett falsely represented that an initial investment of $50,000 would be worth approximately $1.7 million in three years and $22 million in five years, but that she had no basis for these representation, and that she knowingly or recklessly failed to disclose that a significant percentage of investor funds would be used to pay the "returns" of earlier investors. Judge Edgar's order permanently enjoined Blairtorbett from further violations of the antifraud provisions of Section 17(a) of the Securities Act of 1933 (Securities Act) and Section 10(b) of the Securities Exchange Act of 1934, and Rule 10b-5 thereunder, and from further violations of the registration provisions of Sections 5(a) and 5(c) of the Securities Act. [SEC v. Dianna Blairtorbett a/k/a Dianna Blair Torbett a/k/a Dianna Blair-Torbett, Individually and d/b/a McMinn Consultants, and McMinn Consultants, Limited, Civil Action No. 1:02-CV- 384, ED Tenn.] (LR-18068) COMMISSION FILES LAWSUIT TO HALT FRAUDULENT STOCK MANIPULATION SCHEME ORCHESTRATED BY CEO AND GENERAL COUNSEL OF ROCKY MOUNTAIN ENERGY CORPORATION On April 3, the Commission filed a complaint in the U.S. District Court for the Southern District of Texas, Houston Division, seeking a temporary restraining order and preliminary and permanent injunctions against Rocky Mountain Energy Corporation, Inc., John N. Ehrman, Rocky Mountain's CEO, and W. Roderick Johnson, Sr., Rocky Mountain's General Counsel. The complaint alleges that Rocky Mountain, Ehrman, and Johnson engaged in a fraudulent market-manipulation scheme in violation of the anti-fraud, securities-registration issuer-reporting, beneficial- ownership, and principal-stockholder reporting provisions of the federal securities laws. The complaint also seeks disgorgement, civil money penalties, and a penny-stock bar against Ehrman and Johnson, an officer- and-director bar against Ehrman, and disgorgement against John W. Ehrman, Jr., Ehrman's father, named as a relief defendant solely for the purposes of equitable relief. The complaint alleges that, from July 2002 to the present, Ehrman and Johnson used four bogus share-exchange transactions to secretly obtain control of approximately 50% of Rocky Mountain's issued and outstanding stock. Rocky Mountain and Ehrman issued a stream of glowing but false and misleading press releases to artificially inflate the price and trading volume of the company's stock. The press releases and other promotional statements, touted numerous "acquisitions" of valuable oil- and-gas properties, or agreements to acquire such properties, along with expected revenues and other benefits from the acquisitions. Rocky Mountain had neither the assets nor the financing to complete these acquisitions. Meanwhile, Ehrman and Johnson sold more than $800,000 of Rocky Mountain stock into the unsuspecting marketplace. In carrying out the fraudulent scheme, Ehrman allegedly caused Rocky Mountain to file false and misleading reports and registration statements with the Commission. Among other things, these filings failed to disclose that Ehrman and Johnson caused Rocky Mountain to issue approximately 47 million shares of stock in the four sham share- exchange transactions. The filings also misrepresented, among other things, Ehrman and Johnson's ownership, transfer, and sale of approximately 31 million of these shares. [SEC v Rocky Mountain Energy Corporation, Inc., John N. Ehrman, W. Roderick Johnson, and John W. Ehrman, Jr. (Defendant Solely for Purposes of Equitable Relief) Case No. H-03-CV-1133, USDC, SD Tex.)] (LR- 18069) SELF-REGULATORY ORGANIZATIONS PROPOSED RULE CHANGE The Pacific Exchange filed a proposed rule change (SR-PCX-2002-54) relating to a one tick step up requirement for Auto-Ex in certain option issues. Publication of the notice in the Federal Register is expected during the week of April 7. (Rel. 34-47615) IMMEDIATE EFFECTIVENESS OF PROPOSED RULE CHANGE A proposed rule change filed by the American Stock Exchange to extend a pilot program relating to crossing procedures on the Amex in Nasdaq National Market securities (SR-Amex-2003-20) has become effective under Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication of the proposal is expected in the Federal Register during the week of April 7. (Rel. 34-47622) CORRECTIONS Yesterday's Digest contained several summaries under Self-Regulatory Organizations with the week of April 4th as the expected date of publication in the Federal Register. The correct week for expected publication in the Federal Register is the week of April 7th. 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: . In most cases, this information is also available on the Commission's website: . S-8 OLD REPUBLIC INTERNATIONAL CORP, 307 N MICHIGAN AVE, CHICAGO, IL, 60601, 3123468100 - 12,000,000 ($320,880,000.00) Equity, (File 333-104279 - Apr. 3) (BR. 01) S-8 AMBASSADORS INTERNATIONAL INC, 1071 CAMELBACK, STREET, NEWPORT BEACH, CA, 92660, 949.759.5900 - 800,000 ($6,800,000.00) Equity, (File 333-104280 - Apr. 3) (BR. 05) S-8 STEAM CLEANING USA INC, PO BOX 209, -, MISHICOT, WI, 54228, 9207761710 - 235,000 ($23,500.00) Equity, (File 333-104281 - Apr. 3) (BR. 09) S-8 TREND MICRO INC, ODAKYU SOUTHERN TOWER 10F 2-1 YOYOGI 2, CHOME SHIBUYA-KU, TOKYO 151-8583 JAPAN, M0, 00000, 360,000 ($10,371,600.00) Equity, (File 333-104282 - Apr. 3) (BR. 03) S-3 MORGAN STANLEY DEAN WITTER CAPITAL I INC, 1585 BROADWAY, 2ND FLOOR, NEW YORK, NY, 10036, 2127614700 - 0 ($1,000,000.00) Other, (File 333-104283 - Apr. 3) (BR. 05) S-8 TELCO BLUE INC, SUITE 500, 388 MARKET STREET, SAN FRANCISCO, CA, 94111, 604-628-5278 - 3,900,000 ($156,000.00) Equity, (File 333-104284 - Apr. 3) (BR. 09) S-8 ROANOKE TECHNOLOGY CORP, 539 BECKER DRIVE, ROANOKE RAPIDS, NC, 27870, 2525379222 - 14,000,000 ($140,000.00) Equity, (File 333-104285 - Apr. 3) (BR. 08) S-3 IDT CORP, 520 BROAD ST, NEWARK, NJ, 07102, 973 438 1000 - 0 ($30,215,110.91) Equity, (File 333-104286 - Apr. 3) (BR. 37) S-8 VIVUS INC, 1172 CASTRO ST, STE 200, MOUNTAIN VIEW, CA, 94040, 6509345265 - 824,979 ($3,225,667.89) Equity, (File 333-104287 - Apr. 3) (BR. 36) S-8 STRATUS PROPERTIES INC, 98 SAN JACINTO BLVD, SUITE 220, AUSTIN, TX, 78701, 5124785788 - 355,000 ($2,955,150.00) Equity, (File 333-104288 - Apr. 3) (BR. 08) S-8 BINDVIEW DEVELOPMENT CORP, 5151 SAN FELIPE 25TH FLOOR, HOUSTON, TX, 77056, 7135613000 - 1,000,000 ($1,200,000.00) Equity, (File 333-104289 - Apr. 3) (BR. 03) S-3 PHILADELPHIA SUBURBAN CORP, 762 LANCASTER AVE, BRYN MAWR, PA, 19010, 2155278000 - 0 ($250,000,000.00) Other, (File 333-104290 - Apr. 3) (BR. 02) S-3 GENERAL DYNAMICS CORP, 3190 FAIRVIEW PARK DRIVE, FALLS CHURCH, VA, 22042, 7038763000 - 3,000,000,000 ($3,000,000,000.00) Non-Convertible Debt, (File 333-104293 - Apr. 3) (BR. 06) 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: . In most cases, this information is also available on the Commission's website: . STATE 8K ITEM NO. NAME OF ISSUER CODE 1 2 3 4 5 6 7 8 9 DATE COMMENT ------------------------------------------------------------------------------------ ADATOM COM INC DE X X X 09/19/02 ADATOM COM INC DE X X X 03/31/03 AMEND ADSTAR COM INC DE X 03/31/03 ADVANCED REMOTE COMMUNICATION SOLUTIO CA X 03/25/03 ADVENT SOFTWARE INC /DE/ DE X X 04/03/03 AETRIUM INC MN X X 04/02/03 AFC ENTERPRISES INC MN X X 04/02/03 AGATE TECHNOLOGIES INC DE DE X 03/14/03 ALASKA PACIFIC BANCSHARES INC AK X 03/31/03 ALLIED WASTE INDUSTRIES INC DE X 04/03/03 ALTRIA DEBENTURE BACKED SERIES 2003-8 DE X X 03/27/03 AMERICAN BANK NOTE HOLOGRAPHICS INC DE X X 03/31/03 AMERICAN GREETINGS CORP OH X 04/03/03 AMERICAN INCOME FUND I-A LTD PARTNERS MA X 03/31/03 AMERICAN INCOME FUND I-B LTD PARTNERS MA X 03/31/03 AMERICAN INCOME PARTNERS V C LTD PART MA X 03/31/03 AMERICAN INCOME PARTNERS V D LTD PART MA X 03/31/03 AMERICREDIT CORP TX X X 03/19/03 ANNUITY & LIFE RE HOLDINGS LTD X X 04/03/03 APPLEBEES INTERNATIONAL INC DE X 04/03/03 APPLIED DIGITAL SOLUTIONS INC MO X X 04/01/03 ARMSTRONG WORLD INDUSTRIES INC PA X 04/03/03 ARTESYN TECHNOLOGIES INC FL X X 03/28/03 ARTISAN COMPONENTS INC DE X X 03/04/03 ASCENTIAL SOFTWARE CORP DE X X 03/31/03 ASTEC INDUSTRIES INC TN X 04/01/03 AUTOZONE INC NV X 04/02/03 AVNET INC NY X X 04/03/03 AVOCENT CORP DE X 04/02/03 AZZ INC TX X X 04/03/03 BANYAN CORP /OR/ OR X X 04/01/03 BEST BUY CO INC MN X X 03/31/03 BIOTRANSPLANT INC DE X X 03/03/03 BLYTH INC DE X 04/01/03 BUCKEYE TECHNOLOGIES INC DE X 04/03/03 CELL ROBOTICS INTERNATIONAL INC CO X X 04/03/03 CENTRAL EUROPEAN DISTRIBUTION CORP DE X X 03/31/03 CERNER CORP /MO/ DE X 04/03/03 CHINAWE COM INC CA X X 02/25/03 COFFEE EXCHANGE INC X X X 03/27/03 COMMERCIAL CAPITAL BANCORP INC NV X X 04/03/03 COMPUTER SCIENCES CORP NV X 04/02/03 COMPUTER SCIENCES CORP NV X X 03/31/03 COOPER COMPANIES INC DE X X 03/25/03 CREDIT SUISSE FIRST BOSTON MOR ACC CO DE X 04/03/02 CRYOLIFE INC FL X X 03/31/03 CYPOST CORP DE X 04/02/03 DATA SYSTEMS & SOFTWARE INC DE X X 04/02/03 DEERE & CO DE X 04/03/03 DENTAL RESOURCES INC MN X X 03/20/03 DIGITAL ANGEL CORP DE X X 03/31/03 DML SERVICES INC NV X X X 03/18/03 DNB FINANCIAL CORP /PA/ PA X X 03/24/03 DOLLAR GENERAL CORP TN X X 04/03/03 EARTHLINK INC DE X X 04/03/03 EDAC TECHNOLOGIES CORP WI X X X 04/02/03 EL PASO CORP/DE DE X X 04/03/03 AMEND ELCOM INTERNATIONAL INC DE X X 04/03/03 ELITE INFORMATION GROUP INC DE X X X 04/02/03 EMBARCADERO TECHNOLOGIES INC X X 04/03/03 ENERGIZER HOLDINGS INC MO X 04/03/03 ENERGY PARTNERS LTD DE X X 03/20/03 ENTRUST INC MD X X 04/03/03 EQUITY MARKETING INC DE X 04/03/03 EVANS BANCORP INC NY X X 03/18/03 AMEND EXELON CORP PA X 04/03/03 FANSTEEL INC DE X 02/28/03 FASTNET CORP PA X X 04/01/03 FISCHER IMAGING CORP DE X X 04/01/03 FLEMING COMPANIES INC /OK/ OK X X X X 04/03/03 FREEPORT MCMORAN COPPER & GOLD INC DE X 04/03/03 GANNETT CO INC /DE/ DE X 04/02/03 GARDEN FRESH RESTAURANT CORP /DE/ DE X 04/02/03 GATEWAY ENERGY CORP/NE DE X X 03/31/03 GENE LOGIC INC DE X X 04/01/03 GENERAL DATACOMM INDUSTRIES INC DE X X 01/31/03 GENERAL DATACOMM INDUSTRIES INC DE X X 01/31/03 GENERAL ELECTRIC CAPITAL CORP DE X 04/03/03 GENERAL ELECTRIC CAPITAL SERVICES INC DE X 04/03/03 GENERAL ELECTRIC CO NY X 04/03/03 GOODYEAR TIRE & RUBBER CO /OH/ OH X X 04/03/03 GREEN MOUNTAIN COFFEE ROASTERS INC DE X 04/03/03 GS MORTGAGE SEC CORP MORT PASS THR CE DE X 03/25/03 AMEND GS MORTGAGE SEC CORP MORT PASS THR CE DE X 03/25/03 AMEND GS MORTGAGE SEC CORP MORT PASS THR CE DE X 03/25/03 AMEND HAND BRAND DISTRIBUTION INC FL X X X 04/04/03 HANMI FINANCIAL CORP DE X X 04/01/03 HEALTHSOUTH CORP DE X 04/02/03 HERBALORGANICS COM X 03/31/03 HINES HORTICULTURE INC DE X X 04/01/03 HORIZON GROUP PROPERTIES INC MD X X 03/31/03 HOSPITALITY PROPERTIES TRUST MD X X 04/02/03 HUMATECH INC X 03/26/03 IBT BANCORP INC PA X X X 04/01/03 IMPERIAL PARKING CORP DE X X 04/02/03 INFOSPACE INC DE X X 04/02/03 INTERNATIONAL FLAVORS & FRAGRANCES IN NY X X 04/03/03 ISCO INTERNATIONAL INC DE X 04/03/03 ITXC CORP NJ X X 03/31/03 KEY ENERGY SERVICES INC MD X X 04/02/03 KV PHARMACEUTICAL CO /DE/ DE X X 04/01/03 LABRANCHE & CO INC DE X X 03/31/03 LAKELAND BANCORP INC NJ X X 03/31/03 LAM PHARMACEUTICAL CORP DE X 04/01/03 LEXINGTON PRECISION CORP DE X X 04/03/02 LOEWS CORP DE X 04/03/03 LOGICVISION INC DE X X 04/02/03 LONG BEACH SECURITIES CORP DE X X 04/02/03 LONG BEACH SECURITIES CORP ASSET BACK DE X 03/25/03 AMEND LONG BEACH SECURITIES CORP ASSET BACK DE X 03/25/03 AMEND LONG BEACH SECURITIES CORP ASSET BACK DE X 03/25/03 AMEND LORAL SPACE & COMMUNICATIONS LTD D0 X X 03/31/03 MANDALAY RESORT GROUP NV X 04/02/03 MATRIXONE INC DE X X 04/03/03 MAXIMUS INC VA X X 04/02/03 MCDONALDS CORP DE X 04/02/03 MDC HOLDINGS INC DE X 04/02/03 MEDIA 100 INC DE X X 04/03/03 MEDIA GENERAL INC VA X 04/01/03 MERRILL LYNCH & CO INC DE X X 04/03/03 MERRILL LYNCH MORTGAGE INVESTORS INC DE X X 04/01/03 MIDAS INC DE X 04/03/03 MONACO COACH CORP /DE/ DE X X 04/03/03 MONRO MUFFLER BRAKE INC NY X X 03/31/03 MORGAN STANLEY DEAN WITTER CAPITAL I DE X X 04/01/03 MORTGAGE ASSET SECURITIZATION TRANSAC DE X X 04/02/03 MORTON INDUSTRIAL GROUP INC GA X 03/31/03 MOTOROLA INC DE X 04/03/03 MRO SOFTWARE INC MA X X 04/02/03 MSC INDUSTRIAL DIRECT CO INC NY X X 04/03/03 MSDW STRUCTURED SATURNS SERIES 2001 2 DE X 04/01/03 NELNET STUDENT LOAN FUNDING LLC X X 03/25/03 NETIQ CORP X X X 04/03/03 NICOR INC IL X 04/03/03 NORTHWEST BANCORP INC PA X X 03/31/03 NORTHWEST NATURAL GAS CO OR X X 04/02/03 NS GROUP INC KY X X 04/02/03 NUI CORP /NJ/ NJ X 04/01/03 ON COMMAND CORP DE X X 04/03/03 OPTION ONE MORT ACCEPTANCE CORP ASSET DE X X X 03/31/03 OPTION ONE MORT ACCEPTANCE CORP ASSET DE X X 04/02/03 OXFORD INDUSTRIES INC GA X 04/02/03 PARAMETRIC TECHNOLOGY CORP MA X X 04/03/03 PEGASUS COMMUNICATIONS CORP / X X 04/02/03 PEGASUS MEDIA & COMMUNICATIONS INC DE X X 04/02/03 PEGASUS SATELLITE COMMUNICATIONS INC DE X X 04/02/03 PENNICHUCK CORP NH X X 04/02/03 PEOPLES PREFERRED CAPITAL CORP X 04/03/03 PMA CAPITAL CORP PA X X 04/03/03 PORTLAND GENERAL ELECTRIC CO /OR/ OR X 03/25/03 POTLATCH CORP DE X 04/03/03 PRE PAID LEGAL SERVICES INC OK X 04/02/03 PRIME HOLDINGS & INVESTMENTS INC NV X X 04/02/03 PRO TECH COMMUNICATIONS INC FL X 03/31/03 PROLONG INTERNATIONAL CORP NV X X 03/31/03 REPUBLIC CORP /TX/ TX X X 03/25/03 RESIDENTIAL FUNDING MORTGAGE SECURITI DE X X 04/03/03 RESIDENTIAL FUNDING MORTGAGE SECURITI DE X X 04/03/03 ROLLINS INC DE X 04/01/03 SAFEGUARD HEALTH ENTERPRISES INC DE X X 03/31/03 SAN HOLDINGS INC CO X X 04/01/03 AMEND SCB COMPUTER TECHNOLOGY INC TN X 04/03/03 AMEND SCHLOTZSKYS INC TX X 03/28/03 SCHNITZER STEEL INDUSTRIES INC OR X X 04/03/03 SCHOLASTIC CORP DE X X 04/03/03 SCIOS INC DE X X 04/03/03 SELECT COMFORT CORP MN X 04/03/03 SEVEN VENTURES INC NV X 11/06/02 AMEND SINCLAIR BROADCAST GROUP INC MD X X 04/03/03 SPEAR & JACKSON INC X 03/25/03 SPEAR & JACKSON INC X 03/25/03 SPEAR & JACKSON INC X 03/25/03 SPEIZMAN INDUSTRIES INC DE X X 04/02/03 STORAGE COMPUTER CORP DE X 04/01/03 SUSQUEHANNA MEDIA CO DE X X 04/02/03 SYNAVANT INC DE X X 04/02/03 SYNAVANT INC DE X X 03/31/03 SYNDICATED FOOD SERVICE INTERNATIONAL FL X X X 02/12/03 AMEND SYNDICATED FOOD SERVICE INTERNATIONAL FL X X X 02/12/03 AMEND TBC CORP DE X 04/02/03 TELLIUM INC DE X X 04/03/03 TENFOLD CORP /UT DE X X 04/01/03 TFC ENTERPRISES INC DE X X 03/31/03 TGFIN HOLDINGS INC DE X X 03/31/03 UNITED DOMINION REALTY TRUST INC VA X X 03/14/03 US AIRWAYS GROUP INC DE X X 04/03/03 USURF AMERICA INC NV X X X 03/31/03 VENTAS INC DE X X 04/03/03 WEBEX COMMUNICATIONS INC X 04/03/03 WEBMETHODS INC DE X X 04/03/03 WEBSENSE INC DE X 04/03/03 WFS FINANCIAL 2002-1 OWNER TRUST DE X X 03/20/03 WFS FINANCIAL 2002-3 OWNER TRUST CA X X 03/20/03 WICKES INC DE X X 05/03/03 WILMINGTON TRUST CORP DE X 04/01/03 WINWIN GAMING INC DE X X X 03/31/03 ZONAGEN INC DE X X 04/02/03 ZONES INC WA X X 03/31/03