SEC NEWS DIGEST Issue 2004-168 August 31, 2004 ENFORCEMENT PROCEEDINGS THOMAS KOLBE, FORMER NATIONAL SALES MANAGER OF INVESCO FUNDS GROUP, INC., SETTLES CHARGES RELATING TO MARKET TIMING ABUSES On August 30, the Commission issued an Order Instituting Administrative and Cease-and-Desist Proceedings, Making Findings, and Imposing Remedial Sanctions and a Cease-and Desist Order Pursuant to Sections 203(f) and 203(k) of the Investment Advisers Act of 1940 and Section 9(b) of the Investment Company Act of 1940 (Order) against Thomas A. Kolbe. Kolbe was formerly the national sales manager for Invesco Funds Group, Inc. (IFG), the Denver-based registered investment adviser to the Invesco mutual fund complex. The Order finds that, from October 2001 through July 2003, Kolbe assisted IFG in negotiating and approving market timing agreements with certain select investors that financially benefited IFG but were detrimental to the funds’ shareholders. By entering into these agreements IFG breached its fiduciary duty to the Funds. The agreements also contravened the funds’ prospectus disclosures. Through his actions, Kolbe willfully aided and abetted and caused IFG’s violations of Sections 206(1) and 206(2) of the Investment Advisers Act. Based on the above, the Commission ordered Kolbe to cease and desist from committing or causing any violations or any future violations of Sections 206(1) and 206(2) of the Investment Advisers Act, prohibited him from associating with an investment adviser or an investment company for a period of one year, and prohibited him from serving as an officer or director of an investment adviser or an investment company for a period of two years. The Order also required Kolbe to pay a civil penalty in the amount of $150,000 and disgorgement in the amount of $1. Kolbe consented to the issuance of the Order without admitting or denying any of the findings. In related matters, the Commission also instituted and simultaneously settled administrative and cease-and-desist proceedings against Timothy J. Miller and Michael D. Legoski, two other former employees of IFG. The Commission filed a civil injunctive action against IFG and its former president on December 2, 2003. (Rels. IA-2288; IC-26588; File No. 3-11618) TIMOTHY MILLER, FORMER CHIEF INVESTMENT OFFICER OF INVESCO FUNDS GROUP, INC., SETTLES CHARGES RELATING TO MARKET TIMING ABUSES On August 30, the Commission issued an Order Instituting Administrative and Cease-and-Desist Proceedings, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order Pursuant to Sections 203(f) and 203(k) of the Investment Advisers Act of 1940 and Sections 9(b) and 9(f) of the Investment Company Act of 1940 (Order) against Timothy J. Miller. Miller was formerly the chief investment officer and a portfolio manager for Invesco Funds Group, Inc. (IFG), the Denver-based registered investment adviser to the Invesco mutual fund complex. The Order finds that, from 2001 through July 2003, Miller assisted IFG in approving market timing agreements with certain select investors that financially benefited IFG but were detrimental to the funds’ shareholders. By entering into these agreements IFG breached its fiduciary duty to the Funds. The agreements also contravened the funds’ prospectus disclosures, including disclosures made in the prospectus for the fund Miller personally managed. Through his actions, Miller willfully aided and abetted and caused IFG’s violations of Sections 206(1) and 206(2) of the Investment Advisers Act and caused IFG’s violations of Section 34(b) of the Investment Company Act. Based on the above, the Commission ordered Miller to cease and desist from committing or causing any violations or any future violations of Sections 206(1) and 206(2) of the Investment Advisers Act and Section 34(b) of the Investment Company Act, prohibited him from associating with an investment adviser or an investment company for a period of one year, and prohibited him from serving as an officer or director of an investment adviser or an investment company for a period of three years. The Order also required Miller to pay a civil penalty in the amount of $150,000 and disgorgement in the amount of $1. Miller consented to the issuance of the Order without admitting or denying any of the findings. In related matters, the Commission also instituted and simultaneously settled administrative and cease-and-desist proceedings against Thomas A. Kolbe and Michael D. Legoski, two other former employees of IFG. The Commission filed a civil injunctive action against IFG and its former president on December 2, 2003. (Rels. IA-2289; IC-26589; File No. 3- 11619) MICHAEL LEGOSKI, FORMER EMPLOYEE OF INVESCO FUNDS GROUP, INC., SETTLES CHARGES RELATING TO MARKET TIMING ABUSES On August 30, the Commission issued an Order Instituting Administrative and Cease-and-Desist Proceedings, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order Pursuant to Section 15(b)(6) of the Securities Exchange Act of 1934, Sections 203(f) and 203(k) of the Investment Advisers Act of 1940, and Section 9(b) of the Investment Company Act of 1940 (Order) against Michael D. Legoski. Legoski was formerly a vice president in the sales department of Invesco Funds Group, Inc. (IFG), the Denver-based registered investment adviser to the Invesco mutual fund complex. The Order finds that, from 2001 through July 2003, Legoski assisted IFG in negotiating market timing agreements with certain select investors that financially benefited IFG but were detrimental to the funds’ shareholders. By entering into these agreements IFG breached its fiduciary duty to the Funds. The agreements also contravened the funds’ prospectus disclosures. Through his actions, Legoski willfully aided and abetted and caused IFG’s violations of Sections 206(1) and 206(2) of the Investment Advisers Act. Based on the above, the Commission ordered Legoski to cease and desist from committing or causing any violations or any future violations of Sections 206(1) and 206(2) of the Investment Advisers Act, and prohibited him from associating with a broker, dealer, investment adviser, or investment company for a period of one year. The Order also required Legoski to pay a civil penalty in the amount of $40,000 and disgorgement in the amount of $1. Legoski consented to the issuance of the Order without admitting or denying any of the findings. In related matters, the Commission also instituted and simultaneously settled administrative and cease-and-desist proceedings against Timothy J. Miller and Thomas A. Kolbe, two other former employees of IFG. The Commission filed a civil injunctive action against IFG and its former president on December 2, 2003. (Rels. 34-50289; IA-2290; IC-26590; File No. 3-11620) IN THE MATTER OF MERRELL W. WILLIAMS AND TIMOTHY C. OLK On August 31, the Commission issued an Order Instituting Administrative Proceedings Pursuant to Section 15(b) of the Securities Exchange Act of 1934, Making Findings and Imposing Remedial Sanctions (Order) against Merrell W. Williams and Timothy C. Olk. The Order finds that on May 14, 2003, the Commission filed a complaint against Williams, Olk and another defendant in SEC v. Greenline Capital Corp., et al. (Civil Action No. 3:03-CV-1033, USDC/Northern District of Texas). On Aug. 10 and 11, 2004, the court entered a final judgments against Olk and Williams, respectively, by consent, permanently enjoining them from future violations of Sections 5(a), 5(c), and 17(a) of the Securities Act of 1933 and Sections 10(b) and 15(a) of the Exchange Act and Rule 10b-5 thereunder. The Order further finds that the Commission’s complaint alleged, among other things, that Williams, formerly Greenline’s president, along with Olk, formerly a Greenline sales agent, raised approximately $2.1 million from approximately 25 investors through the fraudulent offer and sale of securities, in the form of limited partner interests in Greenline- sponsored partnerships; that Williams and Olk falsely represented to investors, among other things, the use of investor proceeds, and the potential return on, and liquidity and risk of the Greenline investment. Further, Williams misappropriated approximately $1.3 million of investor funds. Based on the above, the Order bars Williams and Olk from association with any broker or dealer. Both Williams and Olk consented to the issuance of the Order without admitting or denying any of the findings in the Order. Additional information can be found in LR-18151 (May 20, 2003). (Rel. 34-50293; File No. 3-11622) DEFENDANTS IN $29.5 MILLION SECURITIES FRAUD IN ORANGE COUNTY, CALIFORNIA AGREE TO SETTLE SEC ACTION The Securities and Exchange Commission today announced that on Aug. 26, 2004, the Honorable Gary L. Taylor, United States District Judge for the Central District of Calif., entered final judgments against defendants Colin Nathanson and eight of the business entities Nathanson founded pursuant to their consents. The Commission’s complaint alleged that the defendants, based in Orange County, perpetrated a $29.5 million securities fraud. As part of the settlement, Nathanson and the defendant entities, controlled by a court-appointed receiver, consented to permanent injunctions, without admitting or denying the allegations in the Commission's complaint. Additionally, the defendant entities agreed to disgorge all of their funds and assets pursuant to one or more plans of distribution approved by the court, less any court-approved receivership fees and expenses. Nathanson consented to disgorge $4.7 million. In satisfaction of this debt, Nathanson agreed to disgorge to the receiver all of his real property, including three parcels of land he owns in Orange County, as well as certain personal property that he owns. Payment of the remainder of the $4.7 million is waived, based upon Nathanson’s demonstrated inability to pay. The Commission’s complaint, filed on March 25, 2004, in federal court in Orange County, alleged that since 2001, Nathanson and his companies raised $29.5 million from over 1800 investors nationwide through four fraudulent investment schemes. At the time the Commission filed its complaint, Nathanson was continuing to raise funds from investors in at least two of his schemes. The first of Nathanson’s schemes involved selling securities in a golf equipment company he controlled, Giant Golf Co., which purportedly was preparing to conduct an IPO. The second scheme was a Ponzi scheme involving several entities that would purportedly purchase air time to air Giant Golf’s infomercials. In the third scheme, Nathanson sold investment interests through the Nathanson Investment Trust in a purported unnamed software company that he claimed would soon be bought-out by a larger, unnamed, company. Finally, the complaint alleged that Nathanson sold securities in a company known as Millennium Technical Group that Nathanson said would exploit certain FCC licenses purchased in 1994. The Commission alleged that in these four schemes, the defendants lied to investors regarding how they would use the investor funds. The complaint alleged that without the investors’ knowledge or consent, Nathanson commingled the investors’ monies, and used the commingled funds to operate both the unprofitable defendant businesses and his other various unprofitable businesses. Additionally, the Commission’s complaint alleged that since February 2001, Nathanson used at least $1 million of investor funds to support his extravagant lifestyle, including three homes and payment of $346,500 in gambling-related debts. Finally, the Commission alleged that, in Ponzi-like fashion, Nathanson caused over $5 million of the $29.5 million raised to be paid to certain investors either as purported “returns” on their investments when, in fact, their investments were not profitable, or as purported returns of their principal. The Commission previously obtained a temporary restraining order against all defendants. See LR-18642. The Commission subsequently obtained a preliminary injunction against all defendants. See LR-18663. [SEC v. Colin Nathanson, Individually and Doing Business as Nathanson Investment Trust, Giant Golf Company, Play Big Enterprises, Inc., Starquest Management, Inc., Whitehawk Consulting Group, Inc., Leafhead Consultants, Inc., NetTel Consulting Corp., Yrmac Consulting Services, Inc., and Millennium Technical Group, Inc., Civil Action No. SA CV 04- 0351 GLT, RZX, C.D.Cal..] (LR-18861) SELF-REGULATORY ORGANIZATIONS PROPOSED RULE CHANGES The Commission noticed for comment a proposed rule change (SR-Amex-2003- 82), and Amendment No. 1 thereto, that the American Stock Exchange has filed under Rule 19b-4 of the Securities Exchange Act relating to Auto- Match. Publication of the proposal is expected in the Federal Register during the week of August 30. (Rel. 34-50283) The Boston Stock Exchange filed a proposed rule change under Rule 19b-4 (SR-BSE-2004-25) and Amendment Nos. 1, 2 and 3 thereto relating to its Specialist Performance Evaluation Program. Publication of the proposal is expected in the Federal Register during the week of August 30. (Rel. 34-50287) 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-3 TEGAL CORP /DE/, 2201 SOUTH MCDOWELL BLVD, PETALUMA, CA, 94954, 7077635600 - 2,385,632 ($2,743,476.80) Equity, (File 333-118641 Aug. 30) (BR. 36) S-8 8X8 INC /DE/, 2445 MISSION COLLEGE BLVD, SANTA CLARA, CA, 95054, 4087271885 - 1,189,575 ($2,331,567.00) Equity, (File 333-118642 Aug. 30) (BR. 37) S-3 8X8 INC /DE/, 2445 MISSION COLLEGE BLVD, SANTA CLARA, CA, 95054, 4087271885 - 336,000 ($658,560.00) Equity, (File 333-118643 - Aug. 30) (BR. 37) F-3 BRAZILIAN PETROLEUM CORP, AVENIDA REPUBLICA DO CHILE 65, 55-21-534-4477 20035-900, RIO DE JANERIO RJ BR, D5, 00000, 0 ($10,000,000.00) Other, (File 333-118644 - Aug. 30) (BR. 04) S-8 QUEPASA CORP, 410 N. 44TH STREET, SUITE 450, PHOENIX, AZ, 85008, 602-716-0100 - 6,000,000 ($10,500,000.00) Equity, (File 333- 118645 - Aug. 30) (BR. 37) S-8 HEALTH NET INC, 21650 OXNARD ST, WOODLAND HILLS, CA, 91367, 8186766000 - 0 ($82,106,167.24) Equity, (File 333-118646 - Aug. 30) (BR. 01) S-8 HEALTH NET INC, 21650 OXNARD ST, WOODLAND HILLS, CA, 91367, 8186766000 - 0 ($12,607,500.00) Equity, (File 333-118647 - Aug. 30) (BR. 01) S-8 SUNCOR ENERGY INC, 112 4TH AVENUE SW PO BOX 38, CALGARY, ALBERTA CANADA, A0, T2P 2V5, 4032698100 - 0 ($53,652,619.00) Equity, (File 333-118648 - Aug. 30) (BR. 04) S-4 FREESCALE SEMICONDUCTOR INC, 6501 WILLIAM CANNON DRIVE, AUSTIN, TX, 78735, 5128952000 - 1,250,000,000 ($1,250,000,000.00) Non-Convertible Debt, (File 333-118649 - Aug. 30) (BR. 36) S-8 EFOODSAFETY COM INC, 350 W CALDWELL AVENUE, VISALIA, CA, 93277, 5597412060 - 300,000 ($177,000.00) Equity, (File 333-118650 - Aug. 30) (BR. 04) SB-2 CCI GROUP INC, 405 PARK AVENUE, 10TH FLOOR, NEW YORK, NY, 10022, 212-421-1400 - 10,000,000 ($13,100,000.00) Debt Convertible into Equity,4,755,483 ($6,229,682.73) Equity, (File 333-118651 - Aug. 30) (BR. 03) S-8 CENTREX INC, 9202 S. TOLEDO, AVENUE, TULSA, OK, 74137, 918-494- 2880 - 8,000,000 ($88,000.00) Equity, (File 333-118654 - Aug. 30) (BR. 36) S-3 SOURCE INTERLINK COMPANIES INC, 27500 RIVERVIEW CENTER BLVD., SUITE 400, BONITA SPRINGS, FL, 34134, (239) 949-4450 - 0 ($3,576,000.00) Equity, (File 333-118655 - Aug. 30) (BR. 37) S-3 MTI TECHNOLOGY CORP, 14661 FRANKLIN AVENUE, TUSTIN, CA, 92780, 7144817800 - 0 ($13,126,100.00) Equity, (File 333-118657 - Aug. 30) (BR. 03) S-4 VWR International, Inc., 1310 GOSHEN PARKWAY, P.O. BOX 2656, WEST CHESTER, PA, 19380, 610-431-1700 - 0 ($520,000,000.00) Other, (File 333-118658 - Aug. 30) (BR. ) S-8 CROWN CASTLE INTERNATIONAL CORP, 510 BERING DRIVE, SUITE 500, HOUSTON, TX, 77057, 7135703000 - 0 ($217,920,000.00) Equity, (File 333- 118659 - Aug. 30) (BR. 37) S-3 NAVIGANT INTERNATIONAL INC, 84 INVERNESS CIRCLE EAST, ENGLEWOOD, CO, 80112-5314, 3037060800 - 611,475 ($9,728,567.25) Equity, (File 333-118660 - Aug. 30) (BR. 05) S-8 EAST DELTA RESOURCES CORP., 447 ST FRANCOIS XAVIER ST, MONTREAL QUEBEC, CANADA, A8, H2Y2T1, 5148443510 - 1,000,000 ($320,000.00) Equity, (File 333-118661 - Aug. 30) (BR. 09) S-3 AMERIGON INC, 5462 IRWINDALE AVENUE, IRWINDALE, CA, 91760-, 6268157400 - 0 ($26,750,850.00) Equity, (File 333-118662 - Aug. 30) (BR. 05) S-8 ANALYSTS INTERNATIONAL CORP, 3601 WEST 76TH ST, MINNEAPOLIS, MN, 55435, 952-835-5900 - 0 ($2,945,000.00) Equity, (File 333-118663 - Aug.30) (BR. 03) S-8 TIMKEN CO, 1835 DUEBER AVE SW, CANTON, OH, 44706-2798, 3304713078 - 100,000 ($2,399,000.00) Equity, (File 333-118664 - Aug. 30) (BR. 06) S-4 SUSQUEHANNA BANCSHARES INC, 26 N CEDAR ST, LITITZ, PA, 17543, 7176264721 - 0 ($75,000,000.00) Non-Convertible Debt, (File 333-118665 - Aug. 30) (BR. 07) S-2 TODHUNTER INTERNATIONAL INC, 222 LAKEVIEW AVE STE 1500, WEST PALM BEACH, FL, 33401, 5616558977 - 0 ($5,191,595.00) Equity, (File 333-118666 - Aug. 30) (BR. 02) S-3 DRUGSTORE COM INC, 13920 SE EASTGATE STE 300, BELLEVUE, WA, 98005, 4258815131 - 6,830,590 ($15,915,274.70) Equity, (File 333-118667- Aug. 30) (BR. 01) S-8 OSPREY GOLD CORP, 4 PRINCESS STREET, ORANGEVILLE, A6, L9W 3X5, 519-940-8117 - 8,000,000 ($1,120,000.00) Equity, (File 333- 118668 - Aug. 30) (BR. 04) S-3 PALM HARBOR HOMES INC /FL/, 15303 DALLAS PKWY, STE 800, DALLAS, TX, 75248, 9729912922 - 0 ($75,000,000.00) Non-Convertible Debt, (File 333-118669 - Aug. 30) (BR. 06) S-8 CELTRON INTERNATIONAL INC, 563 OLD PRETORIA ROAD, MIDRAND, S. AFRICA, S9, 1658, 01127837854584 - 1,500,000 ($900,000.00) Equity, (File 333-118670 - Aug. 30) (BR. 09) S-8 KINDERCARE LEARNING CENTERS INC /DE, 650 NE HOLLADAY STREET, SUITE 1400, PORTLAND, OR, 97232, (503) 872-1300 - 5,000,000 ($5,000,000.00) Other, (File 333-118671 - Aug. 30) (BR. 01) S-8 ACT TELECONFERENCING INC, 1658 COLE BLVD, STE 130, GOLDEN, CO, 80401, 3032359000 - 0 ($1,233,000.00) Equity, (File 333-118672 - Aug. 30) (BR. 37) S-3 VERILINK CORP, 256-327-2001 - 0 ($9,365,970.00) Equity, (File 333-118673 - Aug. 30) (BR. 37) S-8 ACT TELECONFERENCING INC, 1658 COLE BLVD, STE 130, GOLDEN, CO, 80401, 3032359000 - 0 ($274,000.00) Equity, (File 333-118674 - Aug. 30) (BR. 37) S-4 Medical Device Manufacturing, Inc., 200 W. 7TH AVENUE, COLLEGEVILLE, PA, 19426, (610) 409-2225 - 0 ($175,000,000.00) Other, (File 333-118675 - Aug. 30) (BR. ) RECENT 8K FILINGS Form 8-K is used by companies to file current reports on the following events: 1.01 Entry into a Material Definitive Agreement 1.02 Termination of a Material Definitive Agreement 1.03 Bankruptcy or Receivership 2.01 Completion of Acquisition or Disposition of Assets 2.02 Results of Operations and Financial Condition 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off- Balance Sheet Arrangement of a Registrant 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation under an Off- Balance Sheet Arrangement 2.05 Cost Associated with Exit or Disposal Activities 2.06 Material Impairments 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing 3.02 Unregistered Sales of Equity Securities 3.03 Material Modifications to Rights of Security Holders 4.01 Changes in Registrant’s Certifying Accountant 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review 5.01 Changes in Control of Registrant 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year 5.04 Temporary Suspension of Trading Under Registrant's Employee Benefit Plans 5.05 Amendments to the Registrant’s Code of Ethics, or Waiver of a Provision of the Code of Ethics 7.01 Regulation FD Disclosure 8.01 Other Events 9.01 Financial Statements and Exhibits 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 DATE COMMENT ------------------------------------------------------------------------------------------------ 21ST CENTURY TECHNOLOGIES INC NV 8.01,9.01 08/27/04 ACCESSPOINT CORP /NV/ NV 7.01,8.01 08/30/04 ACCESSPOINT CORP /NV/ NV 7.01,8.01 08/30/04 ACCESSPOINT CORP /NV/ NV 7.01,8.01 08/30/04 Accredited Mortgage Loan Trust 2004-2 DE 9.01 08/25/04 ACCREDO HEALTH INC DE 2.02,9.01 08/30/04 ACTUANT CORP WI 3.03 08/27/04 AEGIS COMMUNICATIONS GROUP INC DE 3.02,5.01,9.01 08/20/04 AEOLUS PHARMACEUTICALS, INC. DE 4.01,9.01 08/23/04 AMEND AFP IMAGING CORP NY 2.02,9.01 08/30/04 AirRover Wi-Fi Corp. DE 8.01 08/24/04 AIRTRAN HOLDINGS INC NV 7.01,9.01 08/27/04 ALICO INC FL 8.01 08/26/04 ALLIED HEALTHCARE PRODUCTS INC DE 1.01 08/27/04 AMARILLO BIOSCIENCES INC TX 4.01,9.01 08/19/04 AMERICAN BUSINESS FINANCIAL SERVICES DE 2.02 08/30/04 AMERICAN REAL ESTATE PARTNERS L P DE 8.01,9.01 08/06/04 AMERIQUEST MORTGAGE SECURITIES INC DE 8.01,9.01 08/13/04 AMERIQUEST MORTGAGE SECURITIES INC DE 8.01,9.01 08/13/04 APOGEE TECHNOLOGY INC DE 1.01,3.02,9.01 08/24/04 ARGENT SECURITIES INC ASSET-BACKED PA 8.01 08/25/04 ASIA PAYMENT SYSTEMS NV 7.01,9.01 08/27/04 ASPECT COMMUNICATIONS CORP CA 2.02,7.01,9.01 08/30/04 ASPENBIO INC CO 1.01,9.01 08/30/04 ASSET BACKED FUNDING CORP ABFC ASSET DE 8.01,9.01 08/25/04 Asset Backed Pass-Through Certificate DE 8.01,9.01 08/25/04 ASSET BACKED SECURITIES CORP DE 8.01,9.01 08/30/04 ASSET-BACKED CERTIFICATES SERIES 2004 DE 9.01 08/25/04 ASSURE ENERGY INC DE 9.01 07/28/03 AMEND ATA HOLDINGS CORP IN 3.01 08/30/04 ATSI COMMUNICATIONS INC/DE NV 1.01,2.01,3.02,9.01 08/30/04 BANC OF AMERICA FUNDING CORP DE 8.01,9.01 08/27/04 BANC OF AMERICA FUNDING CORP DE 8.01,9.01 08/27/04 BANC OF AMERICA FUNDING CORP DE 8.01,9.01 08/27/04 BB&T CORP NC 5.03,9.01 08/30/04 BEAR STEARNS ASSET-BACKED CERTIFICAT DE 9.01 08/25/04 BEAR STEARNS ARM TRUST 2002-7 DE 8.01,9.01 08/25/04 BEAR STEARNS ARM TRUST 2003-4 DE 8.01,9.01 08/25/04 BEAR STEARNS ARM TRUST 2003-5 DE 8.01,9.01 08/25/04 BEAR STEARNS ARM TRUST MORT PASS THR DE 8.01,9.01 08/25/04 BEAR STEARNS ARM TRUST MORT PASS THR DE 8.01,9.01 08/25/04 BEAR STEARNS ARM TRUST MORTGAGE PASS NY 8.01,9.01 08/25/04 BEAR STEARNS ARM TRUST MORTGAGE PASS 8.01,9.01 08/25/04 BEAR STEARNS ARM TRUST MORTGAGE PASS DE 8.01,9.01 08/25/04 BEAR STEARNS ARM TRUST MORTGAGE PASS DE 8.01,9.01 08/25/04 BEAR STEARNS ARM TRUST MORTGAGE PASS DE 8.01,9.01 08/25/04 BEAR STEARNS ARM TRUST MORTGAGE PASS NY 8.01,9.01 08/25/04 BEAR STEARNS ARM TRUST MORTGAGE PASS- NY 8.01,9.01 08/25/04 BEAR STEARNS ARM TRUST, MORTGAGE PASS DE 8.01,9.01 08/25/04 BEAR STEARNS ASSET BACKED CERTIFICATE DE 9.01 08/25/04 BEAR STEARNS ASSET BACKED SEC INC SER DE 9.01 08/25/04 BEAR STEARNS ASSET BACKED SECURITIES DE 8.01,9.01 08/25/04 BEAR STEARNS ASSET BACKED SECURITIES DE 9.01 08/25/04 BEAR STEARNS ASSET BACKED SECURITIES DE 9.01 08/25/04 BEAR STEARNS ASSET BACKED SECURITIES DE 8.01,9.01 08/25/04 BEAR STEARNS ASSET BACKED SECURITIES DE 9.01 08/25/04 BEAR STEARNS ASSET BACKED SECURITIES DE 9.01 08/25/04 BEAR STEARNS ASSET BACKED SECURITIES DE 8.01,9.01 08/25/04 BEAR STEARNS ASSET BACKED SECURITIES DE 8.01,9.01 08/25/04 BEAR STEARNS ASSET BACKED SECURITIES DE 8.01,9.01 08/25/04 BEAR STEARNS ASSET BACKED SECURITIES DE 8.01,9.01 08/25/04 Bear Stearns Asset Backed Securities DE 8.01,9.01 08/25/04 BEAR STEARNS ASSET-BACKED CERTIFICATE DE 8.01,9.01 08/25/04 BIB HOLDINGS LTD NV 1.01,9.01 08/30/04 BioMed Realty Trust Inc MD 2.01,9.01 08/24/04 BKF CAPITAL GROUP INC DE 5.02 08/30/04 BLACKROCK INC /NY DE 1.01,7.01,9.01 08/26/04 BLASTGARD INTERNATIONAL INC CO 8.01 08/24/04 BLUEFLY INC DE 9.01 08/26/04 BRINKER INTERNATIONAL INC DE 5.02,9.01 08/26/04 C-COR INC PA 1.01,9.01 08/27/04 CAESARS ENTERTAINMENT INC DE 8.01,9.01 08/30/04 CAPITAL BANCORP INC TN 8.01,9.01 08/30/04 CARDINAL BANKSHARES CORP VA 5.02,9.01 08/25/04 CARROLL SHELBY INTERNATIONAL INC 1.01 08/27/04 CASS INFORMATION SYSTEMS INC MO 3.02,8.01 08/27/04 CATALINA MARKETING CORP/DE DE 1.01,1.02,2.01,2.03,9.01 08/25/04 CBL & ASSOCIATES PROPERTIES INC DE 8.01 12/31/03 CBRL GROUP INC TN 5.02,7.01,9.01 08/30/04 CENTEX HOME EQUITY LOAN TRUST 2004-A DE 8.01,9.01 08/25/04 Centex Home Equity Loan Trust 2004-C DE 8.01,9.01 08/25/04 CFSB MOR SEC CORP HOME EQUITY ASSET T DE 8.01,9.01 08/25/04 CHEC FUNDING LLC CENTEX HOME EQUITY L DE 8.01,9.01 08/25/04 CI SELL CARS INC TX 2.01,5.01,9.01 08/30/04 AMEND CIT Equipment Collateral 2004-EF1 DE 8.01,9.01 08/20/04 CIT EQUIPMENT COLLATERAL 2004-VT1 DE 8.01,9.01 08/20/04 CITIGROUP MORTGAGE LOAN TRUST SERIES 8.01,9.01 08/25/04 CLASSIC BANCSHARES INC DE 7.01,9.01 08/27/04 CNL RETIREMENT PROPERTIES INC MD 8.01 08/24/04 CONNS INC DE 2.02,9.01 08/30/04 COOPER CAMERON CORP DE 7.01,9.01 08/27/04 CORINTHIAN COLLEGES INC 5.02 08/24/04 COVALENT GROUP INC NV 2.05,9.01 08/24/04 CREDENCE SYSTEMS CORP DE 3.03,9.01 08/27/04 CREDIT ACCEPTANCE CORPORATION MI 2.03,9.01 08/25/04 CREDIT SUISSE FIRST BOSTON MORTGAGE A DE 8.01,9.01 08/30/04 CREDIT SUISSE FIRST BOSTON MORTGAGE S DE 8.01,9.01 08/25/04 CROWN MEDICAL SYSTEMS INC 5.01,9.01 08/09/04 CUTTER & BUCK INC WA 5.02,5.03,7.01,9.01 08/25/04 CWABS Asset Backed Certificates Trust DE 9.01 07/30/04 AMEND CWABS INC DE 8.01,9.01 08/27/04 CWALT INC 9.01 08/30/04 CWALT INC 9.01 08/30/04 CWALT INC 9.01 08/30/04 CWALT INC 9.01 08/30/04 CWMBS INC DE 9.01 08/30/04 CWMBS INC DE 9.01 08/30/04 CWMBS INC DE 9.01 08/30/04 CWMBS INC DE 8.01,9.01 08/09/04 CWMBS INC DE 9.01 08/30/04 DATAMEG CORP NY 8.01 08/30/04 DIGITAL VIDEO SYSTEMS INC DE 3.01 08/27/04 DIRECTV GROUP INC DE 8.01,9.01 08/27/04 DIRECTV HOLDINGS LLC DE 2.01,2.03,9.01 08/27/04 DOBSON COMMUNICATIONS CORP OK 2.01,8.01,9.01 08/30/04 AMEND DOWNEY FINANCIAL CORP DE 5.02,9.01 08/26/04 DREW INDUSTRIES INC DE 1.01 08/24/04 DVI INC DE 8.01,9.01 08/26/04 EAGLE BROADBAND INC TX 4.01,9.01 08/23/04 AMEND EAGLE MATERIALS INC DE 1.01,9.01 08/24/04 ELECTRONIC TELE COMMUNICATIONS INC WI 8.01,9.01 08/27/04 ENERGY PRODUCERS INC NV 5.03,7.01,8.01,9.01 06/29/04 AMEND ENTERPRISE PRODUCTS PARTNERS L P DE 8.01,9.01 08/26/04 ENTRAVISION COMMUNICATIONS CORP DE 1.01,2.03,9.01 08/24/04 ENTRUST INC MD 5.02 08/30/04 EYETECH PHARMACEUTICALS INC DE 7.01 08/27/04 FAIRCHILD CORP DE 1.01 08/26/04 FASTFUNDS FINANCIAL CORP NV 1.01,9.01 08/24/04 FERRO CORP OH 7.01 08/27/04 FIELDPOINT PETROLEUM CORP CO 5.02,7.01,9.01 08/30/04 FIRST HORIZON ASSET SECURITIES INC DE 8.01,9.01 08/30/04 FIRST HORIZON ASSET SECURITIES INC DE 8.01,9.01 08/30/04 FIRST UNION NATIONAL BANK COM MORT PA NC 9.01 08/12/04 AMEND FOODARAMA SUPERMARKETS INC NJ 8.01 08/24/04 FRANKFORT TOWER INDUSTRIES INC DE 1.03,9.01 08/16/04 FRANKLIN STREET PROPERTIES CORP /MA/ 2.02,9.01 08/30/04 FRONT RANGE CAPITAL CORP DE 7.01,8.01,9.01 08/25/04 GAINSCO INC TX 1.01,3.02,3.03,9.01 08/27/04 GAMETECH INTERNATIONAL INC DE 2.02,9.01 08/30/04 GENERAL DATACOMM INDUSTRIES INC DE 8.01 08/25/04 GENSYM CORP DE 1.01,5.02,9.01 08/30/04 GILLETTE CO DE 8.01,9.01 08/23/04 GLOBAL ENTERTAINMENT CORP NV 7.01,9.01 08/26/04 GLOBAL SIGNAL INC DE 9.01 06/30/04 AMEND GMX RESOURCES INC OK 8.01 08/30/04 GRANT VENTURES INC NV 4.01,9.01 08/02/04 AMEND GREENWICH CAPITAL ACCEPTANCE INC DE 8.01,9.01 08/30/04 H&R BLOCK INC MO 2.02 08/30/04 AMEND HAROLDS STORES INC OK 2.02,9.01 07/31/04 HARRAHS ENTERTAINMENT INC DE 8.01,9.01 08/27/04 HEALTHEXTRAS INC DE 2.01,9.01 06/16/04 AMEND HOME EQUITY MORTGAGE PASS-THROUGH CER DE 8.01,9.01 08/25/04 HOME EQUITY MORTGAGE PASS-THROUGH CER DE 8.01,9.01 08/25/04 HUGHES SUPPLY INC FL 5.03,9.01 08/24/04 HUMANA INC DE 1.01,5.02 08/26/04 I CRYSTAL INC DE 5.03,8.01,9.01 08/20/04 ICO INC TX 1.01,9.01 08/30/04 IMPAC MORTGAGE HOLDINGS INC MD 8.01 08/25/04 IMPAC SECURED ASSETS CORP CA 8.01,9.01 08/27/04 INDYMAC MBS INC 8.01,9.01 08/24/04 INDYMAC MBS INC 8.01,9.01 08/12/04 INSIGNIA SYSTEMS INC/MN MN 5.02 08/24/04 INTERNAL HYDRO INTERNATIONAL INC NV 8.01 08/28/04 INTERWAVE COMMUNICATIONS INTERNATIONA 2.02,9.01 08/18/04 AMEND INTRAC INC NV 1.02 08/26/04 INYX INC NV 9.01 08/27/04 ISLAND PACIFIC INC DE 8.01 08/27/04 KELLWOOD CO DE 5.02,9.01 08/26/04 KEY GOLD CORP NV 3.02,9.01 08/26/04 KEYCORP STUDENT LOAN TRUST 2002-A OH 8.01,9.01 08/27/04 LASALLE HOTEL PROPERTIES MD 7.01,9.01 08/30/04 LB-UBS Commercial Mortgage Trust 2004 1.01 08/24/04 LEHMAN ABS CORP MORTGAGE PASS-THROUGH DE 9.01 08/25/04 LIFE ENERGY & TECHNOLOGY HOLDINGS INC DE 8.01,9.01 08/27/04 LOUDEYE CORP DE 3.01,7.01,9.01 08/30/04 LUBRIZOL CORP OH 2.03,9.01 08/24/04 LUMERA CORP 5.02 08/17/04 M WAVE INC DE 8.01,9.01 08/30/04 MAKE YOUR MOVE INC NV 5.01 08/30/04 MANUGISTICS GROUP INC DE 5.02 08/25/04 MEDICIS PHARMACEUTICAL CORP DE 8.01 08/30/04 MEDSTRETCH INC NV 1.01,2.01,3.02,5.01,9.01 08/24/04 MEMS USA INC NV 5.02 08/20/04 MERRILL LYNCH MORT INVEST INC C-BA MO DE 8.01,9.01 08/25/04 MERRILL LYNCH MORTGAGE INVESTORS INC DE 8.01,9.01 08/04/04 MERRILL LYNCH MORTGAGE INVESTORS INC DE 8.01,9.01 08/04/04 METLIFE INC DE 8.01,9.01 08/26/04 MICREL INC CA 8.01 08/30/04 MICROFIELD GROUP INC OR 1.01 08/24/04 MICROS SYSTEMS INC MD 2.02,5.03 08/26/04 MONACO GROUP INC DE 2.01,9.01 08/20/04 Morgan Stanley Capital I Trust 2004 I DE 2.01,9.01 08/24/04 MORTGAGE ASSET SECURITIZATION TRANSAC DE 8.01,9.01 08/26/04 MORTGAGE PASS-THROUGH CERTIFICATES SE DE 8.01,9.01 08/25/04 MORTGAGE PASS-THROUGH CERTIFICATES SE DE 8.01,9.01 08/25/04 MS STRUCTURED ASSET CORP CBT SERIES 2 DE 9.01 08/25/04 MTR GAMING GROUP INC DE 8.01 08/27/04 MYLAN LABORATORIES INC PA 8.01,9.01 08/30/04 N-VIRO INTERNATIONAL CORP DE 8.01,9.01 08/25/04 NAVIDEC INC CO 8.01,9.01 08/10/04 AMEND NELNET STUDENT LOAN FUNDING LLC 8.01,9.01 08/25/04 NEWFIELD EXPLORATION CO /DE/ DE 2.01,8.01,9.01 08/27/04 NEWMARKET CORP VA 5.02,5.03,9.01 08/26/04 NEWPOWER HOLDINGS INC DE 8.01,9.01 08/30/04 Nomura Asset Acc Corp ALT LN TR Ser 2 DE 8.01,9.01 08/25/04 NOVASTAR MORTGAGE FUNDING TRUST SERIE DE 8.01,9.01 08/25/04 Novastar Mortgage Funding Trust Serie DE 8.01,9.01 08/25/04 OCA, INC. / DE / DE 8.01,9.01 08/30/04 ONEIDA LTD NY 8.01,9.01 08/30/04 ORION POWER HOLDINGS INC 2.04,2.06,9.01 08/25/04 OSI SYSTEMS INC CA 2.02,9.01 08/26/04 PAINCARE HOLDINGS INC CT 2.01,9.01 08/27/04 AMEND PAINCARE HOLDINGS INC CT 2.01,9.01 08/27/04 AMEND PEGASUS COMMUNICATIONS CORP / DE 8.01 08/30/04 PENN OCTANE CORP DE 8.01,9.01 08/26/04 PERFICIENT INC DE 2.01,9.01 06/18/04 AMEND PFSWEB INC DE 1.01,2.03 08/30/04 PHOENIX GROUP CORP DE 3.02 08/30/04 PivX Solutions, Inc. NV 2.01,9.01 06/09/04 AMEND POGO PRODUCING CO DE 8.01,9.01 08/30/04 POST PROPERTIES INC GA 1.01,1.02,5.02,9.01 08/27/04 POTLATCH CORP DE 1.01 08/25/04 QUANEX CORP DE 8.01 08/27/04 QUESTAR CORP UT 8.01,9.01 08/30/04 QUICKSILVER RESOURCES INC DE 1.01,5.03,9.01 08/24/04 R F INDUSTRIES LTD NV 2.01 08/30/04 REGENCY CENTERS CORP FL 8.01,9.01 08/24/04 RETEK INC DE 1.01 08/24/04 REXHALL INDUSTRIES INC CA 3.01 08/26/04 RITA MEDICAL SYSTEMS INC DE 8.01 08/30/04 RIVERBEND TELECOM INC NV 1.01,9.01 08/05/04 ROANOKE ELECTRIC STEEL CORP VA 2.02,9.01 08/26/04 ROCK TENN CO GA 2.05,2.06,9.01 08/27/04 ROSS SYSTEMS INC/CA DE 9.01 08/27/04 ROTONICS MANUFACTURING INC/DE DE 2.02,9.01 07/14/04 SANGAMO BIOSCIENCES INC DE 8.01,9.01 08/30/04 SBS INTERACTIVE CO FL 1.01,9.01 08/05/04 SBS TECHNOLOGIES INC NM 5.04,9.01 08/30/04 SCHEIN HENRY INC DE 8.01,9.01 08/27/04 SCOTTS COMPANY OH 1.01,2.01,2.03,9.01 08/13/04 SEACOAST BANKING CORP OF FLORIDA FL 4.01,9.01 06/24/04 AMEND SEALIFE CORP DE 5.03 08/27/04 SECURITY NATIONAL FINANCIAL CORP UT 2.01,7.01 08/25/04 SED INTERNATIONAL HOLDINGS INC DE 5.02 08/27/04 SEDONA CORP PA 7.01,9.01 08/27/04 SHENANDOAH TELECOMMUNICATIONS CO/VA/ VA 8.01 08/27/04 SIBONEY CORP MD 5.02 08/26/04 SLABSDIRECT COM INC DE 4.01,9.01 06/01/04 SLM FUNDING LLC DE 1.01,2.01,9.01 08/25/04 SOUTHERN SECURITY LIFE INSURANCE CO UT 2.01,7.01 08/25/04 SPACEDEV INC CO 1.01,3.02,9.01 08/25/04 ST JOE CO FL 1.01 08/24/04 ST JOSEPH CAPITAL CORP 8.01 08/27/04 STEEL DYNAMICS INC IN 9.01 08/30/04 STRUCTURED ADJUSTABLE RATE MORTGAGE L DE 8.01,9.01 08/25/04 STRUCTURED ASSET MORT INV II INC BEAR DE 8.01,9.01 08/25/04 STRUCTURED ASSET MORT INV II INC BEAR DE 8.01,9.01 08/25/04 STRUCTURED ASSET MORT INV II INC BEAR DE 8.01,9.01 08/25/04 STRUCTURED ASSET MORT INV INC BEAR ST DE 8.01,9.01 08/25/04 STRUCTURED ASSET MORT INV INC BEAR ST DE 8.01,9.01 08/25/04 STRUCTURED ASSET MORT INV INC BEAR ST DE 8.01,9.01 08/25/04 STRUCTURED ASSET MORT INV INC BEAR ST DE 8.01,9.01 08/25/04 STRUCTURED ASSET MORT INV INC BEAR ST DE 8.01,9.01 08/25/04 STRUCTURED ASSET MORTGAGE INVESTMENTS DE 8.01,9.01 08/30/04 STRUCTURED ASSET SECURITIES CORP DE 8.01 08/30/04 STRUCTURED ASSET SECURITIES CORP DE 8.01 08/30/04 STRUCTURED ASSET SECURITIES CORP DE 8.01 08/27/04 STRUCTURED ASSET SECURITIES CORP DE 8.01 08/30/04 Structured Asset Securities Corp Mort DE 9.01 08/25/04 Structured Asset Securities Corp Mort DE 9.01 07/26/04 AMEND Structured Asset Securities Corp Mort DE 9.01 08/25/04 Structured Asset Securities CORP Mort DE 9.01 08/25/04 Structured Asset Securities Corp Mort DE 9.01 08/25/04 SYSTEMS EVOLUTION INC ID 4.01,9.01 08/20/04 SYSTEMS EVOLUTION INC ID 9.01 02/27/04 AMEND TECHNOLOGY ACQUISITION CORP NV 8.01,9.01 08/30/04 TELIK INC DE 5.02 08/26/04 TESSERA TECHNOLOGIES INC DE 7.01,9.01 08/30/04 THOMAS NELSON INC TN 8.01 08/30/04 TYSON FOODS INC DE 7.01 08/30/04 ULTRALIFE BATTERIES INC DE 7.01,9.01 08/30/04 UNITED PAN AM FINANCIAL CORP CA 3.01,9.01 08/26/04 UNITED RENTALS INC /DE DE 8.01,9.01 08/30/04 UNIVERSAL FOREST PRODUCTS INC MI 5.02 08/24/04 US AIRWAYS GROUP INC DE 5.02,9.01 08/30/04 VCG HOLDING CORP 2.01,9.01 07/27/04 AMEND VERILINK CORP DE 9.01 07/28/04 AMEND VG TECH INC NV 7.01,8.01,9.01 08/24/04 VIACOM INC DE 5.02 08/24/04 VISTACARE, INC. DE 8.01 08/11/04 WACHOVIA ASSET SEC INC ASST BACK NOTE 8.01,9.01 07/26/04 WACHOVIA ASSET SECURIT ISSUANCE LLC 2 NC 8.01,9.01 07/26/04 WACHOVIA ASSET SECURITIZATION INC 200 8.01,9.01 07/26/04 WACHOVIA ASSET SECURITIZATION INC 200 8.01,9.01 07/26/04 WACHOVIA ASSET SECURITIZATION INC AST 8.01,9.01 07/26/04 WEBMETHODS INC DE 5.02,7.01,9.01 08/26/04 WEST METRO FINANCIAL SERVICES INC 8.01,9.01 08/26/04 WHITE MOUNTAINS INSURANCE GROUP LTD D0 5.02,9.01 08/26/04 WINTON FINANCIAL CORP OH 1.01,9.01 08/25/04 WORLD WASTE TECHNOLOGIES INC CA 2.01,5.01,5.02,8.01,9.01 08/30/04