SECURITIES AND EXCHANGE COMMISSION
                               Washington, D.C.  20549

             LITIGATION RELEASE NO. 15717  /  April 22, 1998

             ACCOUNTING AND AUDITING ENFORCEMENT
             RELEASE NO. 1026  /  April 22, 1998

             SECURITIES  AND  EXCHANGE  COMMISSION  v.  MARK T. FUKUHARA,
             ANDREW  L. O'CONNELL, AND ROBERT J. ANSELMO,  United  States
             District  Court  for  the  Middle District of Florida, Civil
             Action No. 97-1191-CIV-ORL-18A.

             The Securities and Exchange  Commission announced today that
             on April 15, 1998, the United  States District Court for the
             Middle District of Florida, Judge  G. Kendall Sharp, entered
             a Final Judgment Of Permanent Injunction  And  Other  Relief
             against  Defendant  Mark  T.  Fukuhara.   The Final Judgment
             enjoins Fukuhara from future violations of  the  anti-fraud,
             reporting,  and  record-keeping  provisions  of  the federal
             securities laws, bars Fukuhara from serving as an officer or
             director of any publicly-traded company for a period of five
             years, and requires him to pay a civil penalty in the amount
             of $ 40,000 over the course of one year.  Fukuhara consented
             to  the  Final  Judgment  without  admitting or denying  the
             Commission's allegations.

             Fukuhara, a resident of Redding, California,  is  the former
             president  and  CEO  of  Laser  Photonics, Inc., an Orlando,
             Florida based manufacturer of medical and scientific lasers.
             The Commission's Complaint alleged that Fukuhara and certain
             other officers of Laser Photonics  engaged  in  a  scheme to
             defraud the company's investors by materially inflating  its
             publicly reported revenues and profits and by falsifying its
             books and records.  More specifically, the Complaint alleged
             that Fukuhara and certain other officers ordered the booking
             of  fictitious sales, failed to reduce recorded revenues for
             sales returns and billing errors, and prematurely recognized
             future   revenues.    The  Complaint  further  alleged  that
             Fukuhara participated in  hiding  the fraudulent scheme from
             Laser Photonics' independent auditors  by  forging, altering
             and  concealing  corporate  records, and by procuring  false
             sales  confirmations and other  misleading  statements  from
             certain  customers of the company in order to circumvent the
             auditors' verification procedures.  While the scheme lasted,
             Laser Photonics  filed  with  the Commission its 1992 annual
             report on Form 10-K, two 1993 quarterly  reports on Form 10-
             Q, and a stock sale registration statement  on Form S-1, all
             of which were materially false and misleading.

             The   Final  Judgment  permanently  enjoins  Fukuhara   from
             violating  Section  17(a)  of  the  Securities  Act of 1933,
             Sections  10(b) and 13(b)(5) of the Securities Exchange  Act
             of 1934, and  Commission  Rules  10b-5,  13b2-1  and  13b2-2
             promulgated  thereunder, and further enjoins him from aiding
             and abetting violations  of  Sections 13(a), 13(b)(2)(A) and
             13(b)(2)(B)  of the Securities  Exchange  Act  of  1934  and
             Commission  Rules   12b-20,  13a-1  and  13a-13  promulgated
             thereunder.

             See Litigation Release  No.  15518;  Accounting And Auditing
             Enforcement No. 973 (September 30, 1997).