UNITED STATES SECURITIES AND EXCHANGE COMMISSION

          Securities and Exchange Commission v. John D. Attalienti and
          Barrow Street Research, Inc., Civil Action No.98-CIV 7660 (DAB)
          (Oct.27, 1998 S.D.N.Y.)

          Litigation Release No. 15957 / October 27, 1998

          SEC OBTAINS $25,000 PENALTY AND PERMANENT INJUNCTION AGAINST JOHN
          D. ATTALIENTI AND BARROW STREET RESEARCH, INC. FOR FAILING TO
          DISCLOSE ADEQUATELY PAYMENTS FROM ISSUERS FOR TOUTING STOCKS


               The Securities and Exchange Commission (SEC) announced that
          on October 27, 1998 it filed a civil action in federal district
          court against John D. Attalienti ("Attalienti") and Barrow Street
          Research, Inc. ("Barrow Street") alleging that Barrow Street, a
          newsletter advertising itself as an independent, impartial stock
          analyst, failed to disclose fully that it routinely received
          payments of cash and securities from issuers in exchange for
          touting the issuers' stocks on Barrow Street's Internet web site.
          Attalienti and Barrow Street promoted the stock of 10 different
          publicly-traded companies on Barrow Street's Internet web site
          without fully disclosing the nature, terms and amounts of
          compensation received from the advertised companies, in violation
          of Section 17(b) of the Securities Act of 1933 ("Securities
          Act"). The SEC also alleges that Attalienti and Barrow Street
          distributed the Barrow Street recommendations to a network of
          broker-dealers without full disclosure of the compensation
          received from the issuers.

               Without admitting or denying the allegations in the
          Complaint, Attalienti and Barrow Street have consented to the
          entry of Final Judgments (i) permanently enjoining them from
          violating Section 17(b) of the Securities Act and (ii) ordering
          Attalienti to pay a penalty of $25,000.

               Section 17(b) of the Securities Act makes it illegal for any
          person to distribute a publication recommending a security
          without fully disclosing the nature, terms and amounts of
          compensation received or to be received in connection with the
          distribution of the publication.

               Investors are advised to read the SEC's "Cyberspace" Alert
          before purchasing any investment promoted on the Internet.  The
          free publication, which alerts investors to the telltale signs of
          online investment fraud, is available on the Investor Assistance
          and Complaints link of the SEC's Home Page on the World Wide Web
          <www.sec.gov>.  It can also be obtained by calling 800-SEC-0330.
          Investors are encouraged to report suspicious Internet offerings
          (or other suspicious offerings) via e-mail to
          <enforcement@SEC.gov>.  A user-friendly form to assist you in
          making a report is available at the Enforcement Complaint Center
          on the Enforcement Division link of the SEC Home Page
          <www.sec.gov>.  Investors can also mail a report to the SEC
          Enforcement Complaint Center, Mail Stop 8-4, 450 Fifth Street,
          Washington, D.C. 20549.