SEC NEWS DIGEST Issue 2005-06 January 10, 2005 ENFORCEMENT PROCEEDINGS IN THE MATTER OF SCIENTIFIC SOFTWARE-INTERCOMP On January 7, the Commission issued an Order Instituting Administrative Proceedings Pursuant to Rule 102(e) of the Commission’s Rules of Practice, Making Findings, and Imposing Remedial Sanctions (Order) against Ronald J. Hottovy (Hottovy). The Order finds that: A. Hottovy was, during the relevant period, the Chief Financial Officer of Scientific Software-Intercomp (SSI). Hottovy is a Certified Public Accountant in the State of Colorado. B. On July 30, 1998, the Commission filed a complaint against Hottovy in the United States District Court for the District of Colorado, entitled SEC v. Ronald J. Hottovy et al., (Civil Action No. 98-CV-2091). On January 10, 2003, after a federal jury found Hottovy liable on all counts, the court entered its Final Judgment against Hottovy which, among other things, permanently enjoined Hottovy from future violations of Sections 17(a)(1) and (3) of the Securities Act of 1933 and Sections 10(b) and 13(b)(5) of the Securities Exchange Act of 1934, and Rules 10b- 5, 13b2-1 and 13b2-2 thereunder. The court also prohibited Hottovy, for a period of two years, from acting as an officer or director of any issuer registered with the Commission. C. The Commission’s complaint alleged, among other things, that beginning in at least 1992, and continuing until at least 1995, Hottovy caused SSI to materially overstate its revenue and earnings by backdating or misdating contracts, booking revenue without contracts, overaccruing project revenues and providing confidential side letters modifying payment obligations. The complaint also alleged that Hottovy made or caused the making of materially false and misleading accounting entries in SSI’s books and records and providing false information to the company’s independent auditors in connection with audits of SSI’s financial statements. Based on the above, the Order suspended Hottovy from appearing or practicing before the Commission as an accountant, with the right to apply for reinstatement after five years from the date of the Order. Hottovy consented to the entry of the Order without admitting or denying any of the findings therein, except as otherwise noted in the Order. The settlement resolved all outstanding matters related to the SSI investigation. (Rel. 34-50995; AAE Rel. 2163; File No. 3-11792) SOUTHWEST SECURITIES TO PAY $10 MILLION TO SETTLE SUPERVISION CHARGES RELATING TO FRAUDULENT MARKET TIMING AND LATE TRADING BY SOUTHWEST REGISTERED REPRESENTATIVES On January 10, the Commission instituted and settled enforcement proceedings against Southwest Securities, Inc., a Dallas, Texas, based broker-dealer and investment adviser, and three of its managers. According to the SEC, Southwest and the managers failed reasonably to supervise registered representatives in Southwest’s downtown Dallas branch office who engaged in fraudulent mutual fund market timing schemes, late trading of mutual fund shares, or both. The SEC also announced that it filed a civil action in U.S. district court in Dallas today, against two Southwest registered representatives, for allegedly engaging in a fraudulent market timing scheme. In that action, the SEC seeks injunctions, disgorgement of illicit profits, and civil money penalties, based on allegations that the two registered representatives committed securities fraud. In settlement of the SEC and NYSE actions, Southwest has agreed to pay a total of $10 million, consisting of $2 million in disgorgement and an $8 million civil money penalty, and to undertake a number of measures to prevent future misconduct. The managers have agreed to settlements that include payments of disgorgement and civil money penalties totaling $275,000, as well as 12-month suspensions from association with a broker- dealer or investment adviser in any supervisory capacity. As part of the settlement, the firm and the managers neither admitted nor denied the SEC and NYSE findings. (Rels.34-51002; IA-2341; IC-26721; File No. 3-11793; LR-19027) [SEC v. Scott Gann and George Fasciano, Civil Action No. 3:05-CV-063-L, USDC NDTX.] SEC BRINGS FRAUD CHARGES AGAINST FORMER CBS MARKETWATCH COLUMNIST THOM CALANDRA FOR ILLEGAL TRADING SCHEME On January 10, the Commission brought and settled civil fraud charges against Thom Calandra, a former columnist for the Internet website CBS MarketWatch.com. The Commission alleges that Calandra profited by secretly selling stocks shortly after his investment newsletter’s positive recommendations of the stocks caused their prices to rise. In settling the matter, Calandra, who lives in Sausalito, California, will pay over $540,000 in disgorgement and penalties. According to the Commission’s complaint, filed in the Northern District of California, Calandra made over $400,000 in illegal profits through a practice known as “scalping”—buying shares of thinly-traded, small-cap companies, writing highly favorable newsletter profiles recommending the companies to his newsletter subscribers, and then selling the majority of his shares when the increased demand generated by his favorable columns drove up the stock price. From March to December 2003, Calandra followed this “Buy-Write-Sell” pattern for 23 different stocks that he covered in The Calandra Report, without disclosing his actions to his readers. In addition, the Commission alleged that Calandra failed to tell his readers that he had received compensation from a stock promoter affiliated with two mining companies that Calandra profiled in The Calandra Report. The compensation took the form of heavily-discounted shares in the two companies—shares which Calandra later sold at a substantial profit after the stock prices rose following his favorable newsletter write-ups. Calandra, without admitting or denying the allegations in the Commission’s complaint, has agreed to a permanent injunction from further violations of the antifraud provisions of the federal securities laws (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), and from further violations of Section 17(b) of the Securities Act of 1933, which prohibits the non-disclosure of compensation received for providing publicity about a security. Calandra also will disgorge $416,109.58 in illegal trading profits and prejudgment interest and will pay a civil penalty of $125,000. [SEC v. Thom Calandra, Case No. C05 00135 JCS, N.D. Cal. Filed Jan. 10, 2005] (LR-19028) HOLDING COMPANY ACT RELEASES TRANSAMERICA VARIABLE INSURANCE FUND, INC An order has been issued on an application by Transamerica Variable Insurance Fund, Inc. under Section 8(f) of the Investment Company Act declaring that it has ceased to be an investment company as defined by the Act. (Rel. IC-26720 - January 7) SELF REGULATORY ORGANIZATIONS IMMEDIATE EFFECTIVENESS OF PROPOSED RULE CHANGES A proposed rule change (SR-ISE-2004-38) filed by the International Securities Exchange relating to the ISE’s Schedule of Fees 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 January 10. (Rel. 34-50981) The Chicago Board Options Exchange filed with the Securities and Exchange Commission a notice of filing and immediate effectiveness of a proposed rule change pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (SR-CBOE-2004-90) to delay the operative period of recently-approved CBOE Rule 6.45A(c)(iii) until no later than January 31. Publication of the notice is expected in the Federal Register during the week of January 10. (Rel. 34-50994) ACCELERATED APPROVAL OF PROPOSED RULE CHANGES The Commission granted accelerated approval to a proposed rule change submitted under Section 19(b)(1) of the Securities Exchange Act of 1934 by the Philadelphia Stock Exchange (SR-Phlx-2003-40) relating to the implementation of its Floor Broker Management System. (Rel. 34-50997) The Commission granted accelerated approval to a proposed rule change submitted under Section 19(b)(1) of the Securities Exchange Act of 1934 by the Pacific Exchange (SR-PCX-2004-122) relating to the implementation of a new order audit trail system. (Rel. 34-50998) The Commission granted accelerated approval to a proposed rule change and Amendment No. 1 thereto submitted under Section 19(b)(1) of the Securities Exchange Act of 1934 by the American Stock Exchange (SR-Amex- 2003-90) amending Exchange Rule 153 to create an electronic order audit trail. (Rel. 34-50999) APPROVAL OF PROPOSED RULE CHANGE The Commission granted approval to a proposed rule change submitted under Section 19(b)(1) of the Securities Exchange Act of 1934 by the Chicago Board Options Exchange (SR-CBOE-2004-77) relating to the implementation of a consolidated options audit trail system. (Rel. 34- 50996) WITHDRAWAL A notice has been issued giving interested persons until Feb. 3, 2005, to comment on the application of Premier Farnell plc to withdraw its ordinary shares (5 pence each), its $1.35 and 89.2 p cumulative convertible redeemable preference shares(L1 each), and the American Depositary Shares representing the ordinary shares and preference shares, from listing and registration on the New York Stock Exchange. (Rel 34-51001) 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 NIKU CORP, 305 MAIN ST, REDWOOD CITY, CA, 94063, 6502984600 - 748,600 ($14,762,392.00) Equity, (File 333-121890 - Jan. 7) (BR. 03) SB-2 GREENWORKS CORP, 111 HOWARD STREET, SUITE 108, MT. ARLINGTON, NJ, 07856, 9733988183 - 4,515,000 ($6,772,500.00) Equity, (File 333-121892 - Jan. 7) (BR. 09) S-8 GREENWORKS CORP, 111 HOWARD STREET, SUITE 108, MT. ARLINGTON, NJ, 07856, 9733988183 - 2,000,000 ($3,000,000.00) Equity, (File 333-121893 - Jan. 7) (BR. 09) F-10 GLAMIS GOLD LTD, 5190 NEIL ROAD, SUITE 310, RENO, NV, 89502, 7758274600 - 0 ($2,856,644,848.00) Equity, (File 333-121894 - Jan. 7) (BR. 04) S-3 American Express Receivables Financing CORP VI LLC, 4315 SOUTH 2700 WEST, SALT LAKE CITY, UT, 84184, 801 945 3000 - 0 ($1,000,000.00) Asset-Backed Securities, (File 333-121895 - Jan. 7) (BR. 05) S-8 FULTON FINANCIAL CORP, ONE PENN SQ, PO BOX 4887, LANCASTER, PA, 17604, 7172912411 - 0 ($7,109,365.00) Equity, (File 333-121896 - Jan. 7) (BR. 07) S-8 DIVERSIFIED FINANCIAL RESOURCES CORP, SANDRA JORGENSEN, 1771 WOLVISON WAY, SAN DIEGO, CA, 92154, 6195757904 - 0 ($1,000,000.00) Equity, (File 333-121897 - Jan. 7) (BR. 07) S-8 INFORM WORLDWIDE HOLDINGS INC, 103333 E DRY CREEK ROAD, SUITE 270, ENGLEWOOD, CO, 80112, 7192271903 - 233,000,000 ($450.00) Equity, (File 333-121898 - Jan. 7) (BR. 09) S-8 ROBBINS & MYERS INC, 1400 KETTERING TWR, DAYTON, OH, 45423, 9372222610 - 1,200,000 ($28,080,000.00) Equity, (File 333-121899 - Jan. 7) (BR. 36) S-11 HOMEBANC CORP, 0 ($97,000,000.00) Equity, (File 333-121900 - Jan. 7) (BR. 08) S-8 METALINK LTD, YAKUM BUSINESS PARK, YAKUM ISRAEL, L3, 60972, 97299605388 - 1,300,000 ($7,826,000.00) Equity, (File 333-121901 - Jan. 7) (BR. 36) S-8 PRIMAL SOLUTIONS INC, 18881 VON KARMAN, SUITE 450, IRVINE, CA, 92612, 9492218550 - 0 ($1,635,322.00) Equity, (File 333-121902 - Jan. 7) (BR. 03) S-3 AQUACELL TECHNOLOGIES INC, 10410 TRADEMARK ST, RANCHO CUCAMONGA, CA, 91730, 9099870456 - 3,900,509 ($4,950,830.65) Equity, (File 333-121903 - Jan. 7) (BR. 06) S-3 CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP, 11 MADISON AVENUE, NEW YORK, NY, 10010, 2123252000 - 0 ($1,000,000.00) Mortgage Backed Securities, (File 333-121904 - Jan. 7) (BR. 05) S-8 COMMUNITY BANKS OF GEORGIA INC, 15 MOUNTAINSIDE DRIVE, `, JASPER, GA, 30143, 706 253 9600 - 75,000 ($1,048,500.00) Equity, (File 333-121905 - Jan. 7) (BR. 07) S-3 KAYDON CORP, 315 E. EISENHOWER PARKWAY, SUITE 300, ANN ARBOR, MI, 48108, 7347477025 - 0 ($400,000,000.00) Other, (File 333-121906 - Jan. 7) (BR. 06) S-8 HCC INSURANCE HOLDINGS INC/DE/, 13403 NORTHWEST FRWY, HOUSTON, TX, 77040-6094, 7136907300 - 5,000,000 ($164,000,000.00) Equity, (File 333-121907 - Jan. 7) (BR. 01) S-8 NABORS INDUSTRIES LTD, 2ND FLOOR INT'L TRADING CENTER, WARRENS, P.O. BOX 905E, ST. MICHAEL BARBADOS, D0, 0000, 2464219471 - 3,500,000 ($170,030,000.00) Equity, (File 333-121908 - Jan. 7) (BR. 04) S-3 FIVE STAR QUALITY CARE INC, 617 796 8387 - 0 ($300,000,000.00) Unallocated (Universal) Shelf, (File 333-121910 - Jan. 7) (BR. 37) S-8 VYYO INC, 4015 MIRANDA AVENUE, FIRST FLOOR, PALO ALTO, CA, 94304, 6503194000 - 0 ($6,466,827.71) Equity, (File 333-121911 - Jan. 7) (BR. 37) S-3 IMAGE ENTERTAINMENT INC, 20525 NORDHOFF STREET, SUITE 200, CHATSWORTH, CA, 91311, 8184079100 - 0 ($21,396,472.00) Equity, (File 333-121912 - Jan. 7) (BR. 05) S-2 CONSUMER PORTFOLIO SERVICES INC, 16355 LAGUNA CANYON, IRVINE, CA, 92618, 9497536800 - 100,000,000 ($100,000,000.00) Non-Convertible Debt, (File 333-121913 - Jan. 7) (BR. 07) S-3 MORGAN STANLEY ABS CAPITAL I INC, 1585 BROADWAY 2ND FL, NEW YORK, NY, 10036, 2127614000 - 1,000,000 ($1,000,000.00) Asset-Backed Securities, (File 333-121914 - Jan. 7) (BR. 05) S-2 CAMBRIDGE HEART INC, ONE OAK PARK DR, BEDFORD, MA, 01730, 7812711200 - 20,120,000 ($12,675,600.00) Equity, (File 333-121915 - Jan. 7) (BR. 36) S-8 USURF AMERICA INC, 2259227744 - 20,000,000 ($1,600,000.00) Equity, (File 333-121916 - Jan. 7) (BR. 03) SB-2 LMIC INC, 135 WEST 50TH STREET, SUITE 1700, NEW YORK, NY, 10020, 9156821761 - 0 ($28,512,165.00) Equity, (File 333-121917 - Jan. 7) (BR. 36) 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 5 G WIRELESS COMMUNICATIONS INC NV 1.01,9.01 12/31/04 ABCI HOLDINGS INC DE 8.01 01/04/05 ADSTAR INC DE 8.01 01/07/05 AEGIS COMMUNICATIONS GROUP INC DE 1.01 01/03/05 AGL RESOURCES INC GA 1.01,9.01 01/03/05 ALASKA AIR GROUP INC DE 1.01 01/07/05 ALCAN INC A6 1.01,5.02,5.03,8.01,9.01 01/06/05 ALLEGHENY ENERGY INC MD 8.01,9.01 01/07/05 ALLEGHENY ENERGY SUPPLY CO LLC 8.01,9.01 01/07/05 AMERICA ONLINE LATIN AMERICA INC DE 1.01,9.01 01/03/05 AMERICAN ACCESS TECHNOLOGIES INC FL 8.01,9.01 01/04/05 AMERICAN EAGLE OUTFITTERS INC DE 7.01,8.01,9.01 01/05/05 AMERICAN INTERNATIONAL PETROLEUM CORP NV 2.01,9.01 01/06/05 AMERICAN STATES WATER CO CA 1.01,9.01 01/03/05 Ames True Temper, Inc. DE 2.02,7.01 01/07/05 AMICAS, Inc. DE 2.01,8.01,9.01 01/03/05 AMR CORP DE 7.01 01/07/05 ANADARKO PETROLEUM CORP DE 7.01,9.01 01/07/05 APOGEE ENTERPRISES INC MN 1.01,9.01 01/05/05 APPLEBEES INTERNATIONAL INC DE 1.01,9.01 01/07/05 ARBITRON INC DE 1.01,9.01 12/27/04 AMEND ARROW MAGNOLIA INTERNATIONAL INC TX 2.01,3.01 01/07/05 ASCENDANT SOLUTIONS INC DE 1.01,2.01,2.03,9.01 12/31/04 ASTEA INTERNATIONAL INC DE 5.02,9.01 01/05/05 ASTRATA GROUP INC NV 5.02 01/03/05 ATA HOLDINGS CORP IN 8.01,9.01 01/06/05 ATHEROGENICS INC GA 3.02,8.01,9.01 01/06/05 AUXILIO INC NV 5.02,9.01 01/03/05 BACK YARD BURGERS INC DE 1.01,1.02,5.02,7.01 01/07/05 Banc of America Commercial Mortgage I DE 8.01,9.01 01/06/05 BANK OF AMERICA CORP /DE/ DE 8.01 12/30/04 Battle Mountain Gold Exploration Corp 1.01,2.01,3.02,4.01,5.02,9.01 10/20/04 BEARD CO /OK OK 7.01,9.01 01/06/05 BENCHMARK ELECTRONICS INC TX 2.02,9.01 01/06/05 BERKSHIRE HATHAWAY INC DE 8.01 01/06/05 BEST BUY CO INC MN 2.02,9.01 01/06/05 BIMINI MORTGAGE MANAGEMENT INC MD 7.01,9.01 01/07/05 BIOPHAN TECHNOLOGIES INC NV 7.01 01/07/05 BIOPHAN TECHNOLOGIES INC NV 7.01 01/07/05 BJ SERVICES CO DE 8.01 01/07/05 BOSTON BEER CO INC MA 7.01,9.01 01/06/04 BRAINTECH INC NV 3.02 12/21/04 BRITTON & KOONTZ CAPITAL CORP MS 8.01 12/31/04 BROOKFIELD HOMES CORP DE 2.02,9.01 01/05/05 BROOKSTONE INC DE 2.02,9.01 01/05/05 BUCA INC /MN MN 2.02,2.06,9.01 01/06/05 BUILD A BEAR WORKSHOP INC DE 2.02,9.01 01/05/04 BURLINGTON COAT FACTORY WAREHOUSE COR DE 2.02 11/27/04 CADENCE DESIGN SYSTEMS INC DE 1.01,1.02,9.01 01/03/05 CALAVO GROWERS INC CA 2.02,9.01 01/06/05 CAMPBELL SOUP CO NJ 1.01 01/07/05 CANTEL MEDICAL CORP DE 1.01,5.02,9.01 01/03/05 CAPITAL LEASE FUNDING INC 9.01 01/07/05 AMEND CARRIER ACCESS CORP DE 2.02,9.01 01/06/05 CASCADE MOUNTAIN MINING CO INC NV 8.01,9.01 01/06/05 Cellu Tissue Holdings, Inc. DE 2.02,9.01 01/07/05 CENTENNIAL COMMUNICATIONS CORP /DE DE 2.02,9.01 01/07/05 CENTRUE FINANCIAL CORP DE 1.01,1.02,8.01,9.01 01/06/05 CERNER CORP /MO/ DE 2.01,2.03,9.01 01/03/05 CHARLES & COLVARD LTD NC 1.01,9.01 01/06/05 CHICAGO BRIDGE & IRON CO N V 8.01,9.01 01/06/04 CHITTENDEN CORP /VT/ VT 5.02,9.01 01/07/05 CIMBIX CORP WA 8.01 01/06/05 CIT GROUP INC DE 8.01,9.01 01/04/05 CITIZENS COMMUNITY BANCORP 1.01,3.02,9.01 01/06/05 CNH CAPITAL RECEIVABLES INC DE 8.01,9.01 12/31/04 CNH CAPITAL RECEIVABLES INC DE 8.01,9.01 12/31/04 CNH CAPITAL RECEIVABLES INC DE 8.01,9.01 12/31/04 CNH CAPITAL RECEIVABLES INC DE 8.01,9.01 12/31/04 CNH CAPITAL RECEIVABLES INC DE 8.01,9.01 12/31/04 CNH CAPITAL RECEIVABLES INC DE 8.01,9.01 12/31/04 CNH CAPITAL RECEIVABLES INC DE 8.01,9.01 12/31/04 CNH WHOLESALE RECEIVABLES INC DE 8.01,9.01 12/31/04 COINMACH SERVICE CORP DE 3.02 01/07/05 COMMUNITY HEALTH SYSTEMS INC DE 1.01,9.01 01/05/05 COMPUWARE CORP MI 5.02 01/06/05 CONCENTRA OPERATING CORP NV 7.01,9.01 01/06/05 CONCURRENT COMPUTER CORP/DE DE 5.02,9.01 01/07/05 CONTINENTAL BEVERAGE & NUTRITION, INC NY 4.01,7.01 12/31/04 COOPER COMPANIES INC DE 1.01,2.01,2.03,5.02,7.01,9.01 01/06/05 COORS ADOLPH CO CO 2.02,9.01 01/07/05 COTT CORP /CN/ 1.02 01/03/05 CRDENTIA CORP DE 5.03,9.01 01/06/05 CREDIT SUISSE FIRST BOSTON MORTGAGE S DE 8.01,9.01 01/07/05 CRIIMI MAE INC MD 1.01,9.01 01/07/05 CRYSTALIX GROUP INTERNATIONAL INC NV 5.02 01/03/05 CSFB COMMERCIAL MORT PASS THR CERTS S DE 8.01,9.01 12/28/04 CSFB MORTGAGE-BACKED PASS-THROUGH CER DE 8.01,9.01 12/27/04 CSFB MORTGAGE-BACKED PASS-THROUGH CER DE 8.01,9.01 12/27/04 CSFB MORTGAGE-BACKED PASS-THROUGH CER DE 8.01,9.01 12/27/04 CWABS Revolving Home Equity Loan Trus DE 8.01,9.01 01/07/05 CWABS Revolving Home Equity Loan Trus DE 8.01 01/07/05 DAIMLERCHRYSLER SERVICES NORTH AMERIC MI 8.01,9.01 01/07/05 DAN RIVER INC /GA/ GA 8.01,9.01 01/04/05 DAVEL COMMUNICATIONS INC IL 4.01,9.01 01/03/05 DEAN FOODS CO/ DE 1.01,5.02,9.01 01/03/05 DELTA & PINE LAND CO DE 1.01 01/07/05 DEPOMED INC CA 1.01,8.01,9.01 01/06/05 DIGITAL FUSION INC/NJ/ DE 1.01,2.01,3.02,7.01,9.01 01/03/05 DIVERSIFIED CORPORATE RESOURCES INC TX 3.01 12/22/04 DIVIDEND CAPITAL TRUST INC MD 2.01,9.01 01/05/05 DORAL FINANCIAL CORP PR 7.01,9.01 01/07/05 DUKE REALTY CORP IN 5.02 01/03/05 E LOAN INC DE 1.01,2.03,9.01 01/04/05 E MED FUTURE INC NV 5.02 01/03/05 EASTERN AMERICAN NATURAL GAS TRUST DE 9.01 01/07/05 EDAC TECHNOLOGIES CORP WI 1.01,2.03,9.01 01/03/05 EFC BANCORP INC DE 8.01,9.01 01/07/05 ELECTROGLAS INC DE 2.01,9.01 01/06/05 ELEMENT 21 GOLF CO DE 7.01,9.01 01/07/05 Emrise CORP DE 1.01,3.02,9.01 12/29/04 AMEND Emrise CORP DE 8.01 01/05/05 AMEND ENDURANCE SPECIALTY HOLDINGS LTD 8.01,9.01 01/06/05 ENERGY EAST CORP NY 5.02,9.01 01/07/05 ENTRADA NETWORKS INC DE 1.01,2.03,9.01 12/22/04 Epic Bancorp 8.01 01/03/05 ESTERLINE TECHNOLOGIES CORP DE 5.02 12/09/04 EVERGREEN HOLDINGS INC OR 1.01,2.03 12/30/04 EXCEL TECHNOLOGY INC DE 1.01,5.02 12/31/04 EXELIXIS INC DE 8.01 01/04/05 EYETECH PHARMACEUTICALS INC DE 1.01 01/03/05 FAIRCHILD SEMICONDUCTOR INTERNATIONAL DE 8.01 01/06/05 FARMERS CAPITAL BANK CORP KY 8.01,9.01 01/07/05 FERRELLGAS PARTNERS L P DE 5.02 01/07/05 FINISH LINE INC /IN/ IN 7.01,9.01 01/07/05 FISHER COMMUNICATIONS INC WA 5.02,9.01 01/06/05 FIVE STAR QUALITY CARE INC 8.01 12/13/04 FIVE STAR QUALITY CARE INC 9.01 11/18/04 AMEND FLUOR CORP DE 5.02 01/04/05 GAMETECH INTERNATIONAL INC DE 2.06 01/07/05 GAP INC DE 1.01,1.02,9.01 01/06/05 GENERAL NUTRITION CENTERS INC PA 8.01,9.01 01/06/05 GENERAL NUTRITION CENTERS INC PA 1.01,8.01,9.01 12/14/04 GLATFELTER P H CO PA 1.01 12/15/04 GLOBAL LINKS CORP NV 2.02,9.01 12/24/04 GLOBALSANTAFE CORP 7.01,9.01 01/07/05 GLOWPOINT INC DE 1.01,9.01 01/06/05 GNC CORP DE 8.01,9.01 01/06/05 GNC CORP DE 1.01,8.01,9.01 12/14/04 GOLDEN ENTERPRISES INC DE 2.02,9.01 01/06/05 GOODYS FAMILY CLOTHING INC /TN TN 5.02,9.01 01/03/05 GoRemote Internet Communications, Inc DE 5.02,8.01 01/04/05 GREAT ATLANTIC & PACIFIC TEA CO INC MD 7.01,9.01 01/07/05 GREENWORKS CORP DE 5.02 01/03/05 GS FINANCIAL CORP LA 1.01,1.02,5.02,9.01 01/07/05 GS MORTGAGE SECURITIES CORP DE 8.01 01/05/05 HARTFORD LIFE INSURANCE CO CT 9.01 01/06/05 HENRY JACK & ASSOCIATES INC DE 8.01,9.01 01/05/05 HOLLYWOOD ENTERTAINMENT CORP OR 3.01,8.01,9.01 01/03/05 HOLLYWOOD MEDIA CORP FL 3.02 10/06/04 Home Loan Mortgage Loan Trust 2004-2 DE 9.01 12/06/04 HUB GROUP INC DE 1.01 01/01/05 I SECTOR CORP DE 2.02,9.01 01/07/05 IA GLOBAL INC DE 1.01,9.01 12/31/04 IMMUCOR INC GA 2.02 01/07/05 IMMUNOGEN INC MA 5.02,9.01 01/05/05 INCENTRA SOLUTIONS, INC. NV 4.01,9.01 01/06/05 AMEND INDIGINET INC/FL FL 2.02,8.01,9.01 12/06/04 INDIGINET INC/FL FL 2.02,8.01,9.01 12/06/04 AMEND INDUS INTERNATIONAL INC DE 5.02,9.01 01/03/05 INDUSTRIAL MINERALS INC DE 3.02,8.01 12/30/04 INDYMAC MBS INC 8.01,9.01 01/05/05 INFINITY PROPERTY & CASUALTY CORP OH 8.01,9.01 01/07/05 INFORM WORLDWIDE HOLDINGS INC CO 3.02,3.03,5.01,5.02,5.03 01/04/05 INFORMATICA CORP DE 1.01 01/04/05 INHIBITEX INC 8.01,9.01 01/07/05 INNSUITES HOSPITALITY TRUST OH 1.01,4.02,5.02,8.01,9.01 01/03/05 INSTEEL INDUSTRIES INC NC 1.01,2.03,9.01 01/07/05 INTEGRATED BUSINESS SYSTEMS & SERVICE SC 1.01,3.02 01/01/05 INTEGRATED ELECTRICAL SERVICES INC DE 5.02,9.01 01/06/05 INTEGRATED ENVIRONMENTAL TECHNOLOGIES DE 3.02,8.01,9.01 11/18/04 INTERNATIONAL SHIPHOLDING CORP DE 1.01,3.03,5.03,9.01 01/06/05 Interstar Millennium Series 2003-3G 8.01,9.01 01/07/05 INTRAC INC NV 9.01 12/06/04 AMEND ISCO INTERNATIONAL INC DE 8.01,9.01 01/06/05 J C PENNEY CO INC DE 5.02,9.01 01/04/05 J P MORGAN CHASE & CO DE 7.01,9.01 01/07/05 JACLYN INC DE 3.02,9.01 01/05/05 JAMDAT MOBILE INC 1.01,2.01,9.01 01/05/05 KIRLIN HOLDING CORP DE 3.01,9.01 01/04/04 KIWA BIO-TECH PRODUCTS GROUP CORP DE 1.01,2.03 01/04/05 LABOR READY INC WA 1.01,9.01 01/01/05 LAIDLAW INTERNATIONAL INC DE 2.02,9.01 01/06/05 LAM PHARMACEUTICAL CORP DE 5.02 01/04/05 LANBO FINANCIAL GROUP, INC. NV 5.03,9.01 01/06/05 LASALLE HOTEL PROPERTIES MD 2.01,2.02,7.01,9.01 01/06/05 LESCO INC/OH OH 2.02,9.01 01/07/05 LEXICON GENETICS INC/TX DE 2.02 01/07/05 LIBERATE TECHNOLOGIES DE 1.01 01/05/05 LIGHTING SCIENCE GROUP CORP DE 3.02 11/19/04 LIGHTING SCIENCE GROUP CORP DE 8.01 01/06/05 LIGHTPATH TECHNOLOGIES INC DE 2.02 01/07/05 LONGS DRUG STORES CORP MD 7.01 01/07/05 LORAL SPACE & COMMUNICATIONS LTD D0 7.01 01/06/05 M&T BANK CORP NY 5.02,9.01 01/03/05 MACC PRIVATE EQUITIES INC DE 8.01,9.01 01/07/05 MAJESCO HOLDINGS INC DE 8.01,9.01 01/07/05 MARKLAND TECHNOLOGIES INC FL 1.01,3.02,3.03,5.02,9.01 12/30/04 MARKLAND TECHNOLOGIES INC FL 5.02,9.01 12/30/04 AMEND MASTEC INC FL 1.01,5.02,9.01 01/03/05 MAY DEPARTMENT STORES CO DE 8.01 01/07/05 MAYORS JEWELERS INC/DE DE 2.02,8.01,9.01 01/07/04 MCCORMICK & CO INC MD 1.01,9.01 01/07/05 MCDERMOTT INTERNATIONAL INC R1 1.01,1.02,9.01 12/31/04 MDC HOLDINGS INC DE 2.02,7.01,9.01 01/06/05 MEDIA SERVICES GROUP INC NV 1.01,2.01,9.01 01/04/05 MEDICAL MAKEOVER CORP OF AMERICA DE 4.01,9.01 12/23/04 MERRILL LYNCH INVESTORS TRUST SERIES DE 8.01,9.01 12/27/04 MERRILL LYNCH MORTGAGE INVESTORS INC DE 8.01,9.01 01/07/05 MERRILL LYNCH MORTGAGE INVESTORS TRUS DE 8.01,9.01 12/27/04 MERRILL LYNCH MORTGAGE INVESTORS TRUS DE 8.01,9.01 12/27/04 Merrill Lynch Mortgage Investors Trus DE 8.01,9.01 12/27/04 MICRO LABORATORIES INC NV 5.03,9.01 07/30/04 MICROS SYSTEMS INC MD 8.01 01/06/05 MID AMERICA APARTMENT COMMUNITIES INC TN 1.01,3.03,5.03,8.01,9.01 01/07/05 MIDWEST AIR GROUP INC WI 8.01,9.01 01/05/05 MONONGAHELA POWER CO /OH/ OH 8.01,9.01 01/07/05 MORGAN STANLEY ABS CAPITAL I INC DE 8.01,9.01 01/05/05 Morgan Stanley ABS Capital I Inc. Tru DE 8.01,9.01 11/30/04 AMEND MORGAN STANLEY DEAN WITTER CAP I MRT DE 8.01,9.01 12/01/04 MORGAN STANLEY DEAN WITTER CAPITAL I DE 8.01,9.01 10/29/04 MORGAN STANLEY DEAN WITTER CAPITAL I DE 8.01,9.01 12/01/04 MORGAN STANLEY DEAN WITTER CAPITAL I DE 8.01,9.01 12/01/04 MortgageIT Holdings, Inc. MD 7.01,9.01 01/07/05 MOTHERS WORK INC DE 2.02,9.01 01/06/05 MSC INDUSTRIAL DIRECT CO INC NY 1.01 01/04/05 MULTI FINELINE ELECTRONIX INC 5.02,9.01 01/03/05 MYSTIC FINANCIAL INC DE 2.01,5.01,9.01 01/07/05 NAPSTER INC DE 2.02,9.01 01/03/05 NATIONAL BEEF PACKING CO LLC DE 8.01 01/06/05 NATURAL GAS SERVICES GROUP INC 2.01,3.02,9.01 01/03/05 NATURAL GAS SERVICES GROUP INC 2.03,9.01 01/03/05 NAVISTAR FINANCIAL CORP DE 8.01 01/07/05 NAVISTAR INTERNATIONAL CORP DE 8.01,9.01 01/07/05 NDCHEALTH CORP DE 8.01 01/07/05 NELNET STUDENT LOAN FUNDING LLC 8.01,9.01 12/31/04 NEOGEN CORP MI 2.02,9.01 01/06/05 NEW CENTURY FINANCIAL CORP MD 1.01,9.01 12/30/04 NEW PLAN EXCEL REALTY TRUST INC MD 1.02,8.01,9.01 11/02/04 NEW YORK REGIONAL RAIL CORP DE 5.02 01/07/05 NEXIA HOLDINGS INC NV 3.02,9.01 01/05/05 Nissan Auto Receivables 2005-A Owner 1.01,9.01 01/05/05 NORFOLK SOUTHERN CORP VA 1.01 01/06/05 NORTEL NETWORKS CORP 2.02,8.01,9.01 01/06/04 NORTEL NETWORKS LTD 2.02,8.01,9.01 01/06/05 Novelis Inc. A6 1.01,5.03,8.01,9.01 01/06/05 NOVOSTE CORP /FL/ FL 8.01,9.01 12/16/04 NUTRA PHARMA CORP CA 1.01,9.01 12/31/04 O A K FINANCIAL CORP MI 7.01,9.01 01/07/05 ODYSSEY HEALTHCARE INC DE 5.02 01/03/05 ODYSSEY MARINE EXPLORATION INC NV 2.02 01/07/05 OPTION ONE MORTGAGE ACCEPTANCE CORP DE 8.01,9.01 01/07/05 ORBIT E COMMERCE INC NV 2.01,3.02,5.01,9.01 01/03/05 OSCIENT PHARMACEUTICALS CORP MA 1.01,9.01 01/01/05 AMEND OVERHILL FARMS INC NV 3.01 01/06/05 OVERLAND STORAGE INC CA 2.02,9.01 01/06/05 AMEND PACE MEDICAL INC MA 1.01,3.02,5.02,9.01 01/03/05 PAM TRANSPORTATION SERVICES INC DE 5.02 01/03/05 PARALLEL PETROLEUM CORP DE 1.01,9.01 01/04/05 PARAMCO FINANCIAL GROUP INC NV 3.02 01/05/05 PARKWAY PROPERTIES INC MD 1.01,9.01 01/05/05 PATHFINDER BANCORP INC DE 8.01 12/31/04 PAXSON COMMUNICATIONS CORP DE 1.01,9.01 01/01/05 PEABODY ENERGY CORP DE 1.01,9.01 01/03/05 PEGASYSTEMS INC MA 1.02,2.02,5.02,9.01 01/03/05 PEP BOYS MANNY MOE & JACK PA 5.02 01/07/05 PIERRE FOODS INC NC 9.01 01/07/05 PINNACLE AIRLINES CORP DE 1.01,5.02,9.01 01/04/05 PIZZA INN INC /MO/ MO 5.02,7.01,9.01 01/04/05 PLANAR SYSTEMS INC OR 1.01,9.01 01/03/05 POLAROID HOLDING CO DE 1.01 01/03/05 POZEN INC /NC 1.01,9.01 01/03/05 PRACTICEXPERT INC NV 2.01,9.01 01/03/05 PREMIER ALLIANCE GROUP, INC. NV 9.01 11/05/04 AMEND PROGINET CORP DE 1.01,3.02,9.01 01/03/05 PROVIDENT BANCORP INC/NY/ DE 3.01,9.01 01/04/05 PROVO INTERNATIONAL INC DE 1.01,2.05,2.06,9.01 07/14/04 PTS INC/NV/ NV 2.01 12/24/04 PULTE HOMES INC/MI/ MI 8.01 01/07/05 QUINTILES TRANSNATIONAL CORP NC 2.05,2.06 01/07/05 R F INDUSTRIES LTD NV 2.02 10/31/04 RALCORP HOLDINGS INC /MO MO 1.01,9.01 01/02/05 REGIS CORP MN 2.02,9.01 01/07/05 RENAISSANCE HOME EQUITY LOAN TRUST 20 DE 8.01,9.01 01/07/05 RITA MEDICAL SYSTEMS INC DE 1.01,8.01 01/06/05 ROCKY SHOES & BOOTS INC OH 1.01,9.01 01/03/05 ROLLINS INC DE 1.01 12/20/04 SAFE ALTERNATIVES CORP OF AMERICA INC FL 8.01,9.01 01/07/05 SCANSOURCE INC SC 2.02,9.01 01/07/05 SCHEIB EARL INC DE 1.01,9.01 01/05/05 SCHUFF INTERNATIONAL INC DE 1.01,9.01 01/05/05 SCOTTISH RE GROUP LTD E9 7.01,9.01 01/05/05 SE GLOBAL EQUITIES CORP MN 8.01 01/07/05 SEITEL INC DE 1.01 01/03/05 SELECTICA INC DE 2.05 01/06/05 SENTIGEN HOLDING CORP DE 1.01,9.01 01/03/05 SERVICE 1ST BANCORP CA 3.02 01/05/05 SHAW GROUP INC LA 2.02,9.01 01/07/05 SHIRE PHARMACEUTICALS GROUP PLC 8.01,9.01 01/07/05 SIGMATEL INC DE 3.02 01/07/05 SIMPLETECH INC CA 2.02,9.01 01/07/05 SIRICOMM INC DE 3.02,9.01 01/05/05 SONIC CORP DE 8.01,9.01 01/07/05 SOUTHERN SECURITY LIFE INSURANCE CO UT 8.01,9.01 01/01/05 SOUTHFIRST BANCSHARES INC DE 1.01 01/01/05 SPEEDEMISSIONS INC FL 1.01,2.01,9.01 12/30/04 SPIRIT FINANCE CORP 8.01,9.01 01/07/05 STAGE STORES INC NV 2.02,9.01 01/06/05 STANDARD PACIFIC CORP /DE/ DE 2.02 01/06/05 STARTEK INC DE 1.01,5.02,9.01 01/03/05 STATE BANCORP INC NY 5.02 09/27/04 AMEND STEWART & STEVENSON SERVICES INC TX 1.01,9.01 01/07/05 STRATS SM FOR JPMORGAN CHASE & CO SEC 8.01,9.01 01/01/05 STRATS SM TRUST FOR IBM CORP SEC SERI 8.01,9.01 12/29/04 STRATS SM TRUST FOR MORGAN STANLEY SE 8.01,9.01 01/01/05 STRATS SM TRUST FOR MORGAN STANLEY SE 8.01,9.01 01/01/05 STRATS(SM) Trust For Morgan Stanley S 8.01,9.01 01/01/05 STRATS(SM) Trust For Morgan Stanley S 8.01,9.01 01/01/05 STRUCTURED ASSET MORTGAGE INVESTMENTS DE 8.01,9.01 01/03/05 SUPERIOR OIL & GAS CO NV 1.01 12/19/04 SUSSEX BANCORP NJ 8.01,9.01 01/06/05 SYKES ENTERPRISES INC FL 1.01,5.02,9.01 01/03/05 TALX CORP MO 2.02,8.01,9.01 01/05/05 TELOS CORP MD 5.02 01/01/05 TENGTU INTERNATIONAL CORP DE 8.01 01/03/05 TETRA TECHNOLOGIES INC DE 1.01,9.01 12/27/04 Thornburg Mortgage Securities Trust 2 DE 8.01,9.01 12/22/04 TIDELANDS OIL & GAS CORP/WA NV 3.02 01/07/05 TIFFANY & CO DE 7.01,9.01 01/07/05 TOR MINERALS INTERNATIONAL INC DE 1.01,2.03 01/03/05 TRANSDIGM HOLDING CO DE 7.01,9.01 01/06/05 TRANSMONTAIGNE INC DE 1.01,9.01 11/04/04 AMEND TRIMAINE HOLDINGS INC WA 7.01,9.01 12/30/04 TUTTLE INDUSTRIES CORP DE 5.01,5.02,8.01,9.01 12/23/04 AMEND UNITED FINANCIAL MORTGAGE CORP IL 7.01,9.01 01/06/05 UNITED SURGICAL PARTNERS INTERNATIONA DE 7.01,9.01 01/07/05 UNITEDGLOBALCOM INC DE 1.01 01/06/05 UNIVERSAL HOSPITAL SERVICES INC MN 7.01,9.01 01/07/05 US GLOBAL NANOSPACE INC DE 8.01 01/03/05 US XPRESS ENTERPRISES INC NV 1.01 01/03/05 UST INC DE 1.01,9.01 01/03/05 VALASSIS COMMUNICATIONS INC DE 1.01 01/03/05 VANGUARD HEALTH SYSTEMS INC DE 9.01 12/31/04 AMEND VANTAGEMED CORP DE 1.01,9.01 01/01/05 VASTERA INC DE 1.01,9.01 01/07/05 VERITEC INC NV 8.01 12/31/04 VERTRUE INC DE 2.01,9.01 01/06/05 VESTIN FUND I LLC NV 8.01 01/06/05 VESTIN FUND II LLC 8.01 01/06/05 VESTIN FUND III LLC 8.01 01/06/05 VESTIN GROUP INC NV 3.01,8.01 01/06/05 VFINANCE INC DE 5.02 01/04/05 VIEWPOINT CORP DE 2.01,9.01 01/03/05 WALKER FINANCIAL CORP DE 3.02 01/05/05 WARP TECHNOLOGY HOLDINGS INC NV 1.01,3.02 01/03/05 WARWICK VALLEY TELEPHONE CO NY 1.01,5.02,9.01 01/07/05 WASTE MANAGEMENT INC DE 7.01 01/07/05 WASTE MANAGEMENT INC DE 7.01 01/07/05 AMEND WAYPOINT FINANCIAL CORP PA 8.01,9.01 01/07/05 WEBCO INDUSTRIES INC OK 3.01 01/06/05 WELLCARE HEALTH PLANS, INC. DE 1.01,9.01 01/04/05 WELLPOINT INC IN 2.02,9.01 01/07/05 WELLS REAL ESTATE FUND I GA 7.01,9.01 01/07/05 WELLS REAL ESTATE FUND II GA 7.01,9.01 01/07/05 WELLS REAL ESTATE FUND II-OW GA 7.01,9.01 01/07/05 WELLS REAL ESTATE FUND III L P GA 7.01,9.01 01/07/05 WELLS REAL ESTATE FUND IV L P GA 7.01,9.01 01/07/05 WELLS REAL ESTATE FUND IX LP GA 7.01,9.01 01/07/05 WELLS REAL ESTATE FUND V L P GA 7.01,9.01 01/07/05 WELLS REAL ESTATE FUND VI L P GA 7.01,9.01 01/07/05 WELLS REAL ESTATE FUND VII L P GA 7.01,9.01 01/07/05 WELLS REAL ESTATE FUND VIII LP GA 7.01,9.01 01/07/05 WELLS REAL ESTATE FUND X L P GA 7.01,9.01 01/07/05 WELLS REAL ESTATE FUND XI L P GA 7.01,9.01 01/07/05 WELLS REAL ESTATE FUND XII LP GA 7.01,9.01 01/07/05 WELLS REAL ESTATE FUND XIII L P GA 7.01,9.01 01/07/05 WELLS REAL ESTATE FUND XIV LP GA 7.01,9.01 01/07/05 WENDYS INTERNATIONAL INC OH 5.02 01/03/05 WESBANCO INC WV 8.01,9.01 01/07/05 WESTELL TECHNOLOGIES INC DE 1.01,9.01 01/03/05 WGNB CORP GA 2.02,9.01 01/06/05 WHEELING ISLAND GAMING INC DE 8.01,9.01 01/06/05 WIDEPOINT CORP DE 1.01,9.01 10/25/04 AMEND WORKSTREAM INC 8.01,9.01 01/05/04 WORKSTREAM INC 1.01,9.01 01/03/05 WQN, Inc. 8.01 12/16/04 XM SATELLITE RADIO HOLDINGS INC DE 2.03,3.02,9.01 01/07/05 YUKON GOLD CORP INC DE 5.02 12/21/04 Z TEL TECHNOLOGIES INC DE 5.03,9.01 01/03/05 ZONE 4 PLAY INC NV 1.01,3.02,9.01 01/03/05