SEC NEWS DIGEST Issue 2003-152 August 8, 2003 ENFORCEMENT PROCEEDINGS BROKER-DEALER AND PENNY STOCK BARS ENTERED AGAINST EDWARD DURANTE On August 7, the Commission instituted settled public administrative proceedings against Edward A. Durante (Durante), based upon a federal district court injunction entered against him for his role in a "pump and dump" stock manipulation scheme. Without admitting or denying the allegations contained in the SEC's complaint filed against him on Aug. 2, 1999, Durante consented to the entry of the injunction and other relief. The Commission alleged that Durante and others directed a fraudulent offering and market manipulation of a microcap stock, Los Angeles-based PSA, Inc., between December 1997 and September 1998. As a result of the administrative proceedings, Durante is barred from association with any broker or dealer and barred from participating in any offering of a penny stock. (Rel. 34-48300; File No. 3-11209) COMMISSION ISSUES ORDER ALLEGING THAT BROKER VIOLATED THE SECURITIES LAWS BY PARTICIPATING IN FRAUDULENT STOCK OFFERINGS On August 8, the Commission issued an Order Instituting Public Administrative Proceedings and Notice of Hearing Pursuant to Section 15(b) of the Securities Exchange Act of 1934 (Exchange Act) and Section 203(f) of the Investment Advisers Act of 1940 (Advisers Act) against Darius L. Lee (Lee). In the Order, the staff alleges that Lee is enjoined from future violations of the antifraud and registration provisions of the securities laws resulting from his participation, from at least May 1997 to at least October 1999, in the fraudulent offering of securities of three related companies, JB Stanley Group, LP (JB Stanley), Cambridge Capital Holdings Management (Cambridge), and Union Transfer and Cargo Corporation (UTC) (collectively Offerings), and that Lee received at least $8,050 in proceeds from the fraudulent Offerings. The Commission instituted this administrative proceeding after a district court in the Southern District of New York found Lee liable, on June 25, 2003, for his role in the Offerings and granted the Commission's motion for summary judgment, concluding that Lee violated Sections 5(a), 5(c), and 17(a) of the Securities Act of 1933 (Securities Act) and Section 10(b) of the Exchange Act and Rule 10b-5 thereunder (Injunctive Action). As a result of its findings, the Court permanently enjoined Lee from future violations of the antifraud and registration provisions of the securities laws, ordered Lee to disgorge $8,050 of ill- gotten gains derived from his fraudulent conduct, plus $2,641.13 in pre- judgment interest, and ordered Lee to pay a civil penalty of $25,000 (SEC v. Jean Pierre, et al., 02 Civ. 253, SDNY, SWK). The judgment in the Injunctive Action found that Lee made a series of oral misrepresentations and misstatements to investors concerning the Offerings, including that: (a) JB Stanley and Cambridge would conduct an initial public offering (IPO), at a specific price, with JB Stanley investors being able to sell their shares for a profit; (b) another defendant had consistently achieved a 50% return from other funds that he managed; and (c) JB Stanley is a hedge fund and money or asset management firm that pooled investor funds to purchase and sell securities. The judgment in the Injunctive Action also determined that Lee sent investors documents and other materials concerning the Offerings that contained false and misleading statements without investigating the truthfulness of the representations contained therein. These materials falsely stated, inter alia, that: (a) false account statements to investors that overstated the performance of the JB Stanley fund; (b) misstatements in a JB Stanley brochure regarding the experience of its employees and its prominence as an asset management firm; (c) misstatements in the April 1999 Cambridge quarterly report regarding the structure of UTC's business and a proposed merger with another company; and (d) misrepresentations in a 1999 letter sent to JB Stanley investors soliciting investments in UTC. In the Order, the Commission deems that it is in the public interest to institute public administrative proceedings to determine whether the allegations in the Order are true and what, if any, remedial sanctions against Lee are appropriate and in the public interest pursuant to Section 15(b) of the Exchange Act and Section 203(f) of the Advisers Act. (Rels. 34-48302; IA-2156; File No. 3-11210) THE HONORABLE ARTHUR GONZALEZ APPROVES SETTLEMENT OF THE SEC'S CLAIM FOR A CIVIL PENALTY AGAINST WORLDCOM The Commission announced that on August 6 the Honorable Arthur J. Gonzalez, U.S. Bankruptcy Judge, issued an Order approving the SEC's settlement with WorldCom, Inc. Judge Gonzalez is presiding over WorldCom's bankruptcy reorganization proceeding, which is pending in the Southern District of New York (In re WorldCom, Inc., et al., Ch. 11 Case No. 02-13533, Bankr. SDNY). In a statement accompanying the Order approving the settlement, Judge Gonzalez found the WorldCom settlement "fair and reasonable," and overruled the objections to the settlement made by several of WorldCom's creditors. The settlement was reached in the SEC's District Court litigation against WorldCom for violations of the federal securities laws, and had been previously approved by that court on July 7, 2003. The settlement provides that the SEC's civil penalty judgment of $2,250,000,000 against WorldCom shall be satisfied, in the event of the Bankruptcy Court's confirmation of a plan of reorganization, by WorldCom's payment of $500,000,000 in cash and by its transfer of common stock in the reorganized company having a value of $250,000,000 to a distribution agent to be appointed by the District Court, on the effective date of the plan of reorganization. Under the terms of the settlement, the funds paid and the common stock transferred by WorldCom to satisfy the Commission's judgment will be distributed to victims of the company's fraud, pursuant to Section 308 (Fair Funds for Investors) of the Sarbanes-Oxley Act of 2002. Because WorldCom is in bankruptcy reorganization, the settlement was required to be reviewed and approved by both the District Court and the Bankruptcy Court. (LR-18219) In the District Court litigation, the Commission alleged that WorldCom misled investors by overstating its income from at least as early as 1999 through the first quarter of 2002, as a result of undisclosed and improper accounting. (LR-17829) The Commission filed its case against WorldCom on June 26, 2002, the day after WorldCom announced that it intended to restate its financial results for five quarters-all quarters in 2001 and the first quarter of 2002. (LR-17588). The Commission also sought the appointment of a corporate monitor for WorldCom, and on July 3, 2002, U.S. District Judge Jed S. Rakoff appointed former SEC Chairman Richard Breeden to that position. On Nov. 26, 2002, the Commission obtained a judgment against WorldCom through which the Commission obtained the full injunctive relief it sought against the company. In addition, the judgment ordered WorldCom to undertake extensive reviews of its corporate governance and internal controls, as well as required the company to establish a training and education program for WorldCom officers and employees to minimize the possibility of future violations of the federal securities laws. The Nov. 26, 2002 judgment explicitly left open the determination of monetary penalties to be imposed on WorldCom. (LR-17866). Since the Commission filed its action against WorldCom, the company has made a series of announcements expanding its anticipated financial restatement due to the fraud, both in dollar amount and in time. In addition, the Commission has brought civil actions against four former employees of WorldCom. The Commission filed civil actions against former WorldCom Controller David F. Myers on Sept. 26, 2002 (LR-17753); former WorldCom Director of General Accounting Buford "Buddy" Yates, Jr., on Oct. 7, 2002 (LR-17771); and Betty L. Vinson and Troy M. Normand, former accountants in WorldCom's General Accounting Department, on Oct. 10, 2002 (LR-17783). All of these actions are pending. In determining to enter into the settlement, the Commission considered remedial acts promptly undertaken by WorldCom and cooperation afforded the Commission staff. The Commission acknowledges the assistance and cooperation of the U.S. Attorney's Office for the Southern District of New York and the Federal Bureau of Investigation. The Commission's investigation into the fraud at WorldCom is continuing. (LR-18277; AAE Rel. 1834) [SEC v. WorldCom Inc., Civil Action No. 02-CV- 4963, SDNY, JSR] (LR-18277; AAE Rel 1834) PARTIAL JUDGMENT ON CONSENT IMPOSING PERMANENT INJUNCTION AGAINST SCOTT GRYSKIEWICZ The Commission announced today that in the action SEC v. Scott Alexander Gryskiewicz, Civil Action No. 98 Civ. 7688 (NG), the U.S. District Court for the Eastern District of New York entered on July 16, 2003, a Partial Judgment Imposing A Permanent Injunction And Other Equitable Relief On Consent Against Defendant Scott Alexander Gryskiewicz, age 32, and a resident of Nutley, New Jersey. Gryskiewicz consented to the Partial Judgment without admitting or denying the allegations of the Commission's complaint, filed on Dec. 15, 1998, which alleged that: 1. Gryskiewicz from at least May 1998 through December 1998, unlawfully acted as an unregistered broker, directly and through an office that he operates in Lodi, New Jersey. In the course of his unlawful activity as an unregistered broker, Gryskiewicz obtained approximately $160,000 by offering and selling to at least 71 investors unregistered securities in the form of units consisting of common stock and warrants (Units) issued by Pan American Securities, Inc. (Pan American). 2. Gryskiewicz made telephonic "cold calls" and offered and sold the Pan American Units to investors by means of a variety of false and misleading representations, including false claims that: a) Pan American was about to make an initial public offering (IPO); b) the Pan American Units are freely tradable, when they are restricted; and c) the Pan American Units could be sold for a substantial profit after the purported IPO. 3. Gryskiewicz also embarked on another fraudulent offering. Since at least October 1998 through December 1998, Gryskiewicz attempted to solicit investments in a purported private placement of unregistered common stock and warrants issued by Freetrade.com, Inc. (Freetrade). In the course of offering Freetrade securities, Gryskiewicz disseminated a private placement memorandum (Freetrade PPM) that falsely represented that the offered Freetrade securities are "immediately tradable," when they are, in fact, restricted. The partial judgment permanently enjoins Gryskiewicz from committing future violations of Section 17(a) of the Securities Act of 1933 (Securities Act), 15 U.S.C. 77q(a), and Sections 10(b), 15(a)(1) and 15(c)(1) of the Securities Exchange Act of 1934 (Exchange Act), 15 U.S.C. 78j(b), 78o(a)(1) and 78o(c)(1), and Rules 10b-3, 10b-5 and 15c1-2 thereunder, 17 C.F.R. 240.10b-3, 240.10b-5 and 240.15c1-2. The partial judgment provides that the Court will decide, at a later time, the issue of disgorgement and what civil penalty should be imposed on Gryskiewicz. [SEC v. Scott Alexander Gryskiewicz, USDC, EDNY, Civil Action No. 98 Civ. 7688 (NG)] (LR-18278) CONRAD DIAZ INDICTED FOR MAKING FALSE STATEMENTS IN TRADAMAX GROUP, INC. FORM 10-QSB The Commission announced that on August 6 Conrad Diaz (Diaz) was indicted on two counts of making false statements to the Commission in a Form 10-QSB filed by Tradamax Group, Inc., formerly of Newport Beach, California. The indictment was based upon the facts in the Commission's civil action against Tradamax, its control person, Pattinson Hayton (Hayton), and Diaz. Diaz was formerly the chief financial officer of Tradamax. The Commission's complaint alleged that Hayton, Tradamax and Diaz made numerous fraudulent public statements regarding: (1) the control of Tradamax by Pattinson Hayton, a recidivist securities law violator; (2) the identity of Tradamax's chief executive officer; and (3) the company's business. On Aug. 9, 2002, the Honorable Gary L. Taylor, U.S. District Judge, entered final judgments of permanent injunction, by consent, against Tradamax and Diaz. Subsequently, Judge Taylor entered a final judgment of permanent injunction by default against Pattinson Hayton. For more information, see Litigation Release Nos. 17873 (Dec. 3, 2002), 17677 (Aug. 13, 2002), 17046 (June 21, 2001) and 17061 (July 5, 2001). [U.S. v. Conrad Diaz, Crim. No. SA-03-183, USDC CD Cal.] (LR-18279) SELF-REGULATORY ORGANIZATIONS IMMEDIATE EFFECTIVENESS OF PROPOSED RULE CHANGES The National Securities Clearing Corporation filed a proposed rule change (SR-NSCC-2003-13) under Section 19(b)(3)(A) of the Securities Exchange Act. The proposed rule change, which was effective upon filing, revises NSCC's fee schedule for the Initial Application Information feature of its Insurance Processing Service. Publication of the proposal is expected in the Federal Register during the week of August 11. (Rel. 34-48284) The National Securities Clearing Corporation filed a proposed rule change (SR-NSCC-2003-10) under Section 19(b)(3)(A) of the Securities Exchange Act. The proposed rule change, which was effective upon filing, will make conforming changes to NSCC Rule 7 (Comparison and Trade Recording Operation) and Addendum A (Fee Structure) that were inadvertently not made by previous rule changes. The current rule change will delete references to Demand Withhold and Demand As-Of processing with regard to over-the-counter equity securities and Demand As-Of processing for debt securities. Publication of the proposal is expected in the Federal Register during the week of August 11. (Rel. 34- 48285) The Stock Clearing Corporation of Philadelphia filed a proposed rule change (SR-SCCP-2003-03), which became effective upon filing under Section 19(b)(3)(A) of the Securities Exchange Act, that amends the fee schedule in connection with remote competing specialists. Publication of the proposal is expected in the Federal Register during the week of August 11. (Rel. 34-48286) The Stock Clearing Corporation of Philadelphia filed a proposed rule change (SR-SCCP-2003-05), which became effective upon filing under Section 19(b)(3)(A) of the Securities Exchange Act, that amends the fee schedule in connection with specialist volume level discounts for participant firms engaged in business consolidations. Publication of the proposal is expected in the Federal Register during the week of August 11. (Rel. 34-48287) DELISTING GRANTED An order has been issued granting the application of the Pacific Exchange to strike from listing and registration certain call and put options contracts issued by The Options Clearing Corporation respecting the underlying common stock of XM Satellite Radio Hold-C1 A, effective August 1. (Rel. 34-48263) WITHDRAWAL GRANTED An order has been issued granting the application of CyberGuard Corporation to withdraw its common stock, $.01 par value, from listing and registration on the American Stock Exchange, effective at the opening of business on August 8. (Rel. 34-48297) 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: . SB-2 LOCATEPLUS HOLDINGS CORP, 100 CUMMINGS CENTER, SUITE 235M, BEVERLY, MA, 01915, 978-921-2727 - 22,500,000 ($6,862,500.00) Equity, (File 333-107720 - Aug. 7) (BR. 03) S-8 YP NET INC, 4840 E JASMINE ST, STE 110, MESA, AZ, 85020, 4806549646 - 3,000,000 ($6,495,000.00) Equity, (File 333-107721 - Aug. 7) (BR. 09) S-4 CRUM & FORSTER HOLDINGS CORP, 305 MADISON AVE., MORRISTOWN, NJ, 07962, 9734906600 - 0 ($300,000,000.00) Non-Convertible Debt, (File 333-107722 - Aug. 7) (BR. 01) S-3 UTSTARCOM INC, 1275 HARBOR BAY PARKWAY, STE 100, ALAMEDA, CA, 94502, 5108648800 - 0 ($500,000,000.00) Other, (File 333-107723 - Aug. 7) (BR. 37) S-8 CAPITALSOURCE INC, 0 ($198,779,775.00) Equity, (File 333-107725 - Aug. 7) (BR. 07) S-2 ALPINE GROUP INC /DE/, 1790 BROADWAY, 15TH FL, NEW YORK, NY, 10019, 2127573333 - 0 ($6,080,000.00) Equity, (File 333-107726 - Aug. 7) (BR. 06) S-8 NATIONAL GRID TRANSCO PLC, 1-3 STRAND, LONDON WC2N 5EH, X0, 13,000,000 ($79,027,000.00) Equity, (File 333-107727 - Aug. 7) (BR. ) F-1 GRACECHURCH CARD FUNDING NO 5 PLC, C/O BARCLAYS CAPITAL INC, 200 PARK AVENUE, NEW YORK, NY, 10166, 4402076995000 - 0 ($3,000,000.00) Asset-Backed Securities, (File 333-107728 - Aug. 7) (BR. ) S-3 INVESTORS REAL ESTATE TRUST, 12 S MAIN STREET, SUITE 100, MINOT, ND, 58701, 701-837-4738 - 0 ($45,225,000.00) Equity, (File 333-107729 - Aug. 7) (BR. 08) S-4 SEQUA CORP /DE/, 200 PARK AVE, NEW YORK, NY, 10166, 2129865500 - 0 ($100,000,000.00) Non-Convertible Debt, (File 333-107730 - Aug. 7) (BR. 05) S-3 FRIEDMAN BILLINGS RAMSEY GROUP INC, 7033129500 - 0 ($750,000,000.00) Equity, (File 333-107731 - Aug. 7) (BR. 08) S-3 BELL MICROPRODUCTS INC, 1941 RINGWOOD AVE, SAN JOSE, CA, 95131-1721, 4084519400 - 0 ($35,000,000.00) Debt Convertible into Equity, (File 333-107732 - Aug. 7) (BR. 36) S-8 HAIRMAX INTERNATIONAL INC, 4810 WEST COMMERICAL BLVD, FT LAUDERDALE, FL, 33319, 9547178680 - 700,000 ($175,000.00) Equity, (File 333-107733 - Aug. 7) (BR. 05) S-8 NORTHROP GRUMMAN CORP /DE/, 1840 CENTURY PK E, C/O NORTHROP GRUMMAN CORP, LOS ANGELES, CA, 90067, 3105536262 - 17,000,000 ($1,541,220,000.00) Equity, (File 333-107734 - Aug. 7) (BR. 05) S-4 ORBITAL SCIENCES CORP /DE/, 21839 ATLANTIC BLVD, DULLES, VA, 20166, 703406 5524 - 135,000,000 ($135,000,000.00) Non-Convertible Debt, (File 333-107735 - Aug. 7) (BR. 05) S-8 WESBANCO INC, 1 BANK PLAZA, WHEELING, WV, 26003, 3042349000 - 1,000,000 ($24,200,000.00) Equity, (File 333-107736 - Aug. 7) (BR. 07) S-8 EASYLINK SERVICES CORP, 399 THORNALL STREET, 6TH FLOOR, EDISON, NJ, 08837, 7329062000 - 2,500,000 ($4,025,000.00) Equity, (File 333-107737 - Aug. 7) (BR. 08) S-8 EPICOR SOFTWARE CORP, 195 TECHNOLOGY DR, IRVINE, CA, 92718-2402, 9495854000 - 0 ($31,632,500.00) Equity, (File 333-107738 - Aug. 7) (BR. 03) S-3D FIRST CHESTER COUNTY CORP, 9 N HIGH ST, PO BOX 523, WEST CHESTER, PA, 19381, 6106923000 - 300,000 ($6,135,000.00) Equity, (File 333-107739 - Aug. 7) (BR. 07) S-8 ADIRONDACK PURE SPRINGS MT WATER CO INC, 5169217288 - 3,110,000 ($684,200.00) Equity, (File 333-107740 - Aug. 7) (BR. 04) S-3 NII HOLDINGS INC, 10700 PARKRIDGE BLVD, SUITE 600, RESTON, VA, 20191, 7034334000 - 0 ($170,913,000.00) Equity, (File 333-107741 - Aug. 7) (BR. 37) S-8 ENHANCE BIOTECH INC, 17337 VENTURA BLVD, SUITE 224, ENCINO, CA, 91316, 8187840040 - 250,000 ($75,000.00) Equity, (File 333-107742 - Aug. 7) (BR. 09) S-8 NISOURCE INC/DE, 801 EAST 86TH AVE, MERRILLVILLE, IN, 46410-6272, 2196475200 - 10,300,000 ($193,485,500.00) Equity, (File 333-107743 - Aug. 7) (BR. 02) N-2 PIONEER MUNICIPAL ADVANTAGE TRUST, 66,666 ($999,990.00) Equity, (File 333-107744 - Aug. 7) (BR. ) S-8 HUB GROUP INC, 377 E BUTTERFIELD RD, STE 700, LOMBARD, IL, 60148, 7089645800 - 500,000 ($5,092,500.00) Equity, (File 333-107745 - Aug. 7) (BR. 05) S-3 ZIONS BANCORPORATION /UT/, ONE SOUTH MAIN STREET, SUITE 1380, SALT LAKE CITY, UT, 84111, 8015244787 - 0 ($1,050,000,000.00) Non-Convertible Debt, (File 333-107746 - Aug. 7) (BR. 07) S-3 PMI GROUP INC, 3003 OAK ROAD, WALNUT CREEK, CA, 94597-2098, 925-658-7878 - 0 ($700,000,000.00) Unallocated (Universal) Shelf, (File 333-107747 - Aug. 7) (BR. 01) S-8 NISOURCE INC/DE, 801 EAST 86TH AVE, MERRILLVILLE, IN, 46410-6272, 2196475200 - 0 ($1.00) Equity, (File 333-107748 - Aug. 7) (BR. 02) 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 ---------------------------------------------------------------------------------- ABERCROMBIE & FITCH CO /DE/ DE X X 08/07/03 ADOLOR CORP X 06/30/03 AES CORPORATION DE X 08/07/03 ALKERMES INC PA X 08/07/03 ALL AMERICAN SEMICONDUCTOR INC DE X X 08/07/03 ALLEGHANY CORP /DE DE 08/06/03 ALLIANT TECHSYSTEMS INC DE X X 08/07/03 ALLOS THERAPEUTICS INC DE X 08/07/03 AMEDISYS INC DE X X 08/07/03 AMERICAN EAGLE OUTFITTERS INC DE X 08/06/03 AMERICAN EXPRESS CO NY X 08/06/03 AMERICAN MORTGAGE ACCEPTANCE CO MA X 07/17/03 AMERICAN MORTGAGE ACCEPTANCE CO MA X 08/07/03 AMERICAN RETIREMENT CORP TN X 08/07/03 AMERICAN RETIREMENT CORP TN X X 08/07/03 AMERICAN SAFETY INSURANCE GROUP LTD 08/07/03 AMERICREDIT CORP TX X X 08/06/03 AMERUS GROUP CO/IA IA X X X 08/05/03 AML COMMUNICATIONS INC DE 08/07/03 ANNUITY & LIFE RE HOLDINGS LTD X 08/07/03 APARTMENT INVESTMENT & MANAGEMENT CO MD X 08/06/03 APPLETON PAPERS INC/WI X X 08/06/03 ARRHYTHMIA RESEARCH TECHNOLOGY INC /D DE X 08/07/03 ARTISOFT INC DE 08/07/03 ASPEN TECHNOLOGY INC /DE/ DE 08/07/03 ATLANTIS PLASTICS INC FL X X 08/07/03 ATLAS MINERALS INC CO X 08/05/03 ATLAS MINERALS INC CO X X 07/23/03 AXIS CAPITAL HOLDINGS L X 08/06/03 BANC OF AMERICA MORTGAGE SECURITIES I DE X X 08/07/03 BANK OF NEW ENGLAND CORP MA 06/30/03 BARR LABORATORIES INC NY 08/07/03 BEBE STORES INC CA X X 08/07/03 BECKMAN COULTER INC DE X X 08/06/03 BERKLEY W R CORP DE X X 08/05/03 BERRY PETROLEUM CO DE X 08/06/03 BEST BUY CO INC MN X X 08/07/03 BLACK HILLS CORP /SD/ SD X 08/06/03 BORLAND SOFTWARE CORP DE X X 08/05/03 BRIGGS & STRATTON CORP WI X 08/07/03 BRUKER BIOSCIENCES CORP DE X 08/06/03 BRUSH ENGINEERED MATERIALS INC X X 08/07/03 BRYN MAWR BANK CORP PA X 08/01/03 BUILDERS TRANSPORT INC DE X X 07/31/03 CABLEVISION SYSTEMS CORP /NY DE X 08/05/03 CALPINE CORP DE 08/06/03 CARECENTRIC INC DE X X 08/07/03 CBRE HOLDING INC DE X X 07/23/03 CELLSTAR CORP DE X X 07/31/03 CENTRA FINANCIAL HOLDINGS INC WV X X 08/07/03 CERES GROUP INC DE X 08/06/03 CHAMPIONLYTE HOLDINGS INC FL X X 07/21/03 CHILDRENS PLACE RETAIL STORES INC X X 08/07/03 CHYRON CORP NY X 08/07/03 CIMA LABS INC DE 07/31/03 CINCINNATI BELL INC OH X 08/07/03 CITIZENS COMMUNICATIONS CO DE 06/30/03 CLAIRES STORES INC DE X 08/07/03 CLAYTON HOMES INC DE X X 08/07/03 CLC HEALTHCARE INC NV X 08/01/03 CNA FINANCIAL CORP DE X 08/07/03 COACTIVE MARKETING GROUP INC DE X 08/07/03 COGENT COMMUNICATIONS GROUP INC X X 07/31/03 COLUMBIA LABORATORIES INC DE X 08/07/03 COMMERCE ONE INC / DE/ DE X 07/23/03 COMMUNICATIONS SYSTEMS INC MN X 08/06/03 COMMUNITY BANKS INC /PA/ PA X 08/05/03 COMMUNITY BANKSHARES INC /SC/ SC X 08/05/03 COMSTOCK RESOURCES INC NV X 08/07/03 CONRAD INDUSTRIES INC DE X X 08/06/03 CONSUMER DIRECT OF AMERICA NV X X 07/24/03 CONSUMER PORTFOLIO SERVICES INC CA X 08/06/03 CORPORATE OFFICE PROPERTIES TRUST MD X X 08/06/03 COTTON STATES LIFE INSURANCE CO / GA X X 08/07/03 COX TECHNOLOGIES INC NC X 08/07/03 CRAY INC WA X 08/07/03 CREDIT ACCEPTANCE CORPORATION MI X 08/05/03 CREDIT SUISSE FIRST BOSTON MORTGAGE S DE X 08/07/03 CROSSTEX ENERGY LP DE X 08/07/03 CUBIST PHARMACEUTICALS INC DE X 08/06/03 D & K HEALTHCARE RESOURCES INC DE X 08/07/03 DAOU SYSTEMS INC DE X 08/07/03 DAVE & BUSTERS INC MO X X X 08/06/03 DCAP GROUP INC/ DE X 08/07/03 DEAN FOODS CO/ DE X X 08/07/03 DELTATHREE INC DE X 08/07/03 DEVON ENERGY CORP/DE DE X 08/06/03 DIAL CORP /NEW/ DE X X 08/07/03 DIGITAL THEATER SYSTEMS INC DE 08/07/03 DOLLAR GENERAL CORP TN X X 08/07/03 DOLLAR TREE STORES INC VA X X 08/02/03 EASYLINK SERVICES CORP DE X 08/07/03 EDAC TECHNOLOGIES CORP WI X X 08/05/03 ELDER BEERMAN STORES CORP OH X 08/07/03 ELECTRIC FUEL CORP DE X 08/07/03 ELECTRONIC CLEARING HOUSE INC NV X 08/04/03 EMC INSURANCE GROUP INC IA 06/30/03 EMCORE CORP NJ X 08/06/03 EMULEX CORP /DE/ DE X 08/07/03 ENDOLOGIX INC /DE/ DE X 08/07/03 ENERGY PARTNERS LTD DE 08/07/03 ENTRAVISION COMMUNICATIONS CORP DE X 08/07/03 ENVIRONMENTAL POWER CORP DE X 08/06/03 ENVIRONMENTAL SOLUTIONS WORLDWIDE INC FL X X 08/07/03 EPIX MEDICAL INC X X 08/07/03 EQUITY INNS INC TN X 08/07/03 EVOLVE SOFTWARE INC DE X 08/05/03 EXCELLIGENCE LEARNING CORP DE 08/06/03 F&M BANCORP MD X 08/06/03 FACTORY 2 U STORES INC DE X 08/06/03 FARMLAND INDUSTRIES INC KS X X 07/31/03 FEDERATED DEPARTMENT STORES INC /DE/ DE 08/07/03 FINANCIAL ASSET SECURITIES CORP DE X X 08/07/03 FINLAY ENTERPRISES INC /DE DE X 08/07/03 FINLAY FINE JEWELRY CORP DE X 08/07/03 FIRST FARMERS & MERCHANTS CORP TN X X 08/06/03 AMEND FIRST MARINER BANCORP MD X 07/15/03 FIRST NATIONAL CORP /SC/ SC X 08/07/03 FIRST WEST VIRGINIA BANCORP INC WV X X 08/06/03 FIRSTENERGY CORP OH X X 08/07/03 FISHER SCIENTIFIC INTERNATIONAL INC DE X 08/06/03 FLAG TELECOM GROUP LTD X X 08/07/03 FLEMING COMPANIES INC /OK/ OK X X X 07/30/03 FLOWERS FOODS INC GA X X 08/07/03 FOCUS ENHANCEMENTS INC DE X 08/07/03 FOG CUTTER CAPITAL GROUP INC MD X 08/04/03 FOOT LOCKER INC NY X 08/07/03 FRANKLIN ELECTRONIC PUBLISHERS INC PA X 08/07/03 FRESH BRANDS INC X 08/07/03 GABELLI ASSET MANAGEMENT INC NY X 07/30/03 GABLES REALTY LIMITED PARTNERSHIP DE X 08/06/03 GABLES RESIDENTIAL TRUST MD X 08/06/03 GAP INC DE X X 08/07/03 GENIUS PRODUCTS INC NV X 08/07/03 GERMAN AMERICAN BANCORP IN X 07/31/03 GIGA TRONICS INC CA X 08/05/03 GILLETTE CO DE X X 08/07/03 GLOBAL INDUSTRIES LTD LA 06/30/03 GLOBALSANTAFE CORP X X 08/07/03 GOLDEN EAGLE INTERNATIONAL INC CO X 08/05/03 GOLDEN STAR RESOURCES LTD X 08/06/03 GREAT LAKES REIT MD X X 08/07/03 GYMBOREE CORP DE X X 08/07/03 HAIRMAX INTERNATIONAL INC NV X X 08/01/03 HALIFAX CORP VA X X 08/07/03 HANOVER DIRECT INC DE X X 08/07/03 HARTFORD FINANCIAL SERVICES GROUP INC DE 08/06/03 HARVEST NATURAL RESOURCES INC DE X 08/07/03 HCC INSURANCE HOLDINGS INC/DE/ DE X X 08/07/03 HEALTHTRONICS SURGICAL SERVICES INC GA 08/07/03 HESPERIA HOLDING INC NV X X 07/17/03 HIGH COUNTRY FINANCIAL CORP NC X 08/06/03 HORIZON ORGANIC HOLDING CORP DE 08/07/03 HORNBECK OFFSHORE SERVICES INC /LA DE X X 08/06/03 HOSPITALITY PROPERTIES TRUST MD X 08/05/03 HOST AMERICA CORP DE X X 08/06/03 HUMPHREY HOSPITALITY TRUST INC VA 08/07/03 I INCUBATOR COM INC FL X X 07/23/03 AMEND IDACORP INC ID 06/30/03 IDENTIX INC DE X X 08/07/03 IFX CORP DE X X 08/07/03 II-VI INC PA X 06/30/03 IMAGIS TECHNOLOGIES INC A1 X X 07/30/03 IMMUNOGEN INC MA X 08/07/03 INDYMAC ABS INC DE X X 08/07/03 INFOCROSSING INC DE 08/07/03 INKINE PHARMACEUTICAL CO INC NY X 08/05/03 INTEGRAMED AMERICA INC DE X X 08/07/03 INTERNET CAPITAL GROUP INC DE X X 08/07/03 INTUITIVE SURGICAL INC DE 08/07/03 IPAYMENT INC DE X 08/06/03 JONES APPAREL GROUP INC PA X X 08/07/03 JOSTENS INC MN X 08/07/03 JP MORGAN CHASE COMMERCIAL MORTGAGE S DE X X 08/07/03 KAISER GROUP HOLDINGS INC DE X X 08/06/03 KEITH COMPANIES INC CA X X 08/07/03 KEYSTONE AUTOMOTIVE INDUSTRIES INC CA X 08/07/03 KINGDOM VENTURES INC NV X X 07/31/03 KNAPE & VOGT MANUFACTURING CO MI X 08/07/03 KOGER EQUITY INC FL X X 08/04/03 LAKES ENTERTAINMENT INC MN X X 08/07/03 LANDACORP INC DE 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08/06/03 MICRON ENVIRO SYSTEMS INC NV X 08/05/03 MID AMERICA APARTMENT COMMUNITIES INC TN X 08/07/03 MID ATLANTIC MEDICAL SERVICES INC DE 06/30/03 MMI PRODUCTS INC DE X X 08/04/03 MODTECH HOLDINGS INC CA X 08/07/03 MORTGAGE ASSET SEC TRANS INC MORT PAS DE X X 07/25/03 MUZAK HOLDINGS LLC DE X 08/07/03 NANOPHASE TECHNOLOGIES CORPORATION IL X 08/06/03 NAPRO BIOTHERAPEUTICS INC DE 08/07/03 NASB FINANCIAL INC MO 08/07/03 NATIONAL RESEARCH CORP WI X 08/05/03 NATIONAL SEMICONDUCTOR CORP DE X X 08/06/03 NATIONAL WESTERN LIFE INSURANCE CO CO X 06/30/03 NATURAL RESOURCE PARTNERS LP DE X X 08/07/03 NATUS MEDICAL INC DE X 08/07/03 NEIMAN MARCUS GROUP INC DE X X 08/07/03 NEOSE TECHNOLOGIES INC DE X 08/07/03 NETTEL HOLDINGS INC FL X X X X 05/23/03 AMEND NEW PLAN EXCEL REALTY TRUST INC MD X X 08/07/03 NEXTMEDIA OPERATING INC X 08/07/03 NII HOLDINGS INC DE X 08/07/03 NORDSTROM INC WA 08/07/03 NORTEK INC DE X 07/05/03 NORTHWESTERN CORP DE X X 08/07/03 NVIDIA CORP DE 08/07/03 OCWEN FINANCIAL CORP FL X 08/07/03 OFFSHORE LOGISTICS INC DE 06/30/03 OHIO CASUALTY CORP OH X 08/07/03 ONE LIBERTY PROPERTIES INC MD X X 07/24/03 ORBIT INTERNATIONAL CORP DE X 08/06/03 ORIENT EXPRESS HOTELS LTD X 08/06/03 OSHKOSH B GOSH INC DE X 08/07/03 OVERHILL FARMS INC X X 08/07/03 PACIFIC ENTERPRISES INC CA X 08/07/03 PALMETTO BANCSHARES INC SC X 07/31/03 PANERA BREAD CO DE X 08/07/03 PANERA BREAD CO DE X 08/07/03 AMEND PAREXEL INTERNATIONAL CORP MA 08/07/03 PEGASUS MEDIA & COMMUNICATIONS INC DE X X 08/01/03 PEMSTAR INC MN X X 08/07/03 PENN VIRGINIA CORP VA X X 08/06/03 PENN VIRGINIA RESOURCE PARTNERS L P DE X X 08/06/03 PENTON MEDIA INC DE X 08/07/03 PEREGRINE SYSTEMS INC DE X 08/07/03 PEREGRINE SYSTEMS INC DE X 08/07/03 PHILIP SERVICES CORP/DE DE X X 08/07/03 PHOTOGEN TECHNOLOGIES INC NV X 08/06/03 PIONEER DRILLING CO TX X 08/07/03 PIXAR \CA\ CA X 08/07/03 PLAINS EXPLORATION & PRODUCTION CO CA X X 08/07/03 PML INC DE X X 08/07/03 POLYMER SOLUTIONS INC NV X X 08/07/03 POPULAR INC PR X 08/07/03 POTLATCH 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