SEC NEWS DIGEST Issue 2004-201 October 19, 2004 COMMISSION ANNOUNCEMENTS COMMISSION MEETINGS Following is a schedule of Commission meetings, which will be conducted under provisions of the Government in the Sunshine Act. Meetings will be scheduled according to the requirements of agenda items under consideration. Open meetings will be held in the William O. Douglas Room, Room 1C30, at the Commission's headquarters building, 450 Fifth Street, N.W., Washington, D.C. Visitors are welcome at all open meetings, insofar as space is available. Persons wishing to photograph or videotape Commission meetings must obtain permission in advance from the Secretary of the Commission. Persons wishing to tape record a Commission meeting should notify the Secretary's office 48 hours in advance of the meeting. Any member of the public who requires auxiliary aids such as a sign language interpreter or material on tape to attend a public meeting should contact Rochelle Franks, Office of Administrative and Personnel Management, to make arrangements. Ms. Franks can be reached at TTY number (202) 942-9558. If you are calling from a non-TTY number, please call the Relay Service at 1-800-877-8339. OPEN MEETING – TUESDAY, OCTOBER 26, 2004 – 10:00 A.M. The subject matter of the open meeting scheduled for Tuesday, October 26, will be: 1. The Commission will consider whether to propose new and amended rules and form changes to modify the registration, communications, and offering processes under the Securities Act of 1933 (Securities Act). In addition, the proposals would seek to ensure more timely investment information to investors without mandating delays in the offering process and would further integrate disclosure processes under the Securities Act and the Securities Exchange Act of 1934. The proposals would address communications related to registered securities offerings, delivery of information to investors, and procedural restrictions in the offering and capital formation process. For further information, please contact Amy M. Starr, Consuelo Hitchcock, Andrew Thorpe, Daniel Horwood, or Anne Nguyen, in the Division of Corporation Finance, at (202) 824-5300. 2. The Commission will consider whether to adopt rule 203(b)(3)-2 under the Investment Advisers Act of 1940 to require hedge fund advisers to register with the Commission. The Commission also will consider whether to adopt certain conforming and transitional amendments to rules 203(b)(3)-1, 203A-3, 204-2, 205-3, 206(4)-2, 222-2 and Form ADV. For further information, please contact Vivien Liu, Senior Counsel, in the Division of Investment Management, at (202) 942-0719. At times, changes in Commission priorities require alterations in the scheduling of meeting items. For further information and to ascertain what, if any, matters have been added, deleted or postponed, please contact: The Office of the Secretary at (202) 942-7070. ENFORCEMENT PROCEEDINGS PIRANHA STOCK REGISTRATION REVOKED The registration of the stock of Piranha, Inc. (Piranha), has been revoked. The revocation was ordered in an administrative proceeding before an administrative law judge. Piranha’s stock was registered with the Securities and Exchange Commission, but Piranha has not filed annual or quarterly reports for any fiscal period since the quarter ended March 31, 2001. Thus, it violated a crucial provision of the federal securities laws that requires public corporations to publicly disclose current, accurate financial information so that investors may make informed decisions. Accordingly, the law judge revoked the registration of Piranha’s stock to serve the public interest and for the protection of investors. (Rel. 34-50524; File No. 3-11629) IN THE MATTER OF ASHLEY NEMIROFF, ET AL. On October 18, the Commission issued an Order Making Findings and Imposing Remedial Sanctions Pursuant to Section 15(b) of the Securities Exchange Act of 1934 (Exchange Act) (Order) against Carl D’Elia (Respondent). In the Order, the Commission barred D’Elia from association with any broker or dealer. D’Elia consented to the issuance of the Order without admitting or denying any of the findings therein. In the Order, the Commission found that the U.S. District Court for the Eastern District of New York had previously entered a partial consent judgment against D’Elia enjoining him from future violations of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Exchange Act and Rule 10b-5 thereunder (SEC v. Paul Skulsky, et al., 02 Civ. 1524, DRH, EDNY). In the underlying injunctive action, the Commission’s complaint alleged that Paul Skulsky, an undisclosed control person of AppOnline.com (AppOnline), a now defunct Melville, New York mortgage banking firm, sought to manipulate the public market for AppOnline securities. As part of the scheme, during 1997 and 1998, Skulsky paid undisclosed kickbacks in the form of AppOnline stock and cash to the Respondent so that the Respondent would sell, or direct other registered representatives to sell, AppOnline stock to their retail customers. For further information see also Rel. 34-50186/August 12, 2004. (Rel. 34- 50553; File No. 3-11587) IN THE MATTER OF MICHAEL ROSOFF On October 18, the Commission issued an order pursuant to Rule 102(e) of the Commission's Rules of Practice against Michael Rosoff, a former in- house attorney for Towers Financial Corp. The order suspends Rosoff forthwith from appearing or practicing before the Commission. Rosoff was convicted in October 1999 for, inter alia, obstructing an SEC investigation involving Towers. He is currently serving an 87-month sentence imposed in that case and has been disbarred. Under paragraph 2 of Rule 102(e), the Commission has authority to suspend forthwith convicted felons and disbarred attorneys from appearing or practicing before the Commission. (Rel. 34-50556; File No. 3-11711) RECEIVER DISTRIBUTES $1.1 MILLION TO VICTIMS OF MONEY MANAGER STEVIN HOOVER The Commission announced today that the Honorable Richard G. Stearns of the U.S. District Court for the District of Massachusetts has approved an Initial Distribution Plan to distribute $1.1 million to victims of former money manager Stevin R. Hoover. The distribution will be supervised by Keith D. Lowey, CPA, of Foxborough, Massachusetts, who was appointed by the court as receiver over the Chestnut Fund LP, a hedge fund once-managed by Hoover. In its complaint, the Commission alleged that between 1995 and 2001, Hoover and his wholly-owned entities misappropriated funds from investment advisory clients, including the hedge fund. The Commission also alleged that Hoover solicited and obtained investments in the hedge fund by making fraudulent misrepresentations to prospective investors, and that Hoover attempted to conceal his misappropriations by distributing fictitious account statements to investors. As previously announced, on Feb. 11, 2003, the court entered a Final Judgment, by consent, ordering Hoover and/or his wholly-owned entities to pay disgorgement of ill-gotten gains and prejudgment interest in the amount of $1,011,007.48, and permanently enjoining them from future violations of the relevant provisions of the federal securities laws. On Feb. 26, 2003, the Commission entered an administrative order, by consent, that permanently bars Hoover from association with an investment adviser. In a related criminal proceeding, Hoover pleaded guilty to criminal charges that he defrauded investment advisory clients out of nearly $200,000 in violation of Section 206(2) of the Investment Advisers Act of 1940. Hoover is currently serving 3 years of supervised release, following an 18 month prison sentence. For further information see LR-17981; LR-17825; LR.-16938; LR-17236; LR-17240; LR-17284; LR- 17487; LR-17666). [SEC v. Hoover and Hoover Capital Management, Inc., Civ. A. No. 01 CV 10751, RGS, D. Mass.] (LR-18934) SELF-REGULATORY ORGANIZATIONS IMMEDIATE EFFECTIVENESS OF PROPOSED RULE CHANGES A proposed rule change (SR-NASD-2004-143), and Amendments No. 1 thereto filed by the National Association of Securities Dealers relating to the use of attributable Summary Orders by Order Delivery ECNs in the Nasdaq Market Center has become effective under Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication in the Federal Register is expected during the week of October 18. (Rel. 34-50537) A proposed rule change (PCX-2004-89) filed by the Pacific Exchange that allows quotation spreads for options that trade on PCX’s electronic trading platform PCX Plus, to be $5 regardless of the price of the bid, has become effective under Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication in the Federal Register is expected during the week of October 18. (Rel. 34-50538) A proposed rule change filed by the Pacific Exchange relating to trades resulting from obvious error has become effective under Section 19(b)(3)(A) of the Securities Exchange Act of 1934 (SR-PCX-2004-87). Publication in the Federal Register is expected during the week of October 18. (Rel. 34-50549) APPROVAL OF PROPOSED RULE CHANGE The Commission approved a proposed rule change, as amended, (SR-NASD- 2004-114) filed by the National Association of Securities Dealers relating to fees for depth of book data in exchange-listed securities in the Nasdaq Market Center. (Rel. 34-50545) WITHDRAWAL SOUGHT A notice has been issued giving interested persons until Nov. 12, 2004, to comment on the application of Devon Energy Corporation to withdraw its common stock, $.10 par value, from listing and registration on the New York Stock Exchange. (Rel. 34-50555) 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 ADA-ES INC, 1,198,011 ($17,371,160.00) Equity, (File 333-119795 - Oct. 18) (BR. 06) S-1 IBASIS INC, 20 SECOND AVE, BURLINGTON, MA, 01803, 7815057500 - 0 ($48,784,983.88) Equity, (File 333-119796 - Oct. 18) (BR. 37) S-8 CENTRAL PACIFIC FINANCIAL CORP, 220 S KING ST, HONOLULU, HI, 96813, 8085440500 - 0 ($171.36) Equity, (File 333-119798 - Oct. 18) (BR. 07) S-8 MATTSON TECHNOLOGY INC, 2800 BAYVIEW DR, FREMONT, CA, 94538, 5106575900 - 1,500,000 ($9,915,000.00) Equity, (File 333-119799 - Oct. 18) (BR. 36) S-1 FIRST STATE FINANCIAL CORP/FL, 22 SOUTH LINKS AVE, SARASOTA, FL, 34236, 941-929-9000 - 0 ($20,700,000.00) Equity, (File 333-119800 - Oct. 18) (BR. ) S-8 INDIGINET INC/FL, 5000 BIRCH STREET, SUITE 3000, NEWPORT BEACH, CA, 92614, (949) 476-3711 - 250,000,000 ($650,000.00) Equity, (File 333-119801 - Oct. 18) (BR. 09) S-8 PALOMAR ENTERPRISES INC, 1802 N. CARSON STREET, NO. 212-2705, CARSON CITY, NE, 89701-1230, 7758870670 - 1,650,000,000 ($1,650,000.00) Equity, (File 333-119802 - Oct. 18) (BR. 05) S-8 New York & Company, Inc., 450 WEST 33RD ST 5TH FL, NEW YORK, NY, 10001, 212-884-2110 - 0 ($43,317,653.00) Equity, (File 333-119803 - Oct. 18) (BR. 02) SB-2 LORCOM TECHNOLOGIES INC, 244 MADISON AVE SUITE 330, NEW YORK, NY, 10016, 2129711366 - 1,632,173 ($7,023,300.00) Other, (File 333-119805 - Oct. 18) (BR. ) F-1 TOP TANKERS INC., 109-111 MESSOGIAN AVENUE, POLITIA CENTRE,, ATHENS, J3, 11526 GR, 011-30-210-69-30-288 - 0 ($24,999,996.00) Equity, (File 333-119806 - Oct. 18) (BR. 05) S-3 UNITED CAPITAL CORP /DE/, 9 PARK PL, GREAT NECK, NY, 11021, 5164666464 - 300,000 ($6,600,000.00) Equity, (File 333-119807 - Oct. 18) (BR. 06) 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 ------------------------------------------------------------------------------------------------ 3M CO DE 2.02 10/18/04 AAMES FINANCIAL CORP/DE DE 1.01 10/15/04 ABAXIS INC CA 2.02,9.01 10/18/04 ACCESSTEL INC /UT/ UT 2.01,3.02,9.01 10/13/04 ACR GROUP INC TX 2.02,9.01 10/18/04 ALABAMA NATIONAL BANCORPORATION DE 2.02,9.01 10/18/04 AMCOL INTERNATIONAL CORP DE 7.01,9.01 10/18/04 AMERICAN BIO MEDICA CORP NY 4.01 10/14/04 AMERICAN SKIING CO /ME DE 8.01 10/18/04 AMERICAN STANDARD COMPANIES INC DE 2.02,7.01,9.01 10/18/04 AMERISERV FINANCIAL INC /PA/ PA 1.01 10/18/04 ANNALY MORTGAGE MANAGEMENT INC MD 1.01,5.03,9.01 10/14/04 APEX SILVER MINES LTD 1.01,2.03,3.02,9.01 10/11/04 APPLE REIT SIX INC 2.01,9.01 10/12/04 APPLEBEES INTERNATIONAL INC DE 7.01 10/18/04 ARRAY BIOPHARMA INC DE 4.01,9.01 10/18/04 ASTRATA GROUP INC NV 9.01 08/02/04 AMEND ATRIUM COMPANIES INC DE 5.02 10/18/04 ATRIUM COMPANIES INC DE 2.01,9.01 09/01/04 AMEND AVENUE GROUP INC DE 3.02,9.01 10/07/04 AVNET INC NY 7.01 10/18/04 AVONDALE INC GA 2.02,9.01 10/15/04 BADGER METER INC WI 2.02,9.01 10/14/04 BALLISTIC RECOVERY SYSTEMS INC MN 1.01,5.02,9.01 10/14/04 Banc of America Commercial Mort. Pass DE 8.01,9.01 10/12/04 BANDAG INC IA 2.02,9.01 10/15/04 BANKNORTH GROUP INC/ME ME 2.02,9.01 10/18/04 BARNES GROUP INC DE 7.01,9.01 10/18/04 BB&T CORP NC 8.01,9.01 10/18/04 BEAR STEARNS ASSET BACKED FUND INC WH DE 8.01,9.01 10/15/04 BEAR STEARNS ASSET BACKED WHOLE AUTO DE 8.01,9.01 10/15/04 BEAR STEARNS COMMERCIAL MORTGAGE SEC DE 8.01,9.01 10/12/04 BEAR STEARNS COMMERCIAL MORTGAGE SECU DE 8.01,9.01 10/12/04 Bear Stearns Commercial Mortgage Secu DE 8.01,9.01 10/12/04 BECKMAN COULTER INC DE 1.01 10/12/04 BIO KEY INTERNATIONAL INC MN 5.02 10/12/04 BIOMARIN PHARMACEUTICAL INC DE 2.01,9.01 05/18/04 AMEND BLACKROCK INC /NY DE 2.02,9.01 10/18/04 BLOCKBUSTER INC DE 5.02,9.01 10/16/04 BOWNE & CO INC DE 2.01,5.03 01/12/00 BRANDPARTNERS GROUP INC DE 8.01 10/15/04 BRANDYWINE OPERATING PARTNERSHIP LP / DE 8.01,9.01 10/18/04 BRANDYWINE REALTY TRUST MD 8.01,9.01 10/18/04 BRIDGE BANCORP INC NY 2.02,9.01 09/30/04 BRIGGS & STRATTON CORP WI 7.01,9.01 10/18/04 BRINKS CO VA 1.01,9.01 10/15/04 BROWN & BROWN INC FL 2.02 10/17/04 BUCA INC /MN MN 1.01,2.02,2.06,5.02,9.01 10/14/04 CADENCE RESOURCES CORP UT 7.01,9.01 10/18/04 CAPITAL CORP OF THE WEST CA 2.02,9.01 10/12/04 CARDINAL FINANCIAL CORP VA 5.02 10/13/04 CBRL GROUP INC TN 7.01,9.01 10/18/04 CELL GENESYS INC DE 1.01,2.03,3.02,9.01 10/14/04 Centerplate, Inc. DE 1.01,8.01,9.01 10/13/04 CERIDIAN CORP /DE/ DE 2.02,4.02,8.01,9.01 10/18/04 CERTIFIED SERVICES INC NV 2.01,8.01,9.01 08/02/04 AMEND CHANNELL COMMERCIAL CORP DE 2.01,9.01 08/03/04 AMEND CHARYS HOLDING CO INC 5.02 10/18/04 CHECKFREE CORP \GA\ DE 2.02,9.01 10/18/04 CHEMED CORP DE 2.02,9.01 10/18/04 CHIPPAC INC CA 8.01 10/18/04 CHIRON CORP DE 5.02,9.01 10/15/04 CIRCLE GROUP HOLDINGS INC IL 8.01,9.01 10/08/04 CITIZENS SOUTH BANKING CORP DE 9.01 10/18/04 CKF BANCORP INC DE 2.02,9.01 10/13/04 CLAIBORNE LIZ INC DE 1.01,1.02,2.03,9.01 10/13/04 CNH WHOLESALE RECEIVABLES INC DE 8.01,9.01 10/15/04 COGNEX CORP MA 2.02,9.01 10/18/04 COLORADO COMMUNITY BRAODCASTING INC CO 5.02 10/14/04 COMMUNITY BANKS INC /PA/ PA 2.02,9.01 09/30/04 COMMUNITY FIRST BANKSHARES INC DE 8.01,9.01 10/15/04 COMMUNITY VALLEY BANCORP CA 2.02,9.01 10/18/04 COMPUTER TASK GROUP INC NY 2.02,9.01 10/18/04 Comtech Group Inc MD 2.03,8.01 08/09/04 CONNETICS CORP DE 8.01,9.01 10/14/04 CONSOLIDATED PICTURES CORP DE 2.01,5.01,8.01,9.01 10/12/04 CONTINUUM GROUP C INC NV 1.01,9.01 10/12/04 COOPER COMPANIES INC DE 1.01,9.01 10/18/04 CRAWFORD & CO GA 5.02 10/18/04 CRDENTIA CORP DE 8.01,9.01 06/16/04 AMEND CRDENTIA CORP DE 8.01,9.01 08/09/04 AMEND CRDENTIA CORP DE 3.02,9.01 08/31/04 AMEND CREDIT SUISSE FIRST BOSTON MORTGAGE A DE 8.01,9.01 10/18/04 CSB BANCORP INC /OH OH 9.01 10/18/04 CWABS INC ASSET BACKED CERTIFICATES T DE 8.01,9.01 09/30/04 CWABS Revolving Home Equity Loan Trus DE 8.01,9.01 09/30/04 CWABS Revolving Home Equity Loan Trus DE 8.01,9.01 09/29/04 CWABS Revolving Home Equity Loan Trus DE 8.01,9.01 09/29/04 CWABS Revolving Home Equity Loan Trus DE 8.01,9.01 09/29/04 CWABS Revolving Home Equity Loan Trus DE 8.01,9.01 09/29/04 CWABS Revolving Home Equity Loan Trus DE 8.01,9.01 09/30/04 CWALT INC 8.01 09/30/04 CYPRESS SEMICONDUCTOR CORP /DE/ DE 2.01,9.01 08/04/04 AMEND DALE JARRETT RACING ADVENTURE INC FL 4.01 09/29/04 DARK DYNAMITE, INC NV 8.01,9.01 10/15/04 DELPHI CORP DE 2.02,9.01 10/18/04 DELPHI CORP DE 8.01,9.01 10/18/04 DEUTSCHE MORTGAGE & ASSET RECEIVING C DE 8.01,9.01 10/15/04 DIAMOND OFFSHORE DRILLING INC DE 5.02,8.01,9.01 10/15/04 DIGITAS INC DE 2.01,9.01 10/15/04 DOWNEY FINANCIAL CORP DE 2.02,9.01 09/30/04 DYNTEK INC DE 1.01,2.01,3.02,9.01 10/15/04 E TRADE FINANCIAL CORP DE 2.02,9.01 10/18/04 EAGLE BANCORP INC MD 2.02,7.01,9.01 10/18/04 EAGLE PICHER HOLDINGS INC DE 7.01,9.01 10/15/04 EARTHWORKS ENTERTAINMENT INC DE 5.02 10/14/04 EDUCATION LENDING GROUP INC DE 3.02 10/15/04 ELITE PHARMACEUTICALS INC /DE/ DE 3.02,9.01 10/12/04 ENCYSIVE PHARMACEUTICALS INC DE 8.01,9.01 10/18/04 ENDOCARDIAL SOLUTIONS INC DE 7.01,9.01 10/15/04 ENHERENT CORP DE 1.01,9.01 10/12/04 ENTERPRISE PRODUCTS PARTNERS L P DE 1.01,9.01 09/30/04 AMEND EVANS & SUTHERLAND COMPUTER CORP UT 1.01 10/12/04 EXPONENT INC DE 2.02,7.01,9.01 10/18/04 EYE CARE INTERNATIONAL INC DE 8.01,9.01 08/16/04 AMEND FALCON PRODUCTS INC /DE/ DE 4.01,9.01 10/12/04 FARMERS CAPITAL BANK CORP KY 2.02,9.01 10/15/04 FGI GROUP INC DE 8.01,9.01 10/15/04 FIRST NATIONAL BANCSHARES INC /SC/ SC 2.02,9.01 10/13/04 FIRST NATIONAL BANKSHARES OF FLORIDA FL 2.02,9.01 10/14/04 FIRST NATIONAL COMMUNITY BANCORP INC PA 2.02,9.01 10/18/04 FIRST NIAGARA FINANCIAL GROUP INC DE 2.02,9.01 10/18/04 FIRST UNION NATIONAL BANK COM MORT PA NC 8.01,9.01 10/15/04 FLOWSERVE CORP NY 5.02 10/13/04 FOSTER WHEELER LTD D0 1.01,5.02,9.01 10/14/04 FRANKLIN ELECTRIC CO INC IN 2.02,9.01 10/14/04 FRANKLIN FINANCIAL SERVICES CORP /PA/ PA 8.01,9.01 10/15/04 FREMONT MICHIGAN INSURACORP INC 8.01,9.01 10/18/04 FRISCHS RESTAURANTS INC OH 2.02,9.01 10/18/04 GENERAL BINDING CORP DE 5.02 10/18/04 GENERAL MOTORS ACCEPTANCE CORP DE 8.01 10/15/04 GENERAL MOTORS CORP DE 8.01 10/18/04 GLOBAL CASINOS INC UT 2.02,9.01 09/23/04 GRAINGER W W INC IL 2.02,9.01 09/30/04 GREAT PEE DEE BANCORP INC DE 2.02,9.01 10/14/04 GREENBRIAR CORP NV 2.01,3.02,7.01,9.01 10/12/04 GreenPoint Home Equity Loan Trust 200 DE 8.01,9.01 10/15/04 GreenPoint Home Equity Loan Trust 200 DE 8.01,9.01 10/15/04 Greenwich Capital Commercial Funding 9.01 10/13/04 GS MORT SEC CORP II COMMERCIAL MORT P DE 9.01 10/13/04 GS MORTGAGE SECURITIES CORP DE 8.01 10/14/04 GS MORTGAGE SECURITIES CORP DE 8.01 10/14/04 HALLIBURTON CO DE 7.01 10/15/04 HASBRO INC RI 2.02,8.01,9.01 10/18/04 HAWAIIAN ELECTRIC INDUSTRIES INC HI 1.01 10/12/04 HAWKSDALE FINANCIAL VISIONS INC NV 5.03,8.01,9.01 10/15/04 HERBST GAMING INC NV 1.01,2.03 10/08/04 HOMESTAR MORTGAGE ACCEPTANCE CORP ASS DE 9.01 09/30/04 HQ SUSTAINABLE MARITIME INDUSTRIES, I DE 2.01,9.01 08/17/04 HUNT J B TRANSPORT SERVICES INC AR 2.02,9.01 10/15/04 HYTHIAM INC DE 1.01,7.01,9.01 10/15/04 IA GLOBAL INC DE 2.01,9.01 10/15/04 ICEWEB INC 8.01,9.01 10/12/04 ICG COMMUNICATIONS INC /DE/ DE 5.01,9.01 10/18/04 ICU MEDICAL INC/DE DE 2.02,9.01 10/18/04 IMAGING DIAGNOSTIC SYSTEMS INC /FL/ FL 8.01 10/15/04 IMC GLOBAL INC DE 1.01,9.01 10/15/04 INDEPENDENT BANK CORP MI 9.01 10/15/04 INFORMEDIX HOLDINGS INC NV 5.02,9.01 10/11/04 INTEGRAMED AMERICA INC DE 7.01,9.01 10/18/04 INTELLIGROUP INC NJ 1.01,5.02,7.01,9.01 10/15/04 INTEREP NATIONAL RADIO SALES INC NY 9.01 10/08/04 AMEND INTERNATIONAL BUSINESS MACHINES CORP NY 2.02 10/18/04 INTERNATIONAL LEASE FINANCE CORP CA 9.01 10/18/04 INTERNET COMMERCE CORP DE 5.02 10/14/04 INTERVEST BANCSHARES CORP DE 2.01,9.01 10/18/04 INTERWAVE COMMUNICATIONS INTERNATIONA 1.01,2.03,8.01,9.01 10/16/04 INVITROGEN CORP DE 1.01,5.02,9.01 10/13/04 IRON MOUNTAIN INC/PA PA 8.01,9.01 10/12/04 ISONICS CORP CA 3.02 10/12/04 JACUZZI BRANDS INC DE 5.05 10/12/04 JDA SOFTWARE GROUP INC DE 2.02,9.01 10/18/04 KLA TENCOR CORP DE 8.01,9.01 10/18/04 KMG CHEMICALS INC TX 2.02 10/12/04 KNAPE & VOGT MANUFACTURING CO MI 5.03,9.01 10/15/04 KRAFT FOODS INC VA 2.02,9.01 10/18/04 LEAPFROG ENTERPRISES INC 2.02,9.01 10/18/04 LEUCADIA NATIONAL CORP NY 8.01,9.01 10/18/04 LEXMARK INTERNATIONAL INC /KY/ DE 2.02,9.01 10/18/04 LIFEWAY FOODS INC IL 1.01,9.01 10/01/04 LINCOLN ELECTRIC HOLDINGS INC OH 1.01,5.02,7.01,9.01 10/12/04 LION INC/WA WA 2.01,3.02,9.01 10/12/04 LOGICVISION INC DE 1.01,3.02,9.01 10/13/04 LONE STAR STEAKHOUSE & SALOON INC DE 8.01,9.01 10/15/04 LONE STAR TECHNOLOGIES INC DE 2.02,9.01 10/15/04 LONG ISLAND FINANCIAL CORP DE 2.02,9.01 10/15/04 LOOKSMART LTD DE 5.02,9.01 10/18/04 MACATAWA BANK CORP MI 2.02,9.01 10/18/04 MANAKOA SERVICES CORP NV 4.01 10/15/04 MARCONI CORP PLC X0 8.01 10/18/04 MARCONI CORP PLC X0 8.01 10/18/04 MARSH & MCLENNAN COMPANIES INC DE 8.01,9.01 10/15/04 MARSH & MCLENNAN COMPANIES INC DE 7.01,9.01 10/18/04 MARSHALL & ILSLEY CORP/WI/ WI 8.01,9.01 10/15/04 MATTEL INC /DE/ DE 2.02,7.01,9.01 10/15/04 MAXTOR CORP DE 5.02,9.01 10/18/04 MCCARTHY GRENACHE INC NV 7.01 10/06/04 MEDTOX SCIENTIFIC INC DE 2.02,9.01 10/14/04 MERCURY GENERAL CORP CA 8.01,9.01 10/15/04 MERRILL LYNCH MORTGAGE INVESTORS INC DE 8.01,9.01 10/06/04 Merrill Lynch Mortgage Trust 2004-KEY DE 9.01 10/12/04 MISSION COMMUNITY BANCORP CA 8.01,9.01 10/15/04 MOHEGAN TRIBAL GAMING AUTHORITY 2.02,9.01 10/15/04 MOHEGAN TRIBAL GAMING AUTHORITY 1.01,2.03,9.01 10/14/04 Morgan Stanley ABS Capital I Inc. Tru DE 8.01,9.01 10/15/04 MORGAN STANLEY DEAN WITTER CAP I INC DE 9.01 10/13/04 MORTGAGE ASSET SECURITIZATION TRANSAC DE 8.01,9.01 10/18/04 MOSCOW CABLECOM CORP DE 7.01,9.01 10/18/04 MSC SOFTWARE CORP DE 5.02 10/18/04 NATIONAL CITY CORP DE 8.01,9.01 10/18/04 NATIONAL WATERWORKS INC 5.02,9.01 10/15/04 NESTOR INC DE 1.01,9.01 10/13/04 NISSAN AUTO RECEIVABLES 2004-B OWNER 8.01,9.01 10/15/04 Nissan Auto Receivables 2004-C Owner DE 8.01,9.01 10/15/04 NORSTAN INC MN 5.02,9.01 10/18/04 NORTEL NETWORKS CORP 1.01 06/29/04 AMEND NORTEL NETWORKS LTD 1.01 06/29/04 AMEND NORTHERN EMPIRE BANCSHARES CA 2.02 10/18/04 NSD BANCORP INC PA 1.01,3.03,9.01 10/14/04 NVR INC VA 2.02,9.01 10/18/04 OAK HILL FINANCIAL INC OH 2.02,9.01 10/14/04 OBIE MEDIA CORP OR 2.02,9.01 10/15/04 OCULAR SCIENCES INC /DE/ DE 1.01,9.01 10/18/04 ODYSSEY HEALTHCARE INC DE 2.02,5.02,9.01 10/15/04 OLD POINT FINANCIAL CORP VA 2.02,9.01 10/18/04 OMEGA HEALTHCARE INVESTORS INC MD 1.01,9.01 10/18/04 OMI CORP/M I 2.02,9.01 10/18/04 PARADYNE NETWORKS INC DE 9.01 08/03/04 AMEND PARK NATIONAL CORP /OH/ OH 2.02,9.01 10/18/04 PEC SOLUTIONS INC DE 8.01 10/14/04 PEMCO AVIATION GROUP INC DE 4.01,9.01 10/12/04 PENNROCK FINANCIAL SERVICES CORP PA 2.02 10/18/04 PEOPLES BANCORP INC OH 8.01 10/15/04 PEOPLES FINANCIAL CORP /MS/ MS 2.02,9.01 10/13/04 PEOPLESOFT INC DE 1.01,9.01 10/12/04 PERFORMANCE FOOD GROUP CO TN 2.02,9.01 10/18/04 PHARMION CORP 5.02,9.01 10/15/04 AMEND PHILADELPHIA CONSOLIDATED HOLDING COR PA 2.02 10/14/04 PNM RESOURCES INC NM 7.01 09/30/04 POWER MARKETING INC DE 8.01 10/14/04 POWERHOUSE TECHNOLOGIES GROUP INC DE 9.01 06/18/04 AMEND PREMIER COMMUNITY BANKSHARES INC VA 2.02,9.01 10/13/04 PREMIERWEST BANCORP OR 2.02,9.01 09/30/04 PRESIDENT CASINOS INC DE 2.02,9.01 10/15/04 PRIVATEBANCORP INC DE 2.02 09/30/04 PUBLIC SERVICE CO OF NEW MEXICO NM 7.01 09/30/04 PYRAMID BREWERIES INC WA 2.01,9.01 07/31/04 AMEND RAINIER PACIFIC FINANCIAL GROUP INC 7.01,9.01 10/18/04 RAINIER PACIFIC FINANCIAL GROUP INC 7.01 10/18/04 AMEND RAMP CORP DE 5.02,9.01 10/12/04 REDDY ICE HOLDINGS INC DE 7.01 10/18/04 REMEC INC CA 1.01,9.01 10/15/04 ROYAL GOLD INC DE 1.01,9.01 10/14/04 SANDY SPRING BANCORP INC MD 2.02,7.01,9.01 10/14/04 SCANA CORP SC 8.01,9.01 10/18/04 SCHULMAN A INC DE 1.01,9.01 10/18/04 SCOTTISH RE GROUP LTD E9 7.01,9.01 10/18/04 Sealy Mattress CORP DE 2.02,9.01 10/13/04 SEITEL INC DE 4.01,9.01 10/18/04 SELECT MEDICAL CORP DE 1.01,9.01 10/18/04 SENSIENT TECHNOLOGIES CORP WI 2.02,9.01 10/18/04 SENSUS METERING SYSTEMS BERMUDA 2 LTD 1.01,9.01 10/18/04 SEPRACOR INC /DE/ DE 1.01,9.01 10/15/04 SHAW GROUP INC LA 1.01,5.02 10/13/04 SHIRE PHARMACEUTICALS GROUP PLC 8.01,9.01 10/18/04 SLC STUDENT LOAN RECEIVABLES I INC DE 8.01,9.01 09/30/04 SMITH MICRO SOFTWARE INC DE 5.02,9.01 10/18/04 SONICWALL INC CA 1.01,9.01 10/12/04 SPORTS RESORTS INTERNATIONAL INC MI 8.01,9.01 10/15/04 SS&C TECHNOLOGIES INC DE 2.02,9.01 10/18/04 ST PAUL TRAVELERS COMPANIES INC MN 2.02,8.01,9.01 10/18/04 STAR GAS PARTNERS LP DE 2.02,9.01 10/18/04 STRATTEC SECURITY CORP WI 2.02,9.01 10/14/04 STRUCTURED ASSET MORT INV II INC BEAR DE 8.01,9.01 09/30/04 SUN BANCORP INC /NJ/ NJ 2.02,9.01 10/18/04 SUNOCO LOGISTICS PARTNERS LP DE 8.01,9.01 10/18/04 SUPERTEX INC CA 2.02,9.01 10/02/04 SYSTEMAX INC DE 1.01,9.01 10/12/04 TECHNICAL OLYMPIC USA INC DE 3.01,9.01 10/13/04 TELECOMMUNICATION SYSTEMS INC /FA/ 2.02,9.01 10/13/04 TERCICA INC DE 5.02 10/18/04 TEXAS INSTRUMENTS INC DE 2.02,9.01 10/18/04 TEXAS REGIONAL BANCSHARES INC TX 2.02,9.01 10/18/04 THOMAS PROPERTIES GROUP INC DE 5.03,8.01,9.01 10/12/04 THQ INC DE 1.01,9.01 10/13/04 TIMCO AVIATION SERVICES INC DE 5.02,9.01 10/18/04 TNX TELEVISION HOLDINGS INC NV 8.01 10/18/04 TORCHMARK CORP DE 5.04 10/18/04 TORO CO DE 1.01,5.02,9.01 10/14/04 TRAFFIX INC DE 2.02,9.01 10/15/04 TRANSAX INTERNATIONAL LTD CO 2.02,9.01 10/12/04 AMEND TRANSWITCH CORP /DE DE 2.02,9.01 10/18/04 TRESTLE HOLDINGS INC DE 8.01,9.01 10/15/04 TRINITY LEARNING CORP UT 4.02,7.01,9.01 10/12/04 TUPPERWARE CORP DE 2.02,9.01 10/18/04 U S PHYSICAL THERAPY INC /NV NV 5.02,9.01 10/17/04 UNITED BANCORP INC /MI/ MI 2.02,9.01 10/18/04 UNITEDGLOBALCOM INC DE 7.01,9.01 10/14/04 UNITY WIRELESS CORP DE 8.01 10/18/04 URANIUM RESOURCES INC /DE/ DE 7.01,8.01,9.01 10/18/04 US AIRWAYS GROUP INC DE 1.01,8.01,9.01 10/18/04 VARIAN SEMICONDUCTOR EQUIPMENT ASSOCI DE 5.02,9.01 10/18/04 VAXGEN INC DE 8.01,9.01 10/15/04 VCG HOLDING CORP 2.01,2.03,8.01,9.01 10/08/04 AMEND VERSANT CORP CA 2.05 10/13/04 VIGNETTE CORP DE 2.05 10/13/04 VIRAL GENETICS INC /DE/ DE 3.02,9.01 10/13/04 VIROPHARMA INC DE 1.01,2.03,3.02,9.01 10/18/04 VISTA GOLD CORP 5.02,9.01 10/13/04 VISTEON CORP DE 8.01,9.01 10/18/04 VOLT INFORMATION SCIENCES, INC. NY 9.01 08/02/04 AMEND WACHOVIA COMMERCIAL MORTGAGE SECURITI NC 8.01,9.01 10/14/04 WACHOVIA CORP NEW NC 8.01,9.01 10/18/04 WELLCHOICE INC DE 1.01,9.01 10/15/04 WELLS FARGO ASSET SECURITIES CORP DE 8.01 10/15/04 WELLS GARDNER ELECTRONICS CORP IL 2.02,9.01 10/18/04 WEST BANCORPORATION INC IA 2.01,9.01 10/18/04 WESTERN WATER CO DE 4.01,9.01 10/12/04 WESTSIDE ENERGY CORP NV 1.01 10/13/04 WEYERHAEUSER CO WA 7.01 10/15/04 WHITING PETROLEUM CORP DE 2.02,9.01 10/15/04 WHITING PETROLEUM CORP DE 9.01 09/23/04 AMEND WHOLE FOODS MARKET INC TX 5.02,7.01 10/18/04 WILLIAM LYON HOMES DE 1.01,2.03,9.01 10/12/04 WILSHIRE OIL CO OF TEXAS DE 8.01,9.01 10/13/04 WINTON FINANCIAL CORP OH 2.02,8.01,9.01 10/18/04 WJ COMMUNICATIONS INC CA 5.02,7.01,9.01 10/13/04 WORLD ACCEPTANCE CORP SC 2.02,7.01,9.01 10/18/04 WORLD ACCESS INC /NEW/ DE 1.03,9.01 10/12/04 YAK COMMUNICATIONS INC FL 3.01,8.01,9.01 10/12/04 YUM BRANDS INC NC 5.02,9.01 10/18/04 ZHONE TECHNOLOGIES INC DE 2.02,9.01 10/18/04 ZILA INC DE 2.02,9.01 10/14/04