SECURITIES AND EXCHANGE COMMISSION
                                   Washington, D.C.

     Litigation Release No. 15626 / January 28, 1998

     Securities and Exchange Commission v. Atlantic Capital Corporation, Wall
     Street Marketing, Inc., Pullman Publications, Inc., Stephen DeCesare, Mark
     Missler, Patrick Kephart, Howard Jenkins, Scott Mijares, Robert Thomas
     Beatty, Vincent St. Clair Beatty, Michael Cardascia, David Scott Rossman,
     Adrian Wilson, Timothy B. Daley, and David M. Connochie (M.D. Fla.) No. 96-
     1043-CIV-ORL-19A 

          The Commission announced today that two stock promoters, previously
     charged with paying kickbacks to brokers for selling certain securities to
     their clients, have settled the charges against them.  On September 27,
     1996, the Commission filed a Complaint in U.S. District Court for the
     Middle District of Florida alleging that a group of stock promoters engaged
     in an 18-month fraudulent scheme in which they paid $477,580 in bribes to
     seven stockbrokers to induce them to retail securities to the public.  The
     Complaint further alleged that the stock promoters issued promotional
     brochures concerning various public companies without disclosing that they
     were being paid by the companies to issue the brochures.  The Complaint
     alleges that the promoters netted approximately $2.6 million from the
     scheme.

          The settling stock promoters are:

          Patrick Kephart ("Kephart"), age 33, formerly of Apopka, Florida.

          Scott Mijares  ("Mijares ), age 37, formerly of Winter Park,
          Florida.

          Kephart and Mijares consented, without admitting or denying the
     allegations in the Complaint, to the issuance of a Final Judgment by Judge
     Patricia C. Fawsett of the United States District Court for the Middle
     District of Florida enjoining each from future violations of Sections 17(a)
     and 17(b) of the Securities Act of 1933 and Section 10(b) of the Securities
     Exchange Act of 1934 and Rule 10b-5.  Kephart also consented to disgorge
     $25,297.88 in profits he received from the alleged scheme, plus $11,910.71
     in prejudgment interest and to pay a penalty of $25,297.88.  Mijares
     consented to disgorge $19,002.00 in profits he received from the alleged
     scheme, plus $8,946.50 in prejudgment interest and to pay a penalty of
     $19,002.00.

          The Commission s litigation is still pending against four brokers and
     one other stock promoter.

     For further information See Litigation Release No. 15082, September 27,
     1996, Litigation Release No. 15428, August 4, 1997, and Litigation Release
     No. 15532, October 10, 1997. 


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