SECURITIES AND EXCHANGE COMMISSION
                                   Washington, D.C.

     Litigation Release No.   15792 / June 29, 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 a stock promoter, previously
     charged with paying kickbacks to brokers for selling certain securities to
     their clients, has settled the charges against him.  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 promoter is Howard C. Jenkins ("Jenkins"), age 45,
     formerly of Ovida, Florida.  Jenkins 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 him 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.  Jenkins also consented
     to disgorge $39,500 in profits he received from the alleged scheme, plus
     $19,759.28 in prejudgment interest and to pay a penalty of $10,000. 

          The Commission s litigation is still pending against two brokers.


     For further information See Litigation Release No. 15082, September 27,
     1996, Litigation Release No. 15428, August 4, 1997, Litigation Release No.
     15532, October 10, 1997; Litigation Release No. 15626, January 28, 1998;
     Litigation Release No. 15714, April 21, 1998; and Litigation Release No.
     15727 April 29, 1998.















                              ======END OF PAGE 1======