SECURITIES AND EXCHANGE COMMISSION
                                   Washington, D.C.

          Litigation Release No.  15974  /  November 10, 1998

          SEC v. United Communications, Ltd., et. al,
          (Civil Action No. 95-0400 (JR)) (USDC/DC)

               The Securities and Exchange Commission announced today that
          on November 3, 1998, The Honorable James Robertson, United States
          District Judge for the District of Columbia, entered a Final
          Judgment of Permanent Injunction and Other Equitable Relief
          against defendants Rodney J. Bonvicino and PX Marketing, Inc.
          The Final Judgment, which was entered on consent, permanently
          enjoins these defendants from future violations of Section 17(a)
          of the Securities Act of 1933 and Section 10(b) of  the
          Securities Exchange Act of 1934 and Rule 10b-5, and orders
          Bonvicino to disgorge $600,000, plus prejudgment interest.  It
          further provides that Bonvicino shall satisfy the disgorgement
          through liquidation of his Keogh Plan, with any disgorgement
          amount above the proceeds from the Keogh Plan waived based on
          Bonvicino's demonstrated inability to pay.

               The Commission's Complaint, filed February 27, 1995, alleged
          that,  along  with  twelve  other  defendants,  Bonvicino  and PX
          offered  and  sold  unregistered  securities of limited liability
          companies  purportedly  organized  to   develop   wireless  cable
          television systems.  The Complaint further alleged that defendant
          committed  securities  fraud  by  orchestrating the use  of  high
          pressure  sales  tactics  by telemarketing  sales  organizations,
          which misrepresented and omitted  material  facts  concerning the
          risks and rewards of the ventures.  With the entry of  the  Final
          Judgment  against  Bonvicino  and  PX, the case has been resolved
          against  all  defendants.   There has been  one  distribution  to
          investors from the disgorgement  fund  previously  established in
          the case.  On receipt of Bonvicino's disgorgement and,  upon  the
          approval of the Court, a final distribution will be made.

               For further information, see Litigation Release No. 14424.