Securities and Exchange Commission
               Washington, D.C.

    LITIGATION RELEASE NO.  16009 / December 22, 1998

 SECURITIES AND EXCHANGE COMMISSION v., DAVID W. HALL,
 WILLIAM A. HALL, WILLIAM Y. HALL, ROBERT J. NEPRUD, ALAN J.
 SALEM and THOMAS W. WAGNER Civil Action No. 98-10325 AAH
(Mcx)(C.D. Ca.) (Filed December 22, 1998).

   On December 22, 1998, the Commission filed civil fraud
charges in the United States District Court for the Central
District of California against  David W. Hall, William A.
Hall, William Y. Hall, Robert J. Neprud, Alan J. Salem and
Thomas W. Wagner alleging insider trading in the securities
of Norand Corporation ("Norand") prior to the announcement
on January 22, 1997 by Western Atlas Inc. ("Western Atlas")
that it would make a tender offer to purchase Norand’s
shares.

   The Commission’s complaint alleges that Neprud, an
assistant controller of Western Atlas, misappropriated
confidential client information by tipping his friend David
Hall about Western Atlas’ upcoming tender offer for Norand,
then a NASDAQ-listed company. According to the Commission,
David Hall promptly tipped his brother, William Y. Hall, his
father, William A. Hall, and his cousin, Thomas Wagner.
David Hall realized $48,000 in profits, while his brother
and father earned profits of $15,259 and $173,283,
respectively.  It is further alleged that Wagner, who earned
$7,937 in profits and is a securities industry professional,
immediately tipped his father-in-law, Alan Salem, who then
recommended the stock to his brother and three close
friends.  Salem earned profits of $79,875 while the four
individuals he caused to trade realized profits of over
$170,000.  In all, the traders made profits of over $540,000
after the tender offer was announced on January 22, 1997.

   The Commission’s complaint seeks injunctions against
Robert Neprud, David Hall, William Y, Hall, William A. Hall,
Thomas Wagner and Alan Salem for violating Sections 10(b)
and 14(e) of the Securities Exchange Act of 1934 ("Exchange
Act") and Rules 10b-5 and 14e-3 thereunder, as well as
disgorgement of the profits earned by the defendants and
those who were caused to trade.  Finally, the Commission
seeks civil penalties pursuant to the Insider Trading and
Sanctions Act of 1984.