sec news digest, 05-11-1995issue 95-91 may 11, 1995 enforcement proceedings blythe selden is...

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Issue 95-91 May 11, 1995 ENFORCEMENT PROCEEDINGS BLYTHE SELDEN IS PERMANENTLY BARRED AND HIS REGISTRATION AS AN INVESTMENT ADVISER IS REVOKED The Commission announced an Order Instituting Proceedings, Making Findings and Imposing Remedial Sanctions (Order) against Blythe Olin Selden (Selden), a resident of Linden, Mlchigan and an investment adviser registered with the Commission. The Order found that Selden violated the registration and antifraud provisions of the federal securities laws by engaging in the fraudulent offer and sale of unregistered promissory notes. Specifically, the Order found t.hat; between 1984 and April 1994, Selden, through Shiawassee Shores Retirement Park, Inc. (Shiawassee), a Michigan corporation of which Selden is the sole shareholder, sold at least $5.1 million in unregistered promissory notes to approximately 200 investors in at least four states. Furthermore, the Order found that Selden omitted to state material facts and made material misrepresentations to investors concerning the use of proceeds, the financial condition of Shiawassee and the risks involved in investing. The Order also found that on April 28, 1994, Selden was permanently enjoined by a U.S. District Court from further violations of the registration and antifraud provisions of the federal securities laws. Selden consented to the entry of the Order without admitting or denying the Commission findings, except for the entry of the order of I s permanent injunction. The Commission's Order bars Selden from association with any broker, dealer, investment adviser, investment company or municipal securities dealer and revokes his registration as an investment adviser. (IA-1489)

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Issue 95-91 May 11, 1995

ENFORCEMENT PROCEEDINGS

BLYTHE SELDEN IS PERMANENTLY BARRED AND HIS REGISTRATION AS AN INVESTMENT ADVISER IS REVOKED

The Commission announced an Order Instituting Proceedings, MakingFindings and Imposing Remedial Sanctions (Order) against Blythe Olin Selden (Selden), a resident of Linden, Mlchigan and an investment adviser registered with the Commission. The Order found that Selden violated the registration and antifraud provisions of the federal securities laws by engaging in the fraudulent offer and sale of unregistered promissory notes. Specifically, the Order found t.hat;between 1984 and April 1994, Selden, through Shiawassee Shores Retirement Park, Inc. (Shiawassee), a Michigan corporation of which Selden is the sole shareholder, sold at least $5.1 million in unregistered promissory notes to approximately 200 investors in at least four states. Furthermore, the Order found that Selden omitted to state material facts and made material misrepresentations to investors concerning the use of proceeds, the financial condition of Shiawassee and the risks involved in investing. The Order also found that on April28, 1994, Selden was permanently enjoined by a U.S. District Court from further violations of the registration and antifraud provisions of the federal securities laws.

Selden consented to the entry of the Order without admitting or denyingthe Commission findings, except for the entry of the order ofI s permanent injunction. The Commission's Order bars Selden from association with any broker, dealer, investment adviser, investment company or municipal securities dealer and revokes his registration as an investment adviser. (IA-1489)

COURT FINDS MICHAEL MCINTYRE IN CIVIL CONTEMPT AND ISSUES BENCH WARRANT FORHIS ARREST

On March 7, the United States District Court for the Central District of California entered an Order Adjudging Michael McIntyre in Civil Contempt and issued a bench warrant for McIntyre's arrest. The Commission had requested that the Court hold McIntyre in contempt as a result of McIntyre's failure to comply with a December 19, 1994 Order (Order) of the Court requiring McIntyre to comply with a subpoena duces tecum issued to him by the Commission.

On approximately March 29, 1995, McIntyre was taken into custody by the United States Marshals Service and incarcerated. McIntyre has since complied with the Order by producing documents required by the subpoenato the Commission and has been released from custody. [SEC v. Michael McIntyre, Civil Action No. 94-8036 DT(Ex), C.D. Cal.] (LR-14497)

FEDERAL COURT ORDERS CLIFF SHARFMAN ENJOINED FOR ONE YEAR

The Commission announced that on April 21, following a trial, the Honorable John E. Sprizzo of the United States District Cour~ for the Southern District of New York issued a decision enjoining Cliff Sharfman, a registered representative formerly asso~iated w~th Stratton Oakmont, Inc., from employment in the securities business for a periodof one year. Sharfman was employed by Stratton Oakmont as a broker !rorn April 1989 to July 1990 and also from September 1990 to June 1991. In his decision, Judge Sprizzo found that Sharfman violated the antlfraud provisions of the federal securities laws in that he solicited customers to buy and sell securities for his own benefit and fo~ the benefit of Stratton Oakmont, and not in the best interests of his customers. The Court also ordered Sharfman ~o disgorge ill-gotten gains, in an amount to be determined later. [SEC v. Stratton Oakmont, Inc., et al., 92 C'i.v , 1993, JES] (LR-14498)

INVESTMENT COMPANY ACT RELEASES

COLUMBIA VENTURES, INC.

An order has been issued under Section 8(f) of the Investment CompanyAct declaring that Columbia Ventures, Inc. has ceased to be an investment company. (Rei. IC-21058 - May 10)

2 NEWS DIGEST, May 11, 1995

NIKE SECURITIES L.P., ET AL.

An order has been issued on an application filed by Nike Securities,L.P., et al., under Section 6(c) of the Investment Company Act for an exemption from Sections 2 (a) (32), 2 (a) (35), 22 (d), and 26 (a) (2) of the Act, and Rule 22c-1 thereunder, and under Section 11(a} of the Act for an exemption from Section 11 (c) of the Act. The order permitsapplicants to assess a deferred sales charge on trust units, and to waive such charge in certain instances. The order also permitsexchanges of trust units having front-end and deferred sales charges.(Rel. IC-21059 - May 10)

SELF-REGULATORY ORGANIZATIONS

PROPOSED RULE CHANGES

The Philadelphia Stock Exchanae fi:ed a proposed rule change (SR-PHLX-95-13) to amend PHLX Rules 1001, "Poa i t Lon Limits," and 1002, "Exercise Limits," to increase the position and exercise limits for foreigncurrency options to 200,000 contracts. Publication of the notice is expected in the Federal Register curing the week of May 15. (ReI. 34-35688)

The Philadelphia Stock Exchange filed a proposed rule change (SR-PHLX-95-16) to amend PHLX Rules 1001A, "Poai.t.Lon Limits,11 and l002A,I1Exercise Limits," to increase the position and exercise limits for industry index options from 5,500, 7,500, or 10,500 contracts to 6,000,9,000, or 12,000 contracts. Publication of the notice is expected in the Federal Register during the week of May 15. (Rel. 34-35694)

The Philadelphia Stock Exchanae filed a proposed rule change (SR-PHLX-95-22) that would list and trade options on the Phlx Super Cap Index, a capitalization weighted index developed by the Phlx composed of the five largest stocks, by capitalization, traded on the New York Stock Exchange. Publication of the notice is expected in the Federal Registerduring the week of May 15. (ReI. 34-35699)

IMMEDIATE EFFECTIVENESS OF PROPOSED RULE CHANGE

A proposed rule change {SR-Amex-95-16} filed by the American Stock Exchange relating to minimum fractions of trading in Standard & Poor's MidCap 400 Depositary Receipts has become effective pursuant to Section 19(b) (3) (A) of the Securities Exchange Act of 1934. Publication of the filing is expected in the Federal Register during the week of May 15. (Rel. 34-35689)

NEWS DIGEST, May 11, 1995 3

APPROVAL OF PROPOSED RULE CHANGES

The Commission approved a proposed rule change (SR-CBOE-95-06) submitted by the Chicago Board Options Exchange to grant the senior person in charge of the Control Room the authority to turn off the Retail Automatic Execution System (RAES) if there is a system malfunction that affects the Exchange's ability to disseminate or update market quotes.Publication of the approval order is expected in the Federal Registerduring the week of May 15. {ReI. 34-35695}

The Commission approved a proposed rule change filed by the National Securities Clearing Corporation (SR-NSCC-94-19) which enables NSCC to offer same-day money settlement capabilities as part of its Fund/Servservice. (ReI. 34-35696)

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 ~r.e 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.

S-1 BOATRACS INC ICAI, 6440 LUSK BLVD, STE D201, SAN DIEGO, CA 92121 (619) 587-1981 - 4,660,538 ($7,410,255.42) COMMON STOCK. (FILE 33-91284 -MAY. 04) (BR. 1)

F-' PORTUGAL TELECOM SA, AV FONTES PEREIRA DE MELO 40, 1089 LISBOA CODEX,PORTUGAL, S1 - 10,580,000 ($225,142,400) FOREIG~ COMMO~ STOCK. (FILE33-91762 - MAY. 01) (BR. 7 - NEW ISSUE)

F-1 TESMA INTERNATIONAL INC, 300 EDGELEY BLVD. CONCORD ONTARIO. A6 -1,500,000 ($11,250,000) WARRANTS, OPTIONS OR RIGHTS. UNDERWRITER:HARRIS NESBITT THOMSON SECURITIES INC, RBC DOMINION SECURITIES CORP,RICHARDSON GREENSHIELDS SECURITIES INC. SCOTIAMCLEOD USA INC. (FILE33-91784 - MAY. 01) (BR. 4 - NEW ISSUE)

SB-2 CYTOCLONAL PHARMACEUTICS INC IDE, 900 HARRY HINES BLVD, DALLAS, TX 75235 (214) 353-2922 - 6,580,000 ($47,600,000) COMMON STOCK. 140,000 ($140)WARRANTS, OPTIONS OR RIGHTS. 420,000 ($3,360,000) COMMON STOCK.UNDER~ITER: JANSSEN MEYERS ASSOCIATES LP. (FILE 33-91802 - MAY. 02)(BR. 4 - NEW ISSUE)

S-3 FLEETWOOD CREDIT RECEIVABLES CORP, 22840 SAVI RANCH PKWY, PO BOX 87024,YORBA LINDA, CA 92613 (714) 921-3400 - 1,000,000 ($1,000,000)EQUIPMENT TRUST CERTIFICATES. (FILE 33-91848 - MAY. 03) (BR. 11)

4 NEWS DIGEST, May 11, 1995

REGISTRATIONS CONT.

S-1 FRUEHAUF TRAILER CORP, 111 MONUMENT CIRCLE STE 3200, INDIANAPOLIS, IN 46204 (317) 630-3000 - 5,583,814 (S13,597,180) COMMON STOCK. (FILE33-91850 - MAY. 03) (BR. 4)

S-8 HEALTH POWER INC IDEI, 1209 ORANGE ST, WILMINGTON, DE 43017 (614) 461-9900 - 120,000 (S1,89D,OOO) COMMON STOCK. (FILE 33-91852 -MAY. 03) (BR. 10)

S-8 TRIMBLE NAVIGATION LTD ICAI, 585 NORTH MARY AVENUE, SUNNYVALE, CA 94088 (408) 481-2900 - 600,000 (S11,250,OOO) COMMON STOCK. (FILE 33-91858 -MAY. 03) (BR. 7)

S-8 COMMAND CREDIT CORP, 100 GARDEN CIlY PLAZA, GARDEN CITY, NY 11530 (516) 739-8800 - 10,000,000 (S780,000) COMMON STOCK. (FILE 33-91860 -MAY. 03) (BR. 6)

S-8 NUOASIS GAMING INC, 2 PARK PLAZA, STE 470, IRVINE, C~ 92714 (714) 553-3270 - 1,200,000 (S120,OOO) COMMON STOCK. (FILE 33-91862 -MAY. 03) (BR. 5)

S-8 EDISON CONTROLS CORP, 140 ETHEL RD WEST, PISCATAWAY, NJ OB854 (908) 819-8800 - 150,000 (S750,000) COMMON STOCK. (FILE 33-91864 -MAY. 03) (BR. 7)

S-3 CHATEAU PROPERTIES INC, 19500 HALL RD, CLINTON TOWNSHIP, M! 48038 (810) 286-3600 - 335,460 ($6,876,930) COMMO~ STOCK. (FILE 33-91868 -MAY. 03) (SR. 6)

S-11 FELCOR SUITE HOTELS INC, 5215 N OCONNOR BLVD STE 330, WILLIAMS SQUARE,IRVING, TX 75039 (214) 869-8180 - 3,450,000 ($80,764,500) COMMON STOCK. (FILE 33-91870 - MAY. 04) (BR. 5)

S-1 ADFLEX SOLUTIONS INC, 2001 WEST CHANDLER BOULEVARD, CHANDLER, AZ 85224 (602) 963-4584 - 2,070,000 ($48,903,750) COMMON STOCK. UNDERWRITER: PAINEwEBBER INC, ROBERTSON STEPHENS & CO. (FILE 33-91872 - MAY. 04)(BR. 3)

S-3 INDUSTRIAL SCIENTIFIC CORP, 1001 OAKDALE RD, OAKDALE, PA 15071 (412) 778-4353 - 200,000 ($3,926,000) COMMON STOCK. (FILE 33-91878 -MAY. 04) (BR. 8)

s-3 CROWN AMERICAN REALTY TRUST, PASQUERILLA PLAZA, JOHNSTOYN, PA 15907 (814) 536-4441 - 8,502,000 (S105,743,625)COMMON SHARES OF BENEFICIAL INTEREST. (FILE 33-91880 - MAY. 04) (BR. 5)

5-8 FIFTH DIMENSION INC, 801 NEw YORK AVE, TRENTON, NJ 08638 (609) 393-8350 - 500,000 (S1,815,000) COMMON STOCK. (FILE 33-91882 - MAY. 04) (BR. 3)

5-8 FIFTH DIMENSION INC, 801 NEw YORK AVE, TRENTON, NJ 08638 (609) 393-8350 - 500,000 (S1,815,OOO) COMMON STOCK. (FILE 33-91884 - MAY. 04) (8R. 3)

5-8 WOOLWORTH CORPORATION, WOOLWORTH BLDG, 233 BROADwAY, NEW YORK, NY 10279 (212) 553-2000 - 6,000,000 (S91,875,OOO) COMMON STOCK. (FILE 33-91886 -MAY. 04) (BR. 2)

NEWS DIGEST, May 11, 1995 5

REGISTRATIONS CONT.

S-8 WOOLWORTH CORPORATION, WOOLWORTH BLDG, 233 BROADWAY, NEW YORK, NY 10279 (212) 553-2000 - 8,000,000 ($122,500,000) COMMON STOCK. (FILE 33-91888 -MAY. 04) (BR. 2)

S-8 STOP & SHOP COMPANIES INC /DE/, 1385 HANCOCK STREET, QUINCY, MA 02169 (617) 380-8000 - 1,000,000 (S26,380,000) COMMON STOCK. (FILE 33-91892 -MAY. 04) (BR. 2)

S-8 VISTA 2000 INC, 11660 ALPHARETTA HWY, STE 330, ROSWELL, GA 30076 (404) 751-3776 - 80,000 (S165,000) COMMON STOCK. (FILE 33-91894 - MAY. 04) (BR. 5)

S-8 DAVSTAR INDUSTRIES LTD, 3050 REDHILL AVENUE, COSTA MESA, CA 92626 (714) 668-5858 - 3,660,000 (S10,636.875) COMMO~ STOCK. (FILE 33-91900 -MAY. 04) (BR. 5)

RECENT 8K FILINGS

Form 8-K is used by companies to file current reoorts on the following events:

Item 1. Cnanges in Control of Registrant.Item 2. Acquisition or Disposition of Assets.Item 3. BanKruptcy or Receivership.Item 4. Changes in Registrant's Certifying Ac:ountant.Item 5. Other Materially Important Events.Item 6. Resignations of Registrant's Directors.Item 7. Financial Statements and Exhibits.Item 8. Change in Fiscal Year.

The companies listed below have filed 8-K reports for the aate indicated and/or amendments to 8-K reports prevjouslyfiled. responding to the item(s) of the form specified. Copies of the reports may be purChased from the Commission'sPublic Reference Room (when ordering. please give the aate of the report). An invoice will be included wit~ therequested material when mailed.

STATE 8K ITEM NO. NAME OF ISSUER COOE 123 4 5 678 DATE COMMENT ---------------------------------------- --------------- ---------------HOME THEATER PROOUCTS INTERNATIONAL INC HOMELAND HOLDING CORP HOMELAND HOLDING CORP HUDSON TECHNOLOGIES INC /NY IDENTIX INC INTEGRATED SECURITY SYSTEMS INC INTILE DESIGNS INC KIDDER PEABOOY ACCEPT CORP I COHM MOR PA KIMBERLY CLARK CORP LEE ENTERPRISES INC

NY DE DE NY CA DE DE

DE DE

X X

X

X

X X X

X X

X

X X

X X

X

04/28/9504/21/9504/21/95AMEND04/21/9505/05/9505/02/9502/21/95AMEND04/03/9505/09/9503/31/9SAMEND

6 NEWS DIGEST, May 11, 1995

8K FILINGS

STATE 8K ITEM NO. NAME OF ISSUER CODE 123 4 5 678 DATE COMMENT --------- ..---.------------------------- .. _-- .... _--- ... _--- - .. _---_ .. _---_ ...... LEGENT CORP DE X 04/25/95LIN BROADCASTING CORP DE X X 04/28/95MARBLEDGE GROUP INC DE X X 04/17/95AMENDMARION MERRELL DOU INC DE X 05/03/95MARSHALLTOWN FINANCIAL CORP DE X 04/17/95MAUl LAND & PINEAPPLE CO INC HI X X 12/31/95MEDICAL RESOURCES INC /DE/ DE 02/24/95AMENDX MERIDIAN POINT REALTY TRUST IV CO MO X X 04/28/95MERIDIAN POINT REALTY TRUST VI CO MO X X 04/28/95MIDDLE BAY OIL CO INC AL X X 02/23/95AMENDMLH INCOME REALTY PARTNERSHIP V NY X X 05/04/95MONEY STORE INC ASSET BACKED NOTES SERlE X 04/17/95MONEY STORE INC EDUCAID STUDENT LOAN TRU x 04/17/95NEXSTAR PHARMACEUTICALS INC DE 02/21/95x NORTHEAST FEDERAL CORP DE X 05/04/95NORTHERN STATES POYER CO /WI/ WI X NUMEREX CORP /PA/

05/08/95NY X 04/21/95ONEOK INC DE x 05/05/95ONYX ACCEPTANCE GRANTOR TRUST 1994-1 DE x 04/17/95

PEDIATRIC SERVICES OF AMERICA INC DE X X 03/31/95AMENDPIONEER GROUP !NC DE 05/03/95X PRUDENTIAL HOME MORTGAGE SECURITIES COMP DE )( X 05/05/95PRUDENTIAL SECURITIES FINANCIAL ASSET FU DE X X 05/01/95PULSE ENGINEERING INC / DE DE )( 04124/95R&G fEDERAL MORTGAGE TRUST 1994-' X X 04/25/95R&G MORTGAGE TRUST 1994-2 x X 04/24/95R&G MORTGAGE TRUST 1994-3 )( 04/24/95X

RAYTHEON CO DE )( X 04/29/95RESOLUTION TRUST CORP )t 04/27/95X ROSES STORES INC DE X 04/28/95SEARS ROEBUCK & CO NY X X 04/25/95SHO ME FINANCIAL CORP DE X X 05/04/95SIGMA ALPHA ENTERTAINMENT GROUP LTD /DE/ DE X X 04/25/95STEWART & STEVENSON SERVICES INC TX X 05/03/95STlMSONITE CORP DE X X 04/28/95SYLVAN LEARNING SYSTEMS INC MD X X 05/05/95TRANSWORLD INSURANCE CO ASSET BACKED NOT X 04/17/95TRANSWORLD INSURANCE CO EDUCAID STUDENT 04/17/95X TRAVELERS INC DE X UNITEL VIOEO INC/DE

05/09/95DE X 02/24/95AMEND

VIACOM INC DE X X 05/08/95VIDEO LOTTERY TECHNOLOGIES INC/DE DE X X 04/21/95WELLINGTON PROPERTIES TRUST MD X X 05/05/95WESTMORELAND COAL CO DE X 05/05/95WFS REPUBLIC INC CA X X 04/25/95WHITTAKER CORP DE X X 04/24/95WORLD OMNI DEALER FUNDING INC FL X 04/25/95X RITE INC MI X OS/08/95AMEND2 I INC WA X X 05/02/95

NEWS DIGEST, May 11, 1995 7

8K REPORTS CONT.

STATE 81( ITEM NO.NAME OF ISSUER CODE 1 2 3 4 5 6 7 8 DATE COMMENT

ADVANTA HOME EQUITY LOAN TRUST 1994-4 NY X X 01/25/95ADVANTA HOME EQUITY LOAN TRUST 1994-4 NY X X 02/27/95AOVANTA HOME EQUITY LOAN TRUST 1994-4 NY X X 03/27/95ADVANTA HOME EQUITY LOAN TRUST 1994-4 NY X X 04/25/95AOVANTA HOME EQUITY LOAN TRUST 1995-1 NY X X 04/25/95ALAMAR BIOSCIENCES INC CA X 04/28/95ALLIANCE SEMICONDUCTOR CORP/DE/ DE X X 04/15/95AMERICAN ENTERPRISES INC NV X X 04/19/95AMERICAN MEDICAL RESPONSE INC DE X X 05/01/95AMERICAN SAFETY RAZOR CO DE X 05/03/95AMPEX CORP /DE/ DE X 04/17/95AMRE INC DE X X 04/28/95ARETHUSA OFF SHORE LIMITED X X 04/25/95AVCO FINANCIAL SERVICES INC DE X 05/01/95AVIVA PETROLEUM INC /TX/ TX X X 05/01/95BALCOR REALTY INVESTORS 83 II X X OS/24/95BALL CORP IN X X 04/26/95BARRETT BUSINESS SERVICES INC MD X X 04/26/95BEL FUSE INC /NJ NJ x X 05/01/95BELO A II CORP DE X X 02/22/95BIOCONTROL TECHNOLOGY INC PA X X 04/07/95BIRMINGHAM UTILITIES INC CT X 04/26/95BULLET SPORTS INTERNATIONAL INC DE X X X 06/02/94AMENCCABARET ROYALE CORP DE X X 01/30/95CALIFORNIA BANCSHARES INC DE X X 04/18/95CALIFORNIA FEDERAL BANK CA X X 11/17/94CASh CAN INC DE X 02/28/95CELLCOR INC DE X X 04/24/95CELLULAR COMMUNICATIONS INTERNATIONAL IN DE X X 04/28/95CELTRIX PHARMACEUTICALS INC DE X X 04/28/95CHARLIE 0 COMPANY INC OK X X X 12/29/93CHASE MANHATTAN CORP DE x X 05/02195CHASE MANHATTAN CREDIT CARD MASTER TRUST DE X X 03/15/95CHASE MANHATTAN CREDIT CARD MASTER TRUST DE X X 04/17/95CHASE MANHATTAN CREDIT CARD MASTER TRUST DE X X 04/17/95CHESAPEAKE ENERGY CORP DE X X 04/26/95CHESTER HOLDINGS LTD CO X 04/27/95CIGNA CORP DE X X 05/02/95CIS CAPITAL EQUIPMENT FUND LTD 2 FL X 03/31/95CITIBANK SOUTH DAKOTA N A DE X 04/28/95CITIBANK SOUTH DAKOTA NA STANDARD CREDIT DE X 04/28/95GMC SECURITIES CORP IICOASTAL FINANCIAL CORP /DE

DE X X 04/25/95DE X X 04/25/95CODA ENERGY INC DE X X 05/02/95COHO ENERGY INC TX X X 04/25/95COMMUNITY FIRST BANKSHARES INC DE X X 01/01/95CONSOLIDATED HYDRO INC DE X X 05/02195COUNTRY WORLD CASINOS INC NV X X 04/17/95

C~BS INC MORT PASS THRO CERT SER 1995 G DE X X 04/01/95C~BS INC MORTGAGE PASS THROUGH CERTIFIC DE X X 04/01/95CYGNUS THERAPEUTIC SYSTEMS CA X X 04/18/95

8 NEWS DIGEST, May 11, 1995

8K REPORTS CONT.

STATE 81( ITEM NO. NAME OF ISSUER CODE 1 2 3 4 5 6 7 8 DATE COMMENT

DATAMAP INC /MN/ MN x 02/28/95AMENDDEKALB GENETICS CORP DE x 04/28/95DISCOVER CARD MASTER TRUST I DEDUNES HOTELS & CASINOS INC NV

x x 04/19/95x 04/26/95

ECHOSTAR COMMUNICATIONS CORP NV X 05/01/95ENVIRONMENTAL RECOVERY SYSTEMS INC FL NO ITEMS 12/30/94AMENDENVIRONMENTAL RECOVERY SYSTEMS INC FL X X 02/28/95AMENOEQCC ASSET BACKED CORP DE X 04/25/95EQCC RECEIVABLES CORP DE X 04/25/95F&E RESOURCE SYSTEMS TECHNOLOGY INC MO x 04/10/95FALCON OIL & GAS CO INC CO x 11/30/94AMENDFALCON OIL & GAS CO INC CO x 11/30/94AMENDFALCON OIL & GAS CO INC CO x x 04/28/95fIRST CITIZENS BANCSHARES INC /DE/ DE }( x 04/25/95FLORIDA FIRST BANCORP INC fl x x 05/01/95FORREST CITY FINANCIAL CORP DE x x 04/28/95FRANKLIN OPHTHALMIC INSTRUMENTS CO INC DE x x 04/01/95FREMONT GENERAL CORP NV )( x 02!22/95AMENDFUSION SYSTEMS CORP DE )( )( 04/19/95FUTU~E NOW INC Oli II ~ 04/28/95GENERAL PARCEL SERVICE INC }(

GOLDEN ORE INC/DE/ FL 02/10/95OE x )( 04/21/95

GOTHIC ENERGY CORP OE )( )( 04/17195GRAPHIX ZONE INC ell x x 05/01/95GUARANTEED TRADE TRUSTS OE )( x x 04/26/95HAMILTON DIGITAL CONTROLS INC NY X 04/28/95HEALTHDYNE TECHNOLOGIES INC GA It. X 04/20/95HNB FINANCIAL GROUP CA X 04/28/95HOMECORP INC DE X X 05/02/95HUMAN GENOME SCIENCES INC DE X X 04/13/95AMENDHUNTINGTON BANCSHARES INC/MD Me x x 04/28/95HUNTINGTON RESIDENTIAL MORTGAGE SECURITi OH x x 04/30/95HYUNDAI AUTO RECEIVABLES TRUST 1993-A DE x 04/17/95IN HOME HEALTH INC /MN/ MN x 05/02/95INDIANA ENERGY INC IN x 05/04/95INDIANA GAS CO INC IN x 05/04/95INFORMATION DISPLAY TECHNOLOGY INC NY x x x 04/26/95INSITUFORM TECHNOLOGIES INC DE x x 04/28/95INTEK DIVERSIFIED CORP DE x x 04/24/95INTERNATIONAL NURSING SERVICES INC CO x X 05/01/95INVESTORS REAL ESTATE TRUST NO NO ITEMS 04/28/95IO\JA BAN CORP INC DE X X 04/25/95JEFFERSON BANCORP INC /LA/ LA X X 04/18/95JEFFERSON BANCORP INC /LA/ LA X X 04/26/95KCO HOLDINGS INC NV X X 04/21/95KEYCORP STUDENT LOAN TRUST 1995-A NY X X 04/27/95KRAUSES FURNITURE INC DE X 04/28/95LAFAYETTE INDUSTRIES INC DE X X 04/24/95LANDMARK BANCSHARES INC KS X X 04/24/95LASERGATE SYSTEMS INC FL X 02/15/95AMENDLEHMAN ABS CORP DE X X 05/01/95

NEWS DIGEST, May 11, 1995 9

8K REPORTS CONT.

STATE 8K ITEM NO.NAME OF ISSUER COOE 1 2 3 t. 5 6 7 8 DATE COMMENT

LEHMAN ABS CORP FHA TITLE I LOAN ASSET B DE X X 05/01/95LEHMAN ABS CORP LEHMAN HOME LOAN TRUST 1 DE X X 05/01/95LLOYDS SHOPPING CENTERS INC NY X 02/14/95LNH REIT INC MD X X 04/20/95LOCKHEED MARTIN CORP MD X X 05/04/95LOEWEN GROUP INC X X 03/17/95AMENDLONG ISLAND BANCORP INC DE NO ITEMS 04/25/95LOYOLA CAPITAL CORP MD X X 04/28/95LSI lOGIC CORP DE X 01/26/95M MORTGAGE INC 1993-C x 11/15/94MAJOR REALTY CORP DE )( 04/21/95MATTHEWS STUDIO EQUIPMENT GROUP CA )( 04/21/95MBLA FINANCIAL CORP DE X 04/28/95MEDICAL DIAGNOSTICS INC/DE DE X X 05/02/95MERCOM INC DE X X 05/04/95MERIDIAN POINT REALTY TRUST VIII CO/MO MO X X 04/24/95MID IOWA FINANCIAL CORP DE X 04/19/95MIDLAND COGENERATION VENTURE LIMITED PAR HI l( X 05/01/95MILTOPE GROUP INC DE X 04/11/95AMENDMONE~ STORE INVESTMENT CORP N~ ~)( 09/19/9L.MONEY STORE INVESTMENT CORP IjJ X 09/20/94MONEY STORE OF NEW YORK INC N'T x X 09/19/94MONEY STORE OF NEW YORK INC NY X 09/20/94MONEY STORE 1993-C X 11/15/94MSB 8ANCORP INC /DE DE X X 04/25/95NATIONAL INCOME REALTY TRUST CA X X 04/01/95NEWMIl BANCORP INC DE X 04/18/95NEXTEL COMMUNICATIONS INC/DE/ DE )( X 04/25/95NORTHERN STATES POWER co /MN/ MN X X 04/28/95NU TECH BIO MED INC DE x X 04/20/95NUMED HOME HEALTH CARE INC NV X X 04/04/95OASIS RESIDENTIAL INC NV X X 03/28/95OLD POINT FINANCIAL CORP VA X 06/30/95OLD POINT fINANCIAL CORP VA X 06/30/95OPTElECOM INC DE X X 05/02/95OPTlMAX INDUSTRIES INC CO X 02/13/95AMENDPACKAGING RESEARCH CORP CO 04/28/95X PHARMOS CORP NV X PHYSICIAN COMPUTER NETWORK INC /NJ

04/11/95AMENDNJ X X 04/24/95

PLAINS PETROLEUM CO DE X X 05/02/95QUIXOTE CORP DE X 04/03/95RANGER INTERNATIONAL INC FL X 05/02/95AMENDREGAL CINEMAS INC TN X X 04/17/95REPUBLIC ENGINEERED STEELS INC DE X X 04/28/95RIDDELL SPORTS INC DE X 04/26/95ROCK FINANCIAL CORP tWIt WI X 04/18/95SCHAWK INC DE X X 04/26/95SECURITY NATIONAL FINANCIAL CORP UT X X 03/08/95SFC FINANCIAL CORP /CO/ CO X X X X 04/11/95SHONEYS INC TN X X 04/18/95SKY80X INTERNATIONAL INC DE X X 04/25/95

1.0 NEWS DIGEST, May 11, 1995

8K REPORTS CONT.

STATE 8K ITEM NO. NAME OF ISSUER CODE 12345 678 DATE COMMENT ---------------------------------------- --------------- ----------_ .. _- .. SMITH BARNEY SHEARSON HOLDINGS INC /DE/ DE X 04/27/95SMR NATURAL GAS INCOME FUND 1995-A L P DE X X 04/20/95SOMERSET GROUP INC IN X 05/03/95AMENDSOUTHERN PACIFIC TRANSPORTATION CO DE X 04!27195AMEND SPORTS MEDIA INC DE X 04/27/95STAR CASINOS INTERNATIONAL INC CO X X 03/15/95AMENDSTUARTS DEPARTMENT STORES INC DE X 05/03/95SUNRISE RESOURCES INC\MN MN X 02/13/95AMENDSYMBOLICS INC DE X X 03/31/95SYSTEMS ASSURANCE CORP /PA/ DE 05/01/95X TELE COMMUNICATIONS INC /CO/ DE X X 05/04/95THERAPY LASERS INC NV X 04/17195THERMO REMEDIATION INC DE X X 04/26/95TOP SOURCE TEChNOLOGIES INC DE X 04/13/95TRINET CORPORATE REALTY TRUST INC X X 04/18/95UAL CORP /DE/ DE X 05/02/95UDC HOMES INC DE X X 05/01/95UDC HOMES INC DE X 05/03/95AMENDUNION TEXAS PETROLEUM HOLDINGS INC DE It 05/04/95UNITED HEALTHCARE CORP HI-! X X 05/01,/95UNITED STATES FILTER CORP DE X X 05/03/95VINLAND PROPERTY TRUST CA K X 0[,/01/95WANG LABORATORIES INC DE X 05/02/95WILEY JOHN & SONS INC NY )( 04/28/95WILLIAMS COMPANIES INC DE X 05/01/95WISCONSIN ENERGY CORP WI x X 04/28/95WISMER MARTIN INC WA X 04/26/95WORLD COLOR PRESS INC /DE/ DE X 03/17/95AMENDZIEGLER MORTGAGE SECURITIES INC II WI X X 04/'1/95ADVANCED NMR SYSTEMS INC DE X X 05/02/95AMERCO /NV/ NV X 04/25/95AMERICA ONLINE INC DE X 05/04/95AMERICAN ENTERTAINMENT GROUP INC CO X 05/01/95AMERIGAS PARTNERS LP DE X X 04/19/95ARBOR HEALTH CARE CO /DE/ DE X 04/28/95BANK OF KENTUCKY FINANCIAL CORP KY X 04/24/95BAYOU STEEL CORP DE X X 05/02/95BDR INDUSTRIES INC DE X X X 12/01/94AMENDBIOSOURCE INTERNATIONAL INC DE X 05/04/95BIOSYS INC /CA/ DE X X 04/28/95BMC WEST CORP DE X 04/03/95AMENDBOMBARDIER CRE RE COR BO RE MA TR I FI R DE X X 04/17/95CHATTEM INC TN X X 04/11/95CHEMICAL BANKING CORP DE X 05/05/95CHEUNG LABORATORIES INC MD X 05/03/95CIRCLE FINANCIAL CORPORATION OH X X 05/03/95COCENSYS INC DE X X 04/25/95CONAIR CORP/DE/NEW DE X 12/31/94AMENDCONSOLIDATED PRODUCTS INC /IN/ IN X X 04/04/95CONTINENTAL CHOICE CARE INC NJ X 04/26/95CWMBS INC MORTGAGE PASS THROUGH CERTIFIC DE X X 04/01/95DAIMLER BENZ AUTO GRANTOR TRUST 1993-A DE X X 04/17/95

NEWS DIGEST, May 11, 1995 11

8K REPORTS CONT.

STATE 8K ITEM NO. NAME OF ISSUER CODE 123 4 5 678 DATE COMMENT --~- ..-------------------.-------------- --------------- ---------------DAIMLER BENZ VEHICLE RECEIVABLES CORP X X 04/17/95DATASCOPE CORP DE X X 04/27/95DELTA COMPUTEC INC NY X X 05/01195DOSKOCIL COMPANIES INC DE X X 04/29/95DRECO ENERGY SERVICES LTD AO X 05/03/95EAST TEXAS FINANCIAL SERVICES INC DE X X 05/01/95EXCEL CREDIT CORP COMMERCIAL PASS THRO C DE )( X 05/01/95FALCON BUILDING PRODUCTS INC DE X 04/27/95FDIC REMIC TRUST 1994-C1 NY x X 04/25/95FINGERHUT RECEIVABLES INC DE X 12/18/95FIRST CITY BANCORPORATION OF TEXAS INC / DE X X 04/20/95FOOD LIO~ INC NC X X 05/05/95FROST HANNA ACQUISITION GROUP INC FL X x 05/03/95FROST HANNA MERGERS GROUP INC FL X X 05/03/95GATEWAY MORTGAGE ACCEPTANCE CORP DE x X 04/27195GE CAPITAL MORTGAGE SERVICES INC HJ X x 04/25/95GREENWICH CAPITAL ACCEPTANCE INC MOR PAS X X 03/26/95HI RISE RECYCLING SYSTEMS INC FL X 02/23/95AMENDHORACE MANN EDUCATORS CORP /DE/ DE X X 05/03/95INOTEK TECHNOLOGIES CORP DE )I X 05/01/95INTEGON CORP /DE/ DE X x 04/27/95INTERNATIONAL RESEARCH & DEVELOPMENT COR DE II X 05/04/95INTERWEST HOME MEDICAL INC UT X X 05/02/95KRANZCO REALTY TRUST MD X X 04/20/95LAKE ARIEL BANCORP INC PA x X 04125/95LAKEVIEW FINANCIAL CORP INJ/ NJ l( X 04/10/95M MORTGAGE INC 1995-A ]I. 04/17/95MARCAM CORP MA X X 04/27/95MEDALIST INDUSTRIES INC WI X X 04127/95MERRILL LYNCH MORTGAGE INVESTORS INC DE X 01/15/95MERRILL LYNCH MORTGAGE INVESTORS INC DE X 01/25/95MERRILL LYNCH MORTGAGE INVESTORS INC DE X 02/15/95MERRILL LYNCH MORTGAGE INVESTORS INC DE )( 02/25/95MONEY STORE CALIFORNIA INC 1995-A X 04/17/95MONEY STORE CONNECTICUT INC 1995-A X 04/17/95MONEY STORE 0 C INC 1995-A X 04/17/95MONEY STORE DELAWARE INC 1995-A X 04/17/95MONEY STORE EMPIRE STATE INC 1995-A X 04/17/95MONEY STORE FINANCIAL CO INC 1995-A X 04/17/95MONEY STORE FLORIDA INC 1995-A X 04/17/95MONEY STORE GEORGIA INC 1995-A X 04/17195MONEY STORE HOME EQUITY CORP 1995-A X 04/17/95MONEY STORE ILLINOIS INC 1995-A X 04117/95MONEY STORE INDIANA INC 1995-A X 04/17/95MONEY STORE KENTUCKY INC 1995-A X 04117/95MONEY STORE MAINE INC 1995-A X 04/17/95MONEY STORE MARYLAND INC 1995-A X 04/17/95MONEY STORE MASSACHUSETTS INC 1995-A X 04/17/95MONEY STORE MICHIGAN INC 1995-A X 04/17/95MONEY STORE MINNESOTA INC 1995-A X 04/17/95MONEY STORE MISSOURI INC 1995-A X 04117195

12 NEWS DIGEST, May 11, 1995