UNITED STATES SECURITIES AND EXCHANGE COMMISSION

             Litigation Release No.  15849 / August 17, 1998

             SECURITIES  AND  EXCHANGE  COMMISSION v. MARSHALL E. MELTON;
             ASSET MANAGEMENT & RESEARCH,  INC.;  WESTVIEW CAPITAL, L.C.;
             TRADING PARTNERS, L.C.; and TRADING PARTNERS II, L.C., Civil
             Action File No. 2:97-CV-00151 (M.D.N.C.)

             The  Securities and Exchange Commission  announced  that  on
             August  7,  1998,  the  Honorable William L. O'Steen, United
             States  District Judge for  the  Middle  District  of  North
             Carolina, entered an order of permanent injunction and other
             relief as to defendants Westview Capital, L.C. ("Westview"),
             Trading Partners,  L.C. ("TP") and Trading Partners II, L.C.
             ("TP2").  Westview,  TP and TP2, which are under the control
             of  a  court appointed Receiver,  consented  to  the  relief
             without  admitting  or  denying the allegations set forth in
             the complaint, filed by the Commission on February 24, 1997.
             In its complaint, the Commission  alleged that violations of
             the  antifraud  provisions  of  the securities  by  Marshall
             Melton and the defendant companies  had  occurred  primarily
             between   mid-1994   and   late  1996.   During  that  time,
             defendants  Westview,  TP  and   TP2   raised  approximately
             $5,000,000 from 44 investors, many of whom  had  invested in
             more  than  one of the entities.  Through misrepresentations
             and omissions  of  material  facts,  Melton  solicited   and
             raised   funds   from   unwitting  investors.   Among  other
             violations, the investors were advised that their funds were
             being invested in specific investments when, in fact, Melton
             was commingling monies among the limited liability companies
             and using investors' funds  to  operate  other  entities  he
             controlled.

             The order permanently enjoins and restrains Westview, TP and
             TP2   from   future  violations  of  Section  17(a)  of  the
             Securities Act  of  1933 and Section 10(b) of the Securities
             Exchange  Act  of  1934.   The  order  further  enjoins  and
             restrains Westview from  future  violations of Section 15(a)
             of the Securities Exchange Act of 1934.

             Westview was ordered to pay disgorgement  in  the  amount of
             $108,913.50,   representing  the  fees  and  commissions  it
             received  from  the   sales  of  interests  in  the  limited
             liability companies outlined  in  the  complaint  along with
             prejudgment  interest thereon.  Payment of disgorgement  and
             prejudgment interest  was waived based upon Westview's sworn
             statement which demonstrated an inability to pay the ordered
             amount.   Civil  penalties   were  not  imposed  based  upon
             Westview's demonstrated inability to pay.

             TP  was  ordered  to  pay  disgorgement  in  the  amount  of
             $2,041,510,  representing  the   fees   and  commissions  it
             received  from  the  sales  of  interests  in  the   limited
             liability  companies  outlined  in  the complaint along with
             prejudgment interest thereon.  Payment  of  disgorgement and
             prejudgment  interest  was  waived  based  upon  TP's  sworn
             statement which demonstrated an inability to pay the ordered
             amount.   Civil  penalties were not imposed based upon  TP's
             demonstrated inability to pay.

             TP2  was  ordered to  pay  disgorgement  in  the  amount  of
             $995,735, representing  the fees and commissions it received
             from  the  sales  of  interests  in  the  limited  liability
             companies outlined in the  complaint  along with prejudgment
             interest thereon.  Payment of disgorgement  and  prejudgment
             interest  was waived based upon TP2's sworn statement  which
             demonstrated  an inability to pay the ordered amount.  Civil
             penalties were  not  imposed  based  upon TP2's demonstrated
             inability to pay.

             See also:  L.R. 15267 (February 27, 1997), L.R. 15319 (April
             8, 1997), L.R. 15357 (May 1, 1997) and  L.R.  15735  (May 5,
             1998).