SEC NEWS DIGEST Issue 2003-70 April 14, 2003 ENFORCEMENT PROCEEDINGS IN THE MATTER OF LIBERTY NATIONAL SECURITIES, INC., ROBERT GUYER, AND SONIA RADENCOVICI The Commission today issued an Order Instituting Administrative Proceedings pursuant to Section 15(b) of the Securities Exchange Act of 1934 (Exchange Act) against Liberty National Securities, Inc. (LNS), a broker-dealer registered with the Commission, LNS's former president, Robert J. Guyer (Guyer), and Sonia Howe Radencovici (Radencovici), a former registered representative previously associated with several broker-dealers. In the Order Instituting Proceedings, the Division of Enforcement (Division) alleges that on March 12, 2002, the U.S. District Court for the District of Connecticut entered judgments that permanently enjoined: (a) LNS and Guyer from violating Section 17(a) of the Securities Act of 1933, Sections 10(b), 15(b) and 17(a)(1) of the Exchange Act, and Rules 10b-5, 15b3-1 and 17a-3(a)(12) thereunder; and (b) Radencovici from violating Section 10(b) of the Exchange Act and Rule 10b-5 thereunder (SEC v. Martin R. Frankel, et al., 3:00-CV-1778, EBB, D. Conn. Mar. 12, 2002). The Division also alleges that: (a) on Sept. 18, 2000, Guyer pled guilty to one count of conspiracy to commit securities fraud in violation of 18 U.S.C. 371, and one count of willfully subscribing a false tax return in violation of 26 U.S.C. 7206(1), in U.S. v. Robert J. Guyer, 3:00CR193 (EBB) in the U.S. District Court for the District of Connecticut; and (b) on October 25, 2000, Radencovici pled guilty to one count of money laundering in violation of 18 U.S.C. 1962(c), and one count of racketeering in violation of 18 U.S.C. 1956(a)(2), in U.S. v. Sonia Howe, 3:99CR235 (EBB) in the U.S. District Court for the District of Connecticut. A hearing will be scheduled before an administrative law judge to determine whether the allegations contained in the Order are true, to provide the Respondents an opportunity to dispute these allegations, and to determine what sanctions, if any, are appropriate and in the public interest. (Rel. 34-47674; File No. 3-11087) COURT ENTERS FINAL JUDGMENT AGAINST MERL HOLDINGS, INC.COM On April 3, the Honorable Garrett E. Brown, Jr. of the U.S. District Court for the District of New Jersey entered a final judgment of permanent injunction (Final Judgment) against New Jersey-based MERL Holdings Inc.com (MERL). The Final Judgment permanently enjoins MERL from violating the anti-fraud provisions of the federal securities laws. MERL, without admitting or denying the allegations against it contained in the Commission's complaint, consented to the entry of the Final Judgment. According to the complaint, which was filed on Nov. 18, 2002, MERL and its chairman, president and CEO, Ed Johnson, orchestrated a fraudulent scheme in which: (1) MERL artificially inflated the value of certain assets recorded in its financial statements; (2) MERL improperly consolidated a purported subsidiary in its 1997 and 1998 financial statements; (3) MERL filed two registration statements which contained Management's Discussion and Analysis sections that materially mischaracterized the financial health of the company; (4) MERL compounded its financial irregularities by issuing false press releases, which materially misrepresented the financial condition of the company; and (5) Johnson benefited from his fraudulent scheme by avoiding losses or becoming unjustly enriched by selling MERL stock while in possession of material nonpublic information concerning these accounting irregularities. The Court's Final Judgment permanently enjoins MERL from violating the antifraud provisions of the federal securities laws pursuant to Section 17(a) of the Securities Act of 1933 [15 U.S.C. 77q(a)]; Section 10(b) of the Securities Exchange Act of 1934 [15 U.S.C. 78j(b)] and Rule 10b- 5 thereunder (17 C.F.R. 240.10b-5). The Commission's case against Johnson is pending. For further information see Litigation Release No. 17846 (Nov. 18, 2002). [SEC v. Ed Johnson and MERL Holdings, Inc.com, Civil Action No. 02-5490 (GEB)(DNJ)] (LR-18085) FORMER GE CAPITAL VICE PRESIDENT AND HIS TIPPEE, AN AMERICAN KUNG-FU INSTRUCTOR, RECEIVE PRISON SENTENCES IN INSIDER TRADING PROSECUTION Traded Immediately Ahead of GE Capital Bid for Heller Financial The Commission announced today that on April 3 the U.S. District Court for the Southern District of New York imposed a sentence of fifteen months incarceration on Anthony Chrysikos in an insider trading prosecution. The sentence was based on Chrysikos' October 2002 plea of guilty to one count of securities fraud and one count of conspiracy to commit securities fraud. In addition to the term of incarceration, Chrysikos was fined $4,000 and sentenced to three years supervised release. In July 2001, Chrysikos, then a GE Capital Vice President of Finance, tipped Michael Martello, an American Kung-Fu instructor and Web page designer living in Taipei, Taiwan, regarding a contemplated business combination between General Electric Capital Corp and Heller Financial, Inc. (GE Capital is a subsidiary of the General Electric Company.) On the basis of the non-public information, Martello traded in securities of Heller Financial immediately ahead of the July 30, 2001, initial public announcement of the contemplated business combination. Martello garnered $157,259 in illicit gains from those trades, on a one-trading- day investment of $11,000. He subsequently shared those proceeds with Chrysikos. The Commission today also announced that on Feb. 19, 2003, the U.S. District Court for the Southern District of New York imposed a sentence of eight months incarceration and three years supervised release on Martello in the insider trading prosecution. Martello also pleaded guilty in October 2002 to one count of securities fraud and one count of conspiracy to commit securities fraud. On March 7, 2002, the Commission filed a civil injunctive action in the U.S. District Court for the Southern District of New York against Martello and Chrysikos, alleging that they engaged in tipping and insider trading immediately ahead of the GE Capital bid for Heller Financial. The Commission's action is styled SEC v. Anthony Chrysikos and Michael Martello, Defendants, and Marie Martello, Relief Defendant, 02 CV 1825 (HB) (SDNY). In the Commission's litigation, Chrysikos and Martello consented to disgorge, and did disgorge, the entire amount of their illicit gains, plus prejudgment interest thereon. The Commission's action remains pending before the District Court. [U.S. v. Anthony Chrysikos and Michael Martello, 02 Cr. 1247 JSR, SDNY] (LR- 18086) MOODY BROTHERS PLEAD GUILTY TO UTAH STATE CRIMINAL FRAUD CHARGES Defendants Are Each Ordered to Pay $1 Million Penalty in Separate SEC Action The Commission announced today that on April 3 Gary L. Moody and Steven R. Moody each pled guilty in Salt Lake Third District Court in Utah to two counts of securities fraud, a second degree felony in the State of Utah, and one count of a pattern of unlawful activity, also a second degree felony. The Court is scheduled to impose a sentence on May 16, 2003. In a separate proceeding arising out of the same conduct, and alleged in a complaint filed by the Commission on Feb. 6, 2002 in the U.S. District Court for the District of Utah, the Court on Jan. 23, 2003, ordered the Moody brothers to each pay a civil money penalty of $1 million. The Commission's complaint alleged that beginning in 2001, Gary Moody and his brother Steven Moody lured investors to send their money to Virtual Private Marketplace, Ltd. and Billpay Systems LLC by promising them astronomical investment returns in a short time to be paid out in coupons that could be used at various retail stores. Defendants raised over $500,000 by falsely claiming that the Moodys were experienced businessmen, had raised a billion dollars, and that Gary Moody was soon to receive four doctorate degrees from Harvard University. In fact, Gary Moody is a convicted felon and Steven Moody filed for personal bankruptcy in 2000. In addition, there is no evidence that the investors' funds have been placed in income generating investments. On Oct. 24, 2002, the Court granted the Commission's motion for summary judgment, finding that defendants had violated Sections 5(a), (c), and 17(a) of the Securities Act of 1933, Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. The Court ordered that all defendants be permanently enjoined from violating these statutory provisions and pay disgorgement of $713,328.44, plus pre- judgment interest of $17,958.31. The Commission wishes to thank the Utah Department of Commerce, Division of Securities, for its assistance in this matter. [SEC v. Gary L. Moody, Steven R. Moody, Virtual Private Marketplace, Ltd., and Billpay Systems LLC, Civil Action No. 2:02 CV 0110B, D. Utah]; [State of Utah v. Gary L. Moody, Criminal Action No. 021908492, Salt Lake Third District Court]; [State of Utah v. Steven R. Moody, Criminal Action No. 021908493, Salt Lake Third District Court] (LR-18087) SEC SUES EIGHT INDIVIDUALS AND FOUR ENTITIES IN STOCK MANIPULATION The Commission announced today that it filed a civil action against eight individuals and four entities for their conduct between April 1999 and July 2000 relating to the price manipulation, unregistered sales, unreported stock ownership, and touting of securities issued by BluePoint Linux Software Corporation (BluePoint), a publicly traded company located in Evansville, Indiana. The Commission's complaint, filed in the United States District Court for the Southern District of Ohio, alleges that Aaron Tsai (Tsai) formed a shell company called MAS Acquisition XI Corporation in 1996 and made false filings with the Commission to conceal his true ownership and control of MAS shares and to make it appear that the shares could be later sold without a registration statement in effect. According to the Complaint, on February 17, 2000, MAS acquired a Chinese Linux company and changed its name to BluePoint. On the same day, Michael Markow (Markow) and his company Global Guarantee Corporation, Francois Goelo (Goelo), Yongzhi Yang and his company, K&J Consulting, Ltd., and Ke Luo and his company, M&M Management, Ltd. (collectively, the Promoter Defendants) bought 3.75 million shares from Tsai for $250,000, or a little more than $0.06 per share. The Commission alleges that the Promoter Defendants acquired over 90% of BluePoint publicly traded shares without reporting their ownership in any Commission filing. The Commission further alleges that the Promoter Defendants along with the participation of Sierra Brokerage Services, Inc. (Sierra) and its two employees, Richard Geiger and Jeffrey Richardson, (collectively, the Broker-dealer Defendants) worked in concert to create artificial trading activity and to manipulate the share price of BluePoint from $6 to a high price of $21 on the first day that BluePoint shares were traded on March 6, 2001. The Promoter Defendants and Broker-dealer Defendants dominated and control the BluePoint market that day. At all relevant times, Tsai, the Promoter Defendants, Sierra and Richardson sold or offered to sell shares in BluePoint without a registration statement in effect, and Tsai and the Promoter Defendants never reported their sales of BluePoint securities and the change in their ownership. The Commission also alleges that Jerome Armstrong engaged in illegal touting of BluePoint on March 6 and after because he promoted BluePoint on the Raging Bull internet site, which carried hundreds of posts about BluePoint without disclosing the compensation he received from Markow and Goelo in return for his posts. The Commission has charged: (1) Tsai, the Promoter Defendants, Sierra, and Richardson with violating Sections 5(a) and 5(c) of the Securities Act of 1933 (Securities Act); (2) the Promoter Defendants and Broker- dealer Defendants with violating Section 17(a) of the Securities Act and Section 10(b) of the Securities Exchange Act of 1934 (Exchange Act) and Rule 10b-5 thereunder; or in the alternative, Markow and Global Guarantee Corporation with aiding and abetting the other Promoter Defendants' violations of these provisions; (3) Sierra with violating Section 15(c)(1) of the Exchange Act and Richard Geiger and Jeffrey Richardson with aiding and abetting that violation; (4) Armstrong with violating Section 17(b) of the Securities Act; (5) the Promoter Defendants with violating Sections 13(d)(1), 13(d)(2), and 16(a) of the Exchange Act and Rules 13d-1(a), 13d-2(a), and 16a-3 thereunder, and Tsai with violating Sections 13(d)(1) and 16(a) of the Exchange Act and Rules 13d-1(a) and 16a-3 thereunder. The Commission is seeking permanent injunctions, disgorgement of ill-gotten gains with prejudgment interest, and civil penalties from all defendants. [SEC V. Sierra Brokerage Services, Inc., Richard Geiger, Jeffrey A. Richardson, Aaron Tsai, Michael E. Markow, Global Guarantee Corporation, Francois Goelo, Yongzhi Yang, K&J Consulting, Ltd., Ke Luo, M&M Management, Ltd., Jerome B. Armstrong, USDC, Southern District of Ohio, Civil Action No. CV03-326] (LR-18088) HOLDING COMPANY ACT RELEASES VERMONT YANKEE NUCLEAR POWER CORPORATION A notice has been issued giving interested persons until May 6, 2003, to request a hearing on a proposal by Vermont Yankee Nuclear Power Corporation, an indirect subsidiary of National Grid USA, National Grid Transco Plc and Northeast Utilities, all registered holding companies under the Act, to pay dividends out of capital and to repurchase stock. (Rel. 35-27666) SELF-REGULATORY ORGANIZATIONS IMMEDIATE EFFECTIVENESS OF PROPOSED RULE CHANGES A proposed rule change (SR-NASD-2003-51) filed by the National Association of Securities Dealers relating to fees for the Automated Confirmation Transaction Service has become effective under Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication of the notice in the Federal Register is expected during the week of April 14. (Rel. 34-47661) A proposed rule change filed by the National Association of Securities Dealers (SR-NASD-2003-67) extending the operation of the ADF pilot for an additional nine months through Jan. 26, 2004, has become effective under Section 19(b)(3)(A) of the Act. Publication of the notice in the Federal Register is expected during the week of April 14. (Rel. 34- 47663) A proposed rule change (SR-NYSE-2003-09) filed by the New York Stock Exchange relating to the elimination of the exception to Rule 123(e) for Exchange-Traded Funds, has become effective under Section 19(b)(3)(A) of the Securities Exchange Act of 1934. Publication of the notice in the Federal Register is expected during the week of April 14. (Rel. 34- 47667) A proposed rule change (SR-Amex-2003-22) filed by the American Stock Exchange to amend transaction charges for certain exchange traded funds has become effective under Section 10(b)(3)(A) of the Securities Exchange Act of 1934. Publication of the notice in the Federal Register is expected during the week of April 14. (Rel. 34-47668) PROPOSED RULE CHANGES The National Securities Clearing Corporation filed a proposed rule change (SR-NSCC-2003-01) relating to new Rule 59, "Information Services for Investment Products." Publication of the notice in the Federal Register is expected during the week of April 14. (Rel. 34-47662) The New York Stock Exchange filed a proposed rule change (SR-NYSE-2002- 33) and Amendment No. 1 thereto relating to corporate governance. Publication of the notice in the Federal Register is expected during the week of April 14. (Rel. 34-47672) APPROVAL OF PROPOSED RULE CHANGE The Commission granted approval to a proposed rule change (SR-NYSE-2002- 11) and Amendment No. 1, and granted accelerated approval of Amendment No. 2 thereto, both of which were submitted under Section 19(b)(1) of the Securities Exchange Act of 1934 by the New York Stock Exchange to establish a six-month pilot program permitting a Floor broker to use an Exchange authorized and issued portable telephone on the Exchange Floor. (Rel. 34-47671) DELISTINGS GRANTED An order has been issued granting the application of the Philadelphia Stock Exchange to strike from listing and registration certain call and put options contracts issued by The Options Clearing Corporation respecting underlying securities of the following companies, effective at the opening of business on April 14. Avalonbay Communities, Inc. (AVB) Core Laboratories NV (CLB) Cutter & Buck, Inc. (KUT/CBUK) Extended Stay America, Inc. (ESA) Felcor Lodging Trust, Inc. (FCH) First Consulting Group, Inc. (FSQ/FCGI) Handleman Company (HDL) International Specialty Products, Inc. (ISP) National Fuel Gas Company (NFG) Public Storage, Inc. (PSA) Rational Software Corporation (RAQ/RATL) Stolt Offshore SA (QSO/SOSA) The Topps Company, Inc. (TOQ/TOPP) PHLX Fiber Optics Sector Index (FOP) PHLX Wireless Telecom Sector Index (YLS) (Rel. 34-47669) An order has been issued granting the application of the American Stock Exchange to strike from listing and registration the Common Stock, $.01 par value, of Boundless Corporation, effective at the opening of business on April 14. (Rel. 34-47670) 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 the 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. Registration statements may be obtained in person or by writing to the Commission's Public Reference Branch at 450 Fifth Street, N.W., Washington, D.C. 20549 or at the following e-mail box address: . In most cases, this information is also available on the Commission's website: . SB-2 IWT TESORO CORP, 191 POST ROAD WEST, SUITE 10, WESTPORT, CT, 06880, 203-221-2770 - 0 ($9,197,924.00) Equity, (File 333-104448 - Apr. 11) (BR. 02) S-3 GULF POWER CO, ONE ENERGY PLACE, PENSACOLA, FL, 32520-0102, 8504446111 - 325,000,000 ($325,000,000.00) Unallocated (Universal) Shelf, (File 333-104449 - Apr. 11) (BR. 02) S-8 AMERICAN RESIDENTIAL INVESTMENT TRUST INC, 445 MARINE VIEW AVE SUITE 230, STE 260, DEL MAR, CA, 92014, 6193505008 - 0 ($3,304,130.00) Equity, (File 333-104450 - Apr. 11) (BR. 08) S-4 ALLIED WASTE INDUSTRIES INC, 15880 N. GREENWAY-HAYDEN LOOP, SUITE 100, SCOTTSDALE, AZ, 85260, 4806272700 - 0 ($375,000,000.00) Non-Convertible Debt, (File 333-104451 - Apr. 11) (BR. 06) S-8 PARAMCO FINANCIAL GROUP INC, 4610 SO. ULSTER STREET, SUITE 150, DENVER, CO, 80237, 720-528-7303 - 5,000,000 ($175,000.00) Equity, (File 333-104453 - Apr. 11) (BR. 09) S-3 NEW CENTURY MORTGAGE SECURITIES INC, 18400 VON KARMAN, STE 1000, IRVINE, CA, 92612, 9498637243 - 0 ($5,000,000,000.00) Mortgage Backed Securities, (File 333-104454 - Apr. 11) (BR. 05) S-3 BEAR STEARNS COMPANIES INC, ONE METROTECH NORTH, 9TH FL, BROOKLYN, NY, 11201, 3476439862 - 0 ($10,327,293,162.00) Other, (File 333-104455 - Apr. 11) (BR. 07) S-2 ING LIFE INSURANCE & ANNUITY CO, 151 FARMINGTON AVE, HARTFORD, CT, 06156, 2032737834 - 0 ($100,000,000.00) Other, (File 333-104456 - Apr. 11) (BR. 20) S-8 CHINA WIRELESS COMMUNICATIONS INC, 44990 HEYDRENREICH, CLINTON TOWNSHIP, MI, 48038, 5198692677 - 2,965,153 ($1,854,622.00) Equity, (File 333-104457 - Apr. 11) (BR. 03) S-8 WEST COAST BANCORP /NEW/OR/, 5335 SW MEADOWS RD, SUITE 201, LAKE OSWEGO, OR, 97035, 5036840884 - 300,000 ($4,638,000.00) Equity, (File 333-104458 - Apr. 11) (BR. 07) S-8 CYBERTEL COMMUNICATIONS CORP, 8006455557 - 50,000,000 ($500,000.00) Equity, (File 333-104459 - Apr. 11) (BR. 37) S-4 LIFE INVESTMENT FUNDING ENTERPRISES INC, 677 NORTH WASHINGTON BLVD., SARASOTA, FL, 34236, 0 ($171,875,000.00) Equity, (File 333-104460 - Apr. 11) (BR. ) S-8 BRT REALTY TRUST, 60 CUTTER MILL RD, SUITE 303, GREAT NECK, NY, 11021-3190, 5164663100 - 350,000 ($4,910,500.00) Equity, (File 333-104461 - Apr. 11) (BR. 08) S-8 QUIKSILVER INC, 15202 GRAHAM STREET, HUNTINGTON BEACH, CA, 92649, 714-889-2200 - 0 ($24,564,000.00) Equity, (File 333-104462 - Apr. 11) (BR. 02) F-3 TOTAL FINA ELF SA, 2 PLACE DE LA COUPOLE, LA DEFENSE 92078, PARIS FRANCE, I0, 00000, 2129693300 - 0 ($4,000,000,000.00) Non-Convertible Debt, (File 333-104463 - Apr. 11) (BR. 04) S-8 SERVOTRONICS INC /DE/, 1110 MAPLE ST, ELMA, NY, 14059, 7166335990 - 620,800 ($2,342,105.00) Other, (File 333-104464 - Apr. 11) (BR. 06) S-4 ALLBRITTON COMMUNICATIONS CO, 800 SEVENTHEEN ST NW STE 300, WASHINGTON, DC, 20006, 2027892130 - 0 ($180,000,000.00) Non-Convertible Debt, (File 333-104465 - Apr. 11) (BR. 37) S-4 HOLLINGER INTERNATIONAL INC, 401 N WABASH AVE, STE 740, CHICAGO, IL, 60611, 3123212299 - 0 ($300,000,000.00) Non-Convertible Debt, (File 333-104467 - Apr. 11) (BR. 05) S-8 NET PERCEPTIONS INC, 7700 FRANCE AVE SOUTH, EDINA, MN, 55435, 6129031270 - 546,654 ($784,448.49) Equity, (File 333-104468 - Apr. 11) (BR. 03) S-8 EMC INSURANCE GROUP INC, 717 MULBERRY ST, DES MOINES, IA, 50309, 5152802902 - 200,000 ($3,822,000.00) Equity, (File 333-104469 - Apr. 11) (BR. 01) S-8 GATEWAY DISTRIBUTORS LTD, 3095 E. PATRICK LANE, SUITE 1, LAS VEGAS, NV, 89120, 2,000,000,000 ($200,000.00) Equity, (File 333-104470 - Apr. 11) (BR. 08) S-4 CITIZENS BANKING CORP, ONE CITIZENS BANKING CTR, 328 SOUTH SAGINAW STREET, FLINT, MI, 48502, (989) 776-7568 - 0 ($125,000,000.00) Non-Convertible Debt, (File 333-104472 - Apr. 11) (BR. 07) S-8 MYRIENT INC, 65 ENTERPRISE, ALISO VIEJO, CA, 92656, 9497943000 - 10,000,000 ($150,000.00) Equity, (File 333-104473 - Apr. 11) (BR. 37) S-4 NORTHWEST PIPELINE CORP, 295 CHIPETA WAY, SALT LAKE CITY, UT, 84158-0900, 8015838800 - 0 ($175,000,000.00) Non-Convertible Debt, (File 333-104474 - Apr. 11) (BR. 02) S-8 FRIEDMAN BILLINGS RAMSEY GROUP INC, 7033129500 - 12,627,555 ($133,336,074.00) Equity, (File 333-104475 - Apr. 11) (BR. 08) S-3 CONMED CORP, 310 BROAD ST, UTICA, NY, 13501, 3157978375 - 34,634 ($592,241.00) Equity, (File 333-104476 - Apr. 11) (BR. 36) S-8 HALL KINION & ASSOCIATES INC, 75 ROWLAND WAY, SUITE 200, NOVATO, CA, 94945, 4158952200 - 570,792 ($981,762.00) Equity, (File 333-104477 - Apr. 11) (BR. 03) S-3 YARDVILLE NATIONAL BANCORP, 3111 QUAKERBRIDGE RD, MERCERVILLE, NJ, 08619, 6095855100 - 596,654 ($10,423,545.38) Equity, (File 333-104478 - Apr. 11) (BR. 07) S-8 TAKE TWO INTERACTIVE SOFTWARE INC, 622 BROADWAY, NEW YORK, NY, 10012, 2125362842 - 0 ($17,866,008.00) Equity, (File 333-104479 - Apr. 11) (BR. 03) S-8 TELAXIS COMMUNICATIONS CORP, 20 INDUSTRIAL DRIVE EAST, SOUTH DEERFIELD, MA, 01373, 4136658551 - 1,778,750 ($711,500.00) Equity, (File 333-104481 - Apr. 11) (BR. 36) S-8 TEXEN OIL & GAS INC, 10605 GRANT ROAD, SUITE 207, HOUSTON, TX, 77070, (832) 237-6053 - 5,000,000 ($4,250,000.00) Equity, (File 333-104482 - Apr. 11) (BR. 04) S-8 AMERICAN FIRE RETARDANT CORP, 9337 BOND AVENUE, 806-479-0449, EL CAJON, CA, 92012, 619-390-68 - 104,000,000 ($728,000.00) Equity, (File 333-104483 - Apr. 11) (BR. 02) S-8 COMPUDYNE CORP, 7249 NATIONAL DRIVE, HANOVER, MD, 21076, 4107120275 - 600,000 ($4,350,000.00) Equity, (File 333-104484 - Apr. 11) (BR. 05) S-4 ANCHOR GLASS CONTAINER CORP /NEW, 1 ANCHOR PLAZA, 4343 ANCHOR PLAZA PARKWAY, TAMPA, FL, 33634-7513, 8138840000 - 0 ($300,000,000.00) Non-Convertible Debt, (File 333-104485 - Apr. 11) (BR. 06) S-2 IMAGING DIAGNOSTIC SYSTEMS INC /FL/, 6531 NW 18TH COURT, PLANTATION, FL, 33313-4520, 3057460500 - 9,800,000 ($1,764,000.00) Equity, (File 333-104486 - Apr. 11) (BR. 36) S-8 COMPUDYNE CORP, 7249 NATIONAL DRIVE, HANOVER, MD, 21076, 4107120275 - 300,000 ($2,175,000.00) Equity, (File 333-104487 - Apr. 11) (BR. 05) S-3 TYCO INTERNATIONAL LTD /BER/, 90 PITTS BAY ROAD, THE ZURICH CENTRE SECOND FLOOR, PEMROKE HM 08 BERMU, D0, 4412928674 - 0 ($4,264,218,750.00) Debt Convertible into Equity, (File 333-104488 - Apr. 11) (BR. 36) S-1 DADE BEHRING INC, 1717 DEERFIELD RD, DEERFIELD, IL, 60015, 8472675300 - 0 ($128,348,720.00) Non-Convertible Debt, (File 333-104489 - Apr. 11) (BR. 01) S-8 SCOTTS COMPANY, 14111 SCOTTSLAWN ROAD, MARYSVILLE, OH, 43041, 6147195500 - 1,800,000 ($96,968,340.00) Equity, (File 333-104490 - Apr. 11) (BR. 02) N-2 PREFERRED INCOME STRATEGIES FUND INC, 800 SCUDDERS MILL ROAD, PLAINSBORO, NJ, 08536, 6092822116 - 40 ($1,000,000.00) Equity, (File 333-104491 - Apr. 11) (BR. 17) S-8 K2 INC, 4900 S EASTERN AVE, SUITE 200, LOS ANGELES, CA, 90040, 3237242800 - 130,560 ($1,084,953.60) Equity, (File 333-104492 - Apr. 11) (BR. 05) S-3 LNR PROPERTY CORP, 760 NW 107TH AVE, MIAMI, FL, 33172, 3054852000 - 0 ($250,862,500.00) Other, (File 333-104493 - Apr. 11) (BR. 08) S-3 LNR PROPERTY CORP, 760 NW 107TH AVE, MIAMI, FL, 33172, 3054852000 - 0 ($500,000,000.00) Equity, (File 333-104494 - Apr. 11) (BR. 08) S-8 K2 INC, 4900 S EASTERN AVE, SUITE 200, LOS ANGELES, CA, 90040, 3237242800 - 116,098 ($964,774.38) Equity, (File 333-104495 - Apr. 11) (BR. 05) RECENT 8K FILINGS Form 8-K is used by companies to file current reports on the following events: Item 1. Changes in Control of Registrant. Item 2. Acquisition or Disposition of Assets. Item 3. Bankruptcy or Receivership. Item 4. Changes in Registrant's Certifying Accountant. 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. Item 9. Regulation FD Disclosure. The following companies have filed 8-K reports for the date indicated and/or amendments to 8-K reports previously filed, responding to the item(s) of the form specified. 8-K reports may be obtained in person or by writing to the Commission's Public Reference Branch at 450 Fifth Street, N.W., Washington, D.C. 20549 or at the following e-mail box address: . In most cases, this information is also available on the Commission's website: . STATE 8K ITEM NO. NAME OF ISSUER CODE 1 2 3 4 5 6 7 8 9 DATE COMMENT ------------------------------------------------------------------------------------ ADAIR INTERNATIONAL OIL & GAS INC TX X 03/28/03 AMEND ADAPTEC INC DE X X 03/31/03 AIRNET COMMUNICATIONS CORP DE X X 04/11/03 AIRPLANES LTD DE X 04/11/03 AK STEEL HOLDING CORP DE X X 04/10/03 ALLCITY INSURANCE CO /NY/ NY X X 04/09/03 ALLIANCE CAPITAL MANAGEMENT HOLDING L DE X X 04/11/03 ALLIANCE CAPITAL MANAGEMENT L P DE X X 04/11/03 ALLIANCE GAMING CORP NV X X 04/09/03 ALMOST FAMILY INC DE X 04/01/03 ALPHA HOSPITALITY CORP DE X X 04/11/03 AMAZON COM INC DE X 04/10/03 AMAZON COM INC DE X 04/10/03 AMAZON COM INC DE X 04/10/03 AMERI DREAM ENTERTAINMENT INC CA X X X 04/09/03 AMEND AMERICAN EAGLE OUTFITTERS INC DE X X 04/09/03 ANWORTH MORTGAGE ASSET CORP MD X X 04/10/03 ARIBA INC DE X X 04/10/03 AVISTA CORP WA X X 04/09/03 BALLY TOTAL FITNESS HOLDING CORP DE X 04/11/03 BANC OF AMERICA MORTGAGE SECURITIES I DE X X 04/11/03 BANK OF THE OZARKS INC AR X X 04/10/03 BANYAN CORP /OR/ OR X X 04/11/03 BAR HARBOR BANKSHARES ME X 04/10/03 BELDEN & BLAKE CORP /OH/ OH X X 03/31/03 BIG LOTS INC OH X 04/11/03 BLACK HILLS POWER INC SD X X 03/31/03 BOEING CAPITAL CORP DE X X X 04/10/03 BROWN & BROWN INC FL X 04/10/03 BUTLER NATIONAL CORP DE X 04/11/03 CACTUS NEW MEDIA I INC DE X X 04/09/03 CALIFORNIA BEACH RESTAURANTS INC CA X X 04/09/03 CARMIKE CINEMAS INC DE X X 04/07/03 CENTERPOINT PROPERTIES TRUST MD X 04/11/03 CENTEX FUNDING LLC CENTEX HOME EQ LN DE X 04/11/03 CENTIV INC DE X X 03/31/03 CENTRAL COAST BANCORP CA X 04/11/03 CENTURY PENSION INCOME FUND XXIII CA X X 03/31/03 CERADYNE INC DE X X 04/09/03 CHASE CREDIT CARD MASTER TRUST NY X 02/01/03 CHASE CREDIT CARD MASTER TRUST NY X 04/01/03 CHASE MORTGAGE FINANCE CORP DE X X 04/10/03 CISCO SYSTEMS INC CA X 04/10/03 CIT GROUP INC DE X X 03/25/03 CIT GROUP INC DE X X 04/03/03 CITIGROUP INC DE X X 04/11/03 CNL RETIREMENT PROPERTIES INC MD X X 03/27/03 COMMERCE BANCORP INC /NJ/ NJ X X 04/11/03 COMMERCIAL CAPITAL BANCORP INC NV X X 04/11/03 COMMONWEALTH INDUSTRIES INC/DE/ DE X 04/10/03 COMMUNITY BANCORP OF NEW JERSEY NJ X X 04/11/03 CONCEPTS DIRECT INC DE X X 04/11/03 COST U LESS INC WA X X 04/10/03 CREDIT SUISSE FIRST BOSTON MORTGAGE S DE X 04/11/03 DATATEC SYSTEMS INC DE X X 04/11/03 DIXIE GROUP INC TN X X 04/11/03 DRESS BARN INC CT X 04/11/03 DYNAMIC VENTURES INC/CANADA X X 04/09/03 EAGLE SUPPLY GROUP INC DE X 04/11/03 EDIETS COM INC DE X X 04/10/03 EL PASO ENERGY PARTNERS LP DE X X 04/11/03 ELSINORE CORP NV X 04/11/03 EMS TECHNOLOGIES INC GA X 04/11/03 ENSTAR GROUP INC GA X X 03/31/03 ENTRAVISION COMMUNICATIONS CORP DE X X 04/08/03 EQUITY ONE ABS INC DE X X 04/09/03 ESCALADE INC IN X 04/11/03 ESTELLE REYNA INC NV X 04/10/03 EXEGENICS INC DE X 03/26/03 EXTREME NETWORKS INC DE X X 04/07/03 FFLC BANCORP INC DE X X 04/09/03 FGIC SECURITIES PURCHASE INC DE X 04/11/03 FNB CORP/NC NC X X 04/01/03 FRIEDMANS INC DE X 12/20/02 G REIT INC VA X 03/18/03 AMEND GATEWAY FINANCIAL HOLDINGS INC NC X X 04/10/03 GENERAL ELECTRIC CO NY X X 04/11/03 GRAHAM PACKAGING HOLDINGS CO DE X 03/31/03 GRIFFIN LAND & NURSERIES INC DE X 04/11/03 GS MORTGAGE SECURITIES CORP MORT PASS DE X X 03/27/03 GULFMARK OFFSHORE INC DE X 04/11/03 HASTINGS MANUFACTURING CO MI X X 03/27/03 HEALTHSOUTH CORP DE X X 04/04/03 HOST AMERICA CORP DE X 03/26/03 HUAYANG INTERNATIONAL HOLDINGS INC NV X X 04/02/03 HUNTSMAN INTERNATIONAL LLC DE X 04/11/03 I2 TECHNOLOGIES INC DE X X 04/07/03 INVITROGEN CORP DE X X 03/28/03 IROQUOIS GAS TRANSMISSION SYSTEM LP DE X X 04/11/03 JAMESON INNS INC GA X X 04/10/03 KADANT INC DE X 04/10/03 KEY ENERGY SERVICES INC MD X 04/07/03 KEY3MEDIA GROUP INC DE X X 04/09/03 LADISH CO INC WI X X 04/11/03 LASALLE RE HOLDINGS LTD X X 03/21/03 LIBERTY MEDIA CORP /DE/ DE X X 03/26/03 LUCENT TECHNOLOGIES INC DE X X 04/11/03 M&T BANK CORP NY X X X 04/01/03 MARSHALL & ILSLEY CORP/WI/ WI X X 04/11/03 MATTSON TECHNOLOGY INC DE X X 03/17/03 AMEND MELLON BANK N A MA X 04/09/03 MELLON BANK N A MA X 04/09/03 MERCANTILE BANKSHARES CORP MD X X 04/08/03 METALS USA INC DE X X 04/11/03 METROPOLITAN FINANCIAL CORP /OH/ OH X X 04/09/03 MICHAEL ANTHONY JEWELERS INC DE X X 04/11/03 MICRO ECONOMICS INC NV X X X 04/04/03 MONARCH CASINO & RESORT INC NV X 04/10/03 MONROE JAMES BANCORP INC VA X X X 04/11/03 MORGAN STANLEY DEAN WITTER CAP I INC DE X X 03/01/03 MORTGAGE ASSET SECURITIZATION TRANSAC DE X 04/11/03 MOVING BYTES INC X X 04/07/03 NATIONAL STEEL CORP DE X X 04/10/03 NEW HORIZONS WORLDWIDE INC DE X 03/31/03 NEXT INC/TN DE X X 04/10/03 NORTH COUNTRY FINANCIAL CORP MI X X 04/05/03 NUMEREX CORP /PA/ PA X X 03/28/03 OAK HILL FINANCIAL INC OH X 04/11/03 OBIE MEDIA CORP OR X 04/07/03 OLD SECOND BANCORP INC DE X X 04/11/03 OPTION ONE MORTGAGE ACCEPTANCE CORP DE X X 04/11/03 PACIFIC CREST CAPITAL INC DE X X 04/09/03 PACIFIC FINANCIAL CORP WA X 04/10/03 PARTY CITY CORP DE X X 04/11/03 PAXSON COMMUNICATIONS CORP DE X X 04/04/03 PEOPLES BANCORP INC OH X 04/11/03 PHSB FINANCIAL CORP PA X X 04/11/03 PIER 1 IMPORTS INC/DE DE X X 04/10/03 POINT WEST CAPITAL CORP DE X 04/10/03 POKER COM INC FL X X 04/08/03 POPULAR INC PR X X 04/11/03 PREDICTIVE SYSTEMS INC DE X X 04/10/03 PRESTOLITE ELECTRIC HOLDING INC DE X 04/07/03 PRICESMART INC DE X X 04/08/03 PRIMEPLAYER INC NV X X 04/09/03 PRIMEPLAYER INC NV X 04/11/03 PROBUSINESS SERVICES INC DE X X 04/10/03 PUMATECH INC DE X X 03/27/03 QUANTITATIVE METHODS CORP NV X 12/31/02 AMEND QUINTILES TRANSNATIONAL CORP NC X X 04/10/03 RESIDENTIAL ASSET MORTGAGE PRODUCTS I DE X X 03/11/03 RESIDENTIAL FUNDING MORTGAGE SECURITI DE X X 04/10/03 RESIDENTIAL FUNDING MORTGAGE SECURITI DE X X 03/11/03 ROBOCOM SYSTEMS INTERNATIONAL INC NY X X 04/11/03 ROGUE WAVE SOFTWARE INC /OR/ DE X X 04/10/03 ROSE HILLS CO DE X 04/10/03 SALEM COMMUNICATIONS CORP /DE/ DE X 03/31/03 SALIX PHARMACEUTICALS LTD X X 04/10/03 SALOMON BROTHERS MORT SEC VII INC MOR DE X X 04/11/03 SALOMON BROTHERS MORT SEC VII INC MOR DE X X 03/25/03 AMEND SAXON ASSET SECURITIES CO MORT LOAN A VA X 03/31/03 SEITEL INC DE X X 04/10/03 SEROLOGICALS CORP DE X X 04/01/03 SLI INC OK X X 04/04/03 SMITHFIELD FOODS INC VA X X 04/04/03 SORRENTO NETWORKS CORP NJ X X X 04/10/03 SOUTHWESTERN ELECTRIC POWER CO DE X X 04/08/03 STEPAN CO DE X X 04/10/03 STRATTEC SECURITY CORP WI X X 04/10/03 STRUCTURED ASSET INVESTMENT LOAN TRUS DE X 03/28/03 STRUCTURED ASSET SEC CORP MORT PASS T DE X X 03/28/03 STRUCTURED ASSET SEC CORP MORT PS THR DE X 03/28/03 STRUCTURED ASSET SECURITIES CORP MOR DE X 03/28/03 SUBURBAN PROPANE PARTNERS LP DE X 04/11/03 SUMMIT BANCSHARES INC /TX/ TX X 04/11/03 SYMBOL TECHNOLOGIES INC DE X X 04/11/03 TECHNICAL OLYMPIC USA INC DE X X X 04/04/03 TECHNICAL OLYMPIC USA INC DE X X X 04/04/03 TECO ENERGY INC FL X X X 04/09/03 TEXAS BIOTECHNOLOGY CORP /DE/ DE X 04/11/03 THERMADYNE HOLDINGS CORP /DE DE X X 04/03/03 TMP WORLDWIDE INC DE X X 01/01/03 TOTAL ENTERTAINMENT RESTAURANT CORP DE X 04/11/03 TRANS GLOBAL SERVICES INC DE X X X 04/08/03 TRANSCAT INC OH X 04/01/03 TRENWICK AMERICA CORP DE X X 03/21/03 TRENWICK GROUP LTD X X 03/21/03 TRINET CORPORATE REALTY TRUST INC MD X X 04/01/03 TRINITY LEARNING CORP UT X X X 04/09/03 TRIZEC PROPERTIES INC DE X 04/10/03 TUESDAY MORNING CORP/DE DE X X 04/10/03 UCBH HOLDINGS INC DE X 04/10/03 UNITED STATES STEEL CORP DE X X 04/11/03 UNIVERSAL ACCESS GLOBAL HOLDINGS INC DE X X X 04/07/03 USA VIDEO INTERACTIVE CORP WY X X 04/10/03 UTEK CORP X X 04/09/03 VALENTIS INC DE X X 04/04/03 VIALINK CO DE X 04/10/03 VIASYS HEALTHCARE INC DE X 04/09/03 WALLACE COMPUTER SERVICES INC DE X 04/11/03 WCI COMMUNITIES INC X X 04/10/03 WEBMD CORP /NEW/ DE X X 03/13/03 AMEND WELLS FARGO & CO/MN DE X X 04/08/03 WELLS FARGO ASSET SECURITIES CORP DE X X 04/11/03 WILLIS GROUP HOLDINGS LTD D0 X 04/10/03 WORKSTREAM INC X X 04/11/03 WYOMING OIL & MINERALS INC WY X X 03/27/03 XOMA LTD /DE/ DE X X 04/10/03