SEC NEWS DIGEST Issue 2004-238 December 13, 2004 ENFORCEMENT PROCEEDINGS FRANKLIN ADVISERS, INC. AND FRANKLIN TEMPLETON DISTRIBUTORS, INC. TO PAY $20 MILLION AND UNDERTAKE COMPLIANCE REFORMS TO SETTLE SEC CHARGES CONCERNING PAYMENTS OF DIRECTED BROKERAGE On December 13, the Commission filed settled charges against Franklin Advisers, Inc. (FA) and Franklin Templeton Distributors, Inc. (FTDI) (collectively, Franklin), the investment adviser and principal underwriter and distributor affiliated with the Franklin Templeton mutual funds, alleging that Franklin, without proper disclosure, used fund assets to compensate brokerage firms for recommending the Franklin Templeton mutual funds over others to their clients. This practice is known as compensating brokerage firms for shelf space. As part of the settlement, Franklin agreed to pay a $20 million penalty and undergo compliance reforms. The Commission’s order finds, and Franklin neither admits nor denies, that between 2001 and 2003, FTDI had shelf space agreements with 39 broker-dealers pursuant to which FTDI allocated $52 million from brokerage commissions related to trades of fund shares (which were fund assets) to the broker-dealers in exchange for shelf space. Franklin did not adequately disclose these agreements to the fund boards or the fund shareholders. The use of brokerage commissions to compensate brokerage firms for marketing created a conflict of interest between FA and the funds because FA benefited from the increased management fees resulting from increased fund sales, and consequently had an incentive to use these brokerage firms, whether or not the brokerage firms were best for the fund shareholders. FA was required, but failed, to disclose adequately the arrangements to the boards so they could approve this use of fund assets, and to shareholders so they could be informed when making investment decisions. FTDI aided and abetted FA’s violations. FTDI benefited from the arrangements by avoiding paying for shelf space out of its own assets. FTDI had the opportunity to disclose these agreements to the boards but failed to do so. The $20 million civil penalty will be distributed to the Franklin funds whose assets were used to pay for shelf space. Franklin will also undertake compliance measures designed to protect against future violations. These measures include retaining an Independent Distribution Consultant to develop a Distribution Plan to distribute the total penalty ordered and appointing an employee to design and implement policies and procedures governing Franklin’s shelf space arrangements. The order finds that FA violated Section 206(2) of the Investment Advisers Act of 1940, and that FA and FTDI violated Sections 34(b) and 17(d) of the Investment Company Act of 1940 and Rule 17d-1 thereunder, and requires FA and FTDI to cease and desist from violating these provisions. FA and FTDI consented to entry of the order without admitting or denying the findings. (Rels. 34-50841; IA-2337; IC-26692; File No. 3-11769; Press Rel. 2004-168) IN THE MATTER OF DAVID ABISH An Administrative Law Judge has issued an Order Making Findings and Imposing Remedial Sanction by Default (Default Order) in the matter of David Abish. The Order Instituting Proceedings alleged that on May 9, 2002, Respondent James Corcoran was found guilty on one count of conspiracy to commit securities fraud, mail fraud, and wire fraud, and five counts of securities fraud, following a jury trial before the U.S. District Court for the Southern District of New York. The Default Order finds these allegations to be true and bars Respondent James Corcoran from association with any broker or dealer. (Rel. 34-50835; File No. 3-11632) PHILIP GRATZ, A FORMER STOCKBROKER WHO VIOLATED A FEDERAL COURT PERMANENT INJUNCTION, SENTENCED TO 87 MONTHS IN PRISON The Commission announced that Philip R. Gratz, a former stockbroker who conducted business as Phoenix World Wide Enterprises, Inc. (Phoenix), was sentenced on Nov. 19, 2004, to a term of imprisonment of eighty- seven months by U.S. District Court Judge Jose E. Martinez in Miami, Florida. Judge Martinez also ordered Gratz to pay restitution in the amount of about $8 million to victims of his securities fraud scam. On July 19, 2004, Gratz pleaded guilty to one count of mail fraud, in violation of Title 18, United States Code, Sections 1341 and 2; one count of wire fraud, in violation of Title 18, United States Code, Sections 1343 and 2; one count of securities fraud, in violation of Title 15, United States Code, Sections 78j(b) and 78ff(a); and one count of criminal contempt, in violation of Title 18, United States Code, Section 401(3). This case arose out of Gratz’s illegal conduct while under an injunction from a prior Commission case. On April 30, 1992, the U.S. District Court for the Southern District of Florida in the case of SEC v. Delta Rental Systems, Inc., et al., Case No. 91-2136-CIV-DAVIS (S.D. Fla.) entered a Final Judgment of Permanent Injunction and Other Relief (the Permanent Injunction) against Gratz. The Permanent Injunction prohibited Gratz from committing future violations of, among others, the anti-fraud provisions of the federal securities laws. In violation of the Permanent Injunction, from November 1998 to March 2003, Gratz, while doing business through Phoenix, conducted a scheme through which he defrauded various investors located in different states throughout the country, including investors residing in the Southern District of Florida. On March 20, 2003, the Commission filed an emergency civil contempt action against Gratz in the U.S. District Court for the Southern District of Florida in order to put a halt to the scheme. In that action, the Commission charged Gratz with disobeying the provisions in the Permanent Injunction that enjoined him from future violations of the antifraud provisions of the federal securities laws. The following day, the Court granted the SEC’s request for emergency relief, entered a temporary asset freeze, and appointed a Receiver to take over Phoenix. On May 20, 2003, with Gratz’s consent, the Court entered an order on civil contempt sanctions, ordering Gratz to disgorge all ill-gotten gains, imposing an asset freeze, and awarding attorney’s fees. On Oct. 22, 2003, with Gratz’s consent, the Court entered a Final Judgment on Civil Contempt and ordered Gratz to disgorge his ill-gotten proceeds. The Commission’s filing of its emergency civil contempt action against Gratz in March 2003 was based on the same activity that led to the criminal case. To carry out his scheme, Gratz solicited individuals to invest money with him in return for guaranteed annual “interest” payments ranging from 25% to 50%. During investor solicitations, Gratz falsely represented to investors, among other things, that he would invest all of their funds in the stock market. In truth, Gratz misappropriated over $3 million in investor funds for his and his family’s personal use and benefit. The SEC acknowledges the cooperative efforts of the U.S. Attorney for the Southern District of Florida and the U.S. Postal Inspection Service, Miami Division. [SEC v. Delta Rental Systems, Inc., et al., Case No. 91- 2136-CIV-DAVIS (S.D. Fla.)] (LR-18996) 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 North Penn Bancorp, Inc., 216 ADAMS AVENUE, SCRANTON, PA, 18503, (570) 344-6113 - 0 ($22,460,020.00) Equity, (File 333-121121 - Dec. 10) (BR. 09) S-8 REALITY WIRELESS NETWORKS INC, 7235 NORTH CREEK LOOP, GIG HARBOR, WA, 98335, 253-853-3632 - 24,000,000 ($168,000.00) Equity, (File 333-121122 - Dec. 10) (BR. 03) S-8 APPLIED DIGITAL SOLUTIONS INC, 1690 SOUTH CONGRESS AVENUE, SUITE 200, DELRAY BEACH, FL, 33445, 561-805-8000 - 145,000 ($812,000.00) Equity, (File 333-121123 - Dec. 10) (BR. 37) S-8 APPLIED DIGITAL SOLUTIONS INC, 1690 SOUTH CONGRESS AVENUE, SUITE 200, DELRAY BEACH, FL, 33445, 561-805-8000 - 145,000 ($812,000.00) Equity, (File 333-121124 - Dec. 10) (BR. 37) S-8 PEDIATRIX MEDICAL GROUP INC, 1301 CONCORD TERRACE, SUNRISE, FL, 33323, 9543840175 - 0 ($127,150,636.10) Equity, (File 333-121125 - Dec. 10) (BR. 01) S-8 CHIRON CORP, 4560 HORTON ST, EMERYVILLE, CA, 94608, 5106558730 - 0 ($35,400,000.00) Other, (File 333-121126 - Dec. 10) (BR. 01) SB-2 Lam Liang Corp., #295/42 NGARMWONGWAN 23 ROAD, NONTHABURI, W1, 11000, 011-661-612-1601 - 1,100,000 ($55,000.00) Equity, (File 333-121127 - Dec. 10) (BR. 09) S-4 CTS CORP, 905 WEST BOULEVARD NORTH, ELKHART, IN, 46514, 5742937511 - 0 ($2,618,973.00) Equity, (File 333-121129 - Dec. 10) (BR. 36) S-4 LENNAR CORP /NEW/, 700 NW 107TH AVENUE, SUITE 400, MIAMI, FL, 33172, 3055594000 - 0 ($250,000,000.00) Non-Convertible Debt, (File 333-121130 - Dec. 10) (BR. 06) S-3 SANDS REGENT, 345 N ARLINGTON AVE, RENO, NV, 89501, 7023482210 - 1,456,000 ($15,739,360.00) Equity, (File 333-121131 - Dec. 10) (BR. 05) S-4 LENNAR CORP /NEW/, 700 NW 107TH AVENUE, SUITE 400, MIAMI, FL, 33172, 3055594000 - 0 ($200,000,000.00) Non-Convertible Debt, (File 333-121132 - Dec. 10) (BR. 06) S-1 TERREMARK WORLDWIDE INC, 2601 SOUTH BAYSHORE DRIVE, MIAMI, FL, 33133, 2123199160 - 0 ($86,250,000.00) Debt Convertible into Equity, (File 333-121133 - Dec. 10) (BR. 37) S-1 CHARTER COMMUNICATIONS INC /MO/, 12405 POWERSCOURT DRIVE, SUITE 100, ST LOUIS, MO, 63131, 3145435712 - 0 ($322,500,000.00) Equity, (File 333-121136 - Dec. 10) (BR. 37) S-4 UBIQUITEL OPERATING CO, 6106609510 - 0 ($155,250,000.00) Non-Convertible Debt, (File 333-121137 - Dec. 10) (BR. 37) S-8 RAVEN MOON ENTERTAINMENT INC, 120 INTERNATIONAL PARKWAY, SUITE 220, HEATHROW, FL, 32746, 49,000,000 ($490,000.00) Equity, (File 333-121138 - Dec. 10) (BR. 05) S-8 OAKLEY INC, ONE ICON, FOOTHILL RANCH, CA, 92610, 949-951-0991 - 3,000,000 ($33,461,361.00) Equity, (File 333-121139 - Dec. 10) (BR. 36) S-8 CASH SYSTEMS INC, 5525 SOUTH 900 E., SUITE 110, SALT LAKE CITY, UT, 84117, 801262-884 - 0 ($10,770,000.00) Equity, (File 333-121140 - Dec. 10) (BR. 07) S-8 UNOVA INC, 6001 36TH AVENUE WEST, EVERETT, WA, 98203-1264, 425-265-2400 - 0 ($68,970,000.00) Equity, (File 333-121141 - Dec. 10) (BR. 03) S-8 IMAGING DIAGNOSTIC SYSTEMS INC /FL/, 6531 NW 18TH COURT, PLANTATION, FL, 33313-4520, 3057460500 - 182,500 ($82,125.00) Equity, (File 333-121143 - Dec. 10) (BR. 36) S-8 LEGGETT & PLATT INC, NO. 1 LEGGETT ROAD, CARTHAGE, MO, 64836, (417) 358-8131 - 0 ($20,000,000.00) Equity, (File 333-121144 - Dec. 10) (BR. 06) S-8 DNB FINANCIAL CORP /PA/, 4 BRANDYWINE AVE, DOWNINGTOWN, PA, 19335, 6102691040 - 200,000 ($5,274,000.00) Equity, (File 333-121145 - Dec. 10) (BR. 07) S-8 JED OIL INC., SUITE 2600, 500 - 4TH AVE. S.W., CALGARY, A0, T2P 2V6, 403-537-3250 - 950,000 ($12,825,000.00) Equity, (File 333-121146 - Dec. 10) (BR. 04) S-8 CIMBIX CORP, SUITE #300, 7251 WEST LAKE MEAD, LAS VEGAS, X1, 89128, 415-924-9164 - 40,000 ($10,000.00) Equity, (File 333-121147 - Dec. 10) (BR. 09) S-B EUROPEAN INVESTMENT BANK, 100 BD KONRAD ADENAUER, LUXEMBURG, N4, L 2900, 0 ($5,000,000,000.00) Non-Convertible Debt, (File 333-121148 - Dec. 10) (BR. DN) S-1 INHIBITEX INC, 1165 SANCTUARY PARKWAY, SUITE 400, ALPHARETTA, GA, 30004, 678-746-1100 - 8,810,581 ($104,185,120.32) Equity, (File 333-121149 - Dec. 10) (BR. 01) N-2 Analytic Covered Call Plus Fund, C/O OLD MUTUAL (US) HOLDINGS INC., 200 CLARENDON STREET, 53RD FLOOR, BOSTON, MA, 02116, 617-369-7300 - 66,666 ($999,990.00) Other, (File 333-121150 - Dec. 10) (BR. 16) S-2 BIOPURE CORP, 11 HURLEY ST, CAMBRIDGE, MA, 02141, 6172346500 - 35,033,042 ($20,410,250.27) Equity, (File 333-121151 - Dec. 10) (BR. 01) S-8 ENERGY EAST CORP, PO BOX 12904, STE 2006A 20TH FL, ALBANY, NY, 12212-2904, 5184343049 - 500,000 ($12,540,000.00) Equity, (File 333-121152 - Dec. 10) (BR. 02) S-8 ENERGY EAST CORP, PO BOX 12904, STE 2006A 20TH FL, ALBANY, NY, 12212-2904, 5184343049 - 2,500,000 ($62,700,000.00) Equity, (File 333-121153 - Dec. 10) (BR. 02) S-1 Benjamin Franklin Bancorp, M.H.C., 58 MAIN STREET, P.O. BOX 309, FRANKLIN, MA, 02038, (508) 528-7000 - 7,012,500 ($70,125,000.00) Equity, (File 333-121154 - Dec. 10) (BR. ) S-8 ENERGY EAST CORP, PO BOX 12904, STE 2006A 20TH FL, ALBANY, NY, 12212-2904, 5184343049 - 500,000 ($12,540,000.00) Equity, (File 333-121155 - Dec. 10) (BR. 02) S-8 PEOPLES BANCORPORATION INC /SC/, 1800 E MAIN STREET, P O BOX 1989, EASLEY, SC, 29640, 8038592265 - 307,125 ($6,756,750.00) Equity, (File 333-121156 - Dec. 10) (BR. 07) S-8 PEOPLES BANCORPORATION INC /SC/, 1800 E MAIN STREET, P O BOX 1989, EASLEY, SC, 29640, 8038592265 - 331,426 ($7,291,372.00) Equity, (File 333-121157 - Dec. 10) (BR. 07) S-8 PEOPLES BANCORPORATION INC /SC/, 1800 E MAIN STREET, P O BOX 1989, EASLEY, SC, 29640, 8038592265 - 153,988 ($3,387,736.00) Equity, (File 333-121158 - Dec. 10) (BR. 07) S-8 WATSON WYATT & CO HOLDINGS, 1717 H STREET N W, SUITE 800, WASHINGTON, DC, 20006, (202) 715-7000 - 0 ($669,500.00) Equity, (File 333-121159 - Dec. 10) (BR. 08) S-8 SRA INTERNATIONAL INC, 4300 FAIR LAKES COURT, FAIRFAX, VA, 22033, 7038031500 - 0 ($14,852,500.00) Equity, (File 333-121160 - Dec. 10) (BR. 03) S-8 CHS INC, 5500 CENEX DRIVE, INVER GROVE HEIGHTS, MN, 55077, 651-355-6000 - 0 ($50,000,000.00) Other, (File 333-121161 - Dec. 10) (BR. 04) S-8 BANCO SANTANDER CENTRAL HISPANO SA, NEW YORK BRANCH, 45 EAST 53RD STREET, NEW YORK, NY, 10022, 2124505098 - 531,217 ($6,889,884.49) Equity, (File 333-121162 - Dec. 10) (BR. 07) S-8 GENAERA CORP, 5110 CAMPUS DR, PLYMOUTH MEETING, PA, 19462, 6109415231 - 0 ($15,885,000.00) Equity, (File 333-121163 - Dec. 10) (BR. 01) S-8 KERZNER INTERNATIONAL LTD, ATLANTIS, CORAL TOWERS, EXECUTIVE OFFICES, PARADISE ISLAND, BAH, C5, NONE, 242-363-6000 - 0 ($172,110,000.00) Equity, (File 333-121164 - Dec. 10) (BR. 05) S-8 SRA INTERNATIONAL INC, 4300 FAIR LAKES COURT, FAIRFAX, VA, 22033, 7038031500 - 0 ($5,000,000.00) Equity, (File 333-121165 - Dec. 10) (BR. 03) S-8 QUINTEK TECHNOLOGIES INC, 17951 LYONS CIRCLE, HUNTINGTON BEACH, CA, 92647, 714-848-7741 - 202,389 ($43,514.00) Equity, (File 333-121166 - Dec. 10) (BR. 08) S-3 ENERGY CONVERSION DEVICES INC, 2956 WATERVIEW DRIVE, ROCHESTER HILLS, MI, 48309, 248-293-0440 - 5,285,197 ($105,228,272.00) Equity, (File 333-121167 - Dec. 10) (BR. 36) S-4 PLAINS ALL AMERICAN PIPELINE LP, 333 CLAY STREET, SUITE 1600, HOUSTON, TX, 77002, 7136544100 - 0 ($350,000,000.00) Non-Convertible Debt, (File 333-121168 - Dec. 10) (BR. 04) S-8 INTUIT INC, 2700 COAST AVENUE, MOUNTAIN VIEW, CA, 94043, 650-944-6000 - 0 ($260,020,254.48) Equity, (File 333-121170 - Dec. 10) (BR. 03) S-3 MERCER INTERNATIONAL INC, 14900 INTERURBAN AVENUE SOUTH, SUITE 282, SEATTLE, WA, 98168, 2066744639 - 0 ($500,000,000.00) Unallocated (Universal) Shelf, (File 333-121172 - Dec. 10) (BR. 04) S-1 COMBINATORX, INC, 650 ALBANY STREET, BOSTON, MA, 02119, 617-425-7000 - 0 ($100,000,000.00) Equity, (File 333-121173 - Dec. 10) (BR. ) S-4 ISTAR FINANCIAL INC, 1114 AVENUE OF THE AMERICAS 27TH FLOOR, NEW YORK, NY, 10036, 2129309494 - 0 ($100,000,000.00) Other, (File 333-121174 - Dec. 10) (BR. 08) S-8 MCDATA CORP, 380 INTERLOCKEN CRESCENT, BROOMFIELD, CO, 80021, 3034609200 - 1,000,000 ($5,260,000.00) Equity, (File 333-121175 - Dec. 10) (BR. 37) S-4 SHEFFIELD STEEL CORP, PO BOX 218, SAND SPRINGS, OK, 74063, 9182451335 - 80,000,000 ($80,000,000.00) Other, (File 333-121176 - Dec. 10) (BR. 06) SB-2 ALPENA BANCSHARES INC, 100 SOUTH SECOND AVENUE, ALPNEA, MI, 49707, 5173569041 - 3,853,613 ($38,536,130.00) Equity, (File 333-121178 - Dec. 10) (BR. 07) SB-2 CATALYST LIGHTING GROUP INC, 8450 EAST CRESCENT PARKWAY, SUITE 100, GREENWOOD VILLAGE, CO, 80111, 7208890133 - 5,250,766 ($14,177,068.20) Equity, (File 333-121179 - Dec. 10) (BR. 02) S-8 TRANSAKT CORP, 10,500,000 ($3,150,000.00) Equity, (File 333-121180 - Dec. 10) (BR. 37) RECENT 8K FILINGS Form 8-K is used by companies to file current reports on the following events: 1.01 Entry into a Material Definitive Agreement 1.02 Termination of a Material Definitive Agreement 1.03 Bankruptcy or Receivership 2.01 Completion of Acquisition or Disposition of Assets 2.02 Results of Operations and Financial Condition 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off- Balance Sheet Arrangement of a Registrant 2.04 Triggering Events That Accelerate or Increase a Direct Financial Obligation under an Off- Balance Sheet Arrangement 2.05 Cost Associated with Exit or Disposal Activities 2.06 Material Impairments 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing 3.02 Unregistered Sales of Equity Securities 3.03 Material Modifications to Rights of Security Holders 4.01 Changes in Registrant’s Certifying Accountant 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review 5.01 Changes in Control of Registrant 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year 5.04 Temporary Suspension of Trading Under Registrant's Employee Benefit Plans 5.05 Amendments to the Registrant’s Code of Ethics, or Waiver of a Provision of the Code of Ethics 7.01 Regulation FD Disclosure 8.01 Other Events 9.01 Financial Statements and Exhibits 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 DATE COMMENT ------------------------------------------------------------------------------------------------ ABLEAUCTIONS COM INC FL 7.01,9.01 12/10/04 ABM INDUSTRIES INC /DE/ DE 1.01 12/06/04 ACLARA BIOSCIENCES INC DE 2.01,5.01,8.01,9.01 12/10/04 ADVANCED BIO/CHEM INC NV 1.01,2.01,3.02,5.01,5.03,9.01 04/21/03 AFP IMAGING CORP NY 1.01,9.01 12/10/04 AIRGATE PCS INC /DE/ DE 1.01,9.01 12/07/04 AIRTRAX INC NJ 5.02,9.01 12/07/04 ALFA INTERNATIONAL CORP NJ 7.01 12/10/04 ALLEGHENY TECHNOLOGIES INC DE 1.01 12/09/04 ALLIANCE IMAGING INC /DE/ DE 8.01,9.01 12/08/04 ALLIED HOLDINGS INC GA 7.01,9.01 12/09/04 ALLIED WASTE INDUSTRIES INC DE 1.01,5.02,8.01,9.01 12/06/04 ALLIED WASTE INDUSTRIES INC DE 1.02,5.02 12/06/04 ALLIN CORP DE 1.01,3.02,8.01,9.01 12/08/04 AMERICAN REAL ESTATE HOLDINGS L P DE 1.01 12/06/04 AMERICAN REAL ESTATE PARTNERS L P DE 1.01 12/06/04 AMERICAN VANGUARD CORP DE 8.01,9.01 12/06/04 AMERICAS CARMART INC TX 2.02,9.01 12/07/04 AmeriCredit Automobile Receivables Tr DE 8.01,9.01 12/10/04 AMERICREDIT AUTOMOBILE RECEIVABLES TR DE 8.01,9.01 12/10/04 AMERICREDIT AUTOMOBILE RECEIVABLES TR DE 8.01,9.01 12/10/04 AmeriCredit Automobile Receivables Tr DE 8.01,9.01 12/10/04 AmeriCredit Automobile Receivables Tr DE 8.01,9.01 12/10/04 AMERITRADE HOLDING CORP DE 4.02 12/08/04 AMERIVEST PROPERTIES INC MD 1.01,9.01 12/07/04 ANALEX CORP NY 8.01 12/08/04 ANCHOR GLASS CONTAINER CORP /NEW DE 8.01 12/07/04 ANDREA ELECTRONICS CORP NY 5.02,9.01 12/07/04 ANTHRACITE CAPITAL INC MD 5.02,8.01,9.01 12/09/04 APPLEBEES INTERNATIONAL INC DE 8.01 12/10/04 APPLIED SPECTRUM TECHNOLOGIES INC MN 4.01 09/09/04 ARADYME CORP DE 8.01 12/10/04 ARLINGTON HOSPITALITY INC DE 3.01 12/06/04 ARROW MAGNOLIA INTERNATIONAL INC TX 1.01 12/03/04 ASHFORD HOSPITALITY TRUST INC MD 7.01,9.01 12/09/04 ASIA PAYMENT SYSTEMS NV 7.01,9.01 12/09/04 ASPENBIO INC CO 1.01,5.02,9.01 12/10/04 ASTRATA GROUP INC NV 8.01,9.01 12/09/04 ASYST TECHNOLOGIES INC /CA/ CA 2.05,9.01 12/06/04 AVICI SYSTEMS INC DE 1.01,9.01 12/08/04 AZTAR CORP DE 5.02 12/09/04 BAKBONE SOFTWARE INC 8.01,9.01 12/06/04 Banc of America Commercial Mortgage I DE 8.01,9.01 12/10/04 BANC OF AMERICA MORTGAGE SECURITIES I DE 8.01,9.01 12/10/04 Banc of America Mortgage Securities M DE 8.01,9.01 12/10/04 BANKUNITED FINANCIAL CORP FL 1.01 12/07/04 BANTA CORP WI 1.01 12/07/04 BARRY R G CORP /OH/ OH 1.01,9.01 12/09/04 BEBE STORES INC CA 7.01 12/09/04 BIO REFERENCE LABORATORIES INC NJ 1.01,9.01 12/06/04 BOCA RESORTS INC DE 8.01,9.01 12/10/04 BOOKHAM, INC. DE 2.05 12/07/04 BOSTON SCIENTIFIC CORP DE 1.01,9.01 12/10/04 BOWLIN TRAVEL CENTERS INC NV 2.02,9.01 12/10/04 BP INTERNATIONAL INC DE 1.01,3.02,9.01 12/02/04 BRANDPARTNERS GROUP INC DE 8.01,9.01 12/08/04 BRAZIL FAST FOOD CORP DE 2.02,8.01,9.01 12/09/04 CABOT MICROELECTRONICS CORP DE 1.01 12/07/04 CAPITAL ONE AUTO FINANCE TRUST 2004-A DE 8.01,9.01 12/10/04 Capital One Auto Finance Trust 2004-B DE 8.01,9.01 12/10/04 CAPITAL ONE AUTO RECEIVABLES LLC DE 8.01,9.01 12/10/04 CAPITAL ONE FINANCIAL CORP DE 7.01,9.01 12/09/04 CAPITAL ONE MASTER TRUST NY 8.01,9.01 12/09/04 CAPITAL ONE MULTI ASSET EXECUTION TRU DE 8.01,9.01 12/09/04 CAPITAL ONE PRIME AUTO RECEIVABLES TR DE 8.01,9.01 12/10/04 Capital One Prime Auto Receivables Tr DE 8.01,9.01 12/10/04 CAPITAL SENIOR LIVING CORP DE 8.01,9.01 12/06/04 CARROLS CORP DE 8.01 12/09/04 CASELLA WASTE SYSTEMS INC DE 8.01,9.01 12/09/04 CATERPILLAR INC DE 5.02 12/10/04 CCC INFORMATION SERVICES GROUP INC DE 1.01,9.01 12/09/04 CDI CORP PA 5.02 12/06/04 CELSION CORP MD 1.01,9.01 12/08/04 CENVEO, INC CO 7.01 12/10/04 CFS BANCORP INC DE 7.01,9.01 12/08/04 CGI HOLDING CORP NV 3.02,9.01 12/06/04 CHARLES RIVER LABORATORIES INTERNATIO 2.05,2.06,5.02,9.01 12/06/04 CHARTER COMMUNICATIONS INC /MO/ DE 5.02,8.01 12/09/04 CHEROKEE INTERNATIONAL CORP DE 5.02,9.01 12/09/04 CHINA ENERGY & CARBON BLACK HOLDINGS, NV 1.01,9.01 09/30/04 AMEND CHIRON CORP DE 8.01,9.01 12/10/04 CHURCH & DWIGHT CO INC /DE/ DE 1.01,8.01,9.01 12/07/04 COGNIGEN NETWORKS INC CO 1.01,5.02,5.03,9.01 12/10/04 COLGATE PALMOLIVE CO DE 2.05,7.01,9.01 12/06/04 COLLECTORS UNIVERSE INC DE 1.01 12/06/04 COLORADO COMMUNITY BRAODCASTING INC CO 5.03 12/08/04 Community Bancorp NV 8.01,9.01 12/09/04 COMMUNITY VALLEY BANCORP CA 8.01,9.01 12/10/04 COMPREHENSIVE HEALTHCARE SOLUTIONS IN DE 3.01 12/10/04 CONOLOG CORP DE 3.02 12/08/04 CONVERA CORP DE 2.05,9.01 12/10/04 COSTCO WHOLESALE CORP /NEW WA 9.01 12/10/04 COUSINS PROPERTIES INC GA 1.01,9.01 12/08/04 COVANSYS CORP MI 1.01 12/09/04 CRAWFORD & CO GA 8.01 12/10/04 CRAY INC WA 5.02,5.03,9.01 12/07/04 CROWN HOLDINGS INC PA 1.01,3.03,5.03,8.01,9.01 12/09/04 CRT PROPERTIES INC FL 2.01,9.01 11/24/04 AMEND CRYOLIFE INC FL 5.03,9.01 12/08/04 CUTTER & BUCK INC WA 2.02,5.02,7.01,9.01 12/09/04 CWABS INC ASSET BACKED CERTIFICATES S DE 8.01,9.01 11/29/04 CWABS INC ASSET BACKED CERTIFICATES S DE 8.01,9.01 11/29/04 CWABS INC ASSET BACKED CERTIFICATES S DE 9.01 11/30/04 CWALT INC 8.01,9.01 08/30/04 CWALT INC 8.01,9.01 08/30/04 CWMBS INC DE 8.01,9.01 08/30/04 CWMBS INC DE 8.01,9.01 09/29/04 CYANOTECH CORP NV 7.01,9.01 12/06/04 DAN RIVER INC /GA/ GA 8.01,9.01 12/07/04 DANA CORP VA 1.01,2.03,8.01,9.01 12/07/04 DEL MONTE FOODS CO DE 1.01,9.01 12/07/04 DELPHI CORP DE 8.01,9.01 12/10/04 DIAGNOSTIC PRODUCTS CORP CA 5.02 12/08/04 DICKS SPORTING GOODS INC DE 1.01,8.01,9.01 12/09/04 DIMON INC VA 8.01,9.01 12/10/04 DIOMED HOLDINGS INC NV 1.01,9.01 12/09/04 DIVERSIFIED FINANCIAL RESOURCES CORP DE 8.01 12/10/04 DRAGON PHARMACEUTICALS INC FL 8.01,9.01 12/10/04 DRUGMAX INC NV 8.01,9.01 12/10/04 DUANE READE INC DE 1.01 12/08/04 EATON CORP OH 1.01 12/08/04 ELECSYS CORP KS 2.02,9.01 12/10/04 ENHANCE BIOTECH INC DE 2.01,9.01 09/01/04 AMEND ENPRO INDUSTRIES INC NC 2.05 12/10/04 EQUINIX INC DE 1.01,2.02,2.03,8.01,9.01 12/06/04 EQUITY RESIDENTIAL MD 5.03,9.01 12/09/04 ERIE INDEMNITY CO PA 5.02,9.01 12/10/04 FEDERAL MOGUL CORP MI 5.02,8.01 12/10/04 FIDELITY NATIONAL FINANCIAL INC /DE/ DE 8.01,9.01 12/08/04 FIRST HORIZON ASSET SECURITIES INC DE 8.01,9.01 12/10/04 FIRST INDUSTRIAL LP DE 8.01,9.01 12/06/04 FIRST INDUSTRIAL REALTY TRUST INC MD 8.01,9.01 12/06/04 FIRSTENERGY CORP OH 8.01,9.01 12/10/04 FREDERICK COUNTY BANCORP INC MD 8.01,9.01 10/13/04 FUTOMIC INDUSTRIES INC NJ 8.01 12/09/04 GENENCOR INTERNATIONAL INC DE 1.01 12/07/04 GENSYM CORP DE 1.01 12/09/04 GLOBAL CROSSING LTD 7.01,9.01 12/10/04 GLOBAL ENTERTAINMENT CORP NV 8.01,9.01 12/09/04 GOODRICH CORP NY 1.01 12/06/04 GREAT EXPECTATIONS & ASSOCIATES INC CO 3.02 12/08/04 GREENFIELD ONLINE INC DE 1.01 12/06/04 GREY GLOBAL GROUP INC DE 1.01,9.01 12/10/04 GS MORTGAGE SECURITIES CORP DE 8.01,9.01 12/08/04 GSE SYSTEMS INC DE 5.02 12/07/04 GSI COMMERCE INC DE 1.01,9.01 12/08/04 GSR Mortgage Loan Trust 2004-14 DE 8.01 11/26/04 HALLIBURTON CO DE 7.01,8.01 12/08/04 HARBOR GLOBAL CO LTD 1.01,9.01 12/10/04 HAWAIIAN HOLDINGS INC DE 9.01 12/08/04 AMEND HAYES LEMMERZ INTERNATIONAL INC DE 2.02,7.01,9.01 12/10/04 HEALTHBRIDGE INC TX 3.02,5.01,9.01 12/05/04 AMEND HEARTLAND EXPRESS INC NV 8.01,9.01 12/10/04 HEI INC MN 1.01,9.01 12/07/04 HICKOK INC OH 2.02 09/30/04 HICKORY TECH CORP MN 8.01,9.01 12/09/04 Homestar Mortgage Acceptance Corp Ass DE 9.01 12/09/04 IC ISAACS & CO INC DE 5.02,9.01 12/06/04 ICON CASH FLOW PARTNERS L P SEVEN DE 1.01 12/06/04 ICON INCOME FUND EIGHT /DE DE 1.01 12/06/04 ICON INCOME FUND EIGHT B LP 1.01 12/06/04 ICON INCOME FUND NINE LLC DE 1.01 12/06/04 ICON INCOME FUND TEN LLC DE 1.01 12/06/04 IDACORP INC ID 1.01,8.01,9.01 12/09/04 IHOP CORP DE 5.02,9.01 12/09/04 IMAGE TECHNOLOGY LABORATORIES INC DE 5.02,9.01 12/08/04 INDYMAC ABS INC DE 8.01,9.01 12/08/04 INFOSPACE INC DE 1.01,9.01 12/09/04 INTEGRATED ELECTRICAL SERVICES INC DE 1.01,5.05,9.01 12/06/04 INTELLIGROUP INC NJ 1.01,5.02,7.01,9.01 12/06/04 INTER TEL INC AZ 7.01,9.01 12/08/04 INTERGRAPH CORP DE 5.02,9.01 12/10/04 Intermix Media, Inc. DE 1.01,3.02,5.02,7.01,9.01 12/08/04 INTERNATIONAL CARD ESTABLISHMENT INC DE 1.01,3.02,9.01 12/06/04 INTERNATIONAL SPECIALTY HOLDINGS INC 5.02 12/08/04 INTERSTATE BAKERIES CORP/DE/ DE 7.01,9.01 12/10/04 INTERVOICE INC TX 1.01 12/06/04 INTRAC INC NV 1.01,2.01,5.01,5.02,5.03,8.01 12/06/04 INTROGEN THERAPEUTICS INC 1.01,9.01 12/06/04 INTROGEN THERAPEUTICS INC 8.01,9.01 12/09/04 IRVINE SENSORS CORP/DE/ DE 2.02,9.01 12/10/04 ISONICS CORP CA 7.01,9.01 12/01/04 ISP CHEMCO INC 5.02 12/08/04 ISTAR FINANCIAL INC MD 8.01,9.01 12/10/04 IXYS CORP /DE/ DE 1.01 11/23/04 J P MORGAN CHASE & CO DE 5.04,9.01 12/10/04 JACUZZI BRANDS INC DE 1.01,5.02,9.01 12/02/04 AMEND JONES SODA CO WA 8.01,9.01 12/06/04 KEYNOTE SYSTEMS INC DE 8.01 12/10/04 KIMBALL INTERNATIONAL INC IN 1.01 12/10/04 KROGER CO OH 2.02 12/09/04 LANDSTAR SYSTEM INC DE 8.01,9.01 12/09/04 LCC INTERNATIONAL INC DE 1.01,1.02,9.01 12/10/04 LECTEC CORP /MN/ MN 1.01 12/07/04 LEGAL ACCESS TECHNOLOGIES INC NV 5.02,8.01 12/06/04 LEGGETT & PLATT INC MO 1.01,9.01 12/08/04 LITFUNDING CORP NV 8.01,9.01 12/09/04 AMEND LUCENT TECHNOLOGIES INC DE 3.02 12/10/04 LYONDELL CHEMICAL CO DE 8.01,9.01 12/10/04 MAGNUS INTERNATIONAL RESOURCES, INC. NV 1.01,8.01,9.01 12/02/04 MAINE & MARITIMES CORP 7.01,9.01 12/10/04 MANATRON INC MI 2.02,9.01 12/10/04 MANDALAY RESORT GROUP NV 8.01,9.01 12/10/04 MAXIM MORTGAGE CORP/ DE 4.01 12/06/04 MAXIM MORTGAGE CORP/ DE 4.01,9.01 11/09/04 AMEND MAYTAG CORP DE 1.01,1.02,9.01 12/06/04 MEDISCIENCE TECHNOLOGY CORP NJ 1.01,9.01 12/09/04 MEISENHEIMER CAPITAL INC DE 4.01,9.01 12/07/04 MERCER INTERNATIONAL INC WA 1.01,9.01 12/10/04 AMEND MERIX CORP OR 1.01,2.01,9.01 12/09/04 MERRILL LYNCH MORTGAGE INVESTORS INC DE 8.01,9.01 12/08/04 MISSION RESOURCES CORP DE 8.01 12/09/04 MISSION RESOURCES CORP DE 1.01 12/10/04 MONSTER WORLDWIDE INC DE 8.01 12/10/04 MORGAN STANLEY DEAN WITTER CAPITAL I DE 8.01,9.01 12/08/04 MORTGAGE ASSET SECURITIZATION TRANSAC DE 8.01,9.01 12/10/04 NATCO GROUP INC DE 1.01,5.02,8.01,9.01 12/07/04 NATIONAL DENTEX CORP /MA/ MA 8.01,9.01 12/10/04 NATIONAL HEALTH INVESTORS INC MD 8.01 12/10/04 NATIONAL HEALTH REALTY INC MD 8.01 12/10/04 NATIONAL HEALTHCARE CORP DE 8.01 12/10/04 NESCO INDUSTRIES INC NV 5.02 12/05/04 NETWORK APPLIANCE INC CA 5.02 12/07/04 NEXIA HOLDINGS INC NV 3.02 12/08/04 NOMURA ASSET ACCEPTANCE CORP DE 8.01,9.01 12/09/04 NORTEL NETWORKS CORP 1.01,9.01 12/10/04 NORTEL NETWORKS LTD 1.01,9.01 12/10/04 NOVADEL PHARMA INC DE 1.01,9.01 12/06/04 NOVASTAR FINANCIAL INC MD 8.01,9.01 12/10/04 NUCLEAR SOLUTIONS INC NV 3.02 12/10/04 NYER MEDICAL GROUP INC FL 3.01 12/06/04 OAKLEY INC WA 5.02,9.01 12/10/04 ONEIDA LTD NY 7.01,9.01 12/10/04 OPSWARE INC DE 1.01,8.01,9.01 12/10/04 OPTIO SOFTWARE INC GA 2.02,7.01,9.01 12/09/04 ORTHOLOGIC CORP DE 7.01,9.01 12/10/04 OSHKOSH B GOSH INC DE 1.01,5.03 12/10/04 PACIFIC BIOMETRICS INC DE 4.01,9.01 12/06/04 PACIFICNET INC DE 1.01,9.01 12/09/04 PARKER DRILLING CO /DE/ DE 1.01,5.02 12/10/04 PATTERSON UTI ENERGY INC DE 1.01 12/10/04 PAVILION BANCORP INC 5.02,9.01 12/10/04 PEGASYSTEMS INC MA 1.01 11/01/04 PEPSIAMERICAS INC/IL/ DE 1.01,9.01 12/07/04 PEPSICO INC NC 7.01,9.01 11/11/04 PERCEPTRON INC/MI MI 1.01,9.01 12/06/04 PEREGRINE PHARMACEUTICALS INC DE 2.02,9.01 12/10/04 PIEDMONT NATURAL GAS CO INC NC 2.02,8.01,9.01 12/10/04 PNM RESOURCES INC NM 1.01 12/10/04 POLAROID HOLDING CO DE 1.01,8.01,9.01 12/07/04 POWERBALL INTERNATIONAL INC UT 5.02 12/06/04 PRAECIS PHARMACEUTICALS INC DE 8.01 12/09/04 PRESIDENTIAL REALTY CORP/DE/ DE 8.01,9.01 12/10/04 PRESIDENTIAL REALTY CORP/DE/ DE 1.01,2.01,9.01 09/24/04 AMEND PRICESMART INC DE 2.02,9.01 12/08/04 PROGRESSIVE CORP/OH/ OH 1.01,7.01,9.01 12/08/04 QUADRAMED CORP DE 8.01,9.01 12/09/04 RAILAMERICA INC /DE DE 8.01,9.01 12/08/04 RAMP CORP DE 3.02,9.01 12/06/04 RANGE RESOURCES CORP DE 1.01,9.01 12/06/04 REMEC INC CA 4.01 09/30/04 AMEND REMOTE KNOWLEDGE INC DE 1.01,9.01 12/06/04 RESOURCE AMERICA INC DE 9.01 07/16/04 AMEND RETURN ON INVESTMENT CORP DE 1.01,9.01 12/06/04 RICA FOODS INC NV 5.02,5.03,9.01 12/09/04 ROCKWELL MEDICAL TECHNOLOGIES INC MI 1.01,2.03,7.01,9.01 12/09/04 ROWAN COMPANIES INC DE 8.01,9.01 12/10/04 RUSH FINANCIAL TECHNOLOGIES INC TX 5.02,9.01 12/02/04 SAFEGUARD SCIENTIFICS INC PA 3.01 12/10/04 SAMSONITE CORP/FL DE 2.02,9.01 12/09/04 SANGUI BIOTECH INTERNATIONAL INC CO 4.01 09/09/04 SCANSOFT INC DE 2.01,9.01 12/06/04 SCHOLASTIC CORP DE 5.04,9.01 12/07/04 SCHWAB CHARLES CORP DE 1.01 12/07/04 SCIENTIFIC GAMES CORP DE 8.01,9.01 12/09/04 SEALIFE CORP DE 1.01 12/06/04 SELAS CORP OF AMERICA PA 1.01 12/06/04 SERVOTRONICS INC /DE/ DE 1.01 12/09/04 SHUFFLE MASTER INC MN 2.02,8.01,9.01 12/09/04 SILVER STAR ENERGY INC NY 1.01,2.03,3.02,9.01 11/24/04 AMEND SINOFRESH HEALTHCARE INC FL 1.01,3.02,7.01,9.01 12/06/04 SIRENZA MICRODEVICES INC DE 1.01,9.01 12/07/04 SIRNA THERAPEUTICS INC CO 1.01,3.02,8.01,9.01 12/06/04 SMITH INTERNATIONAL INC DE 5.03,9.01 12/10/04 SONIC INNOVATIONS INC DE 1.01,2.01,3.02,7.01,9.01 12/06/04 SONICBLUE INC DE 8.01,9.01 10/31/04 SOURCE INTERLINK COMPANIES INC MO 2.02,8.01,9.01 12/09/04 SOUTHERN CALIFORNIA EDISON CO CA 8.01,9.01 12/06/04 SOUTHERN CALIFORNIA GAS CO CA 8.01,9.01 12/07/04 SOUTHERN COMMUNITY FINANCIAL CORP NC 5.02 12/08/04 SPATIALIGHT INC NY 4.01,9.01 12/06/04 SPORTSLINE COM INC DE 2.01,3.01,5.01,9.01 12/10/04 SPX CORP DE 1.01,1.02,5.02,9.01 12/08/04 AMEND STARBUCKS CORP WA 1.01,9.01 12/08/04 STONE ENERGY CORP DE 7.01,9.01 12/09/04 Structured Asset Investment Loan Trus DE 8.01 12/10/04 STRUCTURED ASSET MORTGAGE INVESTMENTS DE 8.01,9.01 12/10/04 STRUCTURED ASSET SECURITIES CORP DE 8.01 12/10/04 STRYKER CORP MI 5.02 12/10/04 SYNTHETIC TURF CORP OF AMERICA NV 2.01,3.02,3.03,5.02,5.03,9.01 12/01/04 SYSTEMAX INC DE 1.01,9.01 12/09/04 TARRANT APPAREL GROUP CA 1.01,9.01 12/06/04 TAYLOR CAPITAL GROUP INC DE 1.01,9.01 12/09/04 TIFFANY & CO DE 1.01,7.01,9.01 12/06/04 STATE TII NETWORK TECHNOLOGIES INC DE 5.02,9.01 12/08/04 TIME WARNER INC DE 8.01 12/06/04 TLC VISION CORP A6 1.01,9.01 12/09/04 TRESTLE HOLDINGS INC DE 8.01,9.01 12/09/04 TRINITY LEARNING CORP UT 4.01,9.01 12/06/04 TRUE HEALTH INC UT 5.02,9.01 09/27/04 TXU ENERGY CO LLC TX 8.01 12/10/04 TXU ENERGY CO LLC TX 8.01,9.01 12/10/04 ULTICOM INC NJ 1.01,9.01 12/10/04 UMPQUA HOLDINGS CORP OR 1.01,1.02,7.01,9.01 12/09/04 UNIVERSAL ACCESS GLOBAL HOLDINGS INC DE 8.01 12/06/04 UNIZAN FINANCIAL CORP OH 7.01,9.01 12/10/04 US MEDSYS CORP CO 1.01,2.03,5.02,9.01 12/06/04 V I TECHNOLOGIES INC DE 1.01,8.01,9.01 12/08/04 V I TECHNOLOGIES INC DE 8.01,9.01 12/10/04 VAIL RESORTS INC DE 2.02 10/31/04 VALSPAR CORP DE 5.02 12/08/04 VANTAGEMED CORP DE 4.01,9.01 11/08/04 AMEND VERILINK CORP DE 1.01,9.01 12/06/04 VINEYARD NATIONAL BANCORP CA 3.02,9.01 12/10/04 VIRCO MFG CORPORATION DE 7.01,9.01 12/10/04 VIROLOGIC INC DE 2.01,5.02,5.03,9.01 12/10/04 VITALWORKS INC DE 1.01,9.01 12/09/04 VOXWARE INC DE 1.01 12/08/04 W R GRACE & CO DE 8.01 12/09/04 WABASH NATIONAL CORP /DE DE 5.02,9.01 12/09/04 WEBSTER FINANCIAL CORP DE 8.01 12/10/04 WELLS REAL ESTATE FUND II-OW GA 8.01 11/30/04 AMEND WELLS REAL ESTATE FUND III L P GA 8.01 11/30/04 AMEND WELLS REAL ESTATE FUND IX LP GA 8.01 11/30/04 AMEND WELLS REAL ESTATE FUND V L P GA 8.01 11/30/04 AMEND WELLS REAL ESTATE FUND VI L P GA 8.01 11/30/04 AMEND WELLS REAL ESTATE FUND VII L P GA 8.01 11/30/04 AMEND WELLS REAL ESTATE FUND VIII LP GA 8.01 11/30/04 AMEND WELLS REAL ESTATE FUND X L P GA 8.01 11/30/04 AMEND WELLS REAL ESTATE FUND XI L P GA 9.01 10/05/04 AMEND WELLS REAL ESTATE FUND XI L P GA 8.01 11/30/04 AMEND WELLS REAL ESTATE FUND XII LP GA 9.01 10/05/04 AMEND WELLS REAL ESTATE FUND XII LP GA 8.01 11/30/04 AMEND WELLS REAL ESTATE FUND XIII L P GA 8.01 11/30/04 AMEND WELLS REAL ESTATE INVESTMENT TRUST II MD 8.01 11/30/04 WELLS REAL ESTATE INVESTMENT TRUST IN DE 7.01,8.01 11/30/04 WGL HOLDINGS INC VA 5.04,9.01 12/09/04 WINNEBAGO INDUSTRIES INC IA 7.01,9.01 12/09/04 WIRELESS DATA SOLUTIONS INC UT 8.01 12/10/04 WISCONSIN ENERGY CORP WI 1.01,9.01 12/06/04 Wornick CO DE 5.02,9.01 12/07/04 AMEND Xenonics Holdings, Inc. NV 2.02,9.01 12/07/04 YANKEE CANDLE CO INC 5.02,9.01 10/26/04 YaSheng Group CA 4.01 12/02/04 ZALE CORP DE 1.01,9.01 12/10/04 ZAP CA 7.01,8.01,9.01 12/10/04