illue 94-7 u.s. si::cljhi jh:'s - sec.govthree years to be permitted to resume appearing or...

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Illue 94-7 U.S. SI::CLJHI j"H:'S January 11, 1994 EXCHANGE COMMISSION COHlIISSIOB AD01JlICEIiEittS CHANGE IN THE HEETING: TIKE CHANGE The time of the open meeting scheduled for Wednesday, January 12, 1994, has been changed from 10:00 a.m. to 11:00 a.m. CHANGE IN THE nETING: DELETION The following item was not considered at a closed meeting on Friday, January 7, 1994, at 10:00 a.m.: Opinion. AT TIKES CHANGES IN COHKISSION PRIORITIES REQUIRE ALTERATIONS IN THE SCHEDULING OF HEETING ITEMS. FOR FURTHER INFORMATION AND TO ASCERTAIN WHAT, IF ANY, HATTERS HAVE BEEN ADDED. DELETED OR POSTPONED, PLEASE CONTACT: Brian Lane at (202) 272-2400. DP'ORCDD'l PROCUDIBGS SETTLEMENT OFFER OF MICHAEL WOZNIAK ACCEPTED The Commission announced the entry of an Order Instituting Public Administrative Proceedings, Making Findings and Imposing Remedial Sanctions against Michael D. Wozniak (Wozniak) and accepting Wozniak's Offer of Settlement. The Order contains findings that on October 29. 1993. an Order of Permanent Injunction was entered by the United States District Court for the Northern District of Illinois which permanently enjoined Wozniak from future violations of Section 17(a) of the Securities Act, Section 10(b) of the Exchange Act and Rule 10b-5 promulgated thereunder. The Order also contains findings that Wozniak willfully violated the above-mentioned federal securities laws. Wozniak consented to the issuance of the Order without admitting or denying the Commission's findings. except for the entry of an Order of Permanent Injunction, which was admitted. In its civil complaint. the Commission alleged that from at least August 1991 to July 20, 1992 Wozniak engaged in activities in which he raised at least $640,000 from 19 investors and made material. false and misleading statements and failed to disclose material facts to these investors regarding. among other things. the use of their funds and the risks of the investments.

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Page 1: Illue 94-7 U.S. SI::CLJHI jH:'S - SEC.govthree years to be permitted to resume appearing or practicing before the Commission. (Rel. 34-33409; AAE Rel. 513) DEFAULT JUDGMENT ENTERED

Illue 94-7 U.S. SI::CLJHI j"H:'S January 11, 1994

EXCHANGE COMMISSION

COHlIISSIOB AD01JlICEIiEittS

CHANGE IN THE HEETING: TIKE CHANGE

The time of the open meeting scheduled for Wednesday, January 12, 1994, has been changed from 10:00 a.m. to 11:00 a.m.

CHANGE IN THE nETING: DELETION

The following item was not considered at a closed meeting on Friday, January 7, 1994,at 10:00 a.m.: Opinion.

AT TIKES CHANGES IN COHKISSION PRIORITIES REQUIRE ALTERATIONS IN THE SCHEDULING OF HEETING ITEMS. FOR FURTHER INFORMATION AND TO ASCERTAIN WHAT, IF ANY, HATTERS HAVE BEEN ADDED. DELETED OR POSTPONED, PLEASE CONTACT: Brian Lane at (202) 272-2400.

DP'ORCDD'l PROCUDIBGS

SETTLEMENT OFFER OF MICHAEL WOZNIAK ACCEPTED

The Commission announced the entry of an Order Instituting Public Administrative Proceedings, Making Findings and Imposing Remedial Sanctions against Michael D. Wozniak (Wozniak) and accepting Wozniak's Offer of Settlement.

The Order contains findings that on October 29. 1993. an Order of Permanent Injunctionwas entered by the United States District Court for the Northern District of Illinois which permanently enjoined Wozniak from future violations of Section 17(a) of the Securities Act, Section 10(b) of the Exchange Act and Rule 10b-5 promulgatedthereunder. The Order also contains findings that Wozniak willfully violated the above-mentioned federal securities laws. Wozniak consented to the issuance of the Order without admitting or denying the Commission's findings. except for the entryof an Order of Permanent Injunction, which was admitted. In its civil complaint. the Commission alleged that from at least August 1991 to July 20, 1992 Wozniak engagedin activities in which he raised at least $640,000 from 19 investors and made material. false and misleading statements and failed to disclose material facts to these investors regarding. among other things. the use of their funds and the risks of the investments.

Page 2: Illue 94-7 U.S. SI::CLJHI jH:'S - SEC.govthree years to be permitted to resume appearing or practicing before the Commission. (Rel. 34-33409; AAE Rel. 513) DEFAULT JUDGMENT ENTERED

The Commission's Order bars Wozniak from association with any broker, dealer,investment company, investment adviser or municipal securities dealer. (IA-1397)

THEODORE HOFMANN, CPA, SETTLES CIVIL INJUNCTIVE ACTION AND IS BARRED IN ADMINISTRATIVE PROCEEDINGS

The Commission announced the entry of a Final Judgment of Permanent Injunctive and Other Relief (Final Judgment) against Theodore Hofmann, CPA (Hofmann), a California resident, in SEC v. The Software Toolworks. et al., C-93-3581 (PHS) (N.D. Ca. Sept.30, 1993). The complaint alleges that Hofmann was the corporate controller of The Software Toolworks, Inc. (Toolworks), and that he, along with other Toolworks officials, knowingly or recklessly provided false financial information that was included in Toolworks' June 1990 Form 10-Q. The complaint further alleges that Hofmann and others traded Too1works' stock while in possession of material nonpublicinformation regarding Too1works' financial condition. Hofmann consented to the Final Judgment, which enjoins him from further violations of the antifraud and reportingprovisions of the federal securities laws, and which orders him to disgorge an amount equal to the 10sse. he avoided by hi. illegal trade.. [SEC v. The Software Toolworks,Inc., USDC, ND CA, Civ. Action No. 93-3581, PHS] (LR-13921; AAE Re1. 513A)

Also issued was an Opinion and Order Pursuant To Rule 2(e) of the Commission's Rules and Practice (Order) making findings and imposing remedial sanctions against Hofmann. Hofmann consented to the Order and submittee an Offer of Settlement vithout admittingor denying any findings, except the finding that the Final Judgment vas entered against him. Hofmann also consented to the imposition of a bar against appearing or practicing before the Commission, with the right to reapply to the Commission after three years to be permitted to resume appearing or practicing before the Commission. (Rel. 34-33409; AAE Rel. 513)

DEFAULT JUDGMENT ENTERED AGAINST MICHAEL SCOTT LANGHEINRICH

The Commission announced that on December 21, 1993 the Honorable Aldon J. Anderson, Senior U.S. District Judge for the District of Utah, entered an order for default judgment of permanent injunction against Michael Scott Langheinrich of Salt Lake City, Utah.

The Commission'S September 27, 1993 complaint alleges violations of Section 17(a) of the Securities Act of 1933, as amended, and Section lOeb) of the Securities ExchangeAct of 1934, as amended, and Rule lOb-5 promulgated thereunder.

Further, the Commission's complaint alleged that in February 1992 Langheinrichtelephoned a Salt Lake City broker-dealer and mislead it into believing he vas his brother, vho maintained an account at this broker-dealer. Langheinrich placed an order to sell all stock in his brother'S account and requested that the proceeds be forwarded to his brother'S address at a time when his brother was out of town. Langheinrich then used the proceeds for his personal benefit. [SEC v. Michael Scott Langheinrich, USDC, UT, Civil Action No. 93-C-857A] (LR-13924)

HEWS DIGEST, January 11, 1994 2

Page 3: Illue 94-7 U.S. SI::CLJHI jH:'S - SEC.govthree years to be permitted to resume appearing or practicing before the Commission. (Rel. 34-33409; AAE Rel. 513) DEFAULT JUDGMENT ENTERED

JUNCTION FINANCIAL, ET AL. ENJOINED

The Commillion announced that on December 29, 1993 in the U.S. Diltrict Court for the Southern Diltrict of Florida, permanent injunctionl were entered, by conlent, alain.t Junction Financial Corporation, U.S. O.trich Corporation, Stephen I. T..bman and Harcia Jo.ovits. They are enjoined from future violation. of the relhtration. antifraud, and broker-dealer reli.tration and antifraud provilionl of the federal securit1e. lawi. The Commi ..ion's complaint in thh matter alleled that the defendant. railed over $3,000,000 from approz1mately 1,100 inve.tor. in 48 of the United Stat .. and Canada and converted the majority of the fundi to ule of the principall and other.; offered and .old inve.tment contract. which vere characterised by the defendants as general partnership while no reghtration .tatement wa. in effect; made milstatements and omitted to state material fact. conceminl the u.e of proceed., that cea.e and de.ist order. again.t further .alel had been entered byseveral .tate. and that Tashman failed to disclose a felony conviction; and that the.e interests were sold by the defendants while the defendants were not regiltered with the Commission as broker-dealers. The amount of disgorgement, prejudgment interest and civil penalties are to be determined by the Court at a later date. [SEC v , Junction Financial Corporation, U.S. Ostrich Corporation, Stephen E. Tashman and Marcia Josowitz, Civil Action No. 93-7082, USDC, SD FL] (LR-13926)

TERENCE ZAWACKI SENTENCED

The Commission announced that on September 21, 1993 the U. S. Attorney for the Northern District of Ohio accepted a guilty plea from Terence W. Zawacki (Zawacki) in response to an lS-count information previously filed against him. Zawacki wa. the president of First Ohio Securities Company (FOSC), a now defunct broker-dealer previouslyregistered with the Commission. He pled guilty to, among other things, violationa of Section lOeb) of the Securities !schange Act of 1934, and Rule 10b-5 promulgatedthereunder, in connection with his involvement in the unlawful conversion of funda from customers of FOSC. Zawacki was sentenced to 33 months imprisonment, three yeara probation, and ordered to pay restitution of approximately $3 million and to perform 3,000 hours of community service.

On December 4, 1992, the Commission filed a complaint charging Zawacki with violationa of the federal securities laws based on the same conduct underlying the criminal information. Thereafter, on June 10, 1993, the Commission obtained an Order of Permanent Injunction against Zawacki, pursuant to his consent and without him admitting or denying the allegations of the Commission's complaint. [U.S. v. Terence W. Zawacki, N.D. Oh., No. 5:93CR191] (LR-13927)

NEVADA MANHATTAN HINING SALESPERSON ENJOINED

The Commission announced that on December 22, 1993 a judgment of permanent injunction was entered against Freya Sortomme Kovarik (Kovarik), a former salesperson for the California-based mining company, Nevada Manhattan Hining, Incorporated (NKM). The judgment provides that Kovarik is enjoined from future violations of Sections 5(a),S(c) and 17(a) of the Securities Act of 1933 and Sections 10(b) and 15(a) of the Securities !schange Act of 1934 and Rule 10b-5 thereunder. Kovarik consented to the

NEWS DIGEST, January 11, 1994 3

Page 4: Illue 94-7 U.S. SI::CLJHI jH:'S - SEC.govthree years to be permitted to resume appearing or practicing before the Commission. (Rel. 34-33409; AAE Rel. 513) DEFAULT JUDGMENT ENTERED

entry of the injunction against her without admitting or denying the facts allegedin the Commission's complaint. The Commission filed a complaint against NMM, its officers and several of its salespersons, including Kovarik, on July 28, 1993. The Commission's complaint alleged that from the Spring of 1988 through the Summer of 1989, Kovarik, while acting as an unregistered broker, fraudulently offered and sold unregistered stock in NMH. All other defendants in this action previously settled with the Commission. [SEC v. Nevada Manhattan Mining, Incorporated, et al., Civil Action No. 93-4468 MRP, JGx, C.D. Cal.] (LR-13928)

IRVESTKER'I' COIIPARY ACT RDJUSES

PIC INVESTMENT TRUST, ET AL.

A notice has been issued giving interested persons until February 1, 1994 to request a hearing on an application filed by PIC Investment Trust, et al. for a conditional order under Section 6(c) of the Investment Company Act exempting applicants from Sections 2(a)(32), 2(a)(35), 22(c), and 22(d) of the Act, and Rule 22c-1 thereunder. The order would permit certain investment companies to assess a contingent deferred sales charge (CDSC) on certain redemptions of shares and waive the CDSC under certain circumstances. (Rel. IC-20006 - January 7)

GRADISON U.S. GOVERNMENT TRUST

A notice has been issued giving interested persons until February 4, 1994 to request a hearing on an application filed by Gradison U.S. Government Trust for an order pursuant to Section 8(f) of the Investment Company Act declaring that applicant has ceased to be an investment company. (Rel. IC-20007 - January 10)

HOLDING COIIPARY ACT RElEASES

GENERAL PUBLIC UTILITIES CORPORATION

A notice has been issued giving interested persons until January 31 to request a hearing on a proposal by General Public Utilities Corporation (GPU) , a registeredholding company, to make capital contributions to its operating subSidiary companies in aggregate amounts of up to $200 million, through December 31, 1996. (Rel. 35-25971)

NEW'ENGLAND ELECTRIC SYSTEM, ET AL.

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t

A supplemental notice has been issued giving interested persons until January 31 to request a hearing on a proposal by New England Electric System (NEES), a registeredholding company, and New England Electric Resources, Inc. (NEERI) , its nonutility subsidiary company. NEERI seeks authorization through December 31, 1997 to expandits conSUlting services to nonaffiliates at market rates to include the performance of electrical Decemberrelated services. NEES from time to timeproposes,

contributions through

of to $1 million for NEERI.31, 1997, to make additional capital(Rel. 35-25971)

up

NEWS DIGEST, January 11, 1994 4

Page 5: Illue 94-7 U.S. SI::CLJHI jH:'S - SEC.govthree years to be permitted to resume appearing or practicing before the Commission. (Rel. 34-33409; AAE Rel. 513) DEFAULT JUDGMENT ENTERED

CONSOLIDATED NATURAL GAS COMPANY ET AL.

A notice has been issued giving interested persons until January 24 to request a hearing on a proposal by Consolidated Natural Gas Company (eNG), a registered holdingcompany, and its wholly owned subsidiary company CNG Energy Company (Energy), to engage in preliminary development and administrative activities with respect to qualifying small power production facilities, exempt wholesale generators and foreignutility companies (collectively, Preliminary Activities). CNG further proposes to provide Energy, through December 31, 1998, up to an aggregate principal amount of $15 million to engage in Preliminary Activities. (Rel. 35-25971)

JERSEY CENTRAL POWER & LIGHT COMPANY

A notice has been issued giving interested persons until January 31 to request a hearing on a proposal by Jersey Central Power & Light Company, an electric public-utility subsidiary company of General Public Utilities Corporation, a registeredholding company, to deliver letters of credit that will expire no later than December 31, 1998, in aggregate face amounts not exceeding $15 million. (Rel. 35-25971)

GENERAL PUBLIC UTILITIES CORP., ET AL.

A notice has been issued giving interested persons until January 31 to request a hearing on a proposal by General Public Utilities Corporation (GPU), a registeredholding company, and its wholly owned non-utility subsidiary company, EnergyInitiatives, Inc. (Ell). Ell proposes to acquire a limited partnership interest for $11.5 million in a Canadian limited partnership being formed to develop, construct, own, and operate a 22.5 megawatt wood and oil fired cogeneration facility in Brooklyn, Nova Scotia, Canada. Ell proposes to secure its equity contribution to the limited partnership through an irrevocable letter of credit for $11.5 million with GPU unconditionally guaranteeing Ell's obligations. Alternatively, should the limited partnership elect to borrow $11.5 million from lending institutions to provide a portion of the construction financing, GPU proposes to guarantee unconditionally Ell'srepayment obligations. (Rel. 35-25971)

AMERICAN ELECTRIC POWER CO., INC., ET AL.

A notice has been issued giving interested persons until January 31 to request a hearing on a proposal by American Electric Power Company, Inc. (AEP) , a registeredholding company, and its nonutility subsidiary company, AEP Energy Services, Inc. (AEP Energy), for AEP to make additional investments in AEP Energy, through December 31, 1995, in the amount of $5 million for preliminary development activities associated with its consulting business. AEP and AEP Energy also propose to expandthe current scope of financial commitment of AEP to include the issuance of guaranteesor assumption of liabilities by AEP on behalf of AEP Energy to unaffiliated third parties in an aggregate amount not to exceed $25 million. (Rel. 35-25971)

NEWS DIGEST, January 11, 1994 5

Page 6: Illue 94-7 U.S. SI::CLJHI jH:'S - SEC.govthree years to be permitted to resume appearing or practicing before the Commission. (Rel. 34-33409; AAE Rel. 513) DEFAULT JUDGMENT ENTERED

SELF-REGULATORY ORGANIZATIONS

DELI STING GRANTED

An order has been issued granting the application of Tee-Comm Electronics, Inc. to strike from listing and registration its Common Stock, No Par Value, on the American Stock Exchange. (Rel. 34-33447)

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 managingunderwriter or depositor (if applicable); File number and date filed; Assigned Branch; and a designation if the statement is a New Issue.

58-2 lJIlTED FlIWICIAL IIIlTGAGE CXItP, 600 ElTElPRISE DR, STE 204, QIUC aoar,IL 60521 (7'08) 511-7222 - 3,908,640 (125,885,6110) CDIIlI STOCIC. (FILE33-73010-C - DEC. 16) (IR. 12 - lEV ISSUE)

58-2 ZESTOTIIEJIItlie /00/, 311 "TRAIl) BUD, Cllel-.ATI, ell 4~ (513) 772-3066 - 1105,000 (15,232,500) CDIIlI STOCK. 70,000 (1546,000)WARRMTS,CPTICIIS CIt RIGHTS. (FILE 33-73104-C - DEC. 1n (IR. 6- lEU ISSUE)

S-3 PillS RECYQ.IIG CXItP, 400 KELlY ST 6TI FL, FCltT LEE, ILl 07024 (201) 886-1600 - 4,530,971 ($12,759,395.50) CDIIlI STOCK. (FILE 33-73316 -DEC. 30) (IR. 11)

58-2 EFFECTIVE IWW:EJEIIT SYSTEIISlie, 12000 \EST PAIII(Pl., IIIUMIICEE, "I53224 (414) 359-9Il00 - 14,375,000 ($14,375,000) CDIIlI STOCK. lJI)EIYtiTEl:DAII BOSYItTH lie. (FILE 33-m54-C - DEC. 23) (IR. 10 - lEV ISSUE)

58-2 FROSTIIAIIIIAMERGERS.... lie, 1700 \EST CAllum REAL, STE 222,BOCAIATCII, Fl 33431 (407) 367-10115 - 1,955,000 ($11,730,000) CDIIlI STOCIC.170,000 ($100) WARRMTS,CPTICIIS CIt RIGHTS. 170,000 ($1,122,000)CDIIlI STOCK. (FILE 33-7342a-A - DEC. 23) (IR. 14 - lEU ISSUE)

58-2 DIEHl IiRAPIISOFT lie, 1021'0 OlD ~IA ., lIE 100, ~IA, • Z1CM6 (410) 290-5114 - 1,400,000 (15,950,000) CDIIlI STOCK. 70,000 ($70)WARRMTS,CPTICIIS CIt RIGHTS. 140,000 (S644,000) CDIIlI STOCK.lM>EIMUTER: IIJCSCJIII & 00 lie. (FILE 33-73512-11 - DEC. zn (IR. 9)

NEWS DIGEST, January 11, 1994 6

Page 7: Illue 94-7 U.S. SI::CLJHI jH:'S - SEC.govthree years to be permitted to resume appearing or practicing before the Commission. (Rel. 34-33409; AAE Rel. 513) DEFAULT JUDGMENT ENTERED

, i i !REGISTRATIONS CONT.

5-4 GREATVALLEYPllARMCEUTICALSlit, 10 GREATVALLEYPARlVAY, MlVERl, PA 19355 (215) 640-1884 - 112,500 CXIIOI STOCIC. (FILE 33-73528 - DEC. 29) (HR. 4)

5-4 TEIICDl IIISTRlIEIITS, 2400 CllARLESTOIROAD,JllJlTAII VIEW, CA 94043 (415) 969-6784 - 4,007,680 (S15,710,105.6O) CXIIOI STOCIC. (FILE 33-73586 -DEC_ 30) (HR. 8)

5-8 COIVESTEIIERGY aJtP /TXI, Z401 RlIITAII VIEW DR STE 7'00, IDJSTOI, TX 71057 (713) 780-1952 - 100,000 ($832,000) CXIIOI STOCIC. (FILE 33-73588 -DEC. 30) (II. 4)

I-Z EMERGIIGEXICO All) lie, 1285 AVEIIJE OF TIlE AMERICAS,lEV YCItIC, IT 10019 (212) 713-2008 - 2,226,222 (159,273,160.75) CXIIOI STOCIC. (FILE 33-73590 - DEC. 30) (HR. 17)

5-8 PIIOTOIICS aJtP, 2940 _TI FIRST ST, SAIl .lOSE, CA 95134 (408) 955-79lO - 997,611 (14,768,581) CXIIOI STOCIC. (FILE 33-73596 - DEC. 30) (aR. 10)

1-2 SOIlCE CAPITAL lie /DEI, 10301 'lOST PICO BlVD, LOS AllGELES, CA 90064 (310) 2n-4900 - Z,408,412 (S106,449,155.25) CXIIOI STOCIC. (FILE 33-73600 - DEC. 30) (II. 16)

F-6 SlID I.AII) CO LTD /NYlI, 16 WM.L ST, C/O BAIIICERS TRUST CO, lEV YCItIC, IT 10015 (212) 250-2500 - 10,000,000 (S500,000) DEPOSITARYRECEIPTS RIt CXIIOI STOCIC. (FILE 33-73602 - DEC. 30)

5-3 STRUTHERSIIIlUSTRIE5 lit, a11a EAST 6'3RD ST, TlI..SA, (IC 74133 (918) 252-1053 - 430,000 (13,601,250) CXIIOI STOCIC. (FILE 33-73604 -DEC. 30) (II. 12)

5-1 SlIISHIIIE IInlllG CO /DE, 815 PARIICBClJLEVARD,SUITE 100, BOISES, ID 113712 (204) 345-0660 - 11,500,000 (144,203,125) aJIDI STOCIC. (fiLE 33-73608 -DEC. 30) (II. 6)

f-6 1lItICEY GARAlTI BAIIC AS, 48 WM.L ST, lEV YCItIC, IT 10286 (212) 495-1727 -25,000,000 (S1,25O,OOO) DEPOSITARYRECEIPTS RIt aJKII STOCIC. (FILE 33-73612 - DEC. 30) (II. 99 - lEV ISSUE)

5-3 ARllmIA IIISTRlIEIIT aJtP, 4114 E W(D ST, PIIIEIIX, A2 85040 (602) 410-1414 - 3,767,003 ($8,475,756.75) aJIDI STOCIC. (FILE 33-73614 -DEC. 30) (II. 8)

5-3 YCItIC RESEARCHaJtP, 280 PARICAVE STE 27'00 'lOST, lEV YCItIC, IT 10017 (212) 557-6200 - 780,000 (15,907,000) CXIIOI STOCIC. (FILE 33-73616 -DEC. 30) (II. 7)

5-3 ALLIED IMSTE IIIlUSTRIE5 lit, 7201 E CAlELBACICRD STE 375, SCOTTSDALE. AI 85251 (602) 423-~ - 1,006,226 (15,161,939.38) aJIIII STOCIC. (FILE 33-73618 - DEC. 30) (II. 8)

5-8 FltAlllllCLII GUESTCO, 2200 'lOST PARlVAYBClJLEVARD,SALT LAKECITY, UT 84119 (801) 975-1n6 - 4,000,000 (S129,5OO,OOO) aJIDI STOCIC. (FILE 33-73624 -DEC. 30) (II. 11)

NEWS DIGEST, January 11, 1994 7

Page 8: Illue 94-7 U.S. SI::CLJHI jH:'S - SEC.govthree years to be permitted to resume appearing or practicing before the Commission. (Rel. 34-33409; AAE Rel. 513) DEFAULT JUDGMENT ENTERED

REGISTRATIONS CONT.

5-3 STEWART EITERPRISES IIC, 110 VETERAltS tEJOtlAL BlVD, IETAIRIE, LA 70005 (504) 837-5880 - 127,710 (13,274,106.25) aJIIJI STOCIC. (FILE 33-73626 -DEC. 30) (BR. 5)

5-8 BAMlCERSFIRST CXItP, (lIE 10TH ST, AlJQJSTA, lOA 30901 (404) 849-3200 -132,397 ($2,366,596.38) aJIIJI STOCIC. (FILE 33-73628 - DEC. 30) (BR. 1)

5-3 ADM TRalICS 1IIL1.UTED INC/DE, 224 S PEGASUS AVE, _THVALE. IJ 07647 (201) 767-6040 - 8,000,000 ($4,720,000) aJIIJI STOCIC. (FILE 33-73634 -DEC. 30) (BR. 2)

5-8 BEl HOlDINGS LTD /DE/, 2957 CLAIRMCIIT RD STE 500, ATLAIITA, lOA 30329 (404) 315-6060 - 2,300,000 ($16,962,500) aJIIJI STOCIC. (FILE 33-73636 -DEC. 30) (81. 5)

5-8 CCIIVEST ElERGY CXItP ITXI, 2401 FClIITAII VIEV DR STE 7'00, IIClJSTCII, TX 71057 (713) 780-1952 - 95,000 ($783,750) aJIIJI STOCIC. (FILE 33-73638 -DEC. 30) (BR. 4)

F-6 BRIERLY IIVESTlEITS LTD, 111 WALL ST, C/O CITIBAJIIC I A, lEV yaue, MY 10043 (212) 657-7691 - 25,000,000 ($1,250,000) DEPOSITARY RECEIPTS Fat aJIIJI STOCIC. (FILE 33-73642 - DEC. 30)

5-8 SlJIGlASS lIlT IIITERlATlCIIAL IIC, 120 SClJTIl\EST 8TH ST, MIAMI, FL 33130 (305) 858-5990 - 950,000 ($9,373,684) aJIIJI STOCIC. (FILE 33-73644 -DEC. 30) (BR. 1)

5-11 CHASE JlJRTGAGE FINANCE CatP, (lIE CHASE IWlHATTAN PLZ, C/O A HARDYEtIWIKS III, lEV yaue, MY 10081 (212) 552-1358 - 3,000,000,000 ($3,000,000,000) PASS-TIIIKlJGH MORTGAGE-BAaED CERTIFICATE. (FILE 33-73658 - DEC. 30) (BR. 11)

F-1 SCAJlDIIAVIAN BROADCASTINGSYSTEM SA, 8-10 RlJ: MTHIAS HARDT, L 1724 LUXEJlB(JIRG, LIJXEJIIWRG, 14 (303) 920-3329 - 2,875,000 (S59,656,250) f(IREIGI aJIIJI STOCIC. lIIDER\IlITER: DOIALDSCII LUFKII I JElRETTE SEIlJlITlES C, PRlI)EllTIAL SEIlJlITlES lit. (FILE 33-73660 - DEC. 30) (BR. 7)

5-8 ADVANTAGEBAJlCXItP INC, 5935 SEVEITH AVE, lElOSHA, WI 53140 (414) 658-4150 - 303,317 ($7,582,925) aJIIJI STOCIC. (FILE 33-73664 -DEC. 30) (81. 1)

5-1 SULCUS COFUTER CXlRP, SULCUS CEIITRE, 41 I Mil ST, GREEIISIIlIRG, PA 15601 (412) 836-2000 - 556,111 (S5,DOS,OOO) aJIIJI STOCIC. (FILE 33-73678 -DEC. 30) (BR. 10)

5-8 MAGIC SOFTWARE EllTERPRISES LTD, 3 BEZALEL STREET, RAMATGAl ISRAEL 52521, L3 52521 (714) 250-1718 - 300,000 ($4,575,000) aJIIJI STOCIC. (FILE 33-73682 - DEC. 30) (BR. 10)

5-8 PETROlAIIE IIIC, 460 I WLPH ROAD, POllOI( 965, VALLEY FatGE, PA 19482 (215) 337-7000 - 130,000 ($1,170,000) aJIIJI STOCIC. (FILE 33-73686 -DEC. 30) (BR. 3)

NEWS DIGEST, January 11, 1994 1j

t] 8

i

I

Page 9: Illue 94-7 U.S. SI::CLJHI jH:'S - SEC.govthree years to be permitted to resume appearing or practicing before the Commission. (Rel. 34-33409; AAE Rel. 513) DEFAULT JUDGMENT ENTERED

~EGISTRATIONS CONT.

S-11 AlERICAII TAXEXBFT IDI) TRUST, 625 MDISOI AVE, lIEU YOK, IT 10022 (212) 421-5333 - 12,500,000 (S250,OOO,OOO)ClIIUI SHARESOf IlEllEFlCIAL IITEREST. (FILE 33-1368S - DEC. 30) (II. 16- lEV ISSUE)

S-s lllTERllATUIiAL FAMilY EllTERTAIIIEIIT lie, 1000 CEllTERVllLE 11ItIFllCE, VIRGIliA BEACH, VA 23463 (804) 523-7301 - 2,960,000 ($60,680,000) ClIIUI STCXX. (FILE 33-73690 - DEC. 30) (II. 7)

S-1 .. ISTIC BEVERAGE lie, 51-1S GRAIl) AVE, 1tASPETII, IT 11318 (71S) 417-0400 - 6,095,000 ($103,615,000) aJIIII STCXX. (FILE 33-73692 - DEC. 30) (IR. 11 - lEV ISSUE)

S-1 lISB lit, 201 OLD aDfTRY RD, IElVllLE, IT 11747 (516) 547-2000 -27,168,150 (1312,440,625) aJIIII STCXX. (FILE 33-73694 - DEC. 30) (II. 2 - lEV ISSUE)

S-8 BARIl lA8QRATCltIESlie, 2 ClJMEIl II) .. D29OO, PCKIIA, IT 1097Q (914) 362-1100 - 150,000 ($15,000,000) CDKII STCXX. (FILE 33-73696 -DEC. 30) (II. 4)

S-S BARIl lA8QRATCltIESlie, 2 ClJMEIl RD .. D2900, PCKIIA, IT 1097Q (914) 362-1100 - 150,000 (13.000,000) aJIIII STCXX. (FILE 33-73698 -DEC. 30) (II. 4)

S-S BARR l..AIICItATCltIESlie. 2 ClJMEIl RD .. D2900. PCKIIA, IT 1097Q (914) 362-1100 - 200.000 (14.000.000) aJIIII STCXX. (FILE 33-73100 -DEC. 30) (II. 4)

SB-2 CASIllO DATASYSTEMS.3265 " TotPICIIS AVE. lAS VEGAS, IV 89103 (702) 891-8925 - 1,880,000 (149,585.000) aJIIII STCXX. lJI)EIMtITER: KEJIIER SEQ.t1T1ES IIC, IUlTGOERY SEQ.t1T1ES. (FILE 33-737'04 - DEC. 30) (II. 9)

S-3 RENO AIR IIC/W/, 595 E ~ lI, REIIO, IV 89502 (702) 829-5750 -1,973,625 (S13,815,315) CDKII STOIX. (FILE 33-73708 - DEC. 30) (II. 3)

S-11 JDII REAlTY CORP, 3340 PEACHTREERD IE, STE 1530, ATlAITA. GA30326 (404) 262-3252 - 7.245,000 (S159.39O,OOO) aJIIII STCXX. (FILE 33-73710 -DEC. 30) (IR. 6 - lEV ISSUE)

F-1 aJI!T SOFnMRE IIITERIIATlCIIAl.LTD, 13 NOAHII)SES ST. TEL AVIV 67442 ISRAEL, L3 - 2,012,500 (SlIl.112,5OO) FCltEIGI CDKII STOIX. (FILE 33-73720 - DEC. 30) (II. 10 - lEV ISSUE)

S-1 ARDEll... DUSTRIALPRmUCTS IIC, 200 S OMSSO BlW EAST, ST PAUl, ... 55117 (612) 490-6800 - 1,782.500 (S19.607,5OO) lXNIII STCXX. lJI)ElMtITER: DAII IIOSYIlTN IIC, (IIUID JOIII & & CO lit. (FILE 33-73722 - DEC. 30) (IR. 9 - lEV ISSUE)

S-6 SEQltITY VARIlIFE SEPARATEACaUIT, 100 SU HARRISOIST, TOPEICA,(S 66636 - IIDEFlIITE SHARES. (FILE 33-73124 - DEC. 30) (IR. 20 - lIEU ISSlE)

NEWS DIGEST, January 11, 1994 9

Page 10: Illue 94-7 U.S. SI::CLJHI jH:'S - SEC.govthree years to be permitted to resume appearing or practicing before the Commission. (Rel. 34-33409; AAE Rel. 513) DEFAULT JUDGMENT ENTERED

REGISTRATIONS EFFECITVE:

NAMEOF ISSUER FILE 110.

ADM TROIIICS IIIL1MITED IIICIDE ]3-73634 AlJlCIlA ELECTIKIIICI lie ]3-73751 AUSTRALIA & lIEU ~ _1111 GIlCU LT15-73440 BROADIAID TECllD.DGIEI lie /D£I CARPEIITEI TEa.aLDIrf CIIIP CEL IXllUlICATlOIII lie CEIlCALL CDIUIICATlOIII CIIIP CEIICAlL CDIUIICATlOIII CIIIP CElCALL CDIUIICATlOIII CIIIP CElCALL CDIUIICATlCIII IXItP CEIICAlL CDIUIICATlCIII IXItP CEITRAL MIlE PCIoEI CD CHASE "-TGAGE FlIIAIICE IXItP CI GIlA CIIIP IDIUIITY FlIlAllCIAL IXItPIDE CXlIISOl.IDATED TECIIKILOGY GRClJI LTD !lAW TECIIIOLOGIES lie JUT DECICERS CIIIDCXItS IXItP JUI(I(1' E I DE IIEJIIIlS & CD J)U)QIIT E I DE IIEIIIItS & CD EASTJWI ClIEJnCAL CD EASTJWI ClEMICAL CD EASTJWI ClEMICAL CD EASTJWI ClEMICAL CD EASTJWI ClEMI CAL CD EASTJWI CHEllI CAL CD ESSEX aDITY GAS aJFAIIY ESSEX aDITY GAS aJFAIIY EXTEI JlIlUSTRIES lie FIRST TEJDIESSEE JlATlOIIAL IXItP FIRST TEJDIESSEE JlATlOIIAL alRP GREATATLAllTlC & PACIFIC TEA CD lie GREAT ATLAllTlC & PACIFIC TEA CD lie GREAT ATLAITIC & PACIFIC TEA CD lie IIANOVEIl BAIalRP lie HELEM Of TROY' LTD ICF rAISER IITERJIATlOIIAL lie ICF rAISER IITERJIATlOIIAL lie ICF rAISER IITERJIATlOIIAL lie ICF rAISER IITERJlATlOIIAL lie ICI BI(JIEDICALS lie ICI BI(JIEDICALS lie lCl BI(JIEDICALS lie ICI Bl(JIEDlCALS lie ICI Bl(JIEDlCALS lie I CI PIWtMCEUT ICALS lie IDEI ICI PIWIMACEUTICALS lie IDEI ICI PIWIMACEUTICALS lie IDEI ICI PIWIMCEUTICALS lie IDEI 1111IAIAPOLIS PCIoEI & LIGHT CD IIJIOVATlYE liMING CIIIP Of MER I CA MAYDEPARTJIEIT STORES CD JEJD!EX TELEX I V MERRILL LYICH & CD lie MERRILL LYICH & CD lie IDlGAII J P & CD lie

35-73802 35-51613 35-73836 35-69452 35-69452 35-69452 35-69452 35-69452 35-51611 35-7.5658 35-51791 35-73844 ]3-73838 35-73292 35-73846 35-51817 35-51821 35-72364 35-72364 ]3-72364 ]3-73a08 35-73810 35-73812 35-73816 33-73818 33-75772 33-51387 33-51387 33-50725 33-50725 35-50725 33-737'96 33-73594 33-51677 33-70986 33-70986 33-70986 33-63162 33-63162 33-63162 33-63162 33-63162 33-63164 33-63164 33-63164 33-63164 33-51737 33-73764 33-51849 33-67'988 33-51829 33-51831 33-49775

DISPOSITIOII ~

01/05/940110619401/07/960110619401106/9401/04/9401/061940110619401/06/9401/06/96 01106/9601/03/9401104/9401/04/9601/05/96 01/05/94 01/03/94 01105/94 01106/94 01/06/94 01/04/94 01104/9401/04/94 01/04/94 01104/94 01/04/94 01104/94 01104/94 01104/94 01105/94 01105/94 01104/94 01104/94 01/04/94 01106/94 01104/94 01/03/94 01103/94 01103/94 01103/94 01105/94 01105/94 01105/94 01105/94 01/05/94 01/05/94 01/05/94 01/05/94 01/05/94 01/04/94 01103/94 01107/94 01105/94 01106/94 01106/94 01107194

I10 NEWS DIGEST. January 11. 1994

I

Page 11: Illue 94-7 U.S. SI::CLJHI jH:'S - SEC.govthree years to be permitted to resume appearing or practicing before the Commission. (Rel. 34-33409; AAE Rel. 513) DEFAULT JUDGMENT ENTERED

IEGISTRATIOIS EFFECITVE:

!WE OF ISSlQ

IATiCIIAl. IEALT. IIVESTCItS IIC IE\PARIC IESOIlCES IIC ~ST CDIP .. I CDIP .. I CDIP OCTEL CDIIIIltATlOIS CDIP PARAIDI TUDE 8IAII)S IIC POe 1994- 1995 DRILLI. PIIOGIM PDC 1994-1995 DRILU. PIIOGIM PROGRESSIVE CDlPIW PIlOGR(UtIIC

PRaPEltTY CAPITAL TBSr IUSS IERIIE & m IIC RYO IIC SAlTA AlITA ClPEIATlIC ee SAlTA AliTA lEAL TY EIITEIPIlIIEI IIC lUll IIDJSTIIES IIC SO SCIEIfTIFlC IIC SO SCIEIfTIFlC IIC SWTIIEIII lIIJ(1I m SP(IlTS tEDlA IIC

IPS ~ OGlES IIC STBMIT EIITEIPIISES IIC Sl8 R8AII IAICDtPClUTICII IIC SlJIERQITS IIC /DE TESlItO PETIOLELII CDIP trIEJU TESlItO PETIOLELII CDIP /IEUI TESlItO PETIOLELII aIIP /IEUI TESlItO PETIOLELII CDIP /IEUI TESlItO PETIOLBIIJ aIIP /IEUI TOLL IRDTIEII IIC TRAVElERS IIC USTIAILS IIC USTIAILS IIC USX CDIP USX CDIP VEIICIIIIIC VEIICIIIIIC VEIICIIIIIC VIAGEI!E IIC VITAL SIGIS IIC UISCXIIISII ELECTRIC 1m .. DEIEII1\IIE 11138.. DEIEII1\IIE

RECENT 8K FILINGS

PClUERm TlMI. RIm TlMI. RIm

DISPOSITICII FI LE 10. I6Il

33-72370 01105J94 33-71198 01105J94 33-51531 01/03J9433-50651 01/0619433-50651 01106194 33-7J770 01/04",33-73726 01/03J9433-1U56B 01106J94 33-1U56B 01106J94 33-51609 01105J94 33-72154 01/03J9433-51SJ9 01107'" 33-51823 01106194 33-TSltJIJ 01/03", 33-51843 01/07'"33-51843-01 01/07'"33-51719 01/07",33-7J7B6 01105J94 33-7J78I 01/05J94 33-51461 01107'" 33-737'90 01105J94 33-51827 01106J94 33-736l6 01106194 33-73B20 01/04J94 33-73034 01105'" 33-6828Z 01/03J9433-6828Z 01/03J9433-6828Z 01/03",33-6828Z 01/03",33-68212 01/03/9433-51775 01106/9433-51715 01/03~33-73752 01104/9433-73754 01104J94 33-51611 01106194 33-51611 01!O619' 33-71910 01/03J9433-71910 01/03/9433-71910 01/03J9433-73862 01106J94 33-73800 01/06J9433-51749 01/06/9433-68572 01105/9433-68572 01105/94

FOMl8-1e is used by cCIIIIpIIr'Iiesto file current reports on the following events:

It. 1. ChMgeS in Control of Registrant.It.. 2. AC4Iisftion or Disposition of As.. ts.It. 3. Bankruptcy or Receivership.It. 4. ChMgeS in Registrant's Certifying AccCMttant.It. 5. Other Materlelly IlIIpOrtant Events.It_ 6. Resignations of Regfstrant's Directors.It_ 7. Financial Stat~ts end Exhibits.

NEWS DIGEST. January 11. 1994 11

Page 12: Illue 94-7 U.S. SI::CLJHI jH:'S - SEC.govthree years to be permitted to resume appearing or practicing before the Commission. (Rel. 34-33409; AAE Rel. 513) DEFAULT JUDGMENT ENTERED

The ~f_ llated below haw filed a-I( reporta for the dIIte Indfc:.ted rdlor ita to a-I( reporta prwlCIUIly fl led, reapondl~ to the it-Ca) of the fOfWapec:lfled. COpI_ of the reporta .ay be purc:haed fra. the ec-I .. lon'. Pl.blic Reference Roc:. (when orderl~, pl ... "Iv. the dIIte of the report). An hwolc:e will be Included with the r~ted _tarial when _I led.

STATE lie ITEJI 10.lIME OF I SSUEI ID)E 123 4 5 6 7 a DATE allElT

---------------------------------------- -------------_. ---------------ADVAIITA... EClJITY LQAII TRUST 1993-1 IT X x 10/25/93ADVAIITA... EClJITY LQAII TRUST 1993-2 IT X x 10125/93AMERICAIIREST~T CiRClP IIIC DE X x 12114/93

AMERICAII TELfP ... & TELEGRAPIICD IT x 12130/93AlICAllSAS PCM!R & LI GIlT co AI x 12131/93BEVERLY EIITERPIISEI IIIC /DEI DE X x 01/04/94SUE DINUl) COo\L CD DE X 12110/93IOIIIEVILLE PACIFIC CXJRP DE X X 12115/93IR£IDLES IIIC IIC X x 12120/93IROOICE CiRClP LTD DE X X 10/29/93CABLE CAR lEVERAGE aJtP DE X 1Z!23/93CAPITAl IIClJSIIIG & IUITc:ACE PAlTIIERS lie DE X x 12130/93CARDlamwncs IITEDATlCJW. aJtP CA X 12121!f/lN1£1DCARE ElTERPRISES lie !DEI DE x 12/20/93Cf:IITERI CIt EllERGY CXJRP 011 x 12112Jf/lCF IIAIICXJRPIIIC DE X x 12121/93CLEVELAJII)ELECTRIC ILUJnUTlIIG CD 011 x 12112Jf/lCMS EIlERGY CXJRP

.' In x 12JZP,/93COlLMIIA GAS SYSTEJI IIIC -', DE x 12129/93e aJlSlJ£RS PCJ,IERCD MI X 12128/93 t\I4BS lie DE X x 11/25/93 DRI VEl HAIRI S CD IIJ X X 12112Jf/l EIlERGY CXJRP!DE DE~ x 12.131/93 EQCC HCJE EQUITY LOU TRUST 1993-4 X X 12115/93 FARM FRESH lie VA X X 12113/93 FARRAaIT IUITc:ACE co lie MA X 12120/93 FIRST AlLIAIICf: IUIT~ LQAII TRUST 1993- X X 10/25/93 FIRST SWTIIEAST FIIWICIAl aJtP DE x 12115/93 FRIES EITERTAI~ lie DE X x 10/31/93 RIllA CltGAIIIZATICII IIIC !DEI DE X X X x 12116/93 GEIlERAL DYlWlJICS aJtP DE X x 12/22/'13 GE(JCIIIETJ CS IIIC DE X 11/29/'13 GULF STATES UTILITIES co TX XX x 01/03/94 IIWSTCII LIGHTING & PCJ,IERco TX X x 01/03/94 IIiFORMATJCII MAJlAGEMEITTECHIOlOGIES alRP DE x 12128/'13 JlJIIATA VAlLEY FIUIICIAl aJtP PA X 12121/93 JUTLAJII) EITERPRISES IIIC/DE DE X X 10J20J93AME1D KOGEl EQUITY IIIC fL X X 12121/93 LASUSIGHT INC /DE DE X x 12113/93 UIJISIAIIA PCM!R & LIGHT co /LA! LA x 12.131/93 MACLAlDIIe IN X x 12121/93 MAGMETECIICORP DE x 12106/93 MAJlAGEMEITTECHJIOLOGIES INC lIT X 12/14/93 MARI lIE MIDLAJII)AUTCIIlTIVE FIIWICIAl aJtP IY X x 12/15/93 MARI lIE IU DLAJII)BAlIK I A X x 12/15/93 MISSISSIPPI PCJ,IER& LIGHT co ItS x 12.131/93 MOBIL CORP J DE X X 01/04/94 IOWlCH IlAllCORP CA x 12/20/93 IUlGAII J P & co IIIC DE X X 01/04/94 IUIT~ IWIICERS FIUIICIAl CXJRP I DE X x 12/25/'13 IIEW CltLEAIIS P\BLlC SERVICf: IIIC LA X 12/31/93

12 NEWS DIGEST, January 11, 1994