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Issue 93-69 April 13 , 1993

U.S. t>l::IJu'-li \ It:S

EXCHANGE COMiv1ISSION

PERMANENT INJUNCTION ENTERED AGAINST FREDRIC GUMBINNER

The Commission announced that pursuant to a Consent and Stipulation, an Order of Permanent Injunction and Other Equitable Relief (Order) was entered against Fredric Gumbinner .(Gumbinner) permanently enjoining him from future violations of the antifraud provisions, and ozde red Gumbinner to disgorge $15,330 representing his personal profits and certain profits of others who traded as alleged in the complaint, together with interest of $10,492. The Order also assessed an Insider TradingSanctions Act of 1984 penalty against Gumbinner of $11,279. Gumbinner consented to the entry of the Order, without admitting or denying the allegations in the complaint.

The complaint filed in this action alleges that Gumbinner and Robert Ricketts obtained material nonpublic information from their employer, the law firm of Dykema Gossett,concerning two acquisition targets of a firm client. As to Gumbinner, the complaintfurther alleges that while in possession of such information, Gumbinner traded in the securities of those targets through his brokerage account and the brokerage accounts of others, and disclosed such information to others, including Steven Kroll, all in violation of the federal securities laws and Dykema Gossett's policy of confidentiality. [SEC v . Robert T. Ricketts, Fredric R. Gumbinner and Steven L. Kroll, USDC, ED Michigan, Civil Action No. 92 CV 74671DT} (LR-13335)

PERMANENT INJUNCTION ENTERED AGAINST STEVEN KROLL

The Commission announced that an Order of Permanent Injunction and Other EquitableRelief (Order) was entered against Steven Kroll (Kroll) permanently enjoining him from future violations of the antifraud provisions, and ordered Kroll to disgorge $17,215for 1987 securities transactions, representing his alleged profits of $12,231 and alleged profits of $4,984 of another, and to pay interest of $10,024. The Order also assessed an Insider Trading Sanctions Act of 1984 penalty of $12.231. Kroll consented to the entry of the Order, without admitting or denying the allegations in the complaint.

The complaint filed in this action alleged that Robert Ricketts and Fredric Gumbinner (Gumbinner) obtained material nonpublic information from their employer, the law firm of Dykema Gossett, concerning two acquisition targets of a client. The complaintalleged that in September 1987, Kroll obtained from Gumbinner information concerningone target, which Kroll knew or was reckless in not knowing was confidential and had been misappropriated by Gumbinner in breach of a fiduciary duty. The complaintfurther alleged that in September 1987, Kroll purchased securities while in possession

of said material nonpublic information, and recommended the purchase of SUCht' securities to his grandfather, all in violation of the securities laws. [SEC v . Robert T. Ricketts, Fredric R. Gumbinner and Steven L. Kroll, USDC, ED Michigan, Civil Action No. 92 CV 7467lDT] (LR-13335)

CRIMINAL>PRClCEEDING$""

PROCEEDINGS AGAINST HERBERT LINDO

The U.S. Attorney for the Western District of Michigan announced that on March 30,1993, Herbert Lindo of Brookville, New York was convicted of three counts of sellingunregistered securities. Lindo caused unregistered securities of Kenilworth Systems,Inc., a New York corporation, to be pledged as collateral for approximately $250,000in loans from three banks in 1986. The securities were sold to the public in 1987 and 1988 to repay the loans and generate additional cash in violation of the Securities Act of 1933. The Chicago Regional Office of the Securities and ExchangeCommission participated in the criminal investigation of the matter. Sentencing is set for June 1993. [U.S. v. Herbert Lindo, USDC, YD/MI, Grand Rapids, 2:92-CR-lOj(LR-13598)

HOLDING COMPANY ACT RELEASES

THE SOUTHERN COMPANY

A notice has been issued g1v1ng interested persons until May 3, 1993 to request a hearing on a proposal by The Southern Company (Southern), a registered holdingcompany. Southern proposes to amend its Certificate of Incorporation in order to increase, from 500 million to 1 billion, the total number of shares of common stock, par value $5.00 per share, that Southern shall have authority to issue. Southern proposes to submit such Amendment for consideration and action by its stockholders at the annual meeting to be held on May 26, 1993. Consequently, and as provided in Rule 62(d), Southern requests that it be allowed to solicit proxies for voting on the proposed Amendment by its stockholders. It may do so. (ReI. 35-25788)

UNITIL CORPORATION, ET AL.

A notice has been issued g1v1ng interested persons until May 3, 1993 to request a hearing on a proposal by UNITIL Corporation (UNITIL), a registered holding company,and UNITIL Service Corp. (Service Corp.), its service company subsidiary. UNITIL proposes to create UNITIL Resources, Inc. (Resources), a new nonutility subsidiaryi company, and acquire all of Resources' capital stock for $10,000. In addition, UNITIL proposes to invest up to $190,000 in Resources through the acquisition of additional stock, capital contributions, open account advances or subordinated loans throughDecember 31, 1997. Resources seeks authorization through December 31, 1997 to provide consulting and other services to nonaffiliates for profit. Personnel, accounting,credit, financial, management, technical and clerical support will be provided to Resources by Service Corp. (ReI. 35-25789) !

~ 2 NEWS DIGEST, April 13, 1993

ENTERGY CORPORATION

A notice has been issued g~v~ng interested persons until May 3, 1993 to request a hearing on a proposal by Entergy Corporation (Entergy). Entergy requests authorityto issue and sell certain unsecured promissory notes in an amount not to exceed $300 million to one or more banks from time to time until May 31, 1996. (ReI. 35-25789)

PUBLIC SERVICE COMPANY OF OKLAHOMA

A notice has been issued giving interested persons until May 3, 1993 to request a hearing on a proposal by Public Service Company of Oklahoma (PSC-OK), an electric public-utility subsidiary company of Central and South West Corporation, a registeredholding company. PSC-OK proposes to sell to Ruffin Properties (Buyer), an electric customer of PSC-OK and a nonassociate company, for an aggregate sales price of $221,517 certain transformation facilities (Facilities) located on the Buyer'sproperty. The Facilities consist of five three phase, 13.2 kv/480-277 volt step-down transformers and associated equipment and facilities. (ReI. 35-25789)

SELP-REGULA'l'ORY·PRGANIZATIONS

ACCELERATED APPROVAL OF PROPOSED RULE CHANGE

The Commission approved on an accelerated basis a proposed rule change (SR-CBOE-92-34) filed by the Chicago Board Options Exchange which, among other things, allows the CBOE to calculate the exercise settlement value for reduced-value Financial Times-Stock Exchange 100 Index (Index) options traded on the CBOE by dividing the ten the value of the Exchange Delivery Settlement Price used to settle the Index optionstraded on the London International Financial Futures and Options Exchange.Publication of the order is expected in the Federal Register during the week of April 12. (ReI. 34-32120)

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.

S-3 CONSOLIDATED NATURAL GAS CO, 625 LIBERTY AVE CNG TOWER, PITTSBURGH, PA 15222 (412) 227-1000 - 400,000,000 ($400,000,000) STRAIGHT BONDS. (FILE 33-49469 - APR. 06)(BR. 13)

S-6 MUNICIPAL INVT TR FD MULTISTATE SERIES 35 DEFINEO.ASSET FDS, 450 LEXINGTON AVE,C/O DAVIS POLK & ~ARDWELL, NE~ YORK, NY 10017 (212) 450-4500 - INDEFINITE SHARES.(FILE 33-49471 - APR. 06) (NE~ ISSUE)

NEWS DIGEST, April 13, 1993 3

REGISTRATIONS CONTINUED

S-6 MUNICIPAL INVT TR FD HON PYMT SER 528 DEFINED ASSET FDS,MERRILL LYNCH PIERCE FENNER & SMITH, ONE LIBERTY PLZ, 21ST FL, 165 BROADWAY, NEW YORK,NY 10080 (NUL) L - - INDEFINITE SHARES. (FILE 33-49473 - APR. 06) (NEW ISSUE)

S-3 INTERNATIONAL BUSINESS MACHINES CORP, OLD ORCHARD RD, ARMONK, NY 10504 (914) 765-1900 - 2,650,000,000 ($2,650,000,000) STRAIGHT BONDS. (FILE 33-49475 -APR. 06) (BR. 13)

SB-2 CONGEN LP, 6000 LAKE FORREST DR, STE 200, ATLANTA, GA 30328 (404) 255-7500 -2,750,000 ($2,750,000) MORTGAGE BONDS. UNDERWRITER: LAWSON FINANCIAL CORP. (FILE33-60074-A - MAR. 25) (BR. 6 - NEW ISSUE)

S-3 SOMANETICS CORP, 1653 E MAPLE ROAD, TROY, MI 48083 (313) 689-3050 - 628,346($2,474,112) COMMON STOCK. (FILE 33-60260 - MAR. 30) (BR. 8)

S-1 REVLON WORLDWIDE CORP, 625 MADISON AVE, NEW YORK, NY 10022 (212) 527-4000 -1,115,760,000 (S624,999,993) STRAIGHT BONDS. (FILE 33-60488 - APR. 02) (BR. 9- NEW ISSUE)

N-1A KENILWORTH FUND INC, ONE FIRST NATIONAL PLAZA, STE 2594, CHICAGO, IL 60603 (312) 236-5388 - INDEFINITE SHARES. (FILE 33-60592'- APR. 01) (BR. 17 - NEW ISSUE)

ACQUISITION OF SECURITIES

Companies and individuals must report to the Commission within ten days on Schedul 13D if after the acquisition of equity securities of a public company their beneficia interest therein exceeds five percent. Persons eligible to use the short for (Schedule 13G) may in lieu of filing a Schedule 13D file a Schedule 13G within 45 day after the end of the calendar year in which the person became subject to Sectio 13(d)(1). Companies and individuals making a tender offer must have on file at th time the tender offer commences a Schedule 14D-1.

Below is a list of recent filings of Schedules 13D and 14D, which includes th following information: Column 1 - the company purchased (top), and the name of th purchaser; Column 2 - the type of security purchased; Column - 3 - the type of for filed; Column 4 - the date the transaction occurred; Column 5 - the current numbe of shares (in OOO's) owned (top) and the current percent owned; Column 6 - the CUSI number (top) and the percent owned; and Column 7 - the status of the filing, i.e. new, update or revision.

EVENT SHRS(OOO)/ CUSIP/ F ILINGNAME AND CLASS OF STOCK/OWNER FORM DATE %OWNED PRIOR,. STATUS

ACE LTO ORO 2,785 00440110MARSH & MCLENNAN RISK CAP ETAL 130 3/31/93 5.6 0.0 NEW

ACE LTD ORO 2,785 00440'10MARSH & MCLENNAN RISK CAP ETAL 130 3/31/93 5.6 0.0 RVSION

4 NEWS DIGEST, April 13, 199

ACQUISITIONS CONT.

NAME AND CLASS OF STOCK/OWNER FORM EVENT DATE

SHRS(OOO)! CUSIP/ FILING XOWNED PRIORX STATUS

ALLIED RESH CORP CCM 425 01948310 GLAZER MALCOLM I ET AL 130 3/31/93 9.2 0.0 NEY

ALLIED RESH CORP CCM 425 01948310 GLAZER MALCOLM I ET AL 130 3/31/93 9.2 0.0 RVSION

ANGEION CORP CCM 525 03499110 KRIEGER DALE B ET AL 130 3/31/93 6.0 0.0 NEY

ANGE ION CORP CCM 525 03499110 KRIEGER DALE B ET AL 130 3/31/93 6.0 0.0 RVSION

AUTOFINANCE GROUP INC CCM 313 052n41 0 INVEMED ASSOC INC 130 3/30/93 2.0 0.0 NEW

AUTOFINANCE GROUP INC CCM 313 052n410 INVEMED ASSOC INC 130 3/30/93 2.0 0.0 RVSION

AUTOFINANCE GROUP INC CCM 484 052n410 LANGONE KENNETH G 130 3/30/93 3.1 0.0 NEW

AUTOFINANCE GROUP INC LANGONE KENNETH G

C(II 130 3/30/93

484 052n410 3.1 0.0 RVSION

BODY DRAMA INC CCM 239 09689410 ALPHI FUND 130 4/ 6/93 7.5 5.6 UPDATE

BODY DRAMA INC CCM 239 09689410 ALPHI FUND 130 4/ 6/93 7.5 5.6 RVSION

CALLAWAY GOLF CO CCM 567 13119310 GENERAL ELEC PENS TR ET AL 130 3/26/93 4.0 6.8 UPOATE

CALLAYAY GOLF CO CCM 567 13119310 GENERAL ELEC PENS TR ET AL 130 3/26/93 4.0 6.8 RVSION

CHALONE WINE GROUP LTD CCM DOMAINES BARON DE ROTHCHILD 130 3/29/93

2,32238.7

15763910 24.2 UPOATE

CHALONE WINE GROUP LTD CCM DOMAINES BARON DE ROTHCHILD 130 3/29/93

2,32238.7

15763910 24.2 RVSION

CITIZENS INC RILEY HAROLD E

CL A 130 3/26/93

5,71734.3

17474010 35.2 UPOATE

CITIZENS INC RILEY HAROLD E

CL A 130 3/26/93

5,71734.3

17474010 35.2 RVSION

COMMONWEALTH BANKSHARES CORP CCM MERIDIAN BANCORP INC 130 3/30/93

1,48819.9

20269010 0.0 NEY

COMMONWEALTH BANKSHARES CORP COM MERIDIAN BANCORP INC 130 3/30/93

1,48819.9

20269010 0.0 RVSION

NEWS DIGEST, April 13, 1993 5

ACQUISITIONS CONT.

NAME AND CLASS OF STOCK{OWNER FORM EVENT DATE

SHRS(OOO)/XOWNED

CUSIP/PRIOR"

FILING STATUS

DELPHI FINL GROUP INC CL A 604 24713110 TIGER ET AL 130 3/25/93 6.3 8.1 UPDATE

DELPHI FINL GROUP INC CL A 604 24713110 TIGER ET AL 130 3/25/93 6.3 8.1 RVSION

DENSE PAC MICROSYSTEMS INC CC»4 EUROVENTURES BENELUX B V ET AL 130 3/30/93

5,59039.2

24871930 27.4 UPDATE

DENSE PAC MICROSYSTEMS INC CC»4 EUROVENTURES BENELUX B V ET AL 130 3/30/93

5,59039.2

24871930 27.4 RVSION

DESOTO INC CC»4 836 25059510 GAMCO INVESTORS INC ET AL 130 4/ 7/93 20.5 20.4 UPDATE

DESOTO INC COM 836 25059510 GAMCO INVESTORS INC ET AL 130 4/ 7/93 20.5 20.4 RVSION

EDITEK INC COM EC 274 28106810 LINDLEY W CLARKE 130 4{ 7{93 8.0 8.5 UPDATE

EDITEK INC COM EC 274 28106810 LINDLEY W CLARKE 130 4/ 7/93 8.0 8.5 RVSION

FINEVEST FOODS INC COM 557 31791610 BASS SID R.ET AL 130 4{ 5{93 5.3 5.7 UPDATJ

FINEVEST FOODS INC COM 557 31791610 BASS SID R.ET AL 130 4{ 5{93 5.3 5.7 RVSION

FIRST FINL BANCORP{LOOI SCHUMACHER WELDON 0

COM 130 10/21{91

67 5.7

32021599 0.0 NEW

FIRST FINL BANCORP/LOOI SCHUMACHER WELDON 0

COM 130 10{21{91

67 5.7

32021599 0.0 RVSION

FIRST PAC NETWORKS INC MCNAMARA ROBERT P

COM 130 3/31{93

2,20412.3

33593310 0.0 NEW

FIRST PAC NETWORKS INC MCNAMARA ROBERT P

COM 130 3{31{93

2,20412.3

33593310 0.0 RVSION

FORUM GROUP INC FORUM/CLASSIC LP

COM NEW 130 3/31{93

1,83524.9

34984130 0.0 NEW

FORUM GROUP INC FORUM{CLASSIC LP

COM NEW 130 3{31{93

1,83524.9

34984130 0.0 RVSION

GENRAO INC ATHENA PARTNERS ET AL

COM 130 3{31{93

1,1946.7

37244710 5.6 UPDATE

GENRAO INC ATHENA PARTNERS ET AL

COM 130 3/31/93

1,1946.7

37244710 5.6 RVSION

6 NEWS DIGEST, April 13, 1993

ACQUISITIONS CONT.

NAME AND CLASS OF STOCK{OUNER

GENUS INC PALO ALTO INVESTORS

COM

FORM

130

EVENT SHRS(OOO)IDATE XOWNEO

960 3/31{93 8.0

CUSIPI FILING PRIOR" STATUS

37246110 6.3 UPDATE

GENUS INC PALO ALTO INVESTORS

COM 130 3/31/93

960 8.0

37246110 6.3 RVSION

HALTER VENTURE CORP COM CONQUEST CAPITAL ACQUISITIONS 130 3{ 9{93

106 40.0

40643030 0.0 NEIJ

HALTER VENTURE CORP COM CONQUEST CAPITAL ACQUISITIONS 130 31 9/93

106 40.0

40643030 0.0 RVSION

HOLLYIJOOD PARK INC JOHNSON J R

HOLLYIJOOD PARK INC JOHNSON J R

OEP SHRS 130

OEP SHRS 130

3{26{93

3/26/93

215 7.8

215 7.8

43625530 7.3

43625530 7.3

UPDATE

RVSION

IMRE CORP ALLEN & CO INC ET AL

IMRE CORP ALLEN & CO INC ET AL

INTL TELECHARGE INC HAAN RONALD J

COM PAR $0.02 130

COM PAR SO.02 130

COM 130

3{29{93

3/29/93

3/31/93

3,38823.0

3,388 23.0

20,167 99.9

44969530 21.9

44969530 21.9

46047510 14.9

UPDATE

RVSION

UPDATE

INTL TELECHARGE INC HAAN RONALD J

JLG INOS INC GROVE JOHN L

COM

COM

130

130

3{31/93

41 2/93

20,167 99.9

691 19.1

46047510 14.9

46621010 19.1

RVSION

UPDATE

JLG INDS INC GROVE JOHN L

INTERFIRST BANKCORP CIOLEK RONALD M

INC

COM

COM

130

130

4{ 2/93

4{ 2/93

691 19.1

142 6.7

46621010 19.1

46799710 5.2

RVSION

UPDATE

INTERFIRST BANKCORP CIOLEK RONALD M

INC COM 130 4{ 2{93

142 6.7

46799710 5.2 RVSION

lASER-PAC EHRMAN

MEDIA CORP IJILllAM ET AL

COM 130 3{31/93

404 6.3

51792310 5.0 UPDATE

LASER-PAC EHRMAN

MEDIA CORP IJILLIAM ET AL

COM 130 3/31/93

404 6.3

51792310 5.0 RVSION

MARK CTLS CORP NEIJ EUCALYPTUS INVMNTS

MARK eTlS CORP NEIJ EUCALYPTUS INVMNTS

ET AL

ET AL

COM

COM

130

130

4/ 8{93

41 8/93

462 9.2

462 9.2

57099310 9.3

57099310 9.3

UPDATE

RVSION

NEWS DIGEST, April 13, 1993 7

ACQUISITIONS CONT.

EVENT SHRS(OOO)l CUSIP/ FILING NAME AND CLASS OF STOCK/OWNER FORM DATE XOWNED PRIORS STATUS

METHANEX CORP COM 19,217 59299510METALLGESEllSCHAFT CORP ET Al 130 3/ 4/93 11.4 10.8 UPDATE

METHANEX CORP COM 19,217 59299510METAllGESEllSCHAFT CORP ET Al 130 3/ 4/93 11.4 10.8 RVSION

Ml lEE ACQUISITION FD II UTS lTD PRTSHP INT 19 60695098STEYER THOMAS F ET Al 130 3/31/93 8.5 0.0 NEW

Ml lEE ACQUISITION FD II UTS lTD PRTSHP INT 19 60695098STEYER THOMAS F ET Al 130 3/31/93 8.5 0.0 RVSION

Ml lEE ACQUISITION FUND LTD PRT INT 27 60695099STEYER THOMAS F ET Al 130 3/31/93 5.5 0.0 NEW

Ml lEE ACQUISITION FUND lTD PRT INT 27 60695099STEYER THOMAS F ET Al 130 3/31/93 5.5 0.0 RVSION

NATIONAL STl CORP Cl B 22,100 63784430NKK CORP ET AL 130 3/30/93 62.3 0.0 NEW

NATIONAL STl CORP CL B 22,100 63784430NKK CORP ET Al 130 3/30/93 62.3 0.0 RVSION

NSA INTERNATIONAL INC COM 749 63899910NATIONAL SAFETY ASSOC 130 3/29/93 15.4 52.8 UPDATE

NSA INTERNATIONAL INC COM 749 63899910NATIONAL SAFETY ASSOC 130 3/29/93 15.4 52.8 RVSION

NSA INTERNATIONAL INC COM 295 63899910ORR MARVIN E 130 3/29/93 6.1 0.0 NEW

NSA INTERNATIONAL INC COM 295 63899910ORR MARVIN E 130 3/29/93 6.1 0.0 RVSION

NSA INTERNATIONAL INC COM 352 63899910SWINDLE FRED G 130 3/29/93 7.2 0.0 NEW

NSA INTERNATIONAL INC COM 352 63899910SWINDLE FRED G 130 3/29/93 7.2 0.0 RVSION

NEOGEN CORP COM 379 64049110KBD LP ET AL 130 3/30/93 9.3 0.0 NEW

NEOGEN CORP COM 379 64049110KBD LP ET Al 130 3/30/93 9.3 0.0 RVSION

NEWORLD BANCORP INC Del COM 308 65171110KANEB JOHN A 130 1/28/93 7.6 8.2 UPDATE

NEWORlD BAN CORP INC Del COM 308 65171110KANEB JOHN A 130 1/28/93 7.6 8.2 RVSION

NEWS DIGEST, April 13, 1~ 8

ACQUISITIONS CONT.

NAME AND CLASS OF STOCK/OWNER FORM EVENT DATE

SHRS(OOO)/XOWNEO

CUSIP/PRIORX

FILING STATUS

NOWSCO ~ELL SVC LTD HAMBLIN ~ATSA INVMT

COM COUNSEL 130 3/30/93

1,463 9.1

67012210 13.2 UPDATE

NOWSCO ~ELL SVC LTD HAMBLIN WATSA INVMT

COM COUNSEL 130 3/30/93

1,463 9.1

67012210 13.2 RVSION

OHIO BANCORP COM 14 67715110 NATIONAL CITY CORP 130 4/ 1/93 0.2 0.0 NEW

PETROMET RESOURCES LTD COM 814 71673110 INDUSTRIAL EQUITY FUND LTD 130 3/24/93 3.8 4.9 UPDATE

PETROMET RESOURCES LTD COM 814 71673110 INDUSTRIAL EOUITY FUND LTD 130 3/24/93 3.8 4.9 RVSIOII

PHARMACONTROL CORP ICC INOS INC ET AL

COM 130 3/29/93

17,908 66.7

71691030 54.3 UPDATE

PHARMACONTROL CORP ICC INOS INC ET AL

COM 130 3/29/93

17,90866.7

71691030 54.3 RVSION

PHOENIX RESOURCE COS INC COM PAR SO.01 b03 71891320 GROSS LEON S 130 3/30/93 14.2 14.1 UPDATE

PHOENIX RESOURCE COS INC COM PAR SO.01 603 71891320 GROSS LEON S 130 3/30/93 14.2 14.1 RVS I011

PHYSICIANS CLINICAL LAB INC COM 846 72099210 METHODIST HOSP/SACRAMENTO 130 4/ 6/93 14.2 0.0 NEW

PHYSICIANS CLINICAL LAB INC COM 846 72099210 METHODIST HOSP/SACRAMENTO 130 4/ 6/93 14.2 0.0 RVSION

PHYSICIANS CLINICAL LAB INC COM 0 72099210 VALLEY HEALTH CARE CORP 130 4/ 6/93 0.0 14.2 UPDATE

PHYSICIANS CLINICAL LAB INC COM 0 72099210 VALLEY HEALTH CARE CORP 130 4/ 6/93 0.0 14.2 RVSION

PUBLIC STORAGE PPTYS VIII CL A 729 74599910 HUGHES B WAYNE ET AL 130 3/31/93 25.9 26.0 UPDATE

PUBLIC STORAGE PPTYS VIII CL A 729 74599910 HUGHES B WAYNE ET AL 130 3/31/93 25.9 26.0 RVSION

RAVENS METAL PROD POLLOCK JACOB

INC COM 130 3/31/93

7,003 90.1

75439910 12.9 UPDATE

RAVENS METAL PROD POLLOCK JACOB

INC COM 130 3/31/93

7,003 90.1

75439910 12.9 RVSION

RECONVERSION RECYCLED

TECH PRODS

INC CORP

COM 130 3115/93

2,750 37.4

75624610 0.0 NEW

NEWS DIGEST, April 13, 1993 9

ACQUISITIONS CONT.

NAME AND CLASS OF STQCK/OWNER FORM EVENT DATE

SHRS(Ooo)l CUSIPI FILING XOWNED PRIORI STATUS

RECONVERSION TECH INC RECYCLED PRODS CORP

COM 130 3/15/93

2,75037.4

75624610 0.0 RVSION

SOUTHSIDE BANCSHARES DIERBURG FOUR LP

COM 130 3/29/93

0 0.0

84470010 0.0 NEY

SOUTHSIDE BANCSHARES DIERBURG FOUR LP

COM 130 3/29/93

0 0.0

84470010 0.0 RVSION

SOUTHSIDE BANCSHARES FIRST BANKS INC

SOUTHSIDE BANCSHARES FIRST BANKS INC

COM

COM

130

130

3/29/93

3/29193

31 11.9

31 11.9

84470010 0.0 NEY

84470010 0.0 RVSION

SPELLING ENTMT GROUP INC COM AMERICAN FINANCIAL CORP ET AL 130 3/31/93

0 0.0

84780710 47.8 UPDATE

SPELLING ENTMT GROUP INC COM AMERICAN FINANCIAL CORP ET AL 130 3/31/93

0 0.0

84780710 47.8 RVSION

STERLING SOFTYARE INC YlLY CHARLES J JR

COM 130 41 4/93

925 85954710 8.4 7.5 UPDATE

STERLING SOFTYARE INC YlLY CHARLES J JR

COM 130 4/ 4/93

925 85954710 8.4 7.5 RVSIt!N

STERLING SOFTYARE INC YYLY SAM

COM 130 41 4/93

634 85954710 5.8 4.9 UPDATE

STERLING SOFTYARE INC YlLY SAM

COM 130 41 4/93

634 85954710 5.8 4.9 RVSION

SUNBEAM' OSTER INC SUNBEAM OSTER EQUITIES

COM ET AL 130 3/30/93

68,17080.3

86707110 90.4 UPDATE

SUNBEAM-OSTER INC SUNBEAM OSTER EQUITIES

COM ET AL 130 3/30193

68,17080.3

86707110 90.4 RVSION

TOX CORP MARX LOUIS JR ET AL

COM 130 3/30/93

769 8n36310 19.0 28.9 UPDATE

TOX CORP MARX LOUIS JR ET AL

COM 130 3/30/93

769 87236310 19.0 28.9 RVSION

TELICONICS INC ISLAND INVESTMENT CORP

COM 130 1/31/93

0 0.0

88299910 NIA UPDATE

TEllCONICS INC ISLAND INVESTMENT CORP

COM 130 1/31/93

0 0.0

88299910 NIA RVSION

10 NEWS DIGEST, April 13, 1993

ACQUISITIO~ CONT.

EVENT SHRS(OOO)/ CUSIP/ FILING

NAME ANQ CLASS OF STOCK/OWNER FORM DATE XOWNED PRIORX STATUS

VALUEVISION INTL COt 288 92099310SMITH NEW COURT, CARL MARKS IN 130 3/19/93 5.5 0.0 RVSION

VALUEVISION INTL COt 288 92099310

SMITH NEW COURT, CARL MARKS IN 130 3/19/93 5.5 0.0 RVSION

VICON INDS INC COt 234 92581110

KATZ MICHAEL DAVID ET AL 130 3/31/93 8.5 7.9 UPDATE

VICON INDS INC COt 234 92581110

KATZ MICHAEL DAVID ET AL 130 3/31/93 8.5 7.9 RVSION

WTD INDS INC COt NEW 273 92934420

GREENBLATT JOEL ET AL 130 3/16/93 4.3 8.5 UPDATE

WTD INDS INC C(J4 NEW 273 92934420

GREENBLATT JOEL ET AL 13D 3/16/93 4.3 8.5 RVSION

WATSCO INC CL A 191 94262220BUTLER OLIVER M ET AL 13D 2! 1/93 7.6 15.4 RVS\ON

WATSCO INC CL A 191 94262220

BUTLER OLIVER M ET AL 13D 2! 1/93 7.6 15.4 RVSION

WESTERN MICRO TECHNOLOGY INC COM 371 95864810

MARREN BERNARD T 130 4/ 6/93 12.8 12.9 UPDATE

WESTERN MICRO TECHNOLOGY INC C(J4 371 95864810

MARREN BERNARD T 13D 4/ 6/93 12.8 12.9 RVSION

ZEMEX CORP C(J4 0 98991710

AVALON CORP ET AL 13D 3/ 8/93 0.0 43.6 UPOATE

ZEMEX CORP C(J4 0 98991710

AVALON CORP ET AL 13D 3/ 8/93 0.0 43.6 RVSION

NEWS DIGEST, April 13, 1993 11

RECENT 8KFILINGS

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.

The companies listed below have filed 8-K reports for the date indicated and/oamendments to 8-K reports previously filed, responding to the item(s) of the for specified. Copies of the reports may be purchased from the COlllllhsion's Publi Reference Room (when ordering, please give the date of the report). An invoice wi! be included with the requested material when mailed.

STATE 8K ITEM NO.NAME OF ISSUER COOE 1 2 3 4 5 6 7 8 DATE COMMENT

ALLIED RESEARCH CORP DE X 04/03/93ARIX CORP DE X X 04/01193BAKER J INC MA X 03/15/93BEAR STEARNS COMPANIES INC DE X X 04/07/93CALIFORNIA ENERGY CO INC DE X X 04/05/93CelLULAR INC CO X X 04/06/93COMMERCIAL FEDERAL CORP NE X 04/01/93DCC COMPACT CLASSICS INC CA X 01125/93FGIC SECURITIES PURCHASE INC DE X 04/06/93FIRST AMERICAN CORP /TN/ IN X 04/05/93IDAHO POWER CO 10 X 03/29/93JCP RECEIVABLES INC DE NO ITEMS 02117/93 AMENDMERRILL LYNCH MORTGAGE CAPITAL INC DE NO ITEMS 02115/93MORR ISON KNUDSEN CORP DE X 02111/93MURPHY OIL CORP /DE DE X 03/25/93RESOLUTION TRUST CORP COHM MOR PAS THR C X X 03/25/93RESOLUTION TRUST CORP COHM MOR PAS THR C X X 03/25/93RESOLUTION TRUST CORP COHM MORT PAS THR X X 03/25/93RESOLUTION TRUST CORP COHM MORT PAS THR X X 03/25/93RESURGENS COMMUNICATIONS GROUP INC GA X X 03/26/93RITE AID CORP DE X 03/29/93ROOHAN & RENSHAW CAPITAL GROUP INC DE X X 03/30/93SOUTHERN MICHIGAN BANCORP INC HI X X 03/31/93STATE FINANCIAL SERVICES CORP WI X X 03/31/93UNION VALLEY CORP NJ X X 11/30/92YelLOW FREIGHT SYSTEM INC OF DELAWARE DE X 03/24/93

12 NEWS DIGEST, April 13, 1993