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Microcap & Penny Stocks : BNEZ and PMA; Success in 1999 -- Ignore unavailable to you. Want to Upgrade?

To: Elio Madama who wrote (1600)	1/11/1999 12:47:00 PM
From: BigDaddyMac	Read Replies (2) \| Respond to of 2648

Elio, rumor has it that you are selling all your BNEZ shares this week, IS THIS TRUE????? mitchell

To: Elio Madama who wrote (1600)	1/11/1999 12:58:00 PM
From: Elio Madama	Respond to of 2648

EUTERS) SEC settles with firms, ends Nasdaq probe =2 SEC settles with firms, ends Nasdaq probe =2 Without admitting or denying wrongdoing, the 28 firms agreed to pay $26,302,500 in civil penalties and repay $791,525. Among the firms, retail brokerage firm PaineWebber Group Inc. <PWJ.N> will pay $6.7 million in civil penalties and repayment of illegal profits. Others included Warburg Dillon Read, a subsidiary of Union Bank of Switzerland <UBS.S> with $3.5 million, and investment bank J.P. Morgan & Co. Inc. <JPM.N> with $1.3 million. "These settlements effectively bring to a close the long-standing investigation of the Nasdaq market first begun by the SEC in 1994," Richard Walker, director of the SEC's division of enforcement, said in a statement. The SEC started its probe in 1994 after two Vanderbilt University professors published a study that alleged market makers fixed prices on the electronic Nasdaq stock market. ((Washington newsroom, 202 898-8399 Fax: 202 347-3853, washington.equities.newsroom@reuters.com)) REUTERS * end of story *