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To: Bill Brogan who wrote (16179)	5/6/1999 4:52:00 PM
From: Baldwin	Respond to of 19331

Bill, two excellent questions. Thanks for making the effort. I'd be amazed if your call is returned.

To: Bill Brogan who wrote (16179)	5/6/1999 5:13:00 PM
From: Colin Cody	Read Replies (1) \| Respond to of 19331

re: I want to know: my 2c #1 The SEC is not your friend. If you want to chat, find someone else to chat with. #2 The SEC now reads this thread. They have already read your two very good questions, but they are not answering us! (g) 1. Was this action instigated by a third party's "tip" to the SEC of some apparent wrongdoing (a la our hostile suitor friend)? Good rhetorical question, as we know it OBVIOUSLY was - but The SEC response will likely be "that's none of your business." or even: "what wrongdoings do you know about?" 2. Why the trading suspension if the pooling of assets method of accounting is still acceptable while other companies are successfully using this method? Was there something in the financial statements that reeked of misrepresentation or obvious illegal activity? While I think this is an EXCELLENT question:- The SEC response will likely be "we can not comment on that" If anybody else has any questions they'd like to have asked let me know and if I can get through to Mr. Muoio and he is willing to discuss this with me I'll be sure to ask... IMO, the SEC is not there to have a discussion with concerned parties. They are there to accumulate "evidence of wrongdoing" I would think of them like I would a uniformed police officer standing on the sidewalk immediately after a bank robbery. Some people suggest that you keep your discussions with them at the same level you would with that cop, after all that's what their job is: COP. If you want a friendly SEC/NASD inquiry line for general questions (SEC will NEVER comment on an ongoing investigation, past investigation or future investigation) try: (212) 748-8000 "Branch of Broker-Dealer Enforcement and Interpretations" (301) 590-6434 "NASD Market Surveillance Group" (202) 942-8088 "SEC General Information line" (202) 272-3100 "Questions answered via Automated Computer line"

To: Bill Brogan who wrote (16179)	5/6/1999 6:33:00 PM
From: valuehunter	Read Replies (1) \| Respond to of 19331

Would anyone care to lay out a POSITIVE scenario on this situation? For example, is there any chance that our stock will end the trading suspension by being approved for NAZDAQ listing after accounting matters are resolved? I would appreciate hearing a well thought out "shareholder value enhancing" potential conclusion to the SEC investigation. Thanks in advance>>>>>>>>>>>>>>>>>v

To: Bill Brogan who wrote (16179)	5/6/1999 8:41:00 PM
From: Pr-Ac Man	Respond to of 19331

I want to know: 1. Was this action instigated by a third party's "tip" to the SEC of some apparent wrongdoing (a la our hostile suitor friend)? Bill: You don't really think that they would answer that, do you? Whether you intend it or not, I think that they would interpret this question as an suspicion of wrongdoing on the part of the SEC. I understand your frustration, and I also have questions about the sources and nature of this investigation. But I'm not sure if "pissing off" the SEC is going to do the shareholders any good at this juncture. I agree completely with Colin on this one. The SEC is not our friend, and they are currently in an adversarial relationship with our company. My opinion is that we let things unfold, and once this matter has been resolved then consider what steps to take regarding the SEC. I have no problem with your second question. Anyway, these are just my thoughts. PA