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02/12/03 3:48 PM

#31033 RE: CDR #31029

Did I state the SEC or other federal agencies are pursuing this issue? No, I did not say that.

I simply said this issue concerns the SEC and other organizations mandated to protect the individual investor.

Further, the SEC does not comment on nor disclose investigations so you nor I would be aware of any investigation of this situation until and unless action was taken.