UNITED STATES SECURITIES AND EXCHANGE COMMISSION

          LITIGATION RELEASE NO. 15644 / February 18, 1998

            SECURITIES AND EXCHANGE COMMISSION V. J. BRISTOW ANDERSON, BRADLEY F. BAHRET,
            DEBORAH D. BAHRET, LISA R. BURGESS-PITTMAN,LINDA A. CONNOR, GEORGE L. GORE, JR., M.
            LEON JENSEN, STEPHEN J. KATZ, AND CHARLES R. PERRY, JR., CIVIL ACTION FILE NO. 1:97-
            2432-JEC

            On December 10, 1997, the Honorable Julie E. Carnes, United States District Judge
            for the Northern District of Georgia, entered orders of permanent injunction against
            M. Leon Jensen ( Jensen ) of Duluth, Georgia and George Gore, Jr. ( Gore ) of Castle
            Rock, Colorado. Gore is a former employee and Jensen is a former director of Paragon
            Mortgage Corporation,a now defunct mortgage banking company, formerly headquartered
            in Smyrna, Georgia.

            Without admitting or denying the allegations set forth against them, Jensen and Gore
            consented to judgments of permanent injunction enjoining them from violating Section
            17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act
            of 1934 and Rule 10b-5 thereunder.  Disgorgement and civil penalties were ordered
            with 1) Jensen consenting to pay $6,990 in disgorgement and prejudgment interest,
            and $7,688 in civil penalties and 2) Gore consenting to pay $2,587 in disgorgement
            and prejudgment interest, and $2,813 in civil penalties.

            Litigation against defendant Bradley Bahret of Marietta, Georgia is continuing.




























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