SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.

Litigation Release No. 15727 / April 29, 1998

   Securities and Exchange Commission v. Atlantic Capital Corporation,
   Wall Street Marketing, Inc., Pullman Publications, Inc., Stephen
   DeCesare, Mark Missler, Patrick Kephart, Howard Jenkins, Scott
   Mijares, Robert Thomas Beatty, Vincent St. Clair Beatty, Michael
   Cardascia, David Scott Rossman, Adrian Wilson, Timothy B. Daley, and
   David M. Connochie (M.D. Fla.) No. 96-1043-CIV-ORL-19A

   The Commission announced today that a stockbroker, previously charged
   with receiving kickbacks in exchange for selling certain securities to
   his clients, has settled the charges against him. On September 27,
   1996, the Commission filed a Complaint in U.S. District Court for the
   Middle District of Florida alleging that a group of stock promoters
   engaged in an 18-month fraudulent scheme in which they paid $477,580
   in kickbacks to seven stockbrokers to induce them to retail certain
   securities to their customers. The Complaint further alleges that the
   stockbrokers defrauded their customers by failing to disclose to the
   customers that they were receiving these kickbacks.

   The settling stock broker is David W. Connochie ("Connochie"), age 43,
   of Tampa, Florida. During the period Connochie was alleged to have
   received the illegal payments, he was employed by Schneider
   Securities, Inc. (February through May 1992); Mayfair Securities
   Limited (May through August 1992); and Paragon Capital Corporation
   (August 1992 through January 1994), all broker-dealers registered with
   the Commission.

   Connochie consented, without admitting or denying the allegations in
   the Complaint, to the issuance of a Final Judgment by Judge Patricia
   C. Fawsett of the United States District Court for the Middle District
   of Florida enjoining him from future violations of Section 17(a) of
   the Securities Act of 1933 and Section 10(b) of the Securities
   Exchange Act of 1934 and Rule 10b-5 -- the "antifraud" provisions of
   the federal securities laws. Connochie also consented to disgorge
   $25,920 in illegal profits he received from the alleged kickback
   scheme, plus $12,775.16 in prejudgment interest and to pay a penalty
   of $25,920. In addition, Caonnochie consented to the issuance of an
   Order by the Commission permanently barring him from association with
   any broker-dealer, investment company, investment adviser or municipal
   securities.

   The Commission's litigation remains pending against two brokers and
   one stock promoter.