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                   UNITED STATES SECURITIES AND EXCHANGE COMMISSION

        Litigation Release No.  15707 / April 15, 1998

        Securities and Exchange Commission v. Jerome M. Wenger, 98 Civ.
2674
        (MM)(S.D.N.Y.)

        The Commission filed a Complaint today in the United States
District
        Court for the Southern District of New York alleging that, between
        June 1997 and September 1997 (the "Relevant Period"), a radio talk
        show host promoted the stock of a company on his radio program
without
        disclosing that he was being paid by the company to do so.

        Named in the Commission's Complaint is:

Jerome M. Wenger ("Wenger"), age 52, of Bethesda, Maryland.  Wenger hosts
The
Next SuperStock radio program, which is broadcast on over ten radio
stations
nationwide, including, New York, Chicago, Boca Raton, Boston, Phoenix,
Seattle
and Washington, D.C.  Wenger also publishes a newsletter and maintains an
Internet Web Site, both of which also use the name The Next SuperStock.

        The Complaint alleges that, during June 1997, Wenger made a
proposal
        to Transco Research Corporation ("Transco"), a Delaware corporation
        that distributes pre-paid telephone cards and cellular telephones.
        Specifically, Wenger allegedly offered to describe and promote
sales
        of Transco stock on broadcasts of The Next SuperStock radio program
in
        exchange for shares of Transco common stock.  According to the
        Complaint, Transco agreed to pay Wenger consideration in exchange
for
        Wenger's promotion of Transco stock.  Accordingly, Transco
allegedly
        paid Wenger consideration that included: (a) 44,000 shares of
Transco
        common stock, which Transco tendered to Wenger on June 12, 1997;
(b)