SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 17147 / September 21, 2001

   SEC v. BigPlayStocks.com, Inc. and John R. Luers, U.S. District Court
   for the Eastern District of Wisconsin, Civil Action No. 01-CV-949
   (E.D. Wis.)

   The U.S. Securities and Exchange Commission ("Commission") announced
   today that it filed an action in a federal district court charging
   BigPlayStocks.com, Inc. ("BPS") and its president John R. Luers
   ("Luers") with violations of Section 10(b) of the Securities Exchange
   Act of 1934 and Rule 10b-5 thereunder. The Commission is seeking
   permanent injunctive relief against Luers and BPS, and civil penalties
   against Luers.

   The Commission's complaint alleges that Luers and BPS have provided
   false and misleading information to subscribers and potential
   subscribers to the internet website, www.BigPlayStocks.com. The
   sports-themed website is operated by BPS and Luers, who bills himself
   "the Stock Jock." Through the site, Luers and BPS provide paid
   subscribers with stock-trading recommendations supposedly produced by
   a staff of multiple professional traders. Luers and BPS represent to
   subscribers and potential subscribers that these recommendations have
   been highly successful, and that Luers frequently makes and profits
   from the recommended trades. For over a year, the site also featured a
   "live trading room," where, according to Luers and BPS, subscribers
   could watch the Stock Jock in "real time" as he made profitable stock
   trades.

   The Commission's complaint alleges that there is no staff of
   professional traders and that Luers alone produces the trading
   recommendations and operates the site. According to the complaint,
   Luers usually does not trade in accordance with his advice, and his
   personal trading record does not support the performance claims he and
   BPS make. Also according to the complaint, most of the trading
   activity depicted in the "live trading room" and elsewhere on the site
   is hypothetical, a fact that Luers and BPS do not reveal to
   subscribers and potential subscribers. The complaint further alleges
   that Luers and BPS mischaracterize market history and other
   information to present a positive track record for their
   recommendations. In particular, the complaint alleges that Luers and
   BPS have claimed trades at prices that never existed in the market
   during the relevant period.

   For further information contact Thomas J. Eme at (312) 353-1475 or
   John J. Sikora at (312) 353-7418.
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