Securities Listed on OTC - 4TH Quarter 2001  
             J.D. Seibert & Co., Inc.                       

Summary Statistics:

Non-directed orders as percentage of total customer orders   739/739
Market orders as percentage of total non-directed orders     334/739
Limit orders as percentage of total non-directed orders      386/739
Other orders as percentage of total non-directed orders      19/739

Venues receiving significant percentage of total non-directed orders:

Fleet                                                        222/739
Knight Securities                                            422/739
Robertson Stephens                                           95/739

Information Concerning significant Venues:

Fleet

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             115/386
Market orders as percentage of total market orders           96/334
Other orders as percentage of total other orders             11/19


Knight Securities

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             199/386
Market orders as percentage of total market orders           216/334
Other orders as percentage of total other orders             7/19


Robertson Stephens

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             72/386
Market orders as percentage of total market orders           22/334
Other orders as percentage of total other orders             1/19