Securities Listed on OTC - 2nd Quarter 2002
J.D. Seibert & Co., Inc.

Summary Statistics:

Non-directed orders as percentage of total customer orders   492/492
Market orders as percentage of total non-directed orders     292/492
Limit orders as percentage of total non-directed orders      195/492
Other orders as percentage of total non-directed orders      5/492

Venues receiving significant percentage of total non-directed orders:

Knight Securities                                            365/492
Fleet                                                        100/492
Robertson Stephens                                           27/492

Information Concerning significant Venues:

Knight Securities

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             136/195
Market orders as percentage of total market orders           224/292
Other orders as percentage of total other orders             5/5


Fleet

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             46/195
Market orders as percentage of total market orders           54/292


Robertson Stephens

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             13/195
Market orders as percentage of total market orders           14/292