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

Summary Statistics:

Non-directed orders as percentage of total customer orders   100.0%
Market orders as percentage of total non-directed orders     59.3%
Limit orders as percentage of total non-directed orders      39.6%
Other orders as percentage of total non-directed orders      1.0%

Venues receiving significant percentage of total non-directed orders:

Knight Securities                                            74.2%
Fleet                                                        20.3%
Robertson Stephens                                           5.5%

Information Concerning significant Venues:

Knight Securities

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             69.7%
Market orders as percentage of total market orders           76.7%
Other orders as percentage of total other orders             100.0%


Fleet

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             23.6%
Market orders as percentage of total market orders           18.5%


Robertson Stephens

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             6.7%
Market orders as percentage of total market orders           4.8%