Securities Listed on OTC– 3rd Quarter 2002  
             J.D. Seibert & Co., Inc.                       

Summary Statistics:

Non-directed orders as percentage of total customer orders   426/426
Market orders as percentage of total non-directed orders     290/426
Limit orders as percentage of total non-directed orders      134/426
Other orders as percentage of total non-directed orders      2/426

Venues receiving significant percentage of total non-directed orders:

Knight Securities                                            382/426
Fleet                                                        43/426
Robertson Stephens                                           1/426

Information Concerning significant Venues:

Knight Securities

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             121/134
Market orders as percentage of total market orders           259/290
Other orders as percentage of total other orders             2/2


Fleet

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             13/134
Market orders as percentage of total market orders           30/290


Robertson Stephens

Type of Orders Routed to Venue:

Market orders as percentage of total market orders           1/290