Securities Listed on OTC – 3rd 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     68.1%
Limit orders as percentage of total non-directed orders      31.5%
Other orders as percentage of total non-directed orders      0.5%

Venues receiving significant percentage of total non-directed orders:

Knight Securities                                            89.7%
Fleet                                                        10.1%
Robertson Stephens                                           0.2%

Information Concerning significant Venues:

Knight Securities

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             90.3%
Market orders as percentage of total market orders           89.3%
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             9.7%
Market orders as percentage of total market orders           10.3%


Robertson Stephens

Type of Orders Routed to Venue:

Market orders as percentage of total market orders           0.3%