Securities Listed on OTC  
             Univest Securities, Inc.                        

Summary Statistics:

Non-directed orders as percentage of total customer orders   100.0%
Market orders as percentage of total non-directed orders     1.5%
Limit orders as percentage of total non-directed orders      98.5%
Other orders as percentage of total non-directed orders      0.0%

Venues receiving significant percentage of total non-directed orders:

Knight Securities                                            83.3%
Hudson Securities                                            1.0%
Archipelago                                                  7.5%
UBS                                                          8.2%

Information Concerning significant Venues:

Knight Securities

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             83.2%
Market orders as percentage of total market orders           87.8%
Other orders as percentage of total other orders             100.0%


Hudson Securities

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             1.0%


Archipelago

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             7.6%


UBS

Type of Orders Routed to Venue:

Limit orders as percentage of total limit orders             8.1%
Market orders as percentage of total market orders           12.2%