0000950136-97-000262 424A 1 19970314 BSE NASD PIVOT RULES INC 0001030896 5130 133612110 NY 1231 424A 33 333-22895 97556599 80 WEST 40TH ST NEW YORK NY 10018 2129448000 80 WEST 40TH STREET NEW YORK NY 10018 424A 1 000095013697000262-001-seq1-424a.txt DEFINITIVE MATERIALS