0000950136-97-000664 424B1 1 19970520 BSE NASD PIVOT RULES INC 0001030896 5130 133612110 NY 1231 424B1 33 333-22895 97611864 80 WEST 40TH ST NEW YORK NY 10018 2129448000 80 WEST 40TH STREET NEW YORK NY 10018 424B1 1 000095013697000664-001-seq1-424b1.txt DEFINITIVE MATERIALS