ROANOKE TIMES

                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: TUESDAY, December 20, 1994                   TAG: 9501100108
SECTION: BUSINESS                    PAGE: B-7   EDITION: METRO  
SOURCE: The New York Times
DATELINE:                                 LENGTH: Short


DERIVATIVES BROKERS FOUND EASY PREY

The brokers beseiged Judy Comstock, who manages a $350 million investment pool for Idaho municipalities. They wanted to sell her investments of the sort that later helped send Orange County, Calif., into bankruptcy.

"They were like camels," Comstock said, "trying to put their nose in our tent."


Memo: NOTE: Please see microfilm for text.

by CNB