OTHER NEWS - Feb. 3, 1994

Investment Expert Gets Jail Term for Lying: Michael Borlinghaus, a former principal at the New York firm of Frost & Sullivan, was sentenced to five months in jail for lying to federal securities regulators about an insider-trading scheme, according to a statement from the U.S. attorney in Manhattan. Borlinghaus also received five months of home confinement and 300 hours of community service. According to the statement, a paralegal assistant at Skadden, Arps, Slate, Meagher & Flom, a prominent New York law firm, provided inside information to his roommate, Darrin Gleeman, who then passed it on to his father. The elder Gleeman conveyed the information to a co-worker at IBM, Edwin Karger. He in turn told Borlinghaus. Borlinghaus, 45, acting on behalf of Karger and others, used the information to buy stocks, acting through secret accounts in Europe, the release said.