Kober Corp

Kober Corporation, through its subsidiaries, conducts securities brokerage and trading and investment banking businesses. At 2/28/90, the Company served its customers from approximately three company owned and four franchised offices in CO, UT, MT and FL. Kober also holds an interest in Westdak, Inc., which has in- terests in a motel, saloon and real estate development in Deadwood, SD.