Bruce and Lois Zenkel, et al. - Page 17

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          also visited PI in Hyannis and met with Miller and other insiders           
          to the transactions.  Leicht never communicated an opinion as to            
          the value of the recyclers other than what was presented in the             
          offering memoranda.  He has no education or expertise in plastics           
          materials or plastics recycling.                                            
          E.  Petitioners and Their Introduction to the Partnership                   
          Transactions                                                                
               Petitioners in these cases under consideration do not have             
          any education or work experience in plastics recycling or plastic           
          materials.  They did not independently investigate the Sentinel             
          EPE recyclers or see a Sentinel EPE recycler or any other type of           
          plastics recycler prior to participating in the recycling                   
          ventures.                                                                   
               1.  Bruce and Lois Zenkel                                              
               Petitioners Bruce and Lois Zenkel (the Zenkels) resided in             
          Scarsdale, New York, when their petition was filed.  Bruce Zenkel           
          (Mr. Zenkel) graduated from the University of Michigan and took             
          some post-graduate courses at the University of Pennsylvania.               
          Mr. Zenkel did not testify at trial.  Lois Zenkel (Mrs. Zenkel)             
          attended Connecticut College and in 1975 received a degree from             
          Manhattanville College.  During the years in issue, Mrs. Zenkel             
          was a freelance photographer, and Mr. Zenkel was an investment              
          banker.  On their joint 1982 Federal income tax return, the                 
          Zenkels reported gross income from wages, interest, dividends,              







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