JOINT FILING AGREEMENT

                                                            EXHIBIT 5

                               JOINT FILING AGREEMENT

                    The undersigned, and each of them, do hereby agree
          and consent to the filing of a single statement on behalf of
          all of them on Schedule 13D and amendments thereto, in
          accordance with the provisions of Rule 13d-1(f)(1) of the
          Securities Exchange Act of 1934.

          Dated:  March 12, 1996
                                        By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇       
                                        Name:   ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇

                                        WAND (▇▇▇▇▇▇) INC.

                                        By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇       
                                        Name:   ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
                                        Title:  Chairman

                                        WAND/▇▇▇▇▇▇ INVESTMENTS L.P.

                                        By:     Wand (▇▇▇▇▇▇) Inc., as
                                                General Partner

                                        By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇       
                                        Name:   ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
                                        Title:  Chairman

                                        WAND/▇▇▇▇▇▇ INVESTMENTS II L.P.

                                        By:     Wand (▇▇▇▇▇▇) Inc., as
                                                General Partner

                                        By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇      
                                        Name:   ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
                                        Title:  Chairman

                                        WAND/▇▇▇▇▇▇ INVESTMENTS III L.P.

                                        By:     Wand (▇▇▇▇▇▇) Inc., as
                                                General Partner

                                        By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇       
                                        Name:   ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇
                                        Title:  Chairman