EXHIBIT 21

                        SUBSIDIARIES OF THE REGISTRANT

NAME OF CORPORATION                       STATE OF INCORPORATION
- -------------------                       ----------------------
Clearwater Acquisition Corporation              Delaware
Lafayette Acquisition Corporation               Louisiana
Realty Acquisition Corporation                  Delaware
SPIALA Corporation                              Delaware
SPIANTONIO, Inc.                                Delaware
SPIAPT, Inc.                                    Alabama
SPIAPTLA, Inc.                                  Delaware
SPIBILE, Inc.                                   Alabama
SPICLIFF, Inc.                                  Delaware
SPICOM, Inc.                                    Alabama
SPICOMLA, Inc.                                  Delaware
SPIDAY, Inc.                                    Delaware
SPIDELA, Inc.                                   Delaware        
SPILAF, Inc.                                    Alabama
SPILAKE, Inc.                                   Delaware
SPILAN, Inc.                                    Delaware
SPILAND, Inc.                                   Alabama
SPILOT, Inc.                                    Alabama
SPIMALL, Inc.                                   Alabama
SPIMALLA, Inc.                                  Delaware
SPINAP, Inc.                                    Delaware
SPINELLON, Inc.                                 Delaware
SPINO, Inc.                                     Delaware
SPIPAL, Inc.                                    Delaware
SPIPOWER, Inc.                                  Alabama
SPITON, Inc.                                    Alabama
SPITOWN Corporation                             Delaware
SPIWACHEE, Inc.                                 Delaware
SPIWARD, Inc.                                   Delaware