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Strategies & Market Trends : CMM - REITs

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To: Eric L. who started this subject	6/19/2001 3:42:36 PM
From: leigh aulper	Read Replies (1) of 126

CRIIMI MAE Chairman Purchases 100,000 Shares of Common Stock ROCKVILLE, Md., June 19 /PRNewswire/ -- CRIIMI MAE Inc. (NYSE: CMM) announced that its chairman, William B. Dockser purchased a total of 100,000 shares of the Company's common stock. The purchases occurred on June 14, 2001 at prices ranging from 59 to 61 cents per share. Mr. Dockser said, "In light of the recent developments of the Company's emergence from bankruptcy and reinstatement of the servicing ratings for CRIIMI MAE's servicing affiliate by Standard and Poor's, I believe that the current market value of CRIIMI MAE's common stock makes the shares an attractive investment."

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