NIAR North American Resorts Message Board

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Microcap & Penny Stocks : NIAR North American Resorts

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To: Syd Deem who wrote (130)	12/18/1996 12:17:00 PM
From: Cosmo Daisey	of 179

Syd, I picked up another 100,000 shares yesterday. The posting from Stockman asked some questions and speculated as to what the answers might be without any basis on fact. We could guess that because Disney is getting into timeshare and because the 220 acre island owned by NIAR is ten minutes away that Disney might buy out North American because it would be cheaper than buying Cypress Island on the open market. We could guess that the news announcments coming the first of the year may include a financing agreement by Travelers to develop the island into the Orlando area's premiere vacation club resort. We could guess that North American is holding talks with a large timeshare company about a merger or takeover. We could guess anything we can dream up. The stockman writeup was meant to solicite a response from TPT, Paul, and Jessie, as I read it. I can't guesss what their response will be but in the past they have been strong supporters of NIAR and the only negative thing that has happened since the first writeup is the price has declined. The positives are a new IR firm, canceling the stock swap deal that turned out bad for NIAR, and a lower price to position more shares. Coz

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