Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (16325)	10/7/1998 9:55:00 AM
From: PaulB	Read Replies (1) of 120523

REXI (PR NEWSWIRE) Radcliffe, Mitchell and Weiss offers $15.00 per share for Re Radcliffe, Mitchell and Weiss offers $15.00 per share for Resource America, Inc. (REXI) NEW YORK, Oct. 7 /PRNewswire/ -- Radcliffe, Mitchell and Weiss announced today that in a letter to Chairman Edward Cohen it is offering $15.00 per share for all outstanding shares of Resource America, Inc. (Nasdaq: REXI). This offer is subject to among other things, further due diligence and the completion of a signed definitive merger agreement with REXI. Radcliffe, Mitchell and Weiss is an investment firm with interests in real estate and other investments. SOURCE Radcliffe, Mitchell and Weiss -0- 10/07/98 /CONTACT: Roy Nazaroff, Managing Director of Radcliffe, Mitchell and Weiss, 914-496-0727/ (REXI) CO: Radcliffe, Mitchell and Weiss; Resource America, Inc. ST: New York IN: RLT SU: TNM * end of story *

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