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Strategies & Market Trends : REIC REII INCORPORATED -- Ignore unavailable to you. Want to Upgrade?

To: TallTrader who wrote (9)	10/5/1999 5:19:00 PM
From: The Saint	Read Replies (1) \| Respond to of 16

Bull Run Picks BullRun Members, Here is a shortterm trade you may want to check out. I just purchased REIC. Should gap big tomorrow. Current price around .60 cents. Buyout worth $1.80 a share. thanks, BullRun Tuesday October 5, 1:04 pm Eastern Time Company Press Release REII Inc. Accepts Offer in Principle From Claremont Holdings Ltd. NAPLES, Fla.--(BUSINESS WIRE)--Oct. 5, 1999--REII Inc. (OTC BB:REIC), a Naples based firm, has agreed in principle to accept the tender offer proposed by Claremont Holdings Ltd., a private investment company, to purchase all the outstanding shares. The terms of the deal were $8 million or $1.80 per share. No other terms of the agreement were disclosed. -------------------------------------------------------------------------------- Contact: REII Inc., Naples Garfield Ricketts, 941/261-3396 ______________________________________________________________________ To unsubscribe, write to BullRunPick-unsubscribe@listbot.com Start Your Own FREE Email List at listbot.com