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To: Theo who wrote (82142)3/20/2001 2:50:30 PM
From: Shell Searcher  Respond to of 150070
 
Nasdaq Shell AMCE signs a deal.

Tuesday March 20, 1:46 pm Eastern Time
Press Release
American Claims Evaluation Enters Letter of Intent
JERICHO, N.Y.--(BUSINESS WIRE)--March 20, 2001--American Claims Evaluation, Inc. (NASDAQ:AMCE - news) announced it has entered into a Letter of Intent for the proposed acquisition of a privately-held East Coast corporation which is in the business of providing occupational health care staffing and services.

The acquisition is to be effected on a cash basis with a down payment at closing plus an additional amount contingent upon future earnings, which could result in a total purchase price of $6,000,000. Such entity had revenues in excess of $11,000,000 during its most recent fiscal year. As is customary, the proposed acquisition is subject to the commencement and completion of due diligence activities by American Claims, and the negotiation and consummation of a legally binding stock purchase agreement and other contingencies.

American Claims Evaluation, Inc., through its wholly-owned subsidiary, RPM Rehabilitation & Associates, Inc., offers a full range of vocational rehabilitation and disability management services.

For further information contact: Gary J. Knauer, Chief Financial Officer, American Claims Evaluation, Inc., One Jericho Plaza, Jericho, New York 11753; telephone number: (516) 938-8000

--------------------------------------------------------------------------------
Contact:

American Claims Evaluation, Inc., Jericho
Gary J. Knauer, 516/938-8000



To: Theo who wrote (82142)3/20/2001 2:50:53 PM
From: Joe Copia  Read Replies (3) | Respond to of 150070
 
Theo, all the brains in the world should realize it is easier to "put on the brakes" than it is to get "going".

A 3/4 drop NOW and a larger retro-active tax cut to Jan 1, 2001 NOW is prudent, imo.

We can always apply the "brakes".