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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Jay Letterman who wrote (7161)	8/12/1998 12:59:00 PM
From: Harry_Behemoth	Respond to of 25711

CMI Capital and Their European Partners Makes an Offer for All the Issued and Outstanding Capital Stock of Indocan Resources Inc Business Wire - August 12, 1998 11:45 MONTREAL--(BUSINESS WIRE)--Aug. 12, 1998--CMI Capital of Montreal and their European partners have made an offer for all the issued and outstanding capital stock of Indocan Resources Inc. (OTC BB:IDCN) at a price of $0.375 per share. The offer is in effect until September 1, 1998. CONTACT: Serge Talon PDG 514/987-8016 Fax: 514 987 7300

To: Jay Letterman who wrote (7161)	8/12/1998 1:21:00 PM
From: Jay Letterman	Read Replies (1) \| Respond to of 25711

IDCN,doing very, very well today, here is another news release from a few day's ago.,.,...,.Wednesday July 29, 12:28 pm Eastern Time Company Press Release Indocan Resources Announces 10 Million Share Buyback MONTREAL--(BUSINESS WIRE)--July 29, 1998--Indocan Resources Inc. (OTC BB: IDCN - news) Given the current price of the company shares and the company's excellent state of financing, the company has decided to repurchase up to ten million of its common shares in the open market during the coming two months. Contact: Indocan Resources Inc., Montreal Jeffrey R. Bruhjell, 604/929 7224 e-mail: jeffreyb@axion.net