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Microcap & Penny Stocks : WestAmerica Corp. (WACC) -- Ignore unavailable to you. Want to Upgrade?

To: MeMark who wrote (485)	8/17/1998 1:20:00 PM
From: JOE TURMAINE	Read Replies (2) \| Respond to of 749

Mark, from todays Orlando Business Journal >>http://www.amcity.com/orlando/stories/current/weekinbiz.html WestAmerica acquires first tract for time share resort ORLANDO -- Orlando's WestAmerica Corp. completed the purchase of 35 acres and exercised the option to purchase another 250 acres for a time share development in Polk County. The option, which calls for a purchase price of $5 million, or $20,000 an acre, runs for 12 months and may be extended for up to 41/2 months. The seller is Dr. James P. Gills of Tarpon Springs. The land, located on Highway 27 between Interstate 4 and State Road 192, is within a 10-minute drive of Walt Disney World. WestAmerica plans a time share resort featuring single-family homes, an 18-hole golf course and other amenities. << JOE