EXCO BUYS U.S. GOVERNMENT SECURITIES BROKER

<Coloroll Group Plc> said it has entered 
into a conditional agreement to acquire the business and assets 
of <Wallco Inc> and related companies for 14.5 mln dlrs. 
    Miami-based Wallco manufactures and distributes 
wallcoverings and showed a pretax profit of 1.5 mln dlrs on 
turnover of 37 mln in the year ending June 1986. The total U.S. 
Market was estimated to be worth 840 mln dlrs in 1986, having 
grown by 47 pct in the previous five years, Coloroll said. 
    The combined sales and profit of the enlarged Coloroll U.S. 
Business would be 67 mln and four mln dlrs respectively. 
 REUTER

COLOROLL AGREES TO BUY U.S. WALLCOVERINGS COMPANY

Scientific Micro Systems Inc said it 
has acquired Supermac Technology, a rapidly growing supplier of 
enhancement products and disc drive subsystems for the Apple 
personal computer market. 
    Scientific Micro said it acquired all the common stock of 
Supermac in exchange for 1.05 mln shares of its own common 
stock. The stock closed at 5.50 dlrs bid on Friday. 
    Supermac, a privately held firm based in Mountain View, 
California, as is Scientific Micro, reported a net profit of 
300,000 dlrs on revenue of 9.5 mln dlrs in fiscal 1986. It 
expects its revenue to approximately double in 1987. 
 
 Reuter

SCIENTIFIC MICRO SYSTEMS <SMSI> ACUIRES SUPERMAC

AMERICAN EXPRESS <AXP> VIEWING SHEARSON OPTIONS

Ropak Corp said it received 
and accepted about 456,968 common shares and 527,035 Series A 
convertible preferred shares of Buckhorn Inc at four dlrs and 
5.75 dlrs each respectively in response to its tender offer 
that expired Friday, and it now owns 34.4 pct of Buckhorn 
voting power. 
    The company had owned 63,000 common and 25,100 preferred 
shares before starting the hostile tender.  Ropak said it is 
borrowing the funds needed to buy the Buckhorn shares from its 
bank lender and will not need to use any funds that another 
bank had committed to provide under a margin loan. 
    Ropak said it waived minimum acceptance requirements to buy 
the shares and intends to evaluate a number of possible ways of 
completing an acquisition of Buckhorn.  It said it hopes that 
Buckhorn's board will reevaluate its position and enter into 
meaningful negotiations. 
 Reuter