<?xml version="1.0"?>
<REUTERS TOPICS="YES" LEWISSPLIT="TRAIN" CGISPLIT="TRAINING-SET" OLDID="12570" NEWID="387">
 <DATE>2-MAR-1987 09:02:51.89</DATE>
 <TOPICS>
  <D>acq</D>
 </TOPICS>
 <PLACES>
  <D>usa</D>
 </PLACES>
 <PEOPLE/>
 <ORGS/>
 <EXCHANGES/>
 <COMPANIES/>
 <UNKNOWN>F
   f0411 reute
u f BC-LAROCHE-STARTS-BID-FO   03-02 0058</UNKNOWN>
 <TEXT>
  <TITLE>LAROCHE STARTS BID FOR NECO &lt;NPT&gt; SHARES</TITLE>
  <DATELINE>NEW YORK, March 2 -</DATELINE>
  <BODY>Investor David F. La Roche of North
Kingstown, R.I., said he is offering to purchase 170,000 common
shares of NECO Enterprises Inc at 26 dlrs each.
    He said the successful completion of the offer, plus shares
he already owns, would give him 50.5 pct of NECO&apos;s 962,016
common shares.
    La Roche said he may buy more, and possible all NECO
shares. He said the offer and withdrawal rights will expire at
1630 EST/2130 gmt, March 30, 1987.
 Reuter</BODY>
 </TEXT>
</REUTERS>
