<MCM CORP> TO DELAY YEAREND REPORT
McM Corp said it has been forced
to delay the release of its fourth quarter and yearend results
until it can determine the effects on its balance sheet of a
possible increase in liabilities at a unit.
    Earlier this month, the company's Occidental Fire and
Casualty Co unit paid 26 mln dlrs to a unit of <Mutual of
Omaha> under a commutation agreement.
    However, McM said it now believes it is possible that the
unit's liabilities may exceed 26 mln dlrs.
    It said a finding on any possible increase should be
completed by April 15.
 Reuter
