PROPOSED OFFERINGS RECENTLY FILED WITH THE SEC
The following proposed securities
offerings were filed recently with the Securities and Exchange
Commission:
    On-Line Software International Inc <OSII> - Offering of 30
mln dlrs of convertible subordinated debentures due March 15,
2002 through Drexel Burnham Lambert Inc and Donaldson, Lufkin
and Jenrette Securities Corp.
    Covenant Corp - Initial public offering of two mln shares
of common stock, including 1,543,916 being sold by current
holders, at an estimated 11.00 to 12.50 dlrs each through First
Boston Corp.
    Marine Midland Banks Inc <MM> - Offering of 125 mln dlrs of
subordinated capital notes due March 1, 1997 through
underwriters led by First Boston Corp.
    Pentair Inc <PNTA> - Offering of two mln shares cumulative
convertible preferred stock, series 1987, through Kidder,
Peabody and Co Inc and Piper, Jaffray and Hopwood Inc.
    SunGard Data Systems Inc <SNDT> - Offering of 1.2 mln
shares of common stock through Alex. Brown and Sons Inc and
L.F. Rothschild, Unterberg, Towbin Inc.
    Weyerhaeuser Co <WY> - Shelf offering of up to 250 mln dlrs
of debt securities in addition to another 100 mln dlrs of debt
securities already registered with the SEC but unsold.
    Xicor Inc <XICO> - Offering of 1.8 mln shares of common
stock through Montgomery Securities and Smith Barney, Harris
Upham and Co Inc.
    LyphoMed Inc <LMED> - Offering of 70 mln dlrs of
convertible subordinated debentures due March 15, 2012 through
Alex. Brown and Sons Inc and Montgomery Securities.
 Reuter
