IONE COMPLETES INITIAL PUBLIC OFFERING
<Ione Inc>, which buys, sells and
manages retail gift, sundries and smokeshops located in hotels,
said it successfully completed a 1.8 mln share common stock
initial public offering at 25 cts a share.
    Rudy Steury, Ione president, said Ione will use the
proceeds to further develop its retail shop network, as well as
to purchase and resell more shops.
 Reuter
