RAYCOMM TRANSWORLD &lt;RACM.O> TO MAKE ACQUISITION
  Raycomm Transworld Industries Inc
  said it has agreed in principle subject to board approvals to
  acquire Spiridellis Consulting Group Inc, a privately-held
  computer services consulting firm, for a number of common
  shares to be determined based on pretax earnings of Spiridellis
  over a five-year period.
      The company said it will gaurantee that almost all of the
  issued shares will attain price levels ranging from five to
  nine dlrs each for two years after their issuance.
      It said Spiridellis had revenues of 3,500,000 dlrs in
  calendar 1986.
  

