LAROCHE STARTS BID FOR NECO &lt;NPT> SHARES

  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'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.
  

