The Boca Raton owner-operator of class A resorts, however, isrefuting speculation that Raymond James & Associates Inc., aSt. Petersburg, FL, investment banking and securities firm,published in a recent stock market report.

"We have no plans to be taken out at all," Ron Castell, a BocaResorts senior vice president, tells

That doesn't dissuade William A. Crow, a Raymond James lodgingindustry analyst, from his opinion, however. "As far as a takeoutgoes, it just makes sense," Crow tells "But it wasn'tgoing to happen prior to them selling the hockey team."

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