	continental federal conf holder to sell stake continental federal savings and loan association said it was told that an estate holding pct of its stock plans to sell its stake at a premium over the current stock price continental said the estate of harold vernon and certain parties have signed a letter of intent to sell the stock for dlrs a share for a total of about dlrs continental s stock closed at seven in over the counter trading the thrift said the buyer is bac inc a corporation acting for certain unindentified parties reuter 
