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Microcap & Penny Stocks : Picks? Investment Advice? Penny Stocks?

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To: Mark Erik Blair who wrote ()3/6/1997 5:16:00 PM
From: J.F.   of 47
 
GROSSMANS - I'm looking for some info on what
effect a company filing for chap 11 has on
the shareholders or share price. This may sound
like a stupid question but Grossmans has recently
reached a deal with Jeld_Wen which will give them
the capital to stay in bussiness but they still
plan to file for bankruptcy. Thier current stock
price is .25 and has remained stable at that
level since their announcement a couple of days
ago. I wondering what one could expect to happen
down the road...
Any info will be appreciated...
jf...
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