GBFE - GOLDEN BOOKS FAMILY ENTMT INC Message Board

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Microcap & Penny Stocks : GBFE - GOLDEN BOOKS FAMILY ENTMT INC

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To: fatheroz who wrote (459)	9/1/1999 6:15:00 PM
From: Sethpop	Read Replies (1) of 476

PLAN CONFIRMED!!! Company will probably have a news release tomorrow with details. Normally the plan becomes effective within 10 or so days after confirmation...so in all likelihood the last day for trading the stock will be around September 10-13 (watch the fun now!!) My personal OPINION is that anyone who likes the properties of Golden Books should wait a short while until there is sufficient information about the "new" Golden Books stock so that they can make an informed investment decision. It is also my observation that within the first few months after "new" stocks begin trading (where those stocks have been issued to former trade creditors and/or debenture holders) there is quite a bit of selling on the part of the creditors who wish to have their money and couldn't care less about the investment merits of the company....so frequently this represents a good buying opportunity if that is your ultimate decision. Well....the music stops about September 10...should be fun to watch the trading between now and then as everyone scrambles to find a chair.

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