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Non-Tech : FTL- Fruit of the Loom

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To: Marty Rubin who wrote (28)12/3/1999 1:47:00 PM
From: Marty Rubin  Read Replies (2) of 161
 
FTL Touched $1.25 today.
Currently: 1.5, 1.5625.

I don't know whether it's down due to BK (via last month's bloomberg news) or Tax Loss.

I believe it's the latter, as we still have a month or two for the bonds (please double check). New mgmt hadn't been tested yet. Great brand.

I hope to be in by 8-15 of Dec. Good dd is a most in this case to see if you're comfe. Focus on cash flow vs. bond payments only, if you lack the time. Read bondholder's terms. Take your chances; it's your money.
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