FTL- Fruit of the Loom Message Board

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Non-Tech : FTL- Fruit of the Loom

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To: Feraldo who wrote (42)	12/29/1999 12:38:00 PM
From: DesertRat1	Read Replies (1) of 161

I'm wondering if Chapter 11 is in the works, how this situation can compare to Singer (SEW) a few months ago. Singer is the biggest name in sewing machines and had 1998 sales of $1.3 billion. They filed Chapter 11 three months ago. At the time the price of the stock was about $1.25. It is at $0.50 as of today. I can't see there not being a way for the company to continue, because they have such a strong brand name in the US and in the world. But yet it's happening anyway. Anyone have any thoughts on a comparison between companies like Fruit of the Loom, Singer, and Zenith. TIA, DRat.

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