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Non-Tech : BGLS (Manhattan Bagel Company)

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To: Tom Klempay who wrote (162)11/15/1997 11:02:00 AM
From: X-Ray Man  Read Replies (1) of 194
 
Yeah. I got nervous about a week ago, when I read how badly all
the other bagel chains were doing, across the board. So, I sold
out at 4.25 after a long drift down from 9 average. Obviously,
glad I did, considering how much worse it could have been. Also
agree that I can't see the path here for a successful bottomfishing
expedition.

Assuming chapter 11, what happens to holders of current shares?
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