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To: Susan Saline who wrote (14349)	5/19/1998 6:37:00 PM
From: DanZ	Read Replies (3) of 53068

PAA Sue, Here is a statement from the press release: <"The plan provides that Pan Am's existing equity will be extinguished upon confirmation and will not represent any interest whatsoever in the reorganized debtor," the statement said.> I interpret this to mean that your stock will be worthless although you will still own it. It might be worth a penny a share since somebody might be willing to buy it hoping that the bankruptcy decision will be reversed. This really sucks; I'm sorry for anybody who is holding the stock. I thought you said a while back that you didn't buy it. Sorry if you did. :o(( Dan

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