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Non-Tech : Boston Market (BOSTQ)

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To: IN_GOD_I_TRUST who wrote (1450)10/5/1998 7:08:00 PM
From: Sr K   of 1567
 
The stock is almost worthless but investors always hang onto some hope. The possibilities are that the stock is wiped out (30%), loads of new shares are issued followed by a possible 1:20 reverse split so that current holders get about 1/20 of a new share for each current share which maybe has an upside of 1/8 if the new common is $2.50 (40%), and the current common holders get 5- or 7-year warrants to buy new shares for $3 or $4 (or a fraction of a warrant so you need some number of shares to even get the warrant) (30%), IMO.
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