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Non-Tech : Boston Market (BOSTQ)

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To: Robert Rice who wrote (1454)	10/7/1998 12:59:00 PM
From: Jester	of 1567

The problem is the massive debt. They owe so much that a restructure will allow the principal lenders to recover less than half their loan amounts. That is the reason BC filed. It is their intention to get off scott free on 2/3 of their debt. As an equity investor (stockholder) you are the bottom of the food chain. The stockholders will almost surely be wiped out completely. The stock will probably be worth only warrants for the new stock after the re-structure. That is way down the road, I'm sure more than a year. Look at Marvel. djb

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