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Non-Tech : Boston Market (BOSTQ)

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To: sks1 who wrote (1469)11/2/1998 12:43:00 AM
From: paul goldstein   of 1567
 
just for conversation..
i have no real ideas, except...
what if the company submits a plan of reorganization and the creditor committee can accept it, or, submit one of their own to the judge for consideration..
what if it wipes off about 600 million in debt and issues 200 million shares and , say, 200 warrents for the total debt.
suppose then you would have about 280 to 300 million shares plus 200 million warrents for shares at, say three bucks a share
what if then the old shares remain .
so, what if bostq could make a profit from operations by not having to pay interest on tha told 800 million in debt plus bad leases plus their wild dealings with the various groups they had owning franchises..
what then would bost be worth a share.
not recommending stock.
just having conversation as to why this stock is a buclk and may go higher in price.
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