Hills Stores (HDS)- 7th largest retail chain Message Board

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Non-Tech : Hills Stores (HDS)- 7th largest retail chain

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To: Bosco who wrote (184)	11/18/1998 5:04:00 PM
From: Mr. Jens Tingleff	Read Replies (1) of 201

Hill will say to us accept the offer of AMES - 1.5 + 25% of action against former directors. Is in the news today as headline only. I say - why ? - when AMES are paying the debt-notes at a rate of appx 50% - and with current quarter loss we are down at internal value at 4$ we should have 50% of internal value also = 2$ - As the internal value is the actual value a shareholder "lends" the company. On top of course the 25% of is neither OK - What can come out of going after the former directors should be divided 33% to each Ames, Noteholders and us. Kr Jens PS At all, we might want to question the non recurring 7$ write down whatever it is - as we cannot see it yet. - Someone is taking money out of our pockets right now - fight it

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