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Microcap & Penny Stocks : GBFE - GOLDEN BOOKS FAMILY ENTMT INC

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To: Joe Copia who wrote ()1/31/1999 10:06:00 PM
From: aroundight  Read Replies (1) of 476
 
Is there a bullish case for GBFE without a takeover?

This one caught my eye when it started moving, but when I looked at the balance sheet, I thought the company was in terrible condition and that bankruptcy was a possibility. Is the recent move just based on the takeover speculation, or have I missed something?
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