Z - The Venator Group Message Board

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Microcap & Penny Stocks : Z - The Venator Group

Z 71.19

+6.2%

Nov 21 9:30 AM EST

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To: DRRISK who wrote (6)	2/19/1999 9:57:00 AM
From: Tom Nealon	Read Replies (1) of 66

It's possible - there were recently some questions regarding a re-structuring of their debt but Merrill at least thought it would come off without a hitch. They just got a pile of cash selling the Woolworth building (though they spent about the same amount buying Eastbay a while ago). Overall it seems unlikely since they generate so much cash flow, but from the stock action it appears that someone at least thinks they know something. I have just a little and am looking to add if the picture clears up any. I'll let you know if I figure anything out. I think the shareholder was Greenway partners - I'll doublecheck - and you're right, the chart is telling everyone to get the hell out the way.

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