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Non-Tech : Pillowtex Corp. - PTX -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (3)	11/1/1999 12:15:00 PM
From: Jim Berg	Read Replies (1) \| Respond to of 27

I've been watching this one for some weeks now. Debt is really not a big problem here the company has decided to take all the hits in the previous quarter for upgrades equip, computers, idling of some machinery, Ects. company has a total long and short term debt of aprox 12.8 mil, Thats nothing for a company of this size Total shares x book per share x debt/equity ratio = total

To: Return to Sender who wrote (3)	11/4/1999 8:40:00 AM
From: Paul Weiss	Read Replies (1) \| Respond to of 27

I've been wrong, very wrong, on this one so far. So one may want to keep that in mind. To see a gain on my $16-ish purchase price, will take a long time, but I expect it eventually. Before that occurs the dividend will (probably) be suspended. Some investors will give up at such a development. Best guess is that a basing pattern would begin. So, I think PTX looks like dead money with some risk. I'm not buying any more here, but I'm definately not selling, either. Paul