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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?

To: HandsOn who wrote (448)	5/26/2000 4:30:00 PM
From: If only I'd held	Read Replies (1) \| Respond to of 24256

Uhh, hmmm, let me think about that....No. <gg> You have a good time buddy, and have a good weekend.

To: HandsOn who wrote (448)	5/26/2000 4:37:00 PM
From: flyboy	Read Replies (1) \| Respond to of 24256

Hey guys check this out.... biz.yahoo.com >>>""The aggregate carrying value of GC Companies' investment portfolio at April 30, 2000 was approximately $126.0 million, lower than previously-reported levels due to the recent public market decline. Due to a decline in the value of one of the Company's holdings in marketable securities during the last fiscal quarter, as of April 30, 2000 the Company was not in compliance with certain financial covenants in its financing arrangements with certain of its financial institutions, including its revolving credit facility and its reimbursement agreement with Harcourt General, Inc. The Company has received waivers of these covenants for the period ended April 30, 2000 from all of its financial institutions and Harcourt General. As a condition to the receipt of these waivers, the Company has agreed to certain additional restrictions on distributions, investments, and borrowing.""<<< Pretty ugly, there will be others....This could get real ugly real fast.