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Non-Tech : FTL- Fruit of the Loom -- Ignore unavailable to you. Want to Upgrade?


To: Loyalist who wrote (100)1/26/2001 7:14:25 AM
From: Arthur Tang  Read Replies (1) | Respond to of 161
 
As you know they are in bankruptcy chapter 11; the court has reporting requirements but it is at a minimal. The concept is to reduce spending and get back into profitability.

Last quarter was reported on October 31, 2000. They should hide in bankruptcy until the business can be run soundly and the reporting is normal accounting procedure rather than bankruptcy simplicity.