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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?

To: Alan Smithee who wrote (10775)	1/21/2002 6:38:59 PM
From: Original Mad Dog	Respond to of 23786

Sure looks like the first lap in their circle the drain farewell tour. They will reorganize and half the stores will be closed. They have an awful lot of bad real estate leases to flush out of their systems.

To: Alan Smithee who wrote (10775)	1/21/2002 6:46:12 PM
From: MulhollandDrive	Respond to of 23786

>>People close to those talks said Kmart is trying to negotiate with banks, led by J.P. Morgan Chase & Co., for as much as $3 billion in new financing. The credit line would be secured by Kmart assets, mostly inventory.<< I would just love to see the assigned "value" of those assets. Hope the bank never has to lay claim to those inventories. That would be the mother of "Blue Light Specials"...