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To: VanGo101 who wrote (4520)1/15/1998 1:10:00 PM
From: BARRY ALLEN  Read Replies (1) | Respond to of 5812
 
Van,

I agree that if Chapter 11 is the case we lose most of our investment if not all. I've had two experiences with Chapter 11. One was with LTV and I ended up with 11 warrants worth a few dollars from a 1000 share position after reorganization. The other was with Continental Airlines where a 6000 share position was worth zero when they re-emerged from bankruptcy. Just remembered Midway Airlines (MDWA)-- 500 shares worth zero but they never came back but only sold the rights to their name and logo.

Still would like somone to research the insider positions on the total
holdings of the recent filers.

Btw, did not listen to the conference call. Maybe I should.

Barry