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Non-Tech : Boston Market (BOSTQ) -- Ignore unavailable to you. Want to Upgrade?


To: VLAD who wrote (1066)4/1/1998 9:40:00 PM
From: Sr K  Read Replies (1) | Respond to of 1567
 
Book value has been restated downward, at least by implications from company news releases.

Can anyone explain the action in BOSTG and BOSTH? Looks like someone dumped without a limit or it was a margin call sale. Low was 20 for BOSTG.

Also, I think WPSA under $18,000 or so violates a bank credit covenant. What is total bank debt?

I'm not sure it's oversold. The bonds' action makes it look like it's going lower. I wouldn't buy until I read all of the 10-K.