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

To: paul goldstein who wrote (1268)5/29/1998 12:24:00 PM
From: AgAuUSA  Read Replies (2) | Respond to of 1567
 
<<ooks pretty ugly this friday,,
but, for the longs. hope they make it.>>

Well, I'll definately miss the food in the unlikely event that they phase out. Looks like the stores in this area are still clean and the food is still fresh and flavorful. Prices are reasonable too.

Just dunno. I can only say that the management of business ops must be under enormous pressure now. How they handle the bonds will determine their future. Who would pay good $ to a co that cannot manage their debt? I feel that Bost situation is serious and on the cusp of grave. Look at K-mart for guidance.



To: paul goldstein who wrote (1268)5/29/1998 12:33:00 PM
From: PerryA  Respond to of 1567
 
I suspect you may be right, but I wonder how much time they have to sell assets before being forced into default. Judging by recent press releases and filings, I am under the impression that BOST was not expecting such a negative reaction to the filing and that there is still time to get things under control as you surmise. Maybe BOST will clarify soon.
Regards - PerryA


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