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

To: IN_GOD_I_TRUST who wrote (1353)	6/19/1998 6:19:00 PM
From: L.B.Nguyen	Read Replies (1) \| Respond to of 1567

Doesn't chapter 7 use for reorganizing the business while putting all creditors/investors on hold until further notice, your share will trade under BB with a different symbol at a much lower price; and chapter 11 use for closing down the business and whomever on the list according to its priority will get his/her money until the company completely liquidated its asset ? company will no longer exist after chapter 11. If you are a share holder then it becomes worthless, actually 1/3 of the original value for tax write off. Personally, I think Bost will try to buy time by doing chapter 7 to reorganize itself if it is under too much pressure from creditors. PS: I am not an accountant