Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John Liu who wrote (1371)	6/27/1998 11:49:00 AM
From: paul goldstein	Read Replies (2) \| Respond to of 1567

if they file chapter , then the employees continue working under same management. its the stockholders that lose as well as the lenders. so as i see it, everyone from lenders to vendors to boston chicken lose in a filing.. the only smart response? sell the real estate sell the bagel operation get a control over expenses buy out the franchisers to make the banks happy so that the banks will extend their loans. it all depends on the banks, why should they be nasty? its easier for them to just give bost the small loan, let bost use the revolver loans, then get paid extra for allowing bost to proceed, i also noticed they wanted to convert bonds to stock.. maybe they will make the conversion at , say three bucks a share on the convertible loans with out a call redemtion feature based on assets