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

To: Robert Rice who wrote (1454)	10/6/1998 1:38:00 AM
From: CoffeePot	Read Replies (1) \| Respond to of 1567

It's over, the company is going to the bond holders and other secured creditors, and even they will only get pennies on the dollar, just look at where the debt issues are trading.If they're lucky the commons might be issued warrants in the new company which would initially be out of the money. Next comes delisting.....to the otc:bb.....eeewwww!! p.s. I'd save your money to buy stock in the new company, for educational purposes check out DINE just a year ago it was FLST, same company, but new owners after the BK.

To: Robert Rice who wrote (1454)	10/7/1998 12:59:00 PM
From: Jester	Respond to of 1567

The problem is the massive debt. They owe so much that a restructure will allow the principal lenders to recover less than half their loan amounts. That is the reason BC filed. It is their intention to get off scott free on 2/3 of their debt. As an equity investor (stockholder) you are the bottom of the food chain. The stockholders will almost surely be wiped out completely. The stock will probably be worth only warrants for the new stock after the re-structure. That is way down the road, I'm sure more than a year. Look at Marvel. djb