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Non-Tech : SME(svcdq) has it bottomed out yet? Or will it hit bottom? -- Ignore unavailable to you. Want to Upgrade?


To: Bald Man from Mars who wrote (168)11/4/1998 11:14:00 AM
From: Mike Knaus  Read Replies (1) | Respond to of 305
 
Service Merchandise announced today a amendment to Shareholder Rights Agreement to remove Independent Director decisionMaking and vest decision-making to Board of Directors. My guess is that they are preparing to put company on sales block. Possible buyers Sears, J.C.Penny, T.J.Maxx. If anyone has any further info please respond.