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Microcap & Penny Stocks : Ames Department Stores (AMES) -- Ignore unavailable to you. Want to Upgrade?


To: Wally Mastroly who wrote (1471)12/11/1998 10:58:00 AM
From: Lel H  Respond to of 1911
 
It seems to me that PPM is going to be able to block the acquisition of Hills. Maybe Ames should withdraw its offer, let Hills drop into bankruptcy, and then buy certain assets for cheap. Is it just me, or is PPM being unreasonable for wanting all its money back on its junk bonds?