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Microcap & Penny Stocks : GBFE - GOLDEN BOOKS FAMILY ENTMT INC -- Ignore unavailable to you. Want to Upgrade?


To: RSkarsten who wrote (161)1/15/1999 9:57:00 AM
From: JEM  Read Replies (1) | Respond to of 476
 
My own uneducated take on all this - just my OWN THOUGHTS:.

1. GBFE has been trying to sell the biz at the new Wisconsin plant (see old news releases);

2. Employees at the Wisconsin plant have reported visitors coming to look at the plant over the last month (see old posts at Yahoo);

3. Disney has their own children's book publishing business, and make different versions of the same type books they license to GBFE (last time I checked, anyway!)

Pure conjecture, now:

4. One of the co's looking at the WISCONSIN PRINTING BIZ was Disney?

5. When asked, Disney's CEO says yeah, we've looked at 'buying' GBFE - but what he meant was they've looked at buying the printing business in Wisconsin?

6. The press takes the ball and runs with it?

Again, just my own CONJECTURE.

JEM