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

To: StormRider who wrote (162)	1/15/1999 12:31:00 AM
From: CoffeePot	Read Replies (2) \| Respond to of 476

If Golden Books goes bankrupt, Disney won't get paid, paid what??.......why would Disney purchase GBFE at a premium NOW when they could just wait a few months and have their pick and choose of GBFE assets for a fraction of the price? As I was saying before, DBFE is in default on $150,000,000 in debt, come February 12th the company has to pay interest on all those millions they wern't able to pay when it first came due.........unless they get a cash infusion ( which is VERY unlikely considering GBFE is losing $$ hand over fist) GBFE will probably be facing bankruptcy......THAT would be a great time to place bids on company assets. IMO