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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: P.E. Allen who wrote (6971)2/24/1999 4:47:00 PM
From: edge  Read Replies (1) | Respond to of 11130
 
FYI HTNZ

FROM THE LOOK OF THE BELOW NEWS RELEASE..IT APPEARS THAT SOMETHING MAY BE LOOMING SOON WITH THIS CO.....THE BANK HAS INCREASED THE CREDIT FACILITY AND SHORTENED THE MATURITY OF A SENIOR BANK NOTE BY THREE YEARS...

GOOD LUCK .10 TOMMORROW WOULD BE GREAT!! THAT WAS THE HIGH IN 'THE END OF '97...ANY IDEA OF THE FLOAT?

GOOD LUCK

01/15 17:42 Hollywood Theaters gets credit facility
expansion

DALLAS, Jan 15 (Reuters) - Hollywood Theaters Inc. said Friday it entered into an amendment with its senior bank that provides for an expansion of its credity facility to $75 million.

The company did not disclose how much it was before. It said in a statement that the amendment was subject to certain conditions of borrowing, a waiver of compliance by the company of all financial covenants until June 30, 1999,and an acceleration of maturity of amounts outstanding under the senior bank facility to June 30, 1999 from August 7, 2002.

((-- New York Newsdesk 212 859-1700))