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Non-Tech : Pillowtex Corp. - PTX -- Ignore unavailable to you. Want to Upgrade?


To: M CAHILL who wrote (1)5/17/1999 2:58:00 PM
From: Paul Weiss  Read Replies (1) | Respond to of 27
 
I'm in... this A.M. at 16 1/8. Debt is the worry. My hope is that management will use cash flow to bring this number down. A debt to equity ratio this high is scary. But- paying down the total debt should drive stock price higher, and that would accelaerate an improvement in the D/E ratio. Regards, Paul