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Non-Tech : CompUSA (CPU) -- Ignore unavailable to you. Want to Upgrade?

To: Hank who wrote (2396)	5/14/1999 8:34:00 PM
From: bruce lorraine	Respond to of 3187

Hey Hank Way to go. You get todays high 5. bad bruce

To: Hank who wrote (2396)	5/15/1999 9:42:00 PM
From: Ploni	Read Replies (1) \| Respond to of 3187

Hank, you're probably kidding, but if not: it unfortunately doesn't work that way. I know from sad experience, as the owner of several stocks that did go to zero: the people who end up owning whatever assets are left are the debtors and maybe bondholders. Owners of common stock are usually wiped out, though in some cases they may be given a tiny amount of "new stock" if the company emerges from bankruptcy. You know what's really strange: these bankruptcy plans are worded to say something like, "as the common stock will be wiped out under this plan, common shareholders are not allowed to vote on the plan." Doesn't this seem screwy? Imagine if Clinton proposed revising the Constitution, so that Republicans would have their houses confiscated. When the Republicans went to vote against it, they were told that since they would be wiped out by the proposal, they aren't allowed to vote on it.