From: "Kirk Olsen" <kolsen_at_imaginelan.com> > At 04:24 AM 1/21/02 -0500, you wrote: > >Malden Mills going down? > > Malden Mills entered chapter 11 (refinancing), not chapter 7 (closing) bankruptcy. > I would not worry about losing the supply based on this declaration. > Given that they are technically solvent (according to some newspaper articles online their assets excede liabilities), I'm hoping they will pull through without prnblems. Their problems seem to have more to do with cash flow and a (couple of?) cranky creditor(s). Keep buying Polartec! Mike, contented Malden Mills customer. *************************************************************************** PaddleWise Paddling Mailing List - Any opinions or suggestions expressed here are solely those of the writer(s). You must assume the entire responsibility for reliance upon them. All postings copyright the author. Submissions: PaddleWise_at_PaddleWise.net Subscriptions: PaddleWise-request_at_PaddleWise.net Website: http://www.paddlewise.net/ ***************************************************************************Received on Mon Jan 21 2002 - 14:31:51 PST
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