The Motley Fool Discussion Boards

Previous Page

Stocks M / Manhattan Bagel Company


Subject:  Re: MAYDAY!MAYDAY! Date:  11/19/1997  11:23 AM
Author:  slags Number:  12 of 24

Well, they filed chapter 11 today. I talked to senior mang. yesterday. He said they feel they have a viable company. Need to get a new business plan, get rid of some lawsuit pending in Cal., close some company owned stores, and new management. He felt that the hiring of 3 top people this year steered them in the wrong direction. Hope they pull this off. I'm still holding on too. At this point I have very little left to lose. The person I talked to said the top people there still own alot of shares, it gives them incentive to turn it around too, if you can believe what they are saying.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us