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Stocks M / Manhattan Bagel Company

URL:  http://boards.fool.com/well-they-filed-chapter-11-today-i-talked-to-10053285.aspx

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.

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