Baldwin's last gasps?

[Robert Goodale]

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I knew this was coming pretty quick.  I have an "inside" lead who
informed me privately that Baldwin was inches from going bye bye.  Let's
just say that there are houses in my area who's value exceed Baldwin's
total net worth.  Another American piano manufacturer about to become
history.   Now the question:  Who will buy the name and begin importing
Korean stencils?

Rob Goodale
Las Vegas, NV

Billbrpt@AOL.COM wrote:

> List,
>
> It won't be long, mark my words.  This headline today from the
> financial
> markets:
>
> Baldwin Piano Announces Sales Fall Off and Liquidity Squeeze
>
> MASON, Ohio--(BUSINESS WIRE)--April 24, 2001--Baldwin Piano & Organ
> Company
> (NASDAQ:  BPAO ) today announced disappointing April sales trends and
> tighter
> lending terms from its primary lender, which, taken together, are
> exacerbating Baldwin's current liquidity situation. Baldwin is
> currently in
> discussions with its primary lender to address this situation in the
> near
> term....
>
> Bill Bremmer RPT
> Madison, Wisconsin

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