Baldwin Chapter 11

[Farrell]

> Care to buy some Baldwin stock??

Hey, the Warren Buffetts of the world don't buy when the price is high!!!!

BTW, my name is NOT Warren Buffett.

Terry Farrell

----- Original Message -----
From: "Larry Fisher" <larryf@pacifier.com>
To: <pianotech@ptg.org>
Sent: Monday, June 11, 2001 11:27 PM
Subject: Baldwin Chapter 11


> Hi all,
>
> I just got a notice in the mail that says Baldwin P & O is having their
> problems.  Baldwin, Wurlitzer and Baldwin Trading are all in Chapter 11
> bankruptcy.  For those of you who didn't get this notice, you have until
> October 4, 2001 to file a claim with them.  If I understand the
mumbo-jumbo
> on the back of the notice, Chap 11 is a reoganization process ........  as
> opposed to Chap 13 which I would venture a guess is total liquidation.
> Chap 11 allows for some dismissal of debt, and eased repayment policies
for
> debtors.
>
> Fortunately, I'm totally reimbursed at the moment.  My recent
> discontinuance of service for the local Baldwin dealer would appear to be
> quite timely at the moment.
>
> Baldwin has gone through financial turmoil before during the recession in
> the 70's.  History does indeed have a repetative nature to it eh??
>
> Care to buy some Baldwin stock??
>
> Lar
>
>
>                                Larry Fisher RPT
>    specialist in players, retrofits, and other complicated stuff
>             Beau Dahnker pianos work best under water
>