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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?
<p>Rob Goodale
<br>Las Vegas, NV<br>
<br>
<BR>
<p>Billbrpt@AOL.COM wrote:
<blockquote TYPE=CITE><font face="arial,helvetica"><font size=-1>List,</font></font>
<p><font face="arial,helvetica"><font size=-1>It won't be long, mark my
words. This headline today from the financial</font></font>
<br><font face="arial,helvetica"><font size=-1>markets:</font></font>
<p><b><font face="Arial"><font color="#000000"><font size=+2>Baldwin Piano
Announces Sales Fall Off and Liquidity Squeeze</font></font></font></b>
<p><font face="Arial"><font color="#000000"><font size=+2>MASON, Ohio--(BUSINESS
WIRE)--April 24, 2001--Baldwin Piano & Organ Company</font></font></font>
<br><font face="Arial"><font color="#000000"><font size=+2>(NASDAQ:
BPAO ) today announced disappointing April sales trends and tighter</font></font></font>
<br><font face="Arial"><font color="#000000"><font size=+2>lending terms
from its primary lender, which, taken together, are</font></font></font>
<br><font face="Arial"><font color="#000000"><font size=+2>exacerbating
Baldwin's current liquidity situation. Baldwin is currently in</font></font></font>
<br><font face="Arial"><font color="#000000"><font size=+2>discussions
with its primary lender to address this situation in the near</font></font></font>
<br><font face="Arial"><font color="#000000"><font size=+2>term....</font></font></font>
<p><font face="Arial"><font color="#000000"><font size=-1>Bill Bremmer
RPT</font></font></font>
<br><font face="Arial"><font color="#000000"><font size=-1>Madison, Wisconsin</font></font></font></blockquote>
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