<HTML><FONT FACE=arial,helvetica><FONT SIZE=2>In a message dated 6/6/01 9:40:55 PM Eastern Daylight Time,
<BR>kswafford@earthlink.net writes:
<BR>
<BR>
<BR><BLOCKQUOTE TYPE=CITE style="BORDER-LEFT: #0000ff 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px">By coincidence, the following is from this morning's (6-6) Kansas City Star,
<BR>in an article concerning the recent Chapter 11 filing of a Kansas City
<BR>business, Payless Cashways:
<BR>
<BR>"The odds are sky high against Payless or any other Chapter 11 company being
<BR>successful.
<BR>
<BR>According to the American Bankruptcy Institute, 85 percent to 87 percent of
<BR>companies that go into Chapter 11 do not succeed in reorganizing.
<BR>
<BR>The landscape is littered with failed retail Chapter 11s, including Venture
<BR>Stores Inc., Montgomery Ward & Co., Carter Hawley Hale and Service
<BR>Merchandise, to name a few."
<BR>
<BR>
<BR></BLOCKQUOTE>
<BR>
<BR>That is true, but Baldwin is an example of one who HAS gone through Chapter
<BR>11 successfully. They did it already in 1984.
<BR>
<BR>Good Luck to them,
<BR>
<BR>
<BR>Richard Galassini
<BR>Cunningham Piano Co. & Factory
<BR>Philadelphia, Pa.
<BR>1 (800) 394-1117
<BR> <A HREF="http://hometown.aol.com/voce88/cunn.html">http://hometown.aol.com/voce88/cunn.html</A> </FONT></HTML>