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QUAKER FABRIC CORP Message Board

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  • astral_tsar astral_tsar Dec 29, 2005 4:51 PM Flag

    Quo Vadis QFAB?

    Nobody really knows. It may not matter, because cash flow problems appear to be severe. The company is losing money rapidly and doesn't have enough cash to meet interest payments beyond this quarter. If they file for Ch 11, the shareholders are unlikely to get anything, real estate or not.